Off by 2,38,000 Pounds!!! What Weight on Bit Actually Means

Peter Brecht00:00

All right, Wade, how are you doing? Yeah, anything, anything? Yeah, anything new and exciting?

Wade00:03

I'm doing good, I'm doing good. Yep. Been a busy week, but good week.

Yeah, I family stuff going on. Ended volleyball last night, got football tonight. And so it was kind of bittersweet seeing the end of my daughter's like high school volleyball career. She's not going to play like college or anything like that. So that was, that was a pretty emotional, pretty awesome night too. Just brought back a lot of memories. So that was good. But moving on to football tonight, Friday night lights, I a sophomore playing and that's been a ton of fun to watch.

Peter Brecht00:23

Yeah.

Yeah.

Yeah.

Wade00:39

See him kind of grow through all that stuff. But other than that, work's been going good. Finished up my last well with the operator we were working with here over the last probably, that I've been working with over the last probably six months. And it's just been a great experience. Had some really good results. And so like got to meet some new guys and work with a new team and really enjoyed it. They were good people, great people to work with and all that. So man, everything's been good. I got no complaints. How about yourself?

Peter Brecht00:52

Okay.

That's

Awesome. Yeah, steady, just been steady, right? We're a lot of projects we're working on. So we've got our fourth Academy group starts in two weeks. We're building this AI tool right now that is just mind blowing. We did a demo with our team on Tuesday. I mean, like you're always scared to do a live demo of anything, but we took some documents and like ran it through like first time.

Wade01:16

Alright.

Right.

Peter Brecht01:33

Hadn't run it through and it worked perfectly and I was like, my gosh, thank you. Been a lot of fun with that. We could talk more about AI because we had so many people asking about Power Automate and what you're doing there. But like, yeah, the AI stuff has been fun. It's actually getting, it's it's getting really good and it's really, it's enjoyable now, right? It's, I don't know, the more time you spend with it and so that and kids playing baseball and...

Wade01:45

I got you. Yeah, I saw a couple comments.

Peter Brecht02:00

Same thing, man, I can't complain. We've had just, I've enjoyed really personally the last two weeks, all the guests that we've had on and been able to talk to, it's been fun, so.

Wade02:09

The oil field is full of just, not just like big personalities and all that stuff, but like just amazing people. Technical, scientific, and operational. It's just, dude, it's full of amazing people.

Peter Brecht02:28

Yeah, and they all got great stories and experience. So anyways, I hope to call many of them lifelong contacts, let's put it that way. So I wanted to dig into, because right before we jumped on, you texting me, hey, I'm playing with Claude code. And so I got to ask, what are you doing over there?

Wade02:42

Yeah.

Well, what I okay, so I talked last week about the mud report analysis that I was running kind of doing all that through power automate and GPT and all that and I read that so Claude came out with sonnet 4.5 and just from like the benchmarking I've been using Opus 4.1 and it was doing really great but 4.5 came out and I just saw some headlines on it and read into it a little bit. I mean, I'm not.

Peter Brecht02:53

Mm-hmm.

Yeah.

Wade03:14

Ultra-technical, so I don't understand all of it. But one of the headlines on it was something like it ran an analysis without user input or something like that for something like 36 hours. I'm just making up stuff there. I can't remember what the headline was, but it was something really impressive. And so I just went to it, and what I essentially asked it to do was recreate that mud report analysis that I had made in GPT, but do it, I just told it autonomously.

Peter Brecht03:30

Yeah, yeah.

Wade03:44

Run with it. And I've just been playing with that this morning and it's pretty impressive. It runs very differently. So this is something that like run on my local machine, a lot of Python scripting, all that stuff. There's some, I think there's some good and bad with it I'm still kind of debugging some issues right now. But what probably took me, it was over 40 hours and I was learning a lot too. Like I knew nothing. I had never opened Power Automate before that. So I mean,

Peter Brecht03:53

Hmm.

Yeah.

Yeah.

Wade04:12

There was a steep learning curve there. And I'm kind of having that same learning curve with Python right now, but it is catching up. It feels like it's catching up quickly within the first three hours of messing with it. It feels like it's kind of where almost where I left off on GPT. And so I won't know until I fully get there. What I realized is that, man, you got these ideas and you throw it in there and it seems like you're 90 % of the way there and like,

Peter Brecht04:18

Mm-hmm.

Gosh.

Mm-hmm.

