[Tanada]

Does anyone have good numbers for how much oil each state has pumped since 1970? What I am looking for is the coorlation between price and ammount, so many of the small wells just shut down when prices are low, then come back on when prices rise. There should be a clear relationship that could be looked at and even graphed but i am not having any luck finding solid numbers.

[tdrive]

Save your time and do something else more usefull.
These field data cost a lot of money and unless you will make more
money from it to recover the cost, you better move on.

Cheers,

[Tanada]

A) I didn't ask for industry feild data, I asked for a reliable open source.
B) Its my time I will waste it in any manner I please. Everyone needs at least a hobby and PO is just one of my many.

I did find government published data on the web, the problem is it was released in 1997 and gives 1996 stats alone, with no data on other years. If I could look at government stats for 2003 or 2004 with the same indices I could play out how demand drives production in what is a very organic market i.e. stripper well production.

[Shiraz]

http://www.hubbertpeak.com/us/api/US_oilstates_API.xls

All US states 1859-1998.

If you want to 'waste your time any way you please', may I suggest googling:

filetype:xls site:hubbertpeak.com
filetype:xls site:oilcrisis.com

and also maybe

filetype:pdf site:peakoil.net

[Tanada]

Thank you for the great links, it is much appreciated.

[tdrive]

Its my time I will waste it in any manner I please. Everyone needs at least a hobby and PO is just one of my many.

OK, apologies. Here is a free advise then, the data does not make
much sence as the price was driven by the OPEC
which distorted the production/price relation. Also, during 70's the
prices were seriosly distorted by the oil embargo and Yum Kippur war.
Also, for what you need, in order to get the relation, you still need
field by field data, which those free sources do not have. The production
by state after 1970 is meaningless anyway since all states pumped flat out
regardless of the price due to depletion, you cannot det any correlation,
because there isn't any, and on top of that there is the added complexity
of enhanced recovery and changes in technology.

I am just trying to save you time. If you need learning experience,
go to college.

Am I a killjoy?

Cheers,

[Shiraz]

I cant dispute what you say tdrive, but no doubt 'bout it, you definitely are a killjoy

[Tanada]

Its my time I will waste it in any manner I please. Everyone needs at least a hobby and PO is just one of my many.

OK, apologies. Here is a free advise then, the data does not make
much sence as the price was driven by the OPEC
which distorted the production/price relation. Also, during 70's the
prices were seriosly distorted by the oil embargo and Yum Kippur war.
Also, for what you need, in order to get the relation, you still need
field by field data, which those free sources do not have. The production
by state after 1970 is meaningless anyway since all states pumped flat out
regardless of the price due to depletion, you cannot det any correlation,
because there isn't any, and on top of that there is the added complexity
of enhanced recovery and changes in technology.

I am just trying to save you time. If you need learning experience,
go to college.

Am I a killjoy?

Cheers,

Apology accepted with thanks. Been to college 20 years ago, still the same stubborn me because I refused to buy into all the PC crud.

I think we are talking at cross purposes here, you are talking about OPEC being in the driver seat of price as if that is all that matters, but it is only one factor in my opinion.
When a state is pumping flat out because of high price that is one thing, however when the price crashes it takes the economic incentive away from the small scale producers.
When the price of a barrel of crude falls to $15.00 and you have a stripper well producing 5/bbl/d it will probably be more economically effective for your company to seal that well and scrap out the tanks, pumping structure and support equipment that produce from that well.
On the other hand if the price is $45.00/bbl you have three times the economic incentive to keep that well pumping. At different times over the last 25 years or so I have read blurbs in different places about stripper well price supports, to prevent low production wells from being sealed. These would have taken the form of a floor for stripper wells only so that the price of the oil they pumped was never low enough to encourage their being sealed. I once read that simply by setting a floor of $25.00 which was about the OPEC floor, you would have prevented the closure of thousands of low production rate stripper wells in the 1995-2003 time frame.

I am looking for stripper well production figures by state to test this hypothesis, mostly for my own self entertainment.

[tdrive]

Try these

http://www.iogcc.oklaosf.state.ok.us/PD ... rg_O&G.pdf

http://www.kgs.ku.edu/PRS/publication/o ... uction.pdf

http://www.kgs.ku.edu/PRS/publication/2000/ofr2000-16/

http://www.neo.state.ne.us/statshtml/45b.html

http://wst023.west.wmich.edu/Prod.asp

http://www.ogb.state.al.us/HTMLS/wp_field.htm
http://www.ogb.state.al.us/HTMLS/dbwellprd.htm

http://www.state.ak.us/local/akpages/AD ... oAvail.htm

http://www.whitestar.com/national_well_data.htm

http://hercules.kgs.ku.edu/kgs/oilgas/p ... ertest.cfm

http://www.ogb.state.al.us/HTMLS/dbwellprd.htm

although these are not very helpful. For better data I suggest
going to the library.

Cheers,

[Frontierenergy1]

You may be interested in an article that was in the Denver Post today:

http://www.denverpost.com/opinion/ci_2833924

A retired oilmans opinion on those old stripper wells.

Some of the indepents are doing "re entry" work on old wells, where you set a whipstock, mill a window and then renter the well horizontally. This can significantly increase the production, although it is not cheap and assuming the casing is

I heard of some fellows in Wyoming that bought a 40 stripper well oilfield for $5000 in 1998 that were producing about 1 to 2 barrels a day each. Since these guy s were workover hands - they did a do it yourself workover job and boosted production to 10 barrels as day. Which even at $25 a bbl was not a bad return on investment. Oil had dropped to $8 a bbl when they bought it and the electrical cost to run the pumpjacks was barely paid by the production. They didnt have enough wellhead gas to run pumpjacks that added to the production cost.

There will be opportunities for going back in those old wells.

[pea-jay]

I think you may be looking for an example like this:

DEER CREEK FIELD PRODUCTION

These records are kept online (at least for the state of California) back to the 1970s and can be easily querried. If you click on the above link you will see the production totals for an oil field not too far from me. Deer Creek is a heavier oil deposit that has clearly past its point of peak oil production (third quarter of 1983). From there you will note a steady decline in production until 1994 when it picked up for a period of around three years until the Asian Financial Crisis kicked the slats out from underneath oil prices. Production here dropped precipitously as well owners shut off their pumps (this being lower quality, more viscous oil, production is not too cheap) and held off until prices rose.

When the prices turned upwards again, so did production. Then it gets interesting. As prices started their march upward more steeply in 2000 and 2001 well owners began steam injecting on a large scale. That contributed to a rise in overall production. Yet in 2002 production slipped slightly (again coincident with the 2002 Russian Oil over production event) before rising.

It does appear that the injection led increases have begun to play out, with the field once again declining. This decline is in all liklihood, terminal, as prices have risen sky high and yet production is falling. Geologically this region is largely played out in anycase and won't come as a real shock to anyone.

This field I think shows a good correlation between global commodity prices and oil production in certain circumstances, while clearly depicting geologically driven movements as well.

If you want to querry other CA fields click here: http://opi.consrv.ca.gov/opi/opi.dll

Generic CA data here:
http://www.consrv.ca.gov/DOG/index.htm