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Show Notes

Swag, Drill Bits, and Bad Abbreviations

Summary

Peter shows off a hat from Underdog Wireline in Odessa before Wade explains pigging, which cleans paraffin and fluids out of pipelines. Wade correctly identifies the abbreviations DLS and ROP and explains vertical section. He then explains why PDC bits are the most common bit type and why he runs KYMERA hybrid bits in his curves. Wade also shows core samples, describes watching the trip tank while tripping out, and explains uphole zone development when a primary zone is no longer economic.

Hosts

  • Peter Brecht

    Peter loves bringing out the best in people. He lives in California and insures high-risk industries.

    Peter on LinkedInPeter on Collide

  • Wade Spear

    Wade is an upstream engineer with a knack for asking and answering great questions. He lives in Oklahoma.

    Wade on LinkedIn

Transcript

Source: Recording transcript, lightly edited to remove filler words.

Show the transcriptHide the transcript

Peter Brecht00:02

Alright, here we are. Wade and I barely made it to the microphone today. I think, yeah, between lack of sleep and kids starting school and all that. But here's the thing, I woke up today and I'm like, you know what, I'm gonna represent some swag. So I feel like the Fresh Prince right now. Got a hat from Underdog Wireline out there in Odessa. Yeah, good stuff out there.

Wade00:07

Rough week for both of us.

I love that, Dude,

The upside down logo is like totally a Texas thing. I think some company in Texas started that whole deal and it is just like taking off like wildfire.

Peter Brecht00:29

Yeah.

Yeah, they did. I think it was some mineral owner that did it or whatever, like a mineral bro. And then we got...

Wade00:37

Yeah, well he probably

Made a whole lot more money on those hats than he has on his minerals

Peter Brecht00:46

Probably did Yeah, I know I'm gonna get in trouble for this one on Twitter and then I got pipe whisperer that sent us some gear too So man, this is a quality shirt Yeah, it is. I love the Punisher love you see you seen the movie,

Wade00:53

All right. Hey, that's pretty cool. That's like the Punisher logo. Okay. All right.

I haven't seen the movie. I saw it on, what was the, what was it? Not Lone Survivor, American Sniper, like the Punisher logo on like their armored cars there and stuff. And I thought that'd scare me, but you know.

Peter Brecht01:14

Yeah.

Mm-hmm.

Yeah,

No, the Punisher is a great movie. I don't know. I liked it. I watched it back in college probably the last time but no his logo is amazing. Gave my son I gave him a handful of stickers and next morning I go into his room and he's got just all these, yeah, they're all over his room like they're on the walls and his dresser and it's good. So yeah.

Wade01:27

Welcome.

Awesome. We just

Bought a, we bought a new cooler here a few weeks ago. And like my whole goal was to fill that thing up with stickers.

Peter Brecht01:46

Well, yeah, got it. I'll make sure if you haven't gotten any, I'll make sure you get some. Yeah, it's cool. Well, hey, we don't have much of a show planned, but I think that's really where our best ideas come from. I just kind of want to talk about last week we had an amazing interview, got a ton of comments on stuff. And what I've noticed is people don't really listen to our full podcast, which is totally fine. They go watch the clips on TikTok or YouTube. But

Wade01:49

Alright.

Alright.

Right?

Peter Brecht02:15

It just it's so interesting when they don't get the full context, right? And it's not intentional It's just like, you might miss miss a comment here or there just because they're so short So, if you watch yeah, and if you're watching this on tiktok and you're not watching the full episode Please go over to youtube and check it out. Just get the full immersion of wade and peter in your life. All right and on that note if you know anyone that does video editing in oil and gas and wants to talk to us We're trying to find someone to help

Wade02:19

Right.

Yeah, it is.

Ha ha ha ha!

Peter Brecht02:45

Us with our clips. Maybe, maybe it's maybe the problem's me, but if you know anyone send them our direction. We'd love to talk to them. We're trying to make this a little bit less time-consuming for me and Wade and maybe bring another person in that can help us with the editing side. So just gonna get that off my chest Wade, you know? All right, exactly, might as well. All right, so my first question for the day is what is pigging?

