Tippmann Paintball Homepage
Forum Home Forum Home > News And Views > Thoughts and Opinions
  New Posts New Posts
  FAQ FAQ  Forum Search   Register Register  Login Login

American oil wells

 Post Reply Post Reply Page  12>
Author
Message
Ken Majors View Drop Down
Gold Member
Gold Member
Avatar
Tree? What tree? OW!!!! Dangit!!!!

Joined: 02 March 2003
Location: United States
Status: Offline
Points: 2224
Post Options Post Options   Thanks (0) Thanks(0)   Quote Ken Majors Quote  Post ReplyReply Direct Link To This Post Topic: American oil wells
    Posted: 17 May 2008 at 10:26pm
I have a question that I'm not sure where to ask, or whom to ask it of.
So...I'll ask here.

I live in northwest Ohio.
In the past few months, I've noticed that the old oil wells, that have been here for years, have recently come to life.
They (the people who deal with these things) have been visiting (re-visiting) these wells.
They have put towers up on the well sites. The towers look very similar to antenna towers, but are about 40 feet tall and have white, yellow, and red lights on them.
I'm not sure what any of this means, but they are very lit up at night, and are visible for miles.

I work for an air ambulance service in the area, and I flew last night, and I noticed that there are HUNDREDS of these things all over the damn place.
I never knew that. I thought there were but a few of these, but from the air, at 1500 feet you can see that there are tons of them all over the place.

My question is: What the ????

What are they doing with these things?

The old timers in the area have told me that they never pumped the oil out of these wells when they were originally drilled 20-30 years ago. They drilled, struck oil and "capped" them.
Whatever that means.

So....does the activity that I am seeing mean that they are going to finally pump the oil out and use it?
Or what the heck is going on here?

Just thought I would throw this out there and see if any of you fine folks know anything about.

I realize that even if the Northwestern Ohio Oil wells had more oil than Saudi Arabia it wouldn't do anything to reduce our gas prices = greedy bastards.
RLTW
Back to Top
sinisterNorth View Drop Down
Moderator Group
Moderator Group
Avatar
1 strike, language, 10/3

Joined: 30 May 2004
Location: PA
Status: Offline
Points: 10463
Post Options Post Options   Thanks (0) Thanks(0)   Quote sinisterNorth Quote  Post ReplyReply Direct Link To This Post Posted: 17 May 2008 at 10:30pm
Sounds like they're marking to re-tap the wells, perhaps getting an estimate. I live in Western PA and I see a lot of towers go up and a week or so later drilling begins...day and night. Also, my particular area was rich in coal and a lot of the old strip mines are being dipped into again.
Pumpker'd; (V.) When a pump player runs up and shoots you at point blank range because you thought 20bps made you good.
Back to Top
tallen702 View Drop Down
Moderator Group
Moderator Group
Avatar
Hipster before Hipster was cool...

Joined: 10 June 2002
Location: Under Your Bed
Status: Offline
Points: 11857
Post Options Post Options   Thanks (0) Thanks(0)   Quote tallen702 Quote  Post ReplyReply Direct Link To This Post Posted: 17 May 2008 at 10:45pm
Usually what happens, Ken, is that less productive wells are capped and the people who own them retain the mineral rights until which point it becomes profitable for them to put forth the expense to pump oil from low-yield wells and transport the goods to market. This often happens when oil prices jump quickly due to speculation. These small well owners (usually large corporations, just small wells) will pump us much out of them as is profitable until prices begin to slip, when that happens, they cap them and wait for the next jump.

Same goes with natural gas.
<Removed overly wide sig. Tsk, you know better.>
Back to Top
*Stealth* View Drop Down
Platinum Member
Platinum Member

Watermarked

Joined: 31 October 2002
Location: Ethiopia
Status: Offline
Points: 10717
Post Options Post Options   Thanks (0) Thanks(0)   Quote *Stealth* Quote  Post ReplyReply Direct Link To This Post Posted: 17 May 2008 at 10:47pm
Originally posted by tallen702 tallen702 wrote:

Usually what happens, Ken, is that less productive wells are capped and the people who own them retain the mineral rights until which point it becomes profitable for them to put forth the expense to pump oil from low-yield wells and transport the goods to market. This often happens when oil prices jump quickly due to speculation. These small well owners (usually large corporations, just small wells) will pump us much out of them as is profitable until prices begin to slip, when that happens, they cap them and wait for the next jump.

Same goes with natural gas.




Why don't you go on a television trivia game?



