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oilfieldmafia

01/31/16 6:03 PM

#6305 RE: betahighlander #6304

Honestly there is a misconception of what fracking truly is, fracking helps give us access to gas/oil that just standard drilling can not give us access to. It breaks down pockets and helps to push oil/gas out to where we can't normally get it.

And a wells life varies, hell there is a well still producing from over 100 years ago.

http://www.bloomberg.com/news/articles/2014-11-21/the-153-year-old-oil-well-that-produces-nonstop-in-boom-and-bust?utm_content=10021327&utm_medium=social&utm_source=facebook

But even a well at today's standard can produce anywhere from 3-10 years on average. I know it's a big jump but it varies so much.