$200 oil?

[CDDP]

 

[America 1st]

Bruh I’ve already told the wife we are buying a couple thousand shares of XOM when the Dims tank everything by not lifting the debt ceiling ().

 

[Hoppo]

A good sign that you’re about to see a crash in prices is when you start seeing media reports about prices reaching some absurd level.

 

[Jtrain80]

I wish you guys could see the smile on my face reading this.

 

[Jtrain80]

I am sitting at my desk/station when I took this picture 30 seconds ago.

How about the red, white, and blue well heads?

 

[ChicagoFats]

View attachment 51780

I am sitting at my desk/station when I took this picture 30 seconds ago.

How about the red, white, and blue well heads?

Damn, thats a lot of equipment. So many questions. Is that a single well? How many barrells per day does that produce? Heavy crude?

I know nothing so explain it to me like im 5.

 

[Landjeff]

I wish you guys could see the smile on my face reading this.

Same here… The last five years haven’t been great for me. The last one almost took me completely out.

 

[Jtrain80]

Damn, thats a lot of equipment. So many questions. Is that a single well? How many barrells per day does that produce? Heavy crude?

I know nothing so explain it to me like im 5.

Sorry got busy right after you posted this.


This is 3 wells. There are a total of 11 on this pad. (~5 acres surface area) I am not sure how much it produces, but each well cost ~4 mil to drill/complete/get online. Obviously they making money since they are drilling this place like a pin cushion.

Here is another picture I took of the tank farm. Quite impressive in person.

 

[ChicagoFats]

Sorry got busy right after you posted this.


This is 3 wells. There are a total of 11 on this pad. (~5 acres surface area) I am not sure how much it produces, but each well cost ~4 mil to drill/complete/get online. Obviously they making money since they are drilling this place like a pin cushion.

Here is another picture I took of the tank farm. Quite impressive in person.

View attachment 51993

How many people work at a site like that once its operational?

 

[Jtrain80]

How many people work at a site like that once its operational?

It is fully automated. 1 guy can check on several of them daily, just to make sure everything is reading the correct levels.

**if the pipelines are in place and operational. Otherwise truckers will have to haul off all the water and oil.