Good luck
Announcement
Collapse
No announcement yet.
Drilling for water and hitting oil
Collapse
X
-
Are there any wells nearby. Your contractor should have had some offsets from previous water wells in the area or any well for that matter. More than likely there is. There may have been a fracture created while drilling especially if you lost circulation.
If there is an oil well nearby they probably experienced the same thing and more than likely had to squeeze cement while setting casing. That would be about casing depth for surface. In alot of areas. You can squeeze and trap some hydro carbon in these voids. Although this is extremely shallow, it is possible that hydro carbons could have collected in this area while drilling the next section considering the weaker formation until the next string of casing was run and stayed trapped.
But who knows. I was on a deer lease in Hebbronville with a 420' water well. When ever you got a bucket of water from it you could see lots of black specks of oil floating at the surface. But that place had three oil wells on that section and it was only 150 acres.Last edited by Muddy Bud; 06-28-2017, 08:27 PM.
Comment
-
Originally posted by hunterbabe View PostI have a professional licensed driller that is doing the work, and he is notifying the proper people. No unfortunately no mineral rights came with the property. I own 372 acres of undeveloped property, and wanted a well close to the center to for my livestock.
You should attempt to locate the mineral owners and buy some or all of their interest in your 372ac tract. Then if/when you own most or all of the mineral rights it could be in your favor, economically speaking, to market your discovery to an E&P company who can complete a successful oil well in that horizon where you have encountered this hydrocarbon trap.
Of course this idea comes with about 10 caveats... but it's a possibility for you to make some residual income.
Comment
Comment