AboutDavid Traugott Expertise I can answer questions related to the technical issues associated with the drilling and completing of oil and gas wells; very familiar with the cementing process and LWD tools. Limited knowledge of mineral rights and/or royalties.
Experience Twelve years working as an engineer in the industry both in the field and in the office. Field locations include offshore, land, and overseas. Office locations include Lafayette, LA and Houston, TX.
Organizations SPE, AADE, IADC, API, IEEE
Publications SPE Drilling and Completion Magazine
Education/Credentials -Bachelor of Science in Electrical Engineering, 1995
-Currently working on MBA, 2010 (anticipated)
Past/Present Clients Major and Independent Oil and Gas Companies.
Question I own mineral rights in Dunn County. My question is when a area is deemed as a "Dry Hole" Does that pretty much mean that there never will be any drilling?
Answer If only one dry hole has been encountered then this is not necessarily true; sometimes you can move over only a short distance and make a well. However, if multiple dry holes are drilled in an area, then that is a sign that there is a very small chance that hydrocarbons are present in that area, and future drilling in the area is unlikely.