Wade03:03

Let's do it. Cast to widen that.

Pigging. All right. Hey, and everybody needs to know too, I'm, I focus on drilling and I don't, don't get a lot of, I don't get all the questions beforehand, so I, I'll answer the best of my ability. All right. And I know there's a lot of details and stuff I'm missed out on, but pigging is actually like whenever they send a, how they call it a pig, but it's just like a big, I don't, I'm sure that they send a lot of different ones. I, know, I think the ones I've seen are like these big aluminum,

Peter Brecht03:16

Yeah.

Wade03:45

Or maybe even steal deals that they send down pipelines. And so you shoot them down pipelines. What they essentially do is clean it out. They'll pick out, they're pretty close to the OD of whatever your pipe is that you're running it through. And so you run it through there and it'll clean out paraffin, it'll push out fluid and liquids ahead of it. Does all that different stuff. So essentially you're just cleaning out all your pipelines so that...

If water sits there, it's corrosive or it can freeze or it can cause issues. Paraffin will build up over time. Like there's all different kinds of things, problems associated with not picking mines. One of the other things too, that's kind of interesting about pigging. I always thought there was a guy I used to go to church with and he, apparently made a good amount of money. He built like, some kind of like a system when they were picking these lines. And I think it's like a flagging system. Like as the pig, cause you start a pig on one end of this pipeline, right?

And it comes down the other. But if there's a whole lot of like a paraffin or something like in there, that pig will stop somewhere. And so how do you know where it stopped? How do you know how to retrieve it? And so like they've got these flagging systems and all these things that they can put on the lines. So like as the pig moves down through there, the flag will indicate whatever that it's that it's past that point. So then at least when you have to come and kind of troubleshoot, like where's the pig at? How do we get it out?

Peter Brecht04:53

Right.

Wade05:10

You have a general idea of where that is in terms of lines. Like I said, I haven't done tons of pigging operations. In fact, I've done zero, but I always thought it was really interesting to hear people talk about it. I believe they're doing miles and miles of lines at a time whenever they can.

Peter Brecht05:15

Gotcha.

Yeah.

That's,

Miles at a time, that's, I don't know, that kind of expands the visual for me. But when I was a kid, my parents, we built kind of like this new addition to our house, because, they went from having three kids to like six kids. And, you can only cram so many kids in, right? It really was though. Three boys, three girls. It was, it was great. Yeah. And, it was great. And like, embarrassing story, when we'd go on

Wade05:43

Right, yeah. That's Brady Bunch type stuff, You guys are perfect!

Peter Brecht05:57

Family vacations, my parents would put us all, all six of us. So even when I was 17 years old, I had to wear a red t-shirt like all the other kids so they could spot us in the crowd. I can tell you there is nothing less embarrassing or nothing more embarrassing than your crush seeing you when you come out to the business trip and you're like, you've been crushing on this girl for years and she sees you all like this. My God, I can't even tell you.

Wade06:25

Dressed the same as your siblings, that's super cute,

Man. You should be proud of that. At the time, yeah.

Peter Brecht06:27

It was adorable like now looking back on it like we laugh about it as a family but I remember I remember

Being 17 and then get you to that business meeting and that cute girl that I've been crushing on for a decade saw me in that shirt and Oh man, that was tough. But anyways, that doesn't matter

Wade06:45

What kind of

A business meeting are you talking about as a 17 year old?

Peter Brecht06:48

So

My dad would take, so we had a family business and my dad would take the whole family once a year to the big, like the conferences. And so we got to like get to know all these families that were in the same business and it was cool. And they had like a family dinner, you hang out at the hotel and just, we, were just complete jackasses to be completely honest. Like all the boys would hang out and then you'd have the, but.

Wade06:54

Okay.

Okay.

I got you.

Right.

Right.

Peter Brecht07:16

But like that's what I grew up in, right? Was just being in the room. Then when I got older, I was like 15, my dad would actually take me into the meetings and I would get to listen in. And you hear all these people talking about operations and how to fix things and how to make improvements. And that's really where I kind of got obsessed with operations, right? It was like from that age, but. Oh.

