Roller cones are fast becoming the defacto in composite plug milling in the shale plays. This type of tool is widely regarded as the standard tool to use in the shale plays to gain extended reach and decrease plug milling times. Vibratory tools have been used for several years to overcome the extended reach issue with CT. The deposit is marine sedimentary rocks composed in part of fossils of marine animals that lived 10 million to 15 million years ago, when Bone Valley was the bottom of a shallow sea. This is the well in which EnCana pumped a million pounds of proppant and 29,000 barrels of frac fluid per stage or more than double the amount of proppant in fluid of any previous well. 200 million of cash on completion of the wells, which will fund additional exploration work. 3 wells, both of which we own a 7% working interest. We like the results that we’re seeing right now because we’ve got such a relatively minor interest and it’s — an EnCana operated well.

We have spud, as Gil said, our Smith 5-29-1 well in Amite County Mississippi, in which we own an 88% working interest. Many of the world’s leading scientists have confirmed that global warming is due to the collection of greenhouse gasses in our atmosphere; the prime culprit being carbon dioxide (CO2). These are some of the options to the challenges of coiled tubing while working in the long horizontal sections now being drilled. Because coiled tubing is inserted into the well while production is ongoing, it is also a cost-effective choice and can be used on high-pressure wells. CNG is used for small and medium sized vehicles as an alternative to gasoline while LNG is used in heavy vehicles using diesel as fuel. Alternative and Advanced Fuels: Propane. 3, was drilled with a 7,400-foot lateral in 42 days, which is well ahead of our drilling days and cost estimate currently for a 7,400-foot lateral. Is it truly a cost issue?

Natural-gas prices have dwindled as supply has outpaced demand, leading big oil and gas companies to dial back on drilling this year. After the Smith, we have 2 additional operated wells planned through the end of the year. As we stated in our release, our operated Crosby well continues to produce above our 800,000 BOE-type curve with cumulative production of approximately 75,000 barrels equivalent at 91% oil over a 3-month period. As a comparison, the Crosby well reached peak rate in about 7 days and was producing, at that time, approximately 2/3 of oil and 1/3 frac fluid. 2 producing for approximately 2 weeks with a 24-hour peak rate to date of 730 barrels equivalent per day, with 4% of the frac fluid recovered at a production mix of 2/3 frac fluid, 1/3 oil. The Amazon rain forest is being exploited by deforestation due to increased soybean production for food and oil.

A move by the EIB to boost support for renewables would reinforce the Green Deal being pushed by Ursula von der Leyen, the incoming president of the European Commission. The federal, state and tribal legislation is being implemented every three months in the petroleum and gas industries. The energy downturn has challenged energy, oil, and gas companies to fundamentally reshape the environment in which they operate. Use of friction reducers is the simplest method because it is an additive to the mud system and utilized “as needed.” Most mud companies will provide personnel, and chemicals for coil tubing drillout operations. Top companies like Kaiser Permanente, TouchStar Telecommunications, Energy Central, Precision Recruiting, ADT Security Services, Northrop Gruman, and Lockheed Martin Corporation are also represented in this municipality. Most cases the downhole end is straightened to cover the distance from TD to the top of the build section. One that utilizes a piston to create the pulses (similar to a downhole hammer) and one that uses a patented rotor/stator arrangement driving a valve pack that creates the pressure pulses.