Oil/Gas Drilling in City Limits

[nathanm]

Million dollars ante to play in the poker game to be mayor.   Who are the other players?  Does only one man walk away with the pot?             

Nothing but respect for tying it all together there at the end.

[Conan71]

Yes; they installed a mist extractor to pass the natural gas through and it collected "drip gas" which was of a higher octane than the premium gas sold today.  It could be mixed with crude oil for a super fuel. It is part of the royalties paid to the mineral rights holder and is sold to the refineries as a part of production.  Some of the drip gas is collected also from the natural gas production which also appears in increasing the BTU in a each thousand CF.  To reduce this local gas companies have developed a new word that describes the mixing of air with the natural gas thus the gas meter includes this fixed BTU which contains both gas and air paid for at the prevailing gas rates.  Residents become contributors for new ball parks. 

The standard calculation of "treated" natural gas is 1 mm BTU per 1000 cf.

My grandfather used to say that drip gas would make a model T climb a tree.

[FOTD]

It is one of these stories on "that is the way we have always done it in Tulsa.  It started when the Oil Barons had an ordinance passed prohibiting drilling in the small city, given to the Indians as long as the wind blows and the water flows, to protect their interest and ended up paying an entrance fee of a million dollars to run for mayor.

The discovery of oil brought with it an useless by-product created by the cycle of life in the rapid disposing of organisms by nature which we call natural gas.  By common reasoning this gas contained the proper element of reproduction needed for fertilizer .  Also it could be produced back in a solid, remaining in a unstable product which become an explosive. Today there is an abundance of it and mineral right holders are paid on the amount that is put in the pipe line.  One month the check can be in thousands of dollars and the next month less than a hundred dollars.  Natural gas farming could be a simple process by using the garbage we are throwing away.

China with estimated 2.4 trillion dollars in negotiable US treasure bonds, the mid-east displeased with our actions, they are selling their oil to China for currency the dollar has been exchanged for, and China is building up a stockpile of oil although they may have areas that could have proven reserves.  Being a communism state and not fond of us could destroy our financial world standing.  "Made in China is liken the sword hanging by a hair over the house of David."

We are loosing the auto industries but the blow would be to loose the race for gasoline.  Tulsa, in the 104 years of annexing had taken land areas on which hundreds of wells have been drilled but because of the production would not sustain the low price of oil, were capped and buildings built over them.  With the dollar deprecating against other foreign currency will increase the importing of oil to where it could reach as much as $500 dollars a barrel or more which would make the capped wells, that produced 3 barrels a day, a $1500 day producer.  The retail market for gasoline could go in excess of a $100 dollars a gallon for those who could pay it.

Million dollars ante to play in the poker game to be mayor.   Who are the other players?  Does only one man walk away with the pot?             

Sorry you are frustrated with the inconsistency of your payout cash flow.
Maybe in 100 years the city should consider this when oil is $50 $5000 a barrel ...if there is a city, a country, an earth. You sound like whining. Your subliminal sh!t is borderline creepy.

How do you go about insuring against "no harm" and "no damages?" This idea is terrible. Worse, it's only lawyers who will really make off well.

How do you get to who owns what interest? Once you do and if you do, good luck finding the heirs. Unless oil companies earning interest on other people's rights and "escrowed" monies are slippery enough to scrape off that "unclaimed" cash without getting caught. A good portion of the industry gets away with this tactic unless a royalty owner knows what goes on and watches their interests with a warranted eye and a firm hand.

And Steve, why are you complaining about jobs created in the liquor, real estate, and in licensing which provide a decent tax base?

[shadows]

The standard calculation of "treated" natural gas is 1 mm BTU per 1000 cf.

My grandfather used to say that drip gas would make a model T climb a tree.

Have you noticed that the heated air from the furnace has been increasing throughout the day.  Possibly the compressors have been shut down.  The natural gas was of little use because of it instability and was burned off in flairs but claiming and handling drip gas was a source of many thefts.  The hand cranking motel T, when primed with it, was like using either starter fluid today.   Drip gas collecting stations had the same status in the great depression as the whiskey stills by the federal revenuers.

FOID: The drilling within the now city limits was minor as the Glenpool strike, where the Indian royalties were exchange in the number of bottle of whiskey and the Barons reaped from its profits to built the city of Tulsa because they did not want the smell around their castles.

