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Oil Field Engines & Related Equipment

Bessemer? Not sure on this one, guys.

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Old 01-15-2018, 08:18:12 PM
Andrew Mackey Andrew Mackey is offline
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Exclamation Re: Bessemer? Not sure on this one, guys.

To answer your question Grape - yes there is some oil still down there, in most of the wells. The problem is the actual pumps probably are obsolete, and the new ones are expensive. Although there may be oil, the big question is: is it worth it to to install a new engine and pump, and will it make a profit. Many old wells will only produce so much a day. The cost of using and maintaining a new set up may not be worth it. Many of the old wells had waxing problems. If put back into use, an old well would need to be cleaned out, possibly drilled deeper and or be 'shot' - a way to crack rock around the bore deep in the well. Another problem is that the government has bought up old leases and had the pumps removed. Now the land remains vacant and unused. oil contamination they say, but often back when the well was drilled, the oil was coming out of the ground on its own! Another issue is natural gas venting from the old wells. not enough to sell to the gas companies but enough to run an engine. Plenty of gas down there, not enough interest of profit to capture and use, unless you have a home nearby.

Some wells are abandoned due to the lack of oil prices and profit. Some are lost due to equipment failure and the inability to replace it. Some are just forgotten as new owners simply have no idea what is out there, or just don't care. Some are just lost to time. Many are bought up by oil lease companies and are shut down in an attempt to drive up oil prices (lack of raw product). The far east has pretty well fixed that problem though. If ol prices go up, some of the old wells may go back into production, with new pumps and modern engines..
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Old 01-15-2018, 08:57:05 PM
OilfieldTrash OilfieldTrash is offline
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Default Re: Bessemer? Not sure on this one, guys.

These wells will have either cup and ring or Mcgregor style pumps, which while not very modern are still easily rebuilt and perfectly adequate at these depths. Most of this field fell into neglect as the old derricks came down or in some cases the wells simply broke and weren't worth fixing at the oil prices of the time. The way to look at a field like the one I'm working on is to look at the field as a whole. Every well you fix or simply open up benefits the field as a whole, like pieces of a puzzle.
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