Wade04:42

I would say a few hours, but getting that last 10 % and working through those little bugs has proven like really challenging. It's taken more time than getting that first 90%. And so, it's just playing around with it, learning the system and learning all kinds of new aspects.

Peter Brecht04:59

I love what you just said there about the last 10 % because if I know Wade, it's that he's a first 80 % guy, right? And then that, you know what I mean? But now you're getting that last 10, that's pretty good.

Wade05:06

I am. It's really frustrating. It is so frustrating. Well,

I have to because like, I plan on this report having memory like looking back through the entire well, not just at that single report. And so like one of the first stupid problems I ran across was that it was grabbing spud date from the report as actual report date. And so like every time it would try and write a new line of memory of essentially what happened.

It was all trying to overwrite that same day because every day was being reported as spud day. So, it's just stupid stuff like that. But I mean, it's just absolutely frustrating. But also, like whenever you can finally figure out what it's doing or how to overcome it, like that's what actually gives like that sense of accomplishment, you know. Otherwise, it's kind of, yeah, it's awesome, but at the same time, without any...

Peter Brecht05:41

Yeah.

Wade05:59

Effort put into it. There's just usually not a big sense of reward.

Peter Brecht06:04

Yeah. Yeah. No,

I totally hear you. We're like, we did a demo on Tuesday of something we're building for our team, right? And basically quite, quite simply, like we took all of our, all this data about the oil and gas industry, like truly like books that we scanned and not all this crazy stuff, put it into these data buckets. And then we trained this tool through Gemini vector. I think it's called

Wade06:14

Right.

Peter Brecht06:34

Sorry, Vertex, it's a vector search through Vertex to basically take insurance policies and then build out like a full analysis, like a risk analysis based on it. It has been, something that would probably take my team 12 hours, two days worth of work is now done within 20 minutes or less. And it's just, it's insane. It like blows my mind. And then I'm sitting there, I'm thinking, okay, so if this only takes us 20 minutes,

Wade06:35

Okay.

Right.

Peter Brecht07:01

Like what do I do with the rest of my day? Like I cause carriers can only work so fast, right? So it's like, I'm just, I don't know. I guess I gotta go, I gotta find more stuff to do now. That's the whole thing.

Wade07:12

Well,

That's what I've gathered is now if I can get rid of this busy work or the small little gathering the data and putting the data together into this understandable format, if I can accelerate that, man, my ability to make decisions or take on multiple projects to do those things is just greatly increased. There was a comment I think this week about, that was asking, are you afraid of being replaced?

Peter Brecht07:40

Mm-hmm.

Wade07:41

I mean, I think that fear is always there, but it's replaced not by this computer, but just by other people who are actually more efficient than me. It's kind of like in the United States, we've gotten really efficient at drilling wells, right? Which means that we need less rigs to produce the same or even more oil and gas, in a less amount of time. And so what do we need? We need less rig hands, you know? And so, you my thought on adopting AI and all this is like, it's...

It's 100 % going to remove some jobs and some people. It just is because the efficiency increases that we'll see with it. But if I'm one of those people who's using it and can interact with it and build things with it and do all that stuff, hopefully you're one of the ones that gets to stay around. Because I don't see it ever fully replacing. There's a lot of great comments out there.

It'll never replace somebody working floors and throwing slips and doing things like that. And so it's just a really, really interesting time. And I feel like if you're not embracing it, you're probably falling behind a little bit. And I saw a post from Chuck Yates this week on Twitter, and he mentioned something about filling regulatory forms and Collide is out there.

Peter Brecht08:38

Yeah.

Mm.

Yeah. Yup.

Wade09:01

Filling these regulatory forms with people's data and information. And I've been building something kind of similar in cloud in terms of, yeah, in terms of just grabbing data and information, OCR and PDFs, getting that data and information out into usable formats, and then putting it into, whatever documents you need it to go into. And it's not a really labor intense process to build it. Takes some back and forth in order to...

Peter Brecht09:08

Really?

Yeah.

Wade09:28

Kind of get everything to work right, but once you do, man, it just makes the process so much faster.

Peter Brecht09:34

Totally. Collide the post you're talking about and I'll put it in the show notes, but yeah, they're basically filling out W10s automatically.

