Oilfield Layoffs

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Oklahomabassin

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we don't own the water under our land in Oklahoma. the state owns it and we are permitted to use it. if you have a commercial water permit or agriculture permit for that matter the state can reduce or take away your permit to use the water.

Apparently if you have a permit and a good well, you can sell the hell out of water to a municipality, who is in a bind for water.
 

dennishoddy

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Is there anything you dont have thats bigger and better? lmao. 600 GPM well? Well Maybe.
You should research it and study the history of water in the last 30 years. If you dont see whats going on then you may be Fing blind or a Fing idiot.

I believe he said 600 gallon per hour..or 10 gallon per minute...

Clay, you obviously have some reading comprehension issues. I'd strongly suggest that you keep the personal attacks to yourself and off the forum.
 

Mr.357Sig

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Got laid off from my contractor job at ConocoPhillips in Bartlesville on Friday - the 13th, of course. My brother and SIL both got laid off from their separate contractor projects in Texas over the holidays.

It's all cyclical. Oil will come back.


Sent from my iPhone using Tapatalk
 

1krr

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Wind is not a solution. When the wind doesn't blow you get no power. Hydro units only work when there is enough water.

Better said that wind is not the "only" solution. You can't replace coal and gas fired generation with wind but you could with wind/solar/nuclear. Hell nuclear alone could replace fossil fuel generation many times over.

If the gov subsidies ended today, the wind power companies would walk away from their projects, and wind farms would be sold for scrap iron.

That's a popular oil/gas propaganda tag line but the problem is that it's industry BS. The truth is that oil and gas industry takes in 4 times the subsidies ($550 billion vs $120 billion toward renewables). This despite record profits and paying some of the lowest percapita taxes in all industries. If they paid the percentage that a mom and pop electronics shop pays, those rigs would be rusting piles of iron

http://www.bloomberg.com/news/artic...s-with-550-billion-in-subsidy-hurt-renewables

You have to keep units online to generate a base load. Right now base load coal plants keep the country running.

There isn't a base load factor. There are already diversified generation use cases that pull power from wind and solar farms and use throttle NG plants based on load. It isn't hard.


Ostupids EPA regs are just about going to double your power bills when the coal plants get out of the game.

At the current time Coal plants are scheduling scrubber units that will also almost double your utility bills, as well.

Have you seen the crap coal plants call exhaust? Only people I know arguing against reducing and cleaning coal are the people who don't live down wind of a plant.


YEAH! NG is going to take over energy production!

Look back a few years and see what NG prices did, and what drove those prices.

I don't disagree but if you add nuclear to the mix and diversify your energy sources, any one source spiking in price isn't going to double your costs over night.


It could easily happen again.

Go with total NG for base load, and your screwed with a single source base load.

Trust me, you don't want this...

No I definitely don't. I want to see the energy monopoly broken and producers competing against each other.

EDIT: sorry for the multiquote from hell!
 

dennishoddy

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Better said that wind is not the "only" solution. You can't replace coal and gas fired generation with wind but you could with wind/solar/nuclear. Hell nuclear alone could replace fossil fuel generation many times over.



That's a popular oil/gas propaganda tag line but the problem is that it's industry BS. The truth is that oil and gas industry takes in 4 times the subsidies ($550 billion vs $120 billion toward renewables). This despite record profits and paying some of the lowest percapita taxes in all industries. If they paid the percentage that a mom and pop electronics shop pays, those rigs would be rusting piles of iron

http://www.bloomberg.com/news/artic...s-with-550-billion-in-subsidy-hurt-renewables



There isn't a base load factor. There are already diversified generation use cases that pull power from wind and solar farms and use throttle NG plants based on load. It isn't hard.




Have you seen the crap coal plants call exhaust? Only people I know arguing against reducing and cleaning coal are the people who don't live down wind of a plant.




I don't disagree but if you add nuclear to the mix and diversify your energy sources, any one source spiking in price isn't going to double your costs over night.




No I definitely don't. I want to see the energy monopoly broken and producers competing against each other.

EDIT: sorry for the multiquote from hell!

Nukes would be great, but with current regs relating to waste and NRC restrictions I doubt seriously we will see large scale nuke plants being built.
As a matter of fact, I attended a class at the Perry nuke plant in Cleveland Oh.
They built two identical reactors. The first unit was commissioned and went on line while its twin was under construction.
The second unit was completed, but with some incidents that occurred at that time, and public protest, the second unit was mothballed, and sits to this day unused.