Wade07:35

So you were actually paying attention at 15

Years old.

Peter Brecht07:38

I

Loved it. I would go like, you you'd sit down and they had those they get the white tablecloths and all the tables set up and you sit there with your hotel pen and paper. And I just thought it was, I loved it. I thought it was like, I was like, they have, dad, have water, like glasses of water. Like I thought, and there's coffee in the back. I loved it. I loved it. I still wish if, and if there's, it's funny, like if there's one thing that I could go, like if there's one thing I'd go back and do with my dad is I would go do that again.

Wade07:49

Pat? Huh.

Living high on the hog. Yeah. That's awesome.

Peter Brecht08:08

So he since sold the business, like if I go to another meeting with him, I would, oh man, I'd kill for that again. That was fun. But anyways, all about a red t-shirt, you know? So anyways, pigging. We got an answer on that kind of. It is, yeah, yeah.

Wade08:15

Look what it started, alright. That's awesome. Nope.

Okay. Yeah, I think that's a pretty big general overview right there. Like

I've never pigged a line, but pigging lines is essentially sending this pretty, it's pretty close to the OD of it's pretty close to ID of the pipe you're trying to clean out. And the whole purpose is to clean it out and prevent issues. Well.

Peter Brecht08:40

All right, all right. Speaking of

Abbreviations, so I wanna, I'm gonna give you, I've got three abbreviations. I've got, well, and I've got three abbreviations here. And I just, I know. But so here, was on a TikTok Live and they were talking about abbreviations. And you and I have had this discussion before where, yeah, yeah, and they're all different. Yeah.

Wade08:51

This is like how oil field are you? That's what this is.

Okay.

Yeah, there's tons. Everybody uses different ones. There's some that are universal. There's some universal.

All right.

Peter Brecht09:06

Kinda,

But we're gonna see, so I googled, I just googled, all right, what these were, and I'm gonna see if we get similar ones. I gotta find a pen somewhere, but let's just start with this. Okay, what is DLS?

Wade09:09

Okay. Okay.

Okay.

Dogleg severity. Yeah, it's talking about whenever you're drilling your curve. It's the angle at which you're, well, it's the rate at which you're changing your angle over like, usually it's over 100 feet. That was an easy one. Come on, that's universal right there, DLS.

Peter Brecht09:25

Perfect, yes.

Okay, yep. All right. All

Right. So yeah, the Wikipedia definition. You are one for one. The Wikipedia answer was a measure of how sharply the wellboard is curving, typically expressed in degrees per 100 feet. So there you go. All right. The next one is V, S. V isn't Victor, S isn't Sam.

Wade09:41

I'm one for one. Alright.

Yep, yep, there we go.

Okay, vertical section. These are all directional terms. So vertical section is like your distance horizontally from your surface hole location.

Peter Brecht10:08

That's yeah, you're right. So Wikipedia once again the distance along a projected. Yeah, the distance along a projected vertical plane often used for planning purposes. Okay, this last one I'm sure you're going to get three for three. R. O. P.

Wade10:11

Two for two.

That's, yep. Yep.

I hope.

Rate of penetration how fast you're drilling there you go. How much good. Those are easy. All right Okay, okay, well you stayed in drilling so that that helped me out a lot, you start getting the production But I mean seriously there's acronyms for every single thing it's because we've been writing reports for decades it's so who wants to write trip out of hole like, you know all the time So, you know TOH, TOH you know

Peter Brecht10:27

There you go. Easy, three for three. All right, next time I'm gonna pick more difficult ones.

Yeah.

Yeah.

Yeah.

Yeah, there's it's interesting. So listening in on this TikTok live and actually got to be part of it. And there was a bunch of cool guys that were talking, people that I don't even know how I got invited to be on there. But they were saying that they would write their reports and like put like GFY and just to see if anyone would pick it up. And no one ever caught it. Like no one ever read the reports. No one cared. It was just like.

Wade10:54

Okay.