Which is, it does take a lot of time and I got to actually sit through the demo with Chuck at one point and he showed me how it works and it's like, I think that's impressive. One thing that is the bane of my existence is, we take in a lot of data and then we have to do the same thing. You have to put it into reports and PDFs and formats. And if you could, if I could just figure out how to, make all my PDFs fillable like that. My gosh. Like the power there would be incredible. I'd love that. So no, absolutely.

Wade10:00

Right.

Brut.

Peter Brecht10:12

Point and i like i know you're on twitter but you're like you're like a lurker like i never see you comment on anything

Wade10:17

I'm a lurker. I don't post. I don't interact. I've got

Socials and things, but I rarely post stuff.

Peter Brecht10:24

But your

Bio line, if you're gonna be a bear or be a grizzly, I love it, I love it. It's a good one. That is a great motto, it's a great one. Very cool. Well, I wanted to, so this kind of might be pulling back into your chemistry days, but I wanted to talk about the chemical compound of oil and gas and kind of the specific thing that I was trying to unravel.

Wade10:29

That's our family motto. That's our family motto. Well, well.

Right.

Peter Brecht10:54

Is what makes oil and gas light or heavy? Is there something like what is that differentiating factor?

Wade11:03

It's the

Length of the carbon in the structure is really what makes it lighter heavy. Your longer ones are heavier, your shorter ones are lighter. So like take gas, methane, CH3, that's where... I'm sorry, I think that's actually CH4. But yeah, and so whenever you extend that chain, then it's CH3. But as you get longer and longer, go from like... In products, everybody would know you go from like...

Peter Brecht11:07

Okay.

Okay.

Okay.

Wade11:33

Methane, ethane, propane, butane, pentane, and then you start getting longer. You start getting into your gasoline, diesel's way down there at the end, heavier and all that. So yeah, so it's your carbon chain is what makes it lighter or heavier there. Generally speaking.

Peter Brecht11:36

Mm-hmm.

Okay.

Okay, so the carbon and then you've got oil like

Oil is gonna have more I don't want to call them like like it's more stuff mixed in there like not pollutants really but you're gonna have so oil is gonna have like asphalt like they're gonna extract asphalt from that they're gonna extract wax from that like paraffin wax and all right is that is that the idea?

Wade12:08

Well,

Yeah, they start breaking it down. So you start separating out the length of your compounds by purification process. It's multi-step, but you're essentially separating out your different length of your chains. You rarely get like, it's not like you're separating out like C7, you're usually separating out. And this is, I'm getting outside of my...

Peter Brecht12:35

Yeah. Sure.

Wade12:36

My knowledge base here, but you're separating

Out a range of carbon links in there. Usually it's based on, I don't want to say boiling point, but you're using heat in order to separate these out so that one will go up to the top of your tower and one will drop down to the bottom. And then you can kind of continue that process as you go in order to separate the length of your carbon chains.

Peter Brecht12:41

Okay.

I think it'd be fun at some point for us to talk to someone that is doing fuel. Thinking like, find someone that does like, here's Formula One fuel, here's jet fuel. And not only just the refinery, but talk to the guy that's building the race car. Because I mean, my dad would run, when we were kids, he had an old vintage car that he would race.

Wade13:09

100%. Refiners, that's what you need.

Okay.

Peter Brecht13:26

It was fun to go to the track, but he would run different types of fuel in the car depending on the environment of the race. So you run something different here in California when it's 100 degrees outside versus Ohio when it's 40 degrees outside. And it was kind of fun. And my dad was kind of, he always has been sort of kind of nerds out on stuff like that. Might get my dad on here and be a blast, but my gosh.

Wade13:41

Right.

You should. I mean,

We see that all the time. Whenever we're out there, whenever it gets really, really cold, at least in Oklahoma for us, really, cold, your diesel will start kind of waxing up and getting thick and you can't pump it through and do all that. And so that would make perfect sense that, especially in a machine like what you're talking about where I'd say quarters of seconds count huge. You want to be running as just efficiently as possible.

Peter Brecht14:01

Yeah. Yep.

Mm-hmm.

Yeah.

Mm-hmm. No, I, yeah. That'd be, I don't know. I love cars, like why not? Local energy, we can talk, I think we should be able to talk about cars. That we're burning fuel. Yeah, I think that'd be a good time. Okay, so we've got, that was one thing I wanted to talk about. And gosh, I had like a note to you on something. Okay. Yeah. All right, so I'll go ahead and ask, but yeah, what is swabbing?

Wade14:23

That's an interesting application of that.

Right.

Let's do it. Yep.