I worked in a coal plant for 16 years, and was EPA certified emissions tester, so I know a little about the industry and how it works.
There is a lot of misleading information out there from both sides regarding wind this or that.
I'm on my phone so I don't have all the resources available at the moment but here is one thing that is a fact, your electric bill is going up over the next couple of years, dramatically.
The new EPA regs, and the lawsuit over regional haze is forcing OG&E to install scrubbers on two coal power plants that supply base load to Oklahoma, parts of Arkansas, and New Mexico.
These will cost BILLIONS of dollars to construct and require just as many people to operate as the power plant itself.
Oklahoma power generation is controlled by the corporation commission. They are the ones that dictate electric prices in Ok.
The cost of building and maintaining scrubbers that basically eat them selves up internally with the chemicals used in the process down the road will have all of that expense added to your electric bill.

Many times I sat in the control room where we have the capability of monitoring every source of power generation in ok. Including wind farms, NG plants, and the hydro plants around the state, watching the wind die resulting in zero power generation from wind.
OMPA controls the hydro plant at Kaw lake. It only runs when there is enough inflow to the lake to justify putting the hydro on line.
Some summers, it may not run for weeks at a time, hence, my comments about needing base load units to maintain the grids requirements, and using backup sources to supplement base load.
My thumb is going numb, that's all for now.
 

1krr

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You typed all that from a phone? God bless you...

I'm worried about hijacking this thread tooooooooo much but would love to continue this converation. I'm curious as an operator, how you feel about distributed generation for solar.
 

Shadowrider

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That's a popular oil/gas propaganda tag line but the problem is that it's industry BS. The truth is that oil and gas industry takes in 4 times the subsidies ($550 billion vs $120 billion toward renewables). This despite record profits and paying some of the lowest percapita taxes in all industries. If they paid the percentage that a mom and pop electronics shop pays, those rigs would be rusting piles of iron

http://www.bloomberg.com/news/artic...s-with-550-billion-in-subsidy-hurt-renewables

I really wish somebody somewhere would show me just ONE SINGLE INSTANCE of an oil/gas, oil or coal company receiving a subsidy from our government. Just one! This fallacy that our conventional energy producers get "subsidies" is just ---> :screwy:


Merriam-Webster (emphasis mine):

money that is paid usually by a government to keep the price of a product or service low or to help a business or organization to continue to function

Full Definition of SUBSIDY

: a grant or gift of money: as
a : a sum of money formerly granted by the British Parliament to the crown and raised by special taxation
b : money granted by one state to another
c : a grant by a government to a private person or company to assist an enterprise deemed advantageous to the public
 

vvvvvvv

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I really wish somebody somewhere would show me just ONE SINGLE INSTANCE of an oil/gas, oil or coal company receiving a subsidy from our government. Just one! This fallacy that our conventional energy producers get "subsidies" is just ---> :screwy:

It's basically a means of duping the sheep. Many of the "subsidies" are your normal tax deductions and credits for business (such as depreciation and cost of goods sold, Percentage Depreciation and Intangible Drilling Costs respectively), they just have provisions that specify exactly what qualifies as a valid line item. Even then, for the most part only your small independent producers and managers are able to actually claim those deductions or credits. Other subsidies are the exemption from passive loss limitations, which no commodity-based industry could survive without given the rest of the tax code.

You can find a list of "big oil subsidies" here and here (Excel spreadsheet).

By the way, here's the top 3 federal "subsidies" for oil:

$1B - Strategic Petroleum Reserve
$1B - Farm Fuel Tax Exemption
$570M - Low-Income Home Energy Assistance Program

And for natural gas:

$2.9B - Low-Income Home Energy Assistance Program
$340M - Excess of Percentage over Cost Depletion
$240M - Expensing of Exploration and Development Costs

And for coal:

$3.8B - R&D
$380M - Excess of Percentage over Cost Depletion
$240M - (Consumer) Credit for Investment in Clean Coal

Or the total for Oklahoma - $52M oil + $173M natural gas +$4M coal = $229M. By the way, $57M of that is the sales tax exemption for residential natural gas use.
 
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