Most people do not understand the difference between conventional drilling and producing oil with fracking. Here is our drawing that will help you understand the large difference.
We are no longer searching for oil..and gas. We know where it is, in shale in 34 states.. The new development is that Fracking Technology allows you to release the oil and gas from shale. It takes about one well per 55 acres to frack farm and harvest normal production. (usually 50 to 1,000 barrels per day per well. Some areas primarily gas or primarily oil. Nearly all oil wells also have some gas production.
Amount of production declines over time with a ten to twenty year expectancy. Here is what frack farming involves.
This is example of initial test well :
Expanding One Well To Twelve Wells from Two Wellheads Half Mile Apart, Same Square Mile Lease.
Test drillings showed some areas such as the Marcellus shale in Pennsylvania, Ohio, New York, have a second layer of Shale called the Utica Shale. It is more productive then the Marcellus shale. Here is drawing of how you farm two layers of shale from the same 2 well heads.
New discoveries such as a second layer of even more productive shale are happening and new developments and experiments of what works are improving out put from frack wells about 10% a year.
For example how far apart should the frack pipes be to harvest the most?
In this two layer example, the top shale may be 80 foot thick and the bottom one here for example could be 600 feet thick
Do you frack the top half or top 300 feet initially and them come back later and do the bottom half with new drilling?
This is like farming a new crop, you learn and improve best operating procedure.
Horizontal frack farming is new but fracking vertical wells is 60 years old.Vertical Fracking was limited to the thickness of the shale layer, top to bottom, in this case 600 feet thick or just 80 foot in our top one, example.
Horizontal fracking wells are now as much as 7,000 feet, releasing ten to twenty times what was feasable with vertical fracking.
We hope this helps you to understandthat drilling and fracking oil is entirely different then the old lucking out and finding a pool of oil. This system you are more like farming or mining oil, you have to work your field to harvest it.
We hope this also helps you to understand why that fracking wells are two and three times as expensive as conventional drilling and that it puts a lot more people to work at high paying jobs.