Question Hi, many thanks indeed for taking the question.
My question relates to purely vertical drilling please.
If a company is drilling on their acreage (with 100% working interests) and where there's definitely oil, is it possible for another company to tap into/extract from that basin/vein even though they're drilling say 2 acres away?
Answer This question has been presented, discussed and debated in many courtrooms over the decades. The answer is, probably so, but we're not sure! It is very difficult (and expensive) to prove where oil is coming from under the ground. If the permeability of the reservoir is high enough then this could be possible. Also, a petrophysicist or geologist could probably evaluate the rock and reservoir properties and give you a more definitive answer. If hydraulic fracturing is involved then the likelihood would be increased.
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, LWD tools and Coiled Tubing operations. Limited knowledge of mineral rights and/or royalties.
Seventeen 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, ICoTA
Publications SPE Drilling and Completion Magazine, World Oil, Harts E&P.
Education/Credentials Bachelor of Science in Electrical Engineering, UL Lafayette 1995. Strategic MBA, University of Houston-Victoria 2010
Past/Present Clients Major and Independent Oil and Gas Companies.