Many of the independent economist of today keep telling us that we are overlooking the powers of China, with its age old resources are becoming the world trade power.  If they controlled the oil market along with the increasing ownership of auto's and manipulating the foreign value of the dollar it suggest that one could not get enough $100 dollar bills in a wheelbarrow to buy a gallon of milk.  The cheapest way out is return to printing the $1000 dollar bills which cost the same as printing a $1 dollar bill.

As we frolic among the tulips be sure we don't step on one.

       

[FOTD]

Have you noticed that the heated air from the furnace has been increasing throughout the day.  Possibly the compressors have been shut down.  The natural gas was of little use because of it instability and was burned off in flairs but claiming and handling drip gas was a source of many thefts.  The hand cranking motel T, when primed with it, was like using either starter fluid today.   Drip gas collecting stations had the same status in the great depression as the whiskey stills by the federal revenuers.

FOID: The drilling within the now city limits was minor as the Glenpool strike, where the Indian royalties were exchange in the number of bottle of whiskey and the Barons reaped from its profits to built the city of Tulsa because they did not want the smell around their castles.

Many of the independent economist of today keep telling us that we are overlooking the powers of China, with its age old resources are becoming the world trade power.  If they controlled the oil market along with the increasing ownership of auto's and manipulating the foreign value of the dollar it suggest that one could not get enough $100 dollar bills in a wheelbarrow to buy a gallon of milk.  The cheapest way out is return to printing the $1000 dollar bills which cost the same as printing a $1 dollar bill.

As we frolic among the tulips be sure we don't step on one.

       

you need to share whatever you're taking with those of us happily trapped at home! .....

Answer my questions and quit with the weird posts....that's my bailiwick.

[Conan71]

I love it, FOTD has found a poster that creeps HIM out. 

[heironymouspasparagus]

Drip gas (gasoline) occurs as a kind of localized distillation, at the wellhead.  Basically just unleaded gas (C6, C7, C8, etc), depending on temp/humidity conditions.  My grandfather said the same thing about Model T climbing the tree.  Maybe we are related?

Natural gas is typically lower number, C1,C2,C3, etc. and stays as gas unless under very high pressure/low temperature.

[heironymouspasparagus]

Oh, yeah...question about drilling in city limits.

Just exactly the kind of ignorant thing we have come to expect from so many of the city office holders.

A lot like Inhofe working behind the scenes to move people back into houses in Picher, OK.

[FOTD]

I love it, FOTD has found a poster that creeps HIM out. 

Ha! This thread is creepy and has far too many insiders rooting for misery....

Barnett Shale shows high benzene levels
Texas regulators plan to increase gas field testing.

http://www.tulsaworld.com/business/article.aspx?subjectid=49&articleid=20100128_49_E3_Worker267170

FORT WORTH — Air testing over one of the nation's biggest natural gas fields revealed two sites with extremely high levels of cancer-causing benzene, Texas environmental regulators said Wednesday.

Call it off city hall....now.

[DanoDan]

Drilling for oil and gas within city limits is nothing new in other cities in Oklahoma, such as Stillwater.  OSU and the City of Stillwater benefit from the mineral rights.  And the working oil wells don't make much noise.

[heironymouspasparagus]

Submersible electric motors and pumps work well and are extremely efficient and quiet, but need a "bigger" well.  Rocker pumps are a hazard out in the country, let alone in the city.

There was a kid killed near OKC last year playing on the pump.  Slipped, got stuck and crushed.  Evolution in action.

Very sad for the whole family!

[Conan71]

Submersible electric motors and pumps work well and are extremely efficient and quiet, but need a "bigger" well.  Rocker pumps are a hazard out in the country, let alone in the city.

There was a kid killed near OKC last year playing on the pump.  Slipped, got stuck and crushed.  Evolution in action.

Very sad for the whole family!

Another drowning in the gene pool...

[heironymouspasparagus]

The shallow end...

[SXSW]

Submersible electric motors and pumps work well and are extremely efficient and quiet, but need a "bigger" well.  Rocker pumps are a hazard out in the country, let alone in the city.

There was a kid killed near OKC last year playing on the pump.  Slipped, got stuck and crushed.  Evolution in action.

Very sad for the whole family!

He actually (very luckily) survived but lost his entire arm.  But, yes, very stupid.  Did he not see the OERB "grounded for life" commercials warning kids to stay off oilfield equipment?

[Gaspar]

He actually (very luckily) survived but lost his entire arm.  But, yes, very stupid.  Did he not see the OERB "grounded for life" commercials warning kids to stay off oilfield equipment?

I bet he won't do that again. . . but then again, you never know.