Swabbing.

Swabbing is essentially the process of removing fluids from a well bore. Whenever fluids start getting in there and the well loads up, whether you shut the well in or it gets hit by an offset frac, what will happen is the fluids will build up there in the vertical and the well stops flowing. That's what we call loading up. It's no longer producing any oil and gas, anything like that. What you do is you come on with rig and this rig has a...

Has a line and at the bottom of the line it's got, we call them swab cups. Think of a length of the rubber cups and they kind of are cupped in an upward fashion like this. There's a number of them. And you drop down with that wire, with that line there with those cups on the bottom, you go down, you'll hit fluid, you drop down below that fluid and then you just start pulling it out of the hole. As it pulls out of the hole, it keeps a quantity of fluid above it.

As you're pulling up. Now some's also gonna go around those cups and kind of fall back down to the bottom. But you do multiple runs, swabbing just barrels of liquids off of your well until it gets to the point that that hydrostatic pressure has been decreased enough to where the well can start flowing on its own.

Peter Brecht16:01

Hmm.

Okay, so is this, this is done after drilling then, right? Is this more, is this, this is more of a maintenance thing?

Wade16:12

Yeah,

This is usually after your initial flow back and all of that. This is usually further down the life of the well. Yep. Normally at the beginning of a well, the well will have enough. Now there's reservoirs that don't have tons of reservoir drive or pressure to be able to kick themselves off. So you kind of got to go in there and maybe swab it back. Most new wells have enough reservoir pressure and drive to kick off on their own and to get the fluids out.

Peter Brecht16:23

Okay, understood. So.

Wade16:41

As the well gets older and it loses some of that reservoir pressure, you have to go in and bring those wells back online.

Peter Brecht16:48

Okay, got it.

That makes sense. It's, I'd probably imagine that would be, I don't know if the operator would probably hire someone else to do that. They're not gonna necessarily do that themselves. Okay.

Wade16:58

Yeah, yeah, usually

You don't have your own. Some companies do, some companies will have their own trucks that'll go out there and do that and their own operators and all that. But those rubber cups, as you run them down, as you pull them up, they get damaged. And when you're on surface, you gotta check them out. If they get damaged, then they're not lifting as much fluid, takes more runs. And so you're swapping out those cups. You gotta...

Peter Brecht17:09

Okay.

Wade17:23

You got to be careful about how much you're pulling out. You're watching your line tension and all those different things. You don't want to get so much water that you either come off of the line or anything like that. There's a of things they got to watch, but for the most part, it's really just going down there, pulling fluid out, allowing the well to get back to producing.

Peter Brecht17:42

Okay.

Yeah, it makes sense. There's a thing I learned this week and actually this, you may know the answer to this or actually I'd like to ask our listeners this question, but in the state of Texas, my understanding is that they count, you could have multiple wells, but if it's a water flood unit, the RCC will call it one well. And I'm curious.

Two things, which is, that true and why do they do that? And again, I don't know if you know the answer, but I would love to find out if our audience knows the answer to that question on the water flood unit stuff. And I don't know why they would do it that way, but I was talking to an operator out there in West Texas, actually West Texas, he's got Wells 191.

Or something like that across the state. He was talking about how they, because you get the well schedule, you go through it and he's like, oh, that's actually, multiple wells, but they counted as one. I don't know. It was interesting.

Wade18:32

Right.

Right.

I

Think, I'll take a stab at it. I haven't really worked water floods in Texas, but I'm guessing just based on probably what you're seeing and everything, all of it goes to probably all the production ends up at a single tank battery and that's where it's separated and trucked out of and all that. If you've got, say that you've got in a water flood, depends on how big the water flood is, but say you got 30 or 40 wells, like.

Peter Brecht18:47

Yeah.

Okay.

Wade19:08

Having each individual well with its own monitoring system in terms of tanks and volumes and meters and just all of these different things. I that's a pretty, I don't want to say labor intense, but it's a pretty economically intense activity having 40 different meters and all those things set up. And so if you can take all of that to a single battery, and most of time these water floods are pretty close to each other.

Peter Brecht19:26

Mm-hmm.

Yeah.

Wade19:37

In terms of physical space. But if you can take that all to a single battery, then you're just pumping right out of there. And then also productions, like your revenues and stuff are just split out evenly among owners of each well-born stuff. So I think it just probably streamlines the entire process and makes it a lot more economic. Because also water floods are usually like, I may be making this term up, but like a tertiary recovery. It is end of life. You're pumping a

Peter Brecht19:39

Mm.

