On Friday, November 7, 2020 we treated the GOEN LIME section in the Pace #102 Well with 3,000 gal of 15% HCL Acid. The well was shut-in allowing the treatment to “COOK”. Once the treatment was “SPENT” we proceeded to run 3 fluid test swabs before conditions were too dark to safely operate. The well […]
News
Current Conditions: saturated fields due to thunderstorms. Looking forward to clear skies soon so the hard work can continue. #oilandgas #usoil #oilandgasindustry #drilling #WTI #oilfield
WTI Oil Futures a Huge Boom
(Please Click Link Below) WTI Oil Futures a Huge Boom
Great footage of our wells down in Wichita Falls, TX. #G2Petroleum #TXOil #Drilling #Oldoilisthenewoil #Oilandgasprospects
Where does the demand for oil stand now? #G2Petroleum #Oldoilisthenewoil #USA #Oilconsumption #Petroleum #WTI #WTICrude #Demand #Energy
Rise early. Work Late. Strike Oil. #G2Petroleum #Oilandgas #Drilling #Mining #Oldoilisthenewoil
News Flash
News Flash Oil surges 20%
NEW Pace Lease – G2 Petroleum
NEW! Pace Lease Wichita County, Texas Pace #101 Well 3 Productive Zones KMA II – 53’ of pay KMA III – 17’ of pay Goen Lime – 6’ of pay Set pipe Monday May 11th, 2020 – Waiting on completion
Total U.S. Energy Consumption in 2018
Americans consume oil and gas more than any other energy source by a large margin. According to the EIA, petroleum and natural gas account for 67 percent of U.S. energy consumption and 63 percent of total energy production. Renewables are the source of only 11 percent of current energy consumption in the U.S. and […]
Why Today’s 300% Oil Price Crash Isn’t As Bad As It Seems
By Julianne Geiger – Apr 20, 2020, 5:00 PM CDT Oil price futures slipped into negative territory on Monday – a shocking oil-market first – making previous doom and gloom forecasts of OPEC’s too-little-too-late production cuts now seem like sober predictions rather than overzealous fearmongering. But are negative oil prices here to stay? A […]