I was gonna say,

One of the, it was funny, at one of the companies I worked for is over a decade ago, all right? On what, it was Easter Sunday, he was a completions engineer and he put a deal in there. It was something about a dinosaur eating something or whatever. And I'm like reading this report and I took a picture of it and sent it back to him and he kind of died laughing. He was like, yeah, you're the only person who caught it. But I just thought it hilarious that.

Peter Brecht11:43

Yeah

Wade11:45

You put that out there just to see who's reading your report. You you just put something absolutely ridiculous in there.

Peter Brecht11:51

I do that all the time with like, we have the academy and I got these interns and I'll put like little little like Easter eggs in there, right? And just to see if they're reading like what color did I, put in the third paragraph just to see if they read it. And it's kind of fun. They usually don't don't catch it. So yeah, it's fun. It's all in fun. We have a good time.

Wade11:59

Yeah.

Man, I'm sorry. I can feel the disappointment. Yeah.

Peter Brecht12:18

My biggest, so what I wanna do is, these abbreviations are fun, but I wanna create kind of a devil's financial dictionary version of this. Like, I know that there's a lot of fun ones out there too, but we'll keep working through it. Okay, one thing that I'm kinda thinking about too is like drill bits and talking about drill bits, like it's such a huge topic.

Wade12:31

Yeah. All right. Sounds good.

Peter Brecht12:45

Started reading about a little bit because I wanted to understand more like yeah great you put a drill bit in the ground But when you really get into the finer details of what those things are there's so there's a lot to a drill bit and I don't know so I'm kind of thinking through You know drill bits always turn to the right for example, but then we've also got you know PDC tricone roller cone. There's all kinds of varieties on them so

Wade12:45

Okay.

Okay, yep. Right.

Peter Brecht13:13

In Oklahoma, what drill bits do you guys typically use? I mean, do you gravitate towards one type over another usually or no?

Wade13:19

Yeah, well, okay. So first off, would say, PDCs are a, I want to say newer invention than the roller cones, tricones, all right? So PDCs, I'm thinking there were still a lot of tricones in use whenever I first started out in the field in like the early 2000s. You PDCs came around that time, probably a little bit sooner than that, but adoption sometimes takes a little bit, right? But,

Man, I'll tell you what, I would say that PDCs are the predominant bit type run everywhere across the world. Now there are always situations and use cases for each kind of bit, because there's button bits, there's tricones, there's PDCs. Those are big general categories. PDCs are used most because they're just so much faster. They work by a cutting, scraping action using those like

Peter Brecht13:56

Hmm.

Wade14:17

Polycrystalline cutters, you know? And so because of that, instead of using this crushing action that you see with the roller cones or the tricones, it just, it cuts holes so much faster. Now in some formations, you'll put a PDC in there and it will only last like a few feet because it's so abrasive or it's so difficult or whatever. But I would say across the board, whenever you think of a bit, just think of a PDC.

Peter Brecht14:19

Yeah. Yeah.

Wade14:45

Now we'll use roller cones at times, like when you're sliding, you're trying to build angle or something like that. If you're in a really difficult curve or something, you could put in a tricone for better tool face control. But here's something you need to look up. So Google this. Google a KYMERA bit, K-Y-M-E-R-A. Take a look at what that is.

Peter Brecht14:59

Mm-hmm.

Kinda looking up right now. Whoa.

Wade15:10

All right.

So I was when I was at Baker in the early 2000s, like they were still developing this. I remember I was like sitting in a meeting and they were talking about this hybrid bit. They're like, it's super quiet. You they hadn't even really made it yet. But they had these sketches and they didn't I got to see it. I was like, sometimes you see things like that. And you're like, yeah, like that, maybe we're stretching it a little too far here, guys, you know. But I'll tell you what, like

Peter Brecht15:28

Mm-hmm.

Mm-hmm. It's over engineered.

Wade15:37

It's somewhat, you know what mean? It just seems like a crazy idea because it really changes the status quo. But I'll tell you, I run almost exclusive kymeras in our curves. And it's because a lot of times we have really difficult time holding a tool face with our PDCs or we get what I would say unreliable build rates. In some formations, you get really good, really high yields. Some of them are lower yields.