Yeah.

Mm-hmm.

Wade20:04

Hundred barrels of water down a hole hoping to get back, I think usually like a half a percent to a one percent water cut is pretty good. So you're pumping a hundred barrels down to get back like half a barrel or one barrel of oil, and so those are just really economically tight kind of activities.

Peter Brecht20:10

Gosh.

Yeah.

Huh, interesting. I kind of wonder at what point you just decide to be done with it. Then what do you, you do like a P &A on it and then just the, well, you're just done, right? Is that the idea? Yeah.

Wade20:37

Yeah, you'd have to. I if there's no upholstery zones

To go back and work over or do anything like that, then then yeah, you you go and PNA PNA your unit and you're done. Yep.

Peter Brecht20:42

Yeah.

Yeah, okay, you're done. It's okay,

Good to know. I just, yeah, and I know the Texas RCC, like everyone's got their own way of looking at it for regulatory reasons, but that was cool to learn on this one. All right, let's see here.

See, we went through the AI stuff for 20 minutes. Okay, I'm just marking time since I'm... my gosh, do I have acronyms? I do. Let me pull these up. I wasn't gonna do it. My gosh, wait.

Wade21:16

You have any acronyms to work on this week?

Alright, that's good to say. Alright.

I love the

Cut that you made of the pie and fee and all that stuff. That was good. You started to put movies in there and stuff. Man, you're on it.

Peter Brecht21:30

Yeah,

Not

Movie guy, but I did want to tell you. So I sat down and I really had to think about it and what movies are like in my top 10. And I realized that I haven't seen a lot of movies in my life, but I just, I watched Interstellar for the second time and I see what you're talking about. Like I understand why that's a good movie now.

Wade21:45

Okay.

Okay.

Peter Brecht21:59

So the chances of me watching it a third time are actually pretty high I actually enjoyed the storyline and you get into the music and the whole like underlying mess. It's so cool It's actually it's cool so all right

Wade22:00

Okay, alright.

Hans Zimmer's amazing.

Any movie that Hans Zimmer's doing the music and Chris Nolan's doing the directing, man, I'm usually all in.

Peter Brecht22:23

Yeah.

I'm with you on that one. All right. All right. Abbreviations. Let's go through a couple of these.

Wade22:33

Okay.

Peter Brecht22:35

Here we go. What is A-F-E?

Wade22:40

Authorization for expenditure. All right, so yeah, essentially an aFe, you kind of, you're making a plan or you're kind of laying it out on paper for how much you think you're going to spend for whatever activity you're doing. AFe for drilling, completions, tank battery, surface installations like tank batteries and all that stuff, even workovers, all that. So kind of got an aFe, here's how much it's going to cost, use that to run your economics, here's how much we're going to spend.

Peter Brecht22:43

Go, easy.

Yeah.

Wade23:08

Here's how much we're gonna get in return. Yeah, AFE.

Peter Brecht23:12

How much of a buffer are you building into that number? Like, personally, if I was gonna do a renovate on my home, I would add probably 10 or 15 % to what I think it's gonna cost. And I still think I would be grossly under, but I mean, realistically, what would you, is there anything you're packing yourself with?

Wade23:22

Right.

Everybody does it differently. Every company does it differently. There's even games to be played with some of that stuff, for better or worse. Because sometimes you have to prepay on your AFE. And so, if you're going to go drill a well and you really make that AFE super high and people have to prepay their percentage of that AFE, you essentially got a free loan. It's an interesting deal there. The other thing is too is...

Peter Brecht23:34

Okay. Okay.

Hmph.

Yeah.

Mmm.

Wade24:00

I've been in, I don't want call them battles, but I mean, you're like fighting for operator ship with the OCC or with the Railroad Commission, whatever. And one of the things that's sometimes taken into account, it's not like I would say the driving factor, but I mean, if you can harvest those hydrocarbons for cheaper than the other person.

Peter Brecht24:10

Yeah, yeah.

Wade24:24

It's more economic for everybody. And so, you if you show up to the courthouse and you've got this AFE and you prove that you can actually do it for that, you you say, hey, we're gonna drill and complete this well for $5 million. You know? And look, we've drilled 100 of them just like it for right around $5 million. And somebody else shows up and says, well, we're gonna drill it, but they say they're gonna drill it for $7 million. Why would you go out and say, well, yeah, let's just spend $7 million for the same well?

