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Thread: Energy Independence 101 even more questions than asked

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    Energy Independence 101 even more questions than asked

    Somehow we are in a "ENERGY" BOOM...

    Permian Basin West Texas has the Most "productive" Wells in America...

    Gulf Coast Texas and Louisiana are the entire "WORLDS" refinery and petrochemichal complex

    Yet West Texas "current" BOOM is EXPORTS.

    Despite a vast Gulf Coast Infrastructure its not MADE for it..

    We "Export" ours Overseas and "IMPORT" what Gulf Coast can "process"..
    ..

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    We are even building New Pipelines and TERMINALS from Brownsville who "didnt" Object..

    Corpus Christi to Houston to "Ship" OIL out Overseas...

    Then "IMPORT" foreign oils for "processing"

    Again Gulf Coast infrastructure is "outdated" and not Set Up for this stuff..

    Nonetheless if we got SO MUCH why not "incentivize" UPGRADES to Handle It..
    Last edited by Karl; 04-08-2019 at 10:46 PM.
    ..

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    gulf of mexico wells are far more prolific than west TEXAS better wells. production wells are 14 to 35 million dollars throughout the world. producing from 2400 - 8000 bopd. steady.
    exploration wells like the permian wells are four million dollar afairs. as seen by their production IP30 day ave being 2,200boepd, and dropping by 75% at day 365.

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    the most prolific wells on land are in nigeria and azerbijan. 7,000-8,000 steady producers which cost 14 mill each and two million for workovers.

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    Then you have liquid natural gas for exporting - hopefully more European ports will build the facilities to import LNG in massive amounts.

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