Day 31 – Payson Petroleum’s Brown #1 Oil Investment Update
Days From Spud: 31 Activity at Report Time: Setting Casing to 10,480’ Progress: Casing has been delivered Day Summary : Yesterday we finished logging early afternoon and spent the afternoon having several experts in the Grayson County area review all the data that we got from the logs. After we collectively decided that the logs ...
Payson Petroleum – How does well completion work?
Once a well has been drilled, the decision must be made: Will this well become a producer or be plugged and abandoned as a dry hole? Should the operator decide to move forward with developing the well, completion operations must be undertaken. Well completion incorporates the steps taken to transform a drilled well into a ...
Brown #1 Oil Investment Update – Matt Griffin Setting Pipe
CEO of Payson Petroleum, Matt Griffin, gives an update and description of the process for setting production casing for
Brown #1 Oil Investment Update by Matt Griffin – Day 30
CEO of Payson Petroleum, Matt Griffin, gives an update and description of the logging process for the Brown #1 Oil
Payson Petroleum’s Brown #1 Oil Investment – Day 30 – Well Logging Day
http://www.paysonpetro.com/ Day 30 of drilling the Brown #1 Oil Investment in Grayson County Texas. We drilled
Day 28 – Payson Petroleum’s Brown #1 Oil Investment Update
Days From Spud: 28 Activity at Report Time: Drilling at 10,451’ with a 8 3⁄4 PDC Bit Progress: 151’ in 24 hours Day Summary : We should be on the bottom of the hole (TD) sometime today. The plan is to spend some time cleaning the hole and conditioning it to ensure a smooth logging ...
Payson Petroleum – How does a drill bit work?
A drill bit is what actually cuts into the rock when drilling an oil or gas well. Located at the tip of the drillstring, below the drill collar and the drill pipe, the drill bit is a rotating apparatus that usually consists of two or three cones made up of the hardest of materials (usually ...
Day 24 – Payson Petroleum’s Brown #1 Oil Investment Update
Days From Spud: 24 Activity at Report Time: Tripping back in hole at 9684’ with a NEW 8 3⁄4 PDC Bit Progress: 20’ in 24 hours Day Summary : As of 6 AM this morning, we were in the process of putting a new PDC bit on as well as a new Baker Hughes Down ...