Seriously, what don't you know?
WHO says eating pork is safe, but Mexicans have even cut back on their beloved greasy pork tacos. - MSNBC on the Swine Flu
Back to Top
The Guy View Drop Down
Platinum Member
Platinum Member
Avatar
Soup Can Guy

Joined: 18 March 2004
Status: Offline
Points: 6666
Post Options Post Options   Thanks (0) Thanks(0)   Quote The Guy Quote  Post ReplyReply Direct Link To This Post Posted: 17 May 2008 at 11:03pm
with soaring gas prices its now worth it to tap more expensive oil wells. Look at it this way, you know what increased supply does to prices.
Back to Top
.357 Magnum View Drop Down
Platinum Member
Platinum Member
Avatar
Guested and IP banned

Joined: 23 November 2007
Location: United States
Status: Offline
Points: 3335
Post Options Post Options   Thanks (0) Thanks(0)   Quote .357 Magnum Quote  Post ReplyReply Direct Link To This Post Posted: 17 May 2008 at 11:11pm
It's make sense to wait until prices were raised and they would profit more.
Back to Top
GI JOES SON View Drop Down
Platinum Member
Platinum Member
Avatar
Got me flowers for my birthday

Joined: 10 July 2005
Location: United States
Status: Offline
Points: 4946
Post Options Post Options   Thanks (0) Thanks(0)   Quote GI JOES SON Quote  Post ReplyReply Direct Link To This Post Posted: 18 May 2008 at 12:31am
we could really use some sort of air powered car right about now...
Back to Top
thebuickguy View Drop Down
Member
Member
Avatar

Joined: 12 October 2006
Status: Offline
Points: 169
Post Options Post Options   Thanks (0) Thanks(0)   Quote thebuickguy Quote  Post ReplyReply Direct Link To This Post Posted: 18 May 2008 at 8:14am
Yea i am from the same area and my friends family and my family owns a good portion of oil wells in sandusky county we have been pumping the wells non stop since oil has been above 60 dollars a barrel. where abouts are u toledo ? 
Tippmann A-5 SAW stock E grip
J&J Ceramic APEX tip
Spyder AMG J&J Ceramic
Tippmann 68 Carbine J&J Ceramic APEX tip
Tippmann Prolite
Back to Top
Ken Majors View Drop Down
Gold Member
Gold Member
Avatar
Tree? What tree? OW!!!! Dangit!!!!

Joined: 02 March 2003
Location: United States
Status: Offline
Points: 2224
Post Options Post Options   Thanks (0) Thanks(0)   Quote Ken Majors Quote  Post ReplyReply Direct Link To This Post Posted: 18 May 2008 at 10:22am
I live in Seneca County.

Little town of Bloomville.

It isn't the end of the world, but you can see it from here.
RLTW
Back to Top
Ozwarg View Drop Down
Member
Member
Avatar
Drama Panda

Joined: 11 May 2008
Location: United States
Status: Offline
Points: 261
Post Options Post Options   Thanks (0) Thanks(0)   Quote Ozwarg Quote  Post ReplyReply Direct Link To This Post Posted: 18 May 2008 at 1:27pm
they might be putting Seismographs up. They are looking into the ground to see if their is enough oil to drill to be worth their money. Most likely.
Back to Top
WGP guy2 View Drop Down
Platinum Member
Platinum Member
Avatar
I play the Bag Pipes

Joined: 23 September 2005
Location: 17h 45m 40.04s
Status: Offline
Points: 2585
Post Options Post Options   Thanks (0) Thanks(0)   Quote WGP guy2 Quote  Post ReplyReply Direct Link To This Post Posted: 18 May 2008 at 1:32pm
What type of helos do you guys fly, a Eurocopter of some sort I would assume?  What is your job?  All the air ambulance people I've seen are damn good at what they do.

Originally posted by GI JOES SON GI JOES SON wrote:

we could really use some sort of air powered car right about now...


I know of a type of car that runs on 93% air.
Back to Top
stick_boy_2002 View Drop Down
Moderator Group
Moderator Group
Avatar
Not 1 language strike

Joined: 19 June 2002
Location: OHIO
Status: Offline
Points: 2425
Post Options Post Options   Thanks (0) Thanks(0)   Quote stick_boy_2002 Quote  Post ReplyReply Direct Link To This Post Posted: 18 May 2008 at 5:23pm
Originally posted by Ken Majors Ken Majors wrote:

I live in Seneca County.

Little town of Bloomville.

It isn't the end of the world, but you can see it from here.


i always thought bloomville was the end of the world.
Back to Top
paintball437085 View Drop Down
Member
Member


Joined: 09 May 2008
Status: Offline
Points: 278
Post Options Post Options   Thanks (0) Thanks(0)   Quote paintball437085 Quote  Post ReplyReply Direct Link To This Post Posted: 18 May 2008 at 6:01pm
mabby when they drill like crazy gas will be one $1.50 again. (good ol days
psn=Xx_DY3_xX
Back to Top
tallen702 View Drop Down
Moderator Group
Moderator Group
Avatar
Hipster before Hipster was cool...

Joined: 10 June 2002
Location: Under Your Bed
Status: Offline
Points: 11857
Post Options Post Options   Thanks (0) Thanks(0)   Quote tallen702 Quote  Post ReplyReply Direct Link To This Post Posted: 18 May 2008 at 8:58pm
Originally posted by paintball437085 paintball437085 wrote:

mabby when they drill like crazy gas will be one $1.50 again. (good ol days


uh... when I was in college, it was $1.36/gal and I thought that was insane.