That kymera really helps kind of level a lot of that out and it's just much more consistent as what is what we found at a lot of our stuff here in Oklahoma that's not to say that would you don't use PDC somewhere but kymeras are what we've gone to it It's really it's really interesting because it's one of the last what I'd say is like what I felt like we're one of the huge like step changes in bit design because there's a lot of things that they change on bits they'll change the cutter shape the cutter structure

Peter Brecht16:24

Hmm.

Wade16:29

They use this leaching technology that helps get out the imperfections and impurities in the diamond volume. They do these like axe blade cutters or concave cutters like the, there's rake, which is the angle at which the cutter is adjacent to the Like all of these different things, they adjust and they change, which everybody always claims like,

Gives you so much better, whatever you want, ROP, longevity, all that stuff. But the kymera was really the last bit that I looked at was, really kind of taken aback and said, man, that's a, it was just a huge change in technology. And it works too. That's the other thing to it.

Peter Brecht17:04

Mm-hmm.

Yeah.

It's a I, this is weird to say, but it's a very pretty looking bit, right? I mean, it's just very like intricate and there's a lot going on with that, that kind of yeah. Yeah.

Wade17:23

Haha

Two cones and three, four blades. You you're

Really kind of marrying those PDC blades with the roller cone and it really does a pretty solid job as well.

Peter Brecht17:37

Mm-hmm.

Yeah,

I wonder, so we were talking about Expand Energy a couple weeks ago. They have the longest well at 34,000 feet. I wonder if they were using a kymera bit or something else.

Wade17:47

Mm-hmm.

Right.

I'm sure they were probably using PDCs. I almost guarantee you. You're starting to get out there. PDCs are going to give you ROP and all that stuff. But when you're starting to reach out that far, you're really worried about, I think, one of your biggest limitations. Torque and drag, weight transfer, all those different things really start playing in out there.

Peter Brecht17:56

Yeah. Okay.

Hmm. Okay. Because if you need to

Replace your bit, you still have to trip out entirely to put a new bit on. What? That is... that's just...

Wade18:18

Oh yeah. Oh yeah. It takes

A trip that long. Even with good crews, we've had some rigs, the older SDR type rigs that'll trip 4,000 feet an hour, which is just a great turnaround time and really will save you on your days of drilling. But, when you're out there at 26,000 feet, that's still a long trip whenever you're talking about round trip on 52,000 feet of pipe. So takes a while.

Peter Brecht18:34

Mmm.

So this kind of sparked a question for me. So you're obviously drilling, you're up against some, you're trying to get that material out, you trip out, going back into the hole, that difficult to navigate?

Wade18:53

Right.

But yes.

In terms of go ahead. Right.

Peter Brecht19:04

Well, there's a hole already there, but I mean, does

The pipe ever get stuck and say, no, I don't like that. Or is it pretty like, is it pretty straightforward?

Wade19:13

Yeah, so let me say this, it will if you've got problems. So if there's like tons of washout or something like that, your bit can kind of, if it's going from washout to a gauge hole in a horizontal, it can have a hard time finding it. Even in a vertical, if the washout's big enough, you'll kind of, a lot of times it just takes weight. It doesn't really like what you'd say, get stuck. It'll drag like 30 or 40K or take 30 or 40K tripping in. So you kind of have to pick up.

And you go a little bit slower and it finds the hole and then you just get back to tripping like normal. But if your hole isn't clean, if shale's fallen in on you, all those different things, you can 100 % get stuck on a trip. And there's tons of different things that can happen. When you're pulling that pipe out of the hole, imagine that pulling that pipe out of the hole works in a way, it works kind of like pulling a plunger out of a needle. You know what I mean? And so whenever it does that, can pull.

Peter Brecht20:05

Mm-hmm.

