One more question regarding oil

Drilling in the Haynesville shale play, it takes from 45 to 60 days from the time the drill bit begins to the time the natural gas from that well is ready for the pipeline. I know this from experience in my on unit.

I don't know much about drilling for oil or oil shale. I keep hearing commentators say that it takes "years" from the time drilling begins to the time it comes on line.

My question: if all paperwork is in order, permits, ERA, leases signed, rigs ready to punch the hole, exactly how long does it take to drill an oil well to completion, on land, in a known field whether the drilling is for shale oil with fracking or conventional vertical well? Without factoring in potential rig or equipment problems, how long does it take to drill an oil well and do whatever is done to put that oil in the pipeline?

I apologize for all my questions but I do have a reason. I need factual answers from professionals who know the business.

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Permalink Reply by Max on March 26, 2012 at 15:06

Got me on that one essay, I must have been eating ice cream and had a brain freeze when I googled for the info. Another google: The DoD uses 360,000 barrels of oil each day. This amount makes the DoD the single largest oil consumer in the world. There are only 35 countries in the world consuming more oil than DoD. The U.S. Air Force is the largest oil consumer within the DoD services. Less than half of DoD oil consumption occurs in the continental U.S., and the rest is consumed overseas. According to Sharon E. Burke, the Pentagon’s director of operational energy plans and programs, the Defense Logistics Agency delivers more than 170,000 barrels of oil each day to the war theaters, at a cost of $9.6 billion last year. Although energy costs represent less than 2 percent of the DoD budget, indirect costs such as those for transporting fuel to battlefields and distributing it to the end-user add to the total. When the average American is paying $3 per gallon of gasoline, the price can soar to $42 a gallon for military grade jet fuel delivered through aerial refueling. The military is aware of its dependence on energy. Defense Secretary Robert M. Gates identified energy as one of the department’s top 25 transformational priorities, and 2010 Quadrennial Defense Review addressed energy for the first time as a strategic issue. Although the DoD has already become a leader in some areas of renewable energy, it is yet to be seen whether it will be able to increase its energy efficiency and conservation, create viable alternatives and wean itself off oil.

Permalink Reply by LP on March 26, 2012 at 15:12

Very interesting information.

Permalink Reply by essay on March 27, 2012 at 13:54

so using your numbers the d.o.d. burns approx 131.4 million barrels of oil per year, which is a tiny, tiny fraction of the approx 7.3 billion barrels of oil consumed by the united states.  .018%, less than two tenths of one percent.

that doesn't seem correct, i would have assumed it was relatively larger, but there you have it.

Permalink Reply by Max on March 26, 2012 at 15:32

essay,

What is a neomalthusian?  I googled it and all I came up with was a Facebook page labeled "essay".  I enjoyed the pictures anyway though.  There was a bunch with President Obama waving at people and several of Al Gore eating ice cream.  One of the pictures of Al was taken in Houston, he was standing outside the Bechtel building next to the Galleria.  He was leaning on a Chevy Volt and wearing a cowboy hat.  I didn't see no horse, maybe he drove?

Permalink Reply by dbob on March 26, 2012 at 15:46

Was at a presentation this afternoon by Scott Nauman of Exxon Mobile.  Mr. Nauman discussed exxons long term projections of energy sources, and indicated that Exxon's view, through 2040, is that oil remains the transport fuel of choice, and that biofuels make relatively little inroads.  The corporate viewpoint is that the use of NG for pwoer generation will icnrease dramatically, but it will not b e acommon fuel in the passenger vehcile market, and capture marginal share in trucking/transport. 

http://tylerenergy.eventbrite.com/

Permalink Reply by Antiqued Rose on March 27, 2012 at 5:14
I would like to have attended those presentations. Will be looking for future opportunities. Saw the news coverage out of Tyler.

The Tyler news also just reported some heavy city vehicles will run on NG and a NG pump will be available for the public.

Based on what I've read on GHS, I can see it can reasonably take some years for biofuels to be more viable and available. But it seems the effort is in motion.
Permalink Reply by essay on March 27, 2012 at 13:43

don't tell me you don't know who thomas malthus was, his theories figure largely in many modern agendas, peak oil, global warming, etc

Permalink Reply by Max on March 28, 2012 at 2:18

Yes, essay, right again.  I was just poking you with my stick.   

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