written by reader The “Octopus” – eco-friendlyalternative to fracking

By Nikki Odegaard, March 28, 2013

Anyone know the companies Brian Hicks is touting for Oil and Gas Trader that are using this technology โ€“ multi-well pad drilling. Sounds like a good way to go โ€“ any comments?

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jsfpswcc
Member
jsfpswcc
April 3, 2013 11:55 am

I’m not sure what company Brian Hicks is pushing, but the “Octopus” method has been around for years at least for offshore production. 35 years ago I worked my way through college working as a roughneck in the Gulf of Mexico. We drilled over 30 production wells from one platform using directional drilling. It saved Pennzoil huge bucks.

I never saw it done from a land based pad back then (Texas and Oklahoma) and wondered why it wasn’t done. Building a land based pad uses about 2 or 3 acres of land. Tearing down a rig takes a good two days and another 2 to 3 days to reset depending on how far the rig has to be moved. In some areas we would only move a mile or two from the previous location. We could have skidded the rig more or less erect to a different part of the pad and directional drilled to tap something a mile away. Pads are not expensive in the overall scope of things, but having a rig down for a week is expensive. These land based wells were not for fracking though.

These “new” fields that are being fracked are a different animal. Fracked wells do not produce for a long period of time and have to be redrilled and fracked on a fairly regular basis.

“Eco-friendly” is a misnomer. The eco-friendly part is that less land has to be consumed for pad building. And normaly after a well is drilled and put into production, the land is returned to its original state. In the LA area you can find parking lots around well heads and in TX, OK, CO and others you will find cattle grazing or crops growing within a few feet of a well head. Fracking is by no means eco-friendly though as each well fracked requires a huge amount of fresh water.

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stp479
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stp479
April 28, 2013 10:48 am
Reply to  jsfpswcc

Hi John,
Thanks for very informative post-I much enjoyed being brought back to my stint in ’82 working for Tom Brown drilling out of Midland , TX. in the patches of N.M. Anyways, sounds like a well-known method being ginned up here for potential subscribers again.

jimarb
Member
jimarb
April 4, 2013 11:07 am

I have ask travis – who will do the rig modification to get them crawling to the next drill site ?? that might be where the money is ??? and who now has rigs that can crawl ??

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Travis Johnson, Stock Gumshoe
April 4, 2013 11:46 am
Reply to  jimarb

That I don’t know — the drilling rig companies are generally hurting these days because natural gas drilling is off so much, but I don’t know if there’s any competitive edge among them as regards multi-well pads or movement of rigs.

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walt
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walt
April 9, 2013 10:37 pm

My guess is Surge Energy around 3 dollars and they are doing multi well drilling

Dave
Member
Dave
April 10, 2013 1:07 pm
Reply to  walt

Surge’s share price has dropped about 2/3 in the last year.

James Mitchell
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James Mitchell
May 25, 2013 10:11 am
Reply to  jimarb

Kodiak oil &Gas company has a rig that can craw.

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Mark Trevithick
Guest
April 14, 2013 11:47 pm

Rig skidding and walking systems are available and are commonly supplied with state of the art rigs in the US. The better of these systems are designed to allow the rig (mast, substructure) to walk from well to well with full pipe setback and all equipment installed. Typical times for walking 25′ can be as little as an hour or two. My company designs and sells such equipment as do a number of other manufacturers – I’m clearly biased as to whose equipment is best but the technology is well in place.

sleuther
Member
sleuther
May 2, 2013 10:28 pm

Mark,
From someone in the industry, your comments would be appreciated. Is your company traded on the exchanges. And would you provide the names and or symbols of all the companies that are the leaders in this field. It would be appreciated.
Best Regards,
Roger

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Scott says:
Guest
Scott says:
May 2, 2013 11:00 pm
Reply to  sleuther

Roger,

Click on Marks name-it has an html url attached to it.

Scott

allan szamrej
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allan szamrej
July 25, 2014 1:18 pm

Mark what is the name of your company, I’m t
rying to find out the name of the company in Oklahoma that is using your rigs to drill
an d saying that they can produce oil for $28 per barrel. I would like to invest in this
company but can’t get any info from anybody about them,,,,,,,Regards …Allan

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mark trevithick
Guest
July 27, 2014 3:10 pm
Reply to  allan szamrej

My company is T&T Engineering Services Inc.
Our Maverickยฎ mast and substructures with our Lift & SlideTM rig walking system are used by Patterson UTI and by Pioneer Drilling. Both are drilling contractors and would not be expected to claim a price per barrel production cost – they are not operators.
I am not sure who you are looking for.
Regards,
Mark

mph011
Member
mph011
April 26, 2013 6:11 pm

I have not seen an answer from the Thinkolator regarding ‘Octopus Technology’ by Brian Hicks

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Dave Hughes
Member
Dave Hughes
May 4, 2013 4:37 pm

so with the octopus do they still frack the well or not . If not how do they get the oil out of the rock

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slick
Member
slick
May 14, 2013 3:12 am
Reply to  Dave Hughes

Here’s some info that will lead you to more information.
http://www.oxfordvisionaries.org/octopus-the-future-of-gas-drilling/
Cheers from AUS .