Wade20:09

If your hole isn't very stable and you're pulling pipe really quick, you can do what we call swab the hole. And so that can like pull in formation or things like that. If it's extremely unstable, most of the time you're fine tripping in now the hole. Whenever you think about like what you're drilling, like we talk about sand, we talk about shale, but I this is really, really competent rock. Let me show you actually. So let me, I'm gonna show you a couple of things. All right. And I'll show you what we're actually drilling. So I hadn't really thought about this until now, but I've got some,

Peter Brecht20:33

Yeah, yeah, Yeah.

Wade20:39

I've got some like core samples. From wells we've drilled or different things. All right, and so this is actually like, so here's a core sample. Is it? Okay. Yeah, I needed to focus on it. There you go. So this is a core sample of something that was drilled, 10,000 feet down hole. You can see all the different, I think those, think this is,

Peter Brecht20:52

There we go. Yeah, if you bring it really close.

There we go.

Wade21:08

There's some geologists out there who could really explain this to me. I'd have to look exactly what well this was. One of the companies I worked at went bankrupt. So they were, the geologists were distributing all different kinds of core samples and stuff to a of their favorite people. I got a couple of cores there. There's one. Now here's another core. This one will tell you. So whenever you get that core out, I said, right. So you can see here, see all that. But look, it broke right there. And can you see the?

Peter Brecht21:12

Hmm.

That's cool.

That's clean.

Wade21:38

Can you see the shells and everything on there? Yeah. So this is from 10,959 feet down. And whenever we brought it out, it actually cracked right there. And you can see the shells and all that stuff right there. So it's pretty neat stuff to be able to hold in your hand. So one good thing to talk about there would be coring operations. So I've done a couple of coring jobs. You essentially take a BHA, if you Google it there, Google coring.

Peter Brecht21:38

Yeah. Yeah. Yeah.

That's really cool.

Hmm.

Wade22:08

Coring bit, all right? And take a look at it real quick. It looks like a PDC bit, but it's got a big hole in the middle of it. And so essentially what you're doing is you are drilling down and as you're drilling down, this is remaining and it remains up inside of your BHA and gets into what they call a core barrel. And then once you've either drilled enough or kind of the maximum, filled up the maximum length of your core barrel, you trip out the hole.

Peter Brecht22:09

Okay. Okay.

Wade22:35

And then they take all of this. You have to trip out it. There's a lot of requirements for it. You gotta trip out slowly so that you're not, you can imagine the pressure down hole. If you brought it up too quick, it's just gonna break out and you're gonna have dust whenever you get to surface. So you have to be really careful on how fast you trip. Have to stage out the hole. It's like diving, right? Like getting the bends diving. And so you get it up on surface and they got that core barrel and then they take it they do all kinds of science and everything on it.

Peter Brecht22:49

Mm-hmm.

Yeah. Yeah, yeah.

Wade23:03

If you're lucky enough, you get a little piece of the core to kind of remember the operation. Yep.

Peter Brecht23:10

Yeah, okay, but I'm

Sure they use it for more than just memories though. It's probably you know, they probably like yeah

Wade23:14

Yeah,

They're doing all kinds of science on it, determining porosity, permeability, it's tons and tons of work. There's a few labs across the country that are kind known for their research on coring operations.

Peter Brecht23:35

So kind of

A question I was thinking about too when you're tripping out you got all this mud that's still down hole is it's the mud stays right the mud stays okay all right I was gonna say that'd be a lot of volume to pull out and put back in it wouldn't make sense so okay

Wade23:42

Yeah, oh yeah, 100%. Yep, yep.

As you trip out,

Do have to, as you trip out, we've got like a trip tank on surface. Usually they're about 100 barrels and we just circulate across the top of the hole. So like as you're pulling out of the hole, right? Like that all your metal is coming out, all your drill string. Well, you have to replace that volume in the hole with fluid or otherwise what'll happen is that fluid volume will continue to decrease as you're tripping out of the hole and you could get light on your hydrostatic and your formation starts to flow on you.

Peter Brecht24:00

Mm-hmm.

Mm-hmm.

