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Jim Beard

(2,535 posts)

6. There seems to be confusion on terms

Reply to Major Hogwash (Original post)

Tue Jan 13, 2015, 03:59 PM

Jan 2015

There are drilling rigs for drilling and exploration and the there are there are the pump jacks that actually pum the oil.

So, which is idle, drilling rigs to produce more wells or pumping jacks to bring the oil to the top of the ground or BOTH?

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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