Peter Brecht24:32

Mm-hmm.

Wade24:53

So it's a really interesting kind of back and forth right there.

Peter Brecht24:58

Okay, that is interesting. All right, so it's in, so, yeah, I can hear that. I was gonna say something changed on your audio.

Wade25:02

Is that getting really loud? You see this?

Yeah, there's a guy right outside my window. He's spraying the neighbor's house for mosquitoes right now. Yeah, yeah.

Peter Brecht25:20

Sorry, it'll

Cut out the audio. I'm sure we can edit that part out, but. Wait, you guys have, I need someone to come out and spray my house with mosquitoes. They are vicious where we're at. It's crazy, crazy. And I'm not even in Oklahoma, which, man, I get eaten alive out there. All right, the next, gosh, there was a follow-up question I had on the AFE side, right? Why, because you're,

Wade25:24

Alright, alright, sorry about that. Yeah, he's moving on.

Yeah. Yep. Yep.

Okay.

Peter Brecht25:49

Somewhat you're bidding to go do the work right to drill this well why do you have to take your bid to the OCC or the RCC and tell them what it is or is that not part of it you're just using as an example

Wade26:01

It's now

That's not, I would say that's not standard that you have to take it to the you always, you you're submitting your AFE to your partners and doing all those different things. But if you're going and kind of fighting for operatorship, then that's one of the things that you have to submit is your AFE. That's the reason why, yeah. So normally though, normally you're not out there having to kind of fight to be operator on each one of your sections. Most of the time.

Peter Brecht26:05

Okay.

Okay. Yeah, yeah.

Okay. Got it. Understood.

Wade26:28

You just send out all your notifications and everything. All your land department, all those guys work together and kind of make deals and agreements before you kind of get to that point. It happens. It's inevitable with everybody. It's at some point you're going to want to drill a well and somebody else is going to say, now we want to drill that. And it can kind of come to what I'm referring to there.

Peter Brecht26:53

Gotcha, okay, cool. Thanks for the context, that's helpful. All right, second abbreviation. What is NOX?

Wade27:03

That's like, man, I don't know, like I'm thinking noxious something, I, N-O-X, nitric oxide, I, I'm not quite sure where we're going.

Peter Brecht27:13

So you're on

The right path, right? So NOX, it's a collective term for nitrogen oxides, primarily nitric oxide and nitrous dioxide released during oil and gas operations. So they just title it NOX because it's, NO and NO2. So it's interesting. Okay. And then I think this will be my favorite one. And I think you're going to get it. But what is W-O-B?

Wade27:16

Okay.

Okay.

Okay, yep. Right, okay.

That's it. Okay.

Waiting on W, no, wait on bit. My gosh. I was thinking of, I thought you were gonna go to WOC, which is like waiting on cement or something like that. And I was like, WB, yeah, wait on bit. My gosh, I can't believe that one took me a second. So yeah, that's just how much weight you're putting from the drill string down on the bit. So yeah.

Peter Brecht27:47

There you go.

Ha

Alright.

Okay,

Got it. I figured that would be straightforward. Now, there is a WC though.

Wade28:10

All right, I got a question.

Yeah, WC is waiting on cement. You'll see that on reports all the time. Let me ask you a question, all right? Okay, say that you got a six and an eighth drill bit, Okay, drill bits, 6.125 inches in diameter. What do you think a normal weight on bit would be for that drill bit? Like how much are you actually applying?

Peter Brecht28:14

Okay, all right, okay. We just did two for one, so I think everybody wins.

Okay.

Okay.

My gosh, well wouldn't it matter on

Wade28:37

How many

Foot pounds?

Peter Brecht28:40

Well, okay, but my mind, I wouldn't know. First of all, but here's my follow-up to that. My question first would be, wouldn't that weight vary depending on how many lengths of drill string you have already? Or is the weight on bit always gonna be consistent based on the drill bit?

Wade28:45

That's why I want to ask is like I figured like.

It's not always consistent. I'm not gonna say it's always consistent. And you do have a difference between sliding and rotating. I'll say this, sliding, you can put a lot more weight on the bit whenever you're sliding. You're also not getting all of it down there. You've got whole friction and all that stuff. Like, just I would say, drill bits, there's usually like a maximum that they kind of recommend. There's some numbers they can throw out there. Now you can go over it and do all those different things, whatever you want to do.