Wade24:15

So one of the things that you always have to watch on your trips is how much fill it's taking. So depending on your drill pipe size and all that stuff, you know exactly how much it should be taking. And so you've got to watch that trip take really carefully. Because if it's not taking enough fluid, then what's coming into that well bore? It's usually gas. Or it could be like if you're seeing a salt water flow or whatever. But you need to make sure that it's taking the proper amount of fluid or else you've got a problem. You probably shouldn't be.

Peter Brecht24:33

Right. Yeah, yeah, yeah.

Wade24:44

Trip all the way out to surface because then you can't control the well if you're at surface and it's flowing on you.

Peter Brecht24:51

Got it. Okay.

Man, I'm getting so excited for October. That's all I'm gonna say.

Wade24:58

Trips are fun to watch like the first 10 stands. It gets really repetitive really fast.

Peter Brecht25:06

Yeah, yeah, no, I'm sure.

I'm just, this is like a first time hearing about some of these details, right? Like you hear ideas of, okay, we're gonna trip out. But then when you start learning about what's actually going on in that operation in greater detail, and I'm sure there's even more that we're not even touching on. Of course there is. Yeah, it just be...

Wade25:18

Right.

There's tons. Everybody out there

Has got a very specific job. It's a dance on the rig floor is what you're watching. You know what mean? And it's just repeated over and over, pull a stand and do the exact same, pull a stand, do the exact same. And whenever they're, whenever they're good at it, whenever they all know their job and are moving quick and you know, you're, never waiting on someone. That's whenever they do it fast, and that's whenever you can really, really see the efficiency and, save some time and save some money.

Peter Brecht25:30

Yeah.

Oh, that's really cool. All right. So we talked about drill bits. I was gonna ask you, you sent me an email this week, just kind of a quick overview on something we were talking about, looking at uphole zone development. So I'd never heard the term uphole before, I thought maybe I'd investigate that a little further.

Wade26:08

Right.

Yeah.

Okay, yeah, essentially on upholzone development, what I was kind of meaning there is like lot of these guys will go in and you buy an old well or if you just say that you're at an oil and gas company and they used to drill the, say they drilled Mara wells all over the place, right? Or Mississippi wells. Well, those are down at say 10 or 11,000 feet. That well has now, it's no longer productive, right? Like you've...

Pretty much flowed all of it out. It's loading up all the time and you're not making any money on it. Before you even shut in the well or plug and abandon it or sell it or whatever, you usually go back, you look at your logs and you look at any zones up hold to see if they might be prospective. Would it be worth going down and putting a little frack on it and seeing if it'd flow? Maybe you'd do that. I don't know if you'd miss it. There's a lot of different reasons why you could do that, but...

Whenever I talk about uphold like zone development or analysis or whatever, yeah, you your primary zone is now no longer economic and you're just looking to kind of, squeeze more blood out of that orange.

Peter Brecht27:15

Mm-hmm.

Got it. Is that considered

A work over then?

Wade27:27

I don't think you'd really consider a work over. It's not a refrac either. It'd be, it'd just be perfect new zones. I'm sure there's a lot of terminology out there for it, but yeah, you're just, you're looking for new zones up hole. Yeah.

Peter Brecht27:42

Gotcha, okay, got it.

So it's kind of more referring to the search on it. Okay, cool. Let's see, drill bits. Man, there's so much we could talk about, but I think today, just being that both of us are running on fumes and trying to hold it together, we'll save everyone some time this week and just, we'll cut off early, but.

Wade27:56

Runault fumes, yep.

Alright.

Peter Brecht28:04

We're looking to do some more interviews in the next couple of weeks too. So got some folks lined up and real excited to talk about just interesting aspects and really want to talk to some guys that are putting hands on tools. That's really where it's just hard to find them that can get away with it with their company. So.

Wade28:20

Right.

Yeah.

Peter Brecht28:25

All right. Well, hey, thank you guys for listening to this week. Apologize for the shorter episode, but wait now we're gonna go get some r &r and we'll see y'all next week. Thanks

Wade28:36

Thank you.

Listen

Oil & gas shop talk with Peter Brecht and Wade Spear.