Most Don't do this when buying oil wells but they should

  Рет қаралды 12,987

Oil Mutt

Oil Mutt

Күн бұрын

Пікірлер: 32
@APLachel
@APLachel 2 жыл бұрын
Man, great videos. I've always been interested in oil and oil wells, how it works, and how to invest. All other videos I've seen are more like a documentary, full of nonsense. Your videos are good and simple. Thank you so much. Keep it up.
@thecollectoronthecorner7061
@thecollectoronthecorner7061 2 жыл бұрын
Liked and subscribed. I drove Trucks for decades. I would see those oil wells with the hit and miss engines and a flame burning. I even stopped and watched them a few times. I like all things mechanical.
@un-limited7009
@un-limited7009 2 жыл бұрын
Thanks . In California back in 2010 we were Charging $425. an Hour for a Rig. I remember when we charged $125. an hour but not sure what year. I Broke out in 1981 Sunde Company Signal Hill Ca. June.
@bobwolf5660
@bobwolf5660 2 жыл бұрын
Excellent video's. Having worked in the field, your video's are first class. Thanks for posting.
@OilMutt
@OilMutt 2 жыл бұрын
Thank you
@Nonoli-tc4ow
@Nonoli-tc4ow 11 ай бұрын
My apologies, I didn't catch what type of reader that was? Can you please leave a link in the description? Thank you, and enjoy your day sir.
@rudyruiz9521
@rudyruiz9521 2 жыл бұрын
Only been maintaining some wells for a few years. Didn't know anything about it previously. Unhappy to learn about the power conduits. Guess I have some work to do.
@OilMutt
@OilMutt 2 жыл бұрын
Yeah law has been on books for a while but they are just now starting to enforce it
@bro.weaver1282
@bro.weaver1282 2 жыл бұрын
I am amazed how many sites you are finding with tank batteries with NO FIREWALLS.... a lighting strike, tank blows and the entire 40 acres burns up.... and that site looks old AF. Could be pay there, could you do a video on water flooding?
@OilMutt
@OilMutt 2 жыл бұрын
Yeah it always surprises me because it’s very important
@bg5561742
@bg5561742 2 жыл бұрын
I’m trying to buy 8 wells around big spring that I’ve been around for the past 7 years there old vertical wells around 8 thousand feet and they produce around 45 to 50 bbls a day between all of them it’s going to be my first time buying I’ve been A. Company man for this company for 7 years now there selling out
@OilMutt
@OilMutt 2 жыл бұрын
Awesome, exciting times for you I bet. Email me sometime and let me know how it’s going theoilmutt@gmail.com
@bitrage.
@bitrage. 2 жыл бұрын
Probably a stupid question but i know NOTHING about this industry... For the stuck pump rod cant you just use a jeep jack or floor jack and rig a line around rod slowely jacking up then move gripping line down amd Jack up again until its out?? Like instead of paying for pull rig???
@OilMutt
@OilMutt 2 жыл бұрын
I’ve actually looked at making something like that
@bitrage.
@bitrage. 2 жыл бұрын
@@OilMutt Look up "Bac Industries Field rod/post puller BG-15"... Its probably not strong enough for your use case, but you could copy and modify design with stronger materials... There is also a "Jackco Pulling power package" that comes with a hydraulic portapack and anchor pots.
@NicolasDalby-g3g
@NicolasDalby-g3g Жыл бұрын
No you just get rig in there and strip it out.
@jerryhurst2279
@jerryhurst2279 2 жыл бұрын
Fascinating stuff!
@wintermaryland3619
@wintermaryland3619 2 жыл бұрын
Wind is bad for sound
@tubeDude48
@tubeDude48 2 жыл бұрын
Just subscribed! Where are you located? There's another guy named Zach that's in North tx somewhere.
@OilMutt
@OilMutt 2 жыл бұрын
North Texas area. Zach life is one of my favorite channels!
@MalluStyleMultiMedia
@MalluStyleMultiMedia 2 жыл бұрын
Wow ..excellent video..🔥🔥🔥 I have no clue about these things .. just trying to learn .. thanks for the info By the way, what’s your opinion on buying land with an active oil well. I mean i don’t know how much production is there or anything but I was thinking the land itself could be valuable. Just in case there’s no oil, can we use the land for something else? And on a 10 or 20 acre land, what else can be done while there’s an active oil well?
@OilMutt
@OilMutt 2 жыл бұрын
It all depends on the lease and minerals. There’s a lot to that question
@davidsanders2547
@davidsanders2547 2 жыл бұрын
Do you know any reputable operator’s to invest in drilling new wells
@OilMutt
@OilMutt 2 жыл бұрын
NAPE is best bet
@adamsbackcountryliving
@adamsbackcountryliving 2 жыл бұрын
the Zack life can fix any thing
@Theunitedstatesofamerica1776.
@Theunitedstatesofamerica1776. Жыл бұрын
Noted
@elonmust7470
@elonmust7470 2 жыл бұрын
What kind of leases can I get for the area of $250,000?
@OilMutt
@OilMutt 2 жыл бұрын
Can get decent leases. The main thing is buying wells that still are good at $60 oil
@elonmust7470
@elonmust7470 2 жыл бұрын
@@OilMutt Hey thanks for the response. I was just talking with a friend about your videos. Shared some with him! As for the issue you posed; would it be better to focus on smaller, or shallower wells in greater numbers, instead of larger setups? Or is it just a matter of production in general? Just thinking out loud, excuse the (possibly) stupid questions. I've got a good year at minimum to study up before I start actively seeking out potential leases. I want to be as prepaired as I can! Do you have any content on selling in's & outs? I've got a long standing investment relationship with XOM & in my own mind, selling to them pleases me. Not sure if there'd be any further benefits, that's because I don't know much about this scene! Again, thanks for sharing the knowledge!
@SmallMartingale
@SmallMartingale 2 жыл бұрын
Super interesting
@OilMutt
@OilMutt 2 жыл бұрын
More coming, I took down this video and edited it to cut a lot of the boring stuff out
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