Peter Brecht29:10

Okay.

Okay.

Wade29:31

But there's kind of a standard range where people run. And I was just wanting to think, like I'm just wanting to see if you get close or if you're kind of off by orders of magnitude.

Peter Brecht29:41

I mean, I'm going to guess, and my only point of reference is, there's that, that, that, that neighbors, drilling rig that I sent you the specs on. So my friend sent me this thing and it was like, 10,000 PSI mud, 65,000 foot pounds of torque and a 1 million pound hook. So I'm going to guess, I don't know.

Wade29:54

Right.

Okay, right, yep.

Okay.

Peter Brecht30:09

250 pounds? I don't know. 250,000 pounds.

Wade30:11

Okay.

Okay. Well, man, that's a lot. That's a whole lot. Right. Anywhere, I'd say anywhere from, on the low end when you're drilling, be like 12,000 pounds. On the higher end, probably 25 to 30,000 pounds. I mean, man, you think about it. Think about putting that much weight on something only six inches in diameter, you know? It's a lot of weight. It's crazy.

Peter Brecht30:14

Okay, I don't know. See, I have no idea.

Okay. Okay.

Yeah.

That is a lot.

Wade30:40

Whenever I, yeah.

Peter Brecht30:40

That's true. I just, so then like that, that, that, that what it was the pace acts. I'm looking at the spec sheet right now, but it's yeah, but like a 1 million pound hook. What do you even need that for? Is that just over engineered or like, where would you use that on the land rig? That's crazy.

Wade30:50

Like the hoisting capacity and stuff.

Oh no, well, if you think

About it, that's, so when we're talking about weight on bit, we're talking about just how much we transfer down to the bit. But I mean, that doesn't even take into account your string weight. When we're pulling out the hole, a lot of our wells, now we drill with four inch drill pipe in a lot of our stuff. And so that's a lot lighter. I mean, that's 14 pounds per foot. So our hookload when we're in a horizontal well is, 200

Peter Brecht31:09

Okay.

Yeah.

Wade31:24

200,000, 225, something like that. Everything depends on your depth, right? And then as you're pulling, you also have to overcome your hole friction in your lateral, and if you got a nudge and all that stuff. So when we start pulling out the hole at TD, a lot of times we'll see anywhere up to 350,000 would be one that you could see pretty easily, right? So 350,000 pounds is what you're out of the hole. But that's with four inch drill pipe. I mean, you think about some of these guys that are, you

Peter Brecht31:48

Gosh. Yeah.

Wade31:51

Some of these guys, these Utica wells or whatever, that they're drilling four mile laterals, mean the whole friction and the pipe weight, I don't think they drill those with four inch drill pipe, I'm almost certain they don't. Those are probably either four and half or five and a half, something like that. So your pounds per foot, the weight of your pipe goes up, your friction's really high because you got four miles of lateral you're pulling against.

Peter Brecht31:56

Mm-hmm.

Yeah, yeah.

Wade32:15

You could really use some high hoisting capacity at that point. And then the other thing is some of these wells, there's some stuff down in southern Oklahoma where they'll run, man, I think they were running 16, 17,000 feet of nine and five eighths casing that can be like 45 pounds per foot. And so, you're talking about some huge, huge numbers, some really heavy weights. So,

Peter Brecht32:32

Wow.

Holy moly.

Yeah.

Wade32:43

Whenever it talks about hoisting capacity, that's really what that's referring to is, how much weight you can pull.

Peter Brecht32:48

Okay.

Overall, yeah, okay because you have the totals. All right. Got it. Let's that's impressive. I mean Yeah, but I mean even at 12,000 is it 12,000 foot pounds or no, it's not torque rate It's just weight on bit. So it's just gonna be how are they is that just you're putting like 12,000 pound weight Up in the air and that's what's pushing it down. Yeah, okay

Wade32:53

Yep. Yep. And there's usually a safety factor below that.

With pounds.

Yeah, you're putting anywhere

From 12 to 25,000 pounds down there.

Peter Brecht33:19

Okay.

Yeah. And then how are you adding weight as you, cause I'm guessing you need to increase your weight or decrease your weight, right? At some point, or is it consistent through the drill? Okay. How do you add weight? You have to, okay. Okay.

