Rotary ONE Services Drilling Fluids is a Certified MHA TERO Contractor working several projects on Native American Tribal Lands in NORTH DAKOTA and MONTANA.
With service in TEXAS, NEW MEXICO and OKLAHOMA PANHANDLE AREA, we strive on bringing quality products and Professional Engineering Services to you.
Oil Based Mud (OBM) is used for many reasons such as increased lubricity, greater cleaning abilities with less viscosity.
Also OBM can withstand greater heat without breaking down.
Midland and Odessa Texas have been in the current oil boom for quite some time now, but is it going anywhere?
The last major bust hit the Permian Basin in the early 80's. Before that, the boom and high oil prices brought prosperity and many jobs to the area, along with a Rolls Royce dealership and a huge demand for housing.
With the bust over and the boom back in Midland and Odessa, a lot of thanks goes to the advanced techniques of hydraulic fracking and Horizontal Drilling for extended oil production.
Hydraulic fracking, which is commonly just called fracking, is a drilling technique to extract oil from deep under the ground. Although this technique has been used for over 6 decades, horizontal drilling only became available in the 1990's. Simply, once a vertical well reaches the deep layer of rock, the well will curve at about a 90 degree angle and the horizontal drilling will begin and can extend over 1 mile from the well. Drilling fluid is then pumped into the well at a very high pressure, powerful enough to fracture the rock and create fissures and cracks to let oil and gas flow. This fairly new technique has unlocked vast amounts of deposits of shale in the Basin and other parts of Texas.
With the advanced drilling techniques and the basis that the Permian Basin has more oil than anywhere in the world, it seems the oil boom in the Basin is not going anywhere any time soon. These techniques are supplying more oil from old and new wells alike and the number of new oil wells have doubled over the last few years.
Good news for drivers, as gas prices are continuing to fall during this winter season! Winter blend gasoline releases during the cold months, usually beginning in September and continuing throughout the cold season. This blend of gasoline is actually cheaper to produce, but what are the other reasons leading to the fall in prices at the gas pumps?
It’s been years since we’ve seen prices so low when filling our tanks. Many factors have brought these prices down this season. West Texas Intermediate crude oil is at it’s lowest per barrel also. Who’s to thank? You got it, it’s all of our hard working American’s in the oil industry fighting their way to freedom from dependence on foreign oil.
The blessing of fracking has caused our supplies of crude to soar higher than ever in the U.S. and when combined with the other efforts of OPEC, and the decline of drivers in the winter, we are seeing results at the pumps. Fracking with drilling fluids has increased our oil supplies to the point of dropping the price per barrel to lows not seen in a decade or more.
Fracking is a process of injecting fluid into a well at such a high pressure that it literally causes rock to crack. In short, this process happening deep underground allows natural gas, brine, and petroleum to migrate to the well. Fracking has boosted global energy markets. In the U.S. alone, crude oil output has soared to a 25-year high, lessening our dependence on foreign resources.
Rotary One Drilling fluids are used in many fracking operations across the U.S. We operate in the North Dakota Bakken Shale play. Our Denver office is serving the Rocky Mountain region, and our Permian Basin headquarters are located in Midland, Texas. In our experience, new drilling technologies and fracking has tremendously benefited America by creating energy independence and jobs with very little environmental impact.