Comment

Comment by Joseph-Ohio on March 21, 2013 at 4:36pm

I like everyone else don't have a clue what's better - High GOR or Low GOR.

It could depend on what you're selling and when you're selling it (if you're a E & P Company selling it's recovered resources).

Either sounds good to me.

Comment by Joseph-Ohio on March 21, 2013 at 4:32pm

Found a reference on line that classified a producing well was classified as a Gas Well or as an Oil Well based on the following criteria:

"If a well produces from one (1) to fifteen thousand (15,000) cubic feet of gas to each barrel of oil, the well classification is an oil well. If the gas production exceeds fifteen thousand (15,000) cubic feet to one (1) barrel of oil, the classification is a gas well."

From what I gather the above was an Oklahoma State classification standard circa 2009.

I thought it interesting enough to post.

Don't know how it relates to the "Low GOR" or "High GOR" terms used on the map your earlier post includes (Berk).

 

 

 

Comment by Berk on March 21, 2013 at 2:25pm

Jim,

I really think with all of the wells drilled and waiting to be drilled this year we will start to know what's really down below our feet.

Comment by jim hall on March 21, 2013 at 2:16pm

Berk, i also noticed on the map(your recent link) on pg 21 that we are about half way between Halcon's Pilgrim Well and Staab Well...interesting

Comment by jim hall on March 21, 2013 at 2:12pm

Berk, don't know the answer to the last question. I do remember someone saying there has to be gas to bring oil out of formation

Comment by Berk on March 21, 2013 at 1:58pm

I found out what GOR stands for-Gas/Oil/Ratio. So if we are in a High GOR area is that better than a Low GOR area? I would think so, but I'm just guessing. 

Comment by Berk on March 21, 2013 at 1:51pm

So is this a good thing for our area or an invisible item just passing gas through us.LOL 

Comment by r.l. stein on March 21, 2013 at 1:49pm

williams are a transport and storage of oil and gas thay charge fees on the transportation and storage of oil and gas

Comment by Berk on March 21, 2013 at 1:48pm

Jim,

how do you like the new term GOR OIL, some well paid HALCON employee probably came up with this sitting on the toilet the morning he created the slide. It amazes me that the oil/gas companies don't even have defined terms for what they are searching for.   

Comment by jim hall on March 21, 2013 at 1:43pm

Berk, Looks like we are on the border of HIGH GOR OIL and WET GAS. Let's hope they want both 

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