Re: THERE'S OIL IN BRAZIL!!!
There are deep sand oil formations all over the west and southwest. Southern Utah for one. It is just hard to get to. It will be there when needed.
Oil was found in west part of WV flowing out of ground into a stream on fire in early 1800's, east PA also along with southeast Ohio were not far behind. Thus co. named Quaker State and Penzoil.
I know for fact new oil wells are being drilled in those areas again now just going deeper as vain goes well on down. Old wells are being pulled redrilled to clean them out drilled a little deeper sometime or fracked (use of explosives sent down to bottom of hole that when exploded loosens the formation allowing oil to flow more easily to pump). Most of the pumps upgraded and put back in well and pumping as much or more than did before abandoned when there was no longer enough value to keep them running.
If this type of thing interest anyone as far as oil discovery and production in Our Countries early years look up town named Burning Springs,WV I think it is.
If wrong let me know and I will check facts but, fairly sure I got towns name correct.
Anyway USA has alot more oil than talked about if needed and price can justify as they cannot produce as much as Arabian wells per day. The general or occasional jest of letting them use their oil up first while we save OUR oil is not far from the truth. Drilling brand new wells in the areas mentioned was not really much consider until some independents just quietly tested and liked what they saw. They then jumped out there and bought up thousands of acres mineral rights in small oil fields, pockets, or vains and are developing them again as fast as possible. There are only about 1400 drill rigs of various types in USA and they are booked up out to 3 years or more. To buy a new fresh made rig is a 2 year waiting list. It makes no difference all wildcaters are calling in every favor or secret they hold on a drill owner to get holes.
In the 70's crisis my family got into taking old stripper wells in OK and shooting steam into them to make the produce 5 or 10 barrels a day. My family on cousin level branch designed the rig and patented it. There were others of different kinds. Family was one of first to think about trying so they grouped with some other wildcaters to cover cost to build the thing and all benefit from use of them as well as ones they built and sold.
Well just thought I would throw in there some of what little I know about our oil in our country. Numbers mentioned are loose as I do not have my personal references at hand so going by memory.
TAZ
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