InvestorsHub Logo

mikeyk

04/28/09 2:00 PM

#25203 RE: eddy2 #25202

Mechanical break down doesn't suck wells dry.

Ranb2khz

04/28/09 2:34 PM

#25204 RE: eddy2 #25202

You can't "per say" suck them dry - it is currently physically impossible to retrieve all oil from active wells. The BPD drops below a certain level and companies suspend the production based upon economics. These wells, or land leases are then sold to someone else who may want to retrieve the remnants.