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YATES...... http://en.wikipedia.org/wiki/Yates_O

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Post# of 39368
Posted On: 11/01/2013 11:19:28 PM
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Posted By: BULL2222

YATES......

http://en.wikipedia.org/wiki/Yates_Oil_Field



Production from the field peaked in 1929, with a total production of 41 million barrels (6,500,000 m 3 ) of oil. That year also saw the spudding of well Yates 30-A, which blew out with the spectacular flow of 8,528 barrels (1,355.8 m 3 ) per hour, and over 200,000 in a day , setting the world record; even the Lakeview Gusher at the Midway-Sunset field in California, which spewed a total of approximately 9 million barrels (1,400,000 m 3 ) in its 18-month uncontrolled run, only attained half of that daily flow rate. Because of the high production rate from the field and lack of storage and transport, the State of Texas Railroad Commission – the entity that oversees petroleum production – required a proration of the field for the first time in Texas history. Under this rule, all operators were given an equal share in the pipeline outlet based on what their wells could produce, based on the total field production. Additionally, operators were restricted in the depth they could drill into the cavernous reservoir, to give each an equal advantage. [ 8 ]


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