Scott Tinker
👤 PersonAppearances Over Time
Podcast Appearances
Yes. So, well, and you've got to do fracking, right? Let me defend that. You know, you can't go out there like the wild west. Fracking is a major industrial operation. It is. You're lining up big trucks around a hole, putting a bunch of water under pressure. You're producing oil and gas. You've got to do it right.
Yes. So, well, and you've got to do fracking, right? Let me defend that. You know, you can't go out there like the wild west. Fracking is a major industrial operation. It is. You're lining up big trucks around a hole, putting a bunch of water under pressure. You're producing oil and gas. You've got to do it right.
Yes. So, well, and you've got to do fracking, right? Let me defend that. You know, you can't go out there like the wild west. Fracking is a major industrial operation. It is. You're lining up big trucks around a hole, putting a bunch of water under pressure. You're producing oil and gas. You've got to do it right.
And it's regulated. Occasionally there's a bad actor. So what I'm saying here, remember we have 95% still left in the US, very hard to get a lot of it out technologically, but we'll get more. Middle East and Russia haven't even started to release that because the oil they sell to the world's markets today is cheaper. So the arbitrage is better.
And it's regulated. Occasionally there's a bad actor. So what I'm saying here, remember we have 95% still left in the US, very hard to get a lot of it out technologically, but we'll get more. Middle East and Russia haven't even started to release that because the oil they sell to the world's markets today is cheaper. So the arbitrage is better.
And it's regulated. Occasionally there's a bad actor. So what I'm saying here, remember we have 95% still left in the US, very hard to get a lot of it out technologically, but we'll get more. Middle East and Russia haven't even started to release that because the oil they sell to the world's markets today is cheaper. So the arbitrage is better.
It depends on the fields, and I've been there many times. It depends on the fields. But yeah, it's an incredible... There's lots of stories we won't go into, but they're just beautiful reservoirs. Now, some of them are getting kind of old. And the oil doesn't last forever. Remember that leaked off, but they still have their source rocks.
It depends on the fields, and I've been there many times. It depends on the fields. But yeah, it's an incredible... There's lots of stories we won't go into, but they're just beautiful reservoirs. Now, some of them are getting kind of old. And the oil doesn't last forever. Remember that leaked off, but they still have their source rocks.
It depends on the fields, and I've been there many times. It depends on the fields. But yeah, it's an incredible... There's lots of stories we won't go into, but they're just beautiful reservoirs. Now, some of them are getting kind of old. And the oil doesn't last forever. Remember that leaked off, but they still have their source rocks.
So I don't want to give people the impression that oil and natural gas are forever. They're not. They're naturally formed. They're not replaceable in human time scales because it took millions of years to cook those plants. But there's a lot of resource still left.
So I don't want to give people the impression that oil and natural gas are forever. They're not. They're naturally formed. They're not replaceable in human time scales because it took millions of years to cook those plants. But there's a lot of resource still left.
So I don't want to give people the impression that oil and natural gas are forever. They're not. They're naturally formed. They're not replaceable in human time scales because it took millions of years to cook those plants. But there's a lot of resource still left.
Not done.
Not done.
Not done.
They're not taken dry. We leave a bunch of oil and gas behind in shale and in conventional reservoirs. Think of your driveway, your cement driveway, when you spill a little oil on there. Can you get it out? It's stuck in that limestone. That's just limestone. Cement is limestone. It's stuck forever. It sticks to the rock. And that's what secondary and tertiary recovery processes do.
They're not taken dry. We leave a bunch of oil and gas behind in shale and in conventional reservoirs. Think of your driveway, your cement driveway, when you spill a little oil on there. Can you get it out? It's stuck in that limestone. That's just limestone. Cement is limestone. It's stuck forever. It sticks to the rock. And that's what secondary and tertiary recovery processes do.
They're not taken dry. We leave a bunch of oil and gas behind in shale and in conventional reservoirs. Think of your driveway, your cement driveway, when you spill a little oil on there. Can you get it out? It's stuck in that limestone. That's just limestone. Cement is limestone. It's stuck forever. It sticks to the rock. And that's what secondary and tertiary recovery processes do.
They put in carbon dioxide, ironically, CO2 floods. And you can, it changes the way the oil and the rock interact. It's called wettability and releases more oil. So there's these enhanced, but you're putting something kind of, it costs money, just like the bolted on coal. It's expensive. So I'm putting money in the ground to get more oil out.
They put in carbon dioxide, ironically, CO2 floods. And you can, it changes the way the oil and the rock interact. It's called wettability and releases more oil. So there's these enhanced, but you're putting something kind of, it costs money, just like the bolted on coal. It's expensive. So I'm putting money in the ground to get more oil out.