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Can we play Huddle Survivor

Squirrel

By Squirrel,
in Carolina Panthers

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kungfoodude Grand Master

kungfoodude

Posted
Posted

That's actually why I'm out here. It's an old site, not fracked, that's a waste water pit. Oil out of the ground isn't straight oil and goes through a separator to remove most of the water. Oil goes to the tank and in this case the water goes to that open pit. Colorado has told the operator it has to go by the end of the year. Now everything goes into sealed tanks before it's hauled away

Does the derrick to the southwest also have a pit? Kind of looks like it from the satellite image.

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PandaPancake Newbie

PandaPancake

Posted
Posted

Does the derrick to the southwest also have a pit? Kind of looks like it from the satellite image.

 

tIgGiCg.jpg

 

Red = Natural gas collector/flare stack

 

Black = Oil tank, 300 bbl, 15'

 

Yellow = Separator and generator in the shed pump jack over the well head to the right

 

Blue = Water pit. Uses gravity to dump the water into the pit while oil is pushed to the tank the gas then gets burned off in the flare stack

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kungfoodude Grand Master

kungfoodude

Posted
Posted

tIgGiCg.jpg

Red = Natural gas collector/flare stack

Black = Oil tank, 300 bbl, 15'

Yellow = Separator and generator in the shed pump jack over the well head to the right

Blue = Water pit. Uses gravity to dump the water into the pit while oil is pushed to the tank the gas then gets burned off in the flare stack

But what about the one down the road to the southwest? Kind of looked like it had a pit of some sort too.

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PandaPancake Newbie

PandaPancake

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Are those his wells?

That's a very complicated answer. Technically there are always two owners. Land owner and mineral rights owner. Sometimes they can be the same.

Wells most of the time have two leases. Land use and mineral rights. Land use is what it sounds like. It averages about $1 per square foot per month. I only know about the actual site. Roads are a mystery to me. Mineral rights royalties are normally 1/5th of the oil sold before expenses. The operator of the site owns all the equipment.

To answer the question not his wells but he could be fined by COGA if they caught wind of it. But that's like a cop targetingv jay walkers

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