Wade33:28

Yeah. Yeah, you increase. Well, I you've always got

Excess weight because your string, say your string weighs 200,000 pounds, you've got 200,000 pounds of string weight that you could just drop on it. You're consistently you're always just kind of coming down real slowly, just adjusting, adjusting that weight based on on how quickly you kind of lower your blocks.

Peter Brecht33:37

Yeah.

Right.

This is so, I love this. This is like a whole nother thing that I never thought about.

Wade33:56

I may have said foot pounds,

Now that you mention that, I may have said foot pounds earlier. It's just a thousand pounds with weight on bit and foot pounds is your torque.

Peter Brecht34:02

Yeah.

Yeah. Okay.

Just opened up a whole other world of drilling that I never thought about. So I love that. This is why I love talking to you. This is cool. All right. Let's see here. We're at...

Wade34:14

Yeah.

Yeah.

35 minutes.

Peter Brecht34:24

Hey, we're at 35 minutes right now, so that's good. Cool. What do you wanna do? We're gonna, we'll have to cut some stuff. Yeah, it's actually the editing is getting a lot easier, which is good. I decided, I finally decided to let AI edit our clips instead of me editing every single one of them. We've seen better engagement. I like it than the ones I was making. It's actually, it takes me, it takes,

Wade34:29

May have to cut some stuff,

That's good.

Okay.

All right. And it's easier on you.

Peter Brecht34:54

It takes like 60 seconds of video now versus I was spending probably 10 minutes of video true story on each one. So it was fun Gosh and there's energy policy stuff we could talk about Here's here's what I will say. So I have a friend of mine that is working offshore with sable right now. So in these in California, obviously harmony

Wade35:01

Okay.

Done.

Peter Brecht35:21

Heritage and Hondo you got the three offshore rigs there was sable and He is it's kind of fun watching the stock right now because we're waiting for a bunch of approvals to go through his sable right and they're ready to

Peter Brecht36:08

That was weird.

Wade36:10

Yeah, just that disconnecting or disconnected. It started freezing up before that.

Peter Brecht36:13

Yeah.

Hmm, okay. Well, I guess we're good there.

Wade36:19

You're not giving away insider information

Here, are you?

Peter Brecht36:23

I don't think so.

Wade36:24

I

Mean, do we need to go trade some stocks on this stuff? Yeah, we are.

Peter Brecht36:28

No, I don't think so. Shoot. Are we still recording? Yeah, we are. Okay. No.

So anyways, all I want to say is like, they're waiting on something, but I mean the activity level is what he's getting after. And now you got me double thinking if I should say anything, but no, look, they're hiring people. You can see who they're hiring for and all that and you can, exactly. Just check it out.

Wade36:41

Right. Right.

Don't worry, you can cut it. Right. Track the hiring trends?

Peter Brecht36:56

So yeah, but it's exciting to see some potential movement offshore in California. Like actually, like knowing someone that's doing it is so exciting. Like he's sending me pictures of like the sunrise, from the rig and I'm like, this is cool. So I'm really happy for him. I'll put it that way. I'm just happy that he's transitioned into something else. Man, I...

Wade37:11

From the platform, that's awesome. Asking what kind of a rig is it? The offshore rigs I'm not as familiar with. Is it like a Jackup

Or what?

Peter Brecht37:25

So California like I yeah offshore stuff is a whole different ballgame, right? I'm curious. They are definitely different than what you see in

Yeah, they're definitely different. We got to get an offshore guy on here at some point just to just for orders of magnitude of interest But yeah, there's he's they've got some cool some cool stuff and I know a guy that would come on he's just he's hard to get ahold of and that's you know by design He doesn't like to be easy to find which is cool. But anyways That's he's a cool guy though Yeah

Wade37:47

Right.

Got you.

This isn't the platform. I don't know, you know what mean?

Peter Brecht38:09

Yeah, I don't know. Don't think people are finding it yet. I don't think we're like we have such a small like group of people listening anyways Yeah, exactly. So All right, man. Well, hey, we're hitting the 40-minute mark. I'll cut some stuff out. But Yeah, so thank you guys for listening to this week's episode of local energy Wait, thanks for jumping on. I know this show is super sporadic. We didn't really have a floor format We got some exciting guests coming up in the next few weeks and

Wade38:13

I was gonna say, it might be a good place to hide out. That's right.

Peter Brecht38:37

Excited to chat with more people about interesting things. So I'll see you next week.

Wade38:41

Yeah. All

Right.

Thanks Peter.