May 2000
Supplement
00-05_ptd_alternative-fox_T1.htm (May-2000)
A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.
Table 1. Composite results of alternative artificial lift system | ||||||||
Well | Time system has been installed, months | Production bopd/bwpd |
Reduction in power cost, $/month | Reduction in operating cost, $/month | General comments | |||
Before | After | |||||||
Keefer 8 Bartlesville & Peru sands |
9 | 0/80 | 6.0/3.0 | 65 | 700 | Unprofitable water well converted to profitable producer | ||
Ogelsby 1 Peru sand |
9 | 0.5/3.0 | 2.7/trace | 60 | 0 | Essentially eliminated water hauling costs and increased oil production | ||
Comstock 1 (Tyler A) Wayside sand |
4 | 3.5/trace | 3.5/trace | 60 | 1,000 | Unit has operated trouble-free with no well service costs | ||
Commonwealth lease |
4 | Mar-70 | 7/trace | 40 | 500 | Essentially eliminated water production, converting two unprofitable wells to profitable producers | ||
Two Bartlesville completions | 4 | trace/70 | 4/trace | 40 | 500 | |||
Combined results | 7 bopd | 23.2 bopd | 265 | 2,700 | Five profitable wells |