RE: Good times ahead13 Jun 2018 11:20
George, thank you for the vote of confidence.
We are all here to make money, pure and simple, and some individuals are generous enough to share their expertise and research along the way.
Let's see what happens when they start injecting N into the well. For all newbies, here is a definition of AL taken from the Internet:
Artificial lift refers to the use of artificial means to increase the flow of liquids, such as crude oil or water, from a production well. Generally this is achieved by the use of a mechanical device inside the well or by decreasing the weight of the hydrostatic column by injecting gas into the liquid some distance down the well. A newer method called Continuous Belt Transportation uses an oil absorbing belt to extract from marginal and idle wells. Artificial lift is needed in wells when there is insufficient pressure in the reservoir to lift the produced fluids to the surface, but often used in naturally flowing wells to increase the flow rate above what would flow naturally. The produced fluid can be oil, water or a mix of oil and water, typically mixed with some amount of gas.
Good luck all.