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Big Oil and Gas 24: 2024 10 26 Tripping for Bit

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When considering the future of the oil and gas industry beyond 2024, it is crucial to address the often-misguided use of the term "pollutant" in reference to carbon dioxide (CO2). While CO2 is frequently categorized as a "greenhouse gas," this label can be misleading without proper context. CO2 plays a vital role in the Earth's ecosystems; it is essential for the process of photosynthesis, where plants convert carbon dioxide into oxygen, thereby sustaining plant life and, by extension, animal life, including humans. Moreover, CO2 is a natural byproduct of Moreover, CO2 is a natural byproduct of respiration in mammals. Every time we exhale, we release carbon dioxide into the atmosphere, underscoring its inherent role in the respiratory cycle. Thus, describing CO2 simply as a pollutant overlooks its fundamental contributions to life on Earth. As we engage in discussions about environmental policies and regulations, particularly in regions like California, it is imperative to present these facts to government officials and policymakers. An informed dialogue that recognizes the importance of CO2 can lead to a more balanced understanding of its role in both natural processes and the broader context of climate science. Advocating for a nuanced perspective on CO2 is essential to avoid oversimplification and to promote responsible energy practices that ensure both environmental sustainability and economic viability.

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When considering the future of the oil and gas industry beyond 2024, it is crucial to address the often-misguided use of the term "pollutant" in reference to carbon dioxide (CO2). While CO2 is frequently categorized as a "greenhouse gas," this label can be misleading without proper context. CO2 plays a vital role in the Earth's ecosystems; it is essential for the process of photosynthesis, where plants convert carbon dioxide into oxygen, thereby sustaining plant life and, by extension, animal life, including humans. Moreover, CO2 is a natural byproduct of Moreover, CO2 is a natural byproduct of respiration in mammals. Every time we exhale, we release carbon dioxide into the atmosphere, underscoring its inherent role in the respiratory cycle. Thus, describing CO2 simply as a pollutant overlooks its fundamental contributions to life on Earth. As we engage in discussions about environmental policies and regulations, particularly in regions like California, it is imperative to present these facts to government officials and policymakers. An informed dialogue that recognizes the importance of CO2 can lead to a more balanced understanding of its role in both natural processes and the

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Saturday, October 26, 2024

2024 10 26 Tripping for Bit

2024 10 26 Tripping for Bit

Oct 25, 2024

This morning, Saturday, October 26, 2024, 6:00 am MST, we are drilling at 9,911’ TD, 15 fph. We made 24‘, averaging 7 fph (2 fph min, 15 fph max). P rates decreased significantly from yesterday as it became increasingly more difficult to maintain the desired trajectory. As a result, the decision was made to trip for a new bit and change out the BHA (“Bottom Hole Assembly”) to a more aggressive configuration. The total trip took 19 hours. The bit definitely needed to be pulled. Many of the cutters were worn, chipped, or cracked (see attachment). The condition of the bit is the result of slide drilling, required to maintain the desired trajectory to our target (“fighting Green Mountain”). This is nothing out of the ordinary and was expected.
 
Today's video is entitled “Tripping for Bit”. The rig crew is POOH (“Pulling Out of Hole”) and they are at the MWD BHA that contains all the electronics used to guide the trajectory of the bit. Last but not least, they get to the bit, break it out, and examine its condition. Things can get a tad bit messy on the floor with all the excess mud that drains from the drill string. The hand in the maroon sweatshirt is Mr. Hayden Sullivan, the newest member of the LSOG team! Hayden has been with us for about 10 days showing great promise! Welcome to the LSOG family Hayden!





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