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TexasProgresive

(12,785 posts)

5. I know that

Reply to Wellstone ruled (Reply #4)

Tue Jan 13, 2015, 03:45 PM

Jan 2015

I've lived in the oil patch most of my life. I have not worked in the petroleum industry but my life has certainly been affected by it.

My question is still are they reducing production of active wells or are they just cutting down on drilling operations?

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Highlight:

3 out of 7 oil rigs have been idled in Texas since August. [View all] Major Hogwash Jan 2015 OP

Yes and no, Wellstone ruled Jan 2015 #1

Driling rigs drill they don't pump oil. TexasProgresive Jan 2015 #2

Rig operations are tied to the supply demand. Wellstone ruled Jan 2015 #4

I know that TexasProgresive Jan 2015 #5

I'm in the oil and gas business GitRDun Jan 2015 #7

Thanks, that's what I thought TexasProgresive Jan 2015 #8

As it has always been. mmonk Jan 2015 #3

There seems to be confusion on terms Jim Beard Jan 2015 #6

They are not pumping the oil out of wells that have already been drilled into. Major Hogwash Jan 2015 #9