I know Talco is sour gas and has low quality oil but I have been here for 30 years and I can not figure out what triggers pumping. Do folks just fire them up when the world needs more asphalt? It doesn’t seem to follow the basic price of oil trends.

If you really know the area i am talking about East of the big field and more towards Talco/Sugarhill

They drilled these 15 years or so ago and have been operational maybe 2 or 3 times

Hey guys, I guess there are some APA investors here. If you missed it, we have some updates on the Alpine High scandal they had a few years ago. So I decided to post about it again.

For the newbies here, back in 2016, Alpine High was a big focus for APA, and the company promised great potential there. But, in 2020 they cut off the project, and the gas production in the region alleging weak pricing. When the news about it came out, investors sued APA, saying it misled them about the project’s prospects.

The good news is that APA has agreed to pay a $65M settlement to resolve the situation. And I just discovered that even though the deadline has passed, you can still file for payment here.

Did anyone here invest in APA during the Alpine High hype? How did the project’s downfall impact your portfolio?

I'm pretty new to the oil field, and I was wondering whether there was a rhyme or reason as to when rams (pipe rams and shear ramps) are closed, or closed, locked, & vented (CLV) during BOP tests. Is this a CFR requirement in the Gulf of Mexico, or an API recommendation that they be CLV or closed in particular instances? Are there different requirements for latch-up tests versus interval tests? Are there common practices that are not mandated by regulation but otherwise widely in use? What is the actual difference between a closed ram, and a CLV ram?

For investors interested in oil and gas investments with tax advantages, is there a platform or resource where we can see verified reviews and track records of the owner-operators offering these projects? It would be incredibly helpful to have transparent insights into their performance, reliability, and project success rates. Why doesn’t something like this exist yet?

I applied for a production operator job and met the minimum requirement on the assessment. Can anybody tell me if that’s a good thing and what I can expect if i land the job?

Hi All, I do work with Oil and Gas accounting data, and I am looking for a good source/guide to help me understand plant statements. I understand they're reported by the operators, yet I am really looking to understand the whole scope of the process behind them, especially the deducts for field gas and fuel (and why), and POP percentages/other ratios to be aware of. I don't have an oil and gas background and want to gain the fullest understanding possible that I can of these, yet can't seem to find a ton of in-depth resources online. Also, please let me know if I should redirect my question to another sub- thank you!!

That my parents didnt name a beneficiary for the oil wells they owned. Four are royalties wells, and im told that's nothing to worry about, however two are working interest wells which ive been told are money pits. Ive been told the working interest wells are next to impossible to sell as they cost more to operate than they bring in,(which really makes me wonder about what goes wrong with the equipment that it needs that level of constant repair) and cant be converted to royalty wells. Since i obviously dont know shit about any of this. Is this true about getting rid of working interest wells? ive asked to get paperwork on all of this and am wondering if i should create an llc just for my shares of the wells. Anyone out there have just sine ballpark advice?