When I was in High School, it was $0.99/gal
<Removed overly wide sig. Tsk, you know better.>
Back to Top
jmac3 View Drop Down
Moderator Group
Moderator Group
Avatar
Official Box Hoister

Joined: 28 June 2004
Status: Offline
Points: 9204
Post Options Post Options   Thanks (0) Thanks(0)   Quote jmac3 Quote  Post ReplyReply Direct Link To This Post Posted: 18 May 2008 at 8:59pm
Originally posted by tallen702 tallen702 wrote:

Originally posted by paintball437085 paintball437085 wrote:

mabby when they drill like crazy gas will be one $1.50 again. (good ol days


uh... when I was in college, it was $1.36/gal and I thought that was insane.

When I was in High School, it was $0.99/gal


When I was in high school it was under $2

Now I am in college, and it is just about $4.

This sucks.



EDIT: Hah I just checked gas prices for while I was in high school. Found a news story that says. "Gas hits record high. $1.73 a gallon"
I want to cry.


Edited by jmac3 - 18 May 2008 at 9:01pm
Que pasa?


Back to Top
Akhmed View Drop Down
Member
Member

(Akhmed is not his real name)

Joined: 13 May 2008
Location: Iraq
Status: Offline
Points: 272
Post Options Post Options   Thanks (0) Thanks(0)   Quote Akhmed Quote  Post ReplyReply Direct Link To This Post Posted: 18 May 2008 at 9:26pm

Originally posted by paintball437085 paintball437085 wrote:

mabby when they drill like crazy gas will be one $1.50 again. (good ol days

I think you have that backwards.  As has been pointed out, they are drilling because of the high oil prices, which makes more wells economical.

If/when oil prices drop, these wells will once again be out of the money, and will be shut down again.

"Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience. "
Most awesome site EVAR!
Back to Top
thebuickguy View Drop Down
Member
Member
Avatar

Joined: 12 October 2006
Status: Offline
Points: 169
Post Options Post Options   Thanks (0) Thanks(0)   Quote thebuickguy Quote  Post ReplyReply Direct Link To This Post Posted: 19 May 2008 at 12:35am
Originally posted by Ken Majors Ken Majors wrote:

I live in Seneca County.

Little town of Bloomville.

It isn't the end of the world, but you can see it from here.


i think i ve been through there before
Tippmann A-5 SAW stock E grip
J&J Ceramic APEX tip
Spyder AMG J&J Ceramic
Tippmann 68 Carbine J&J Ceramic APEX tip
Tippmann Prolite
Back to Top
FlimFlam View Drop Down
Platinum Member
Platinum Member
Avatar
I hate to do this in public

Joined: 09 December 2002
Location: Senegal
Status: Offline
Points: 3930
Post Options Post Options   Thanks (0) Thanks(0)   Quote FlimFlam Quote  Post ReplyReply Direct Link To This Post Posted: 19 May 2008 at 9:36am

Originally posted by WGP guy2 WGP guy2 wrote:

What type of helos do you guys fly, a Eurocopter of some sort I would assume?  What is your job?  All the air ambulance people I've seen are damn good at what they do.

I believe they fly Dauphins, though I'm not sure which model.  Mr. Majors is a flight nurse, and a damn fine one at that.  No amateur hour in the Life-Flight business...  I only answer for him because it'll be two weeks before he's got a chance to get back here

Where the hell ya been Kenny?!?

Originally posted by thebuickguy thebuickguy wrote:

Originally posted by Ken Majors Ken Majors wrote:

I live in Seneca County.

Little town of Bloomville.

It isn't the end of the world, but you can see it from here.


i think i ve been through there before

If you blinked, you missed it...


Back to Top
MT. Vigilante View Drop Down
Gold Member
Gold Member
Avatar
Captain America

Joined: 01 February 2005
Location: United States
Status: Offline
Points: 1454
Post Options Post Options   Thanks (0) Thanks(0)   Quote MT. Vigilante Quote  Post ReplyReply Direct Link To This Post Posted: 19 May 2008 at 12:22pm

Originally posted by stick_boy_2002 stick_boy_2002 wrote:

Originally posted by Ken Majors Ken Majors wrote:

I live in Seneca County.

Little town of Bloomville.

It isn't the end of the world, but you can see it from here.


i always thought bloomville was the end of the world.

You havent seen the end of the world untill you live in Fort Peck Montana.

Join the XP Re-Revolution!
Back to Top
WGP guy2 View Drop Down
Platinum Member
Platinum Member
Avatar
I play the Bag Pipes

Joined: 23 September 2005
Location: 17h 45m 40.04s
Status: Offline
Points: 2585
Post Options Post Options   Thanks (0) Thanks(0)   Quote WGP guy2 Quote  Post ReplyReply Direct Link To This Post Posted: 19 May 2008 at 12:44pm
Originally posted by WGP guy2 WGP guy2 wrote:


Originally posted by GI JOES SON GI JOES SON wrote:

we could really use some sort of air powered car right about now...


I know of a type of car that runs on 93% air.


No one bit...  internal combustion engines running on gasoline use 93% air ideally.
Back to Top
 Post Reply Post Reply Page  12>
  Share Topic   

Forum Jump Forum Permissions View Drop Down

Forum Software by Web Wiz Forums® version 12.04
Copyright ©2001-2021 Web Wiz Ltd.

This page was generated in 0.641 seconds.