13. Well Study Review >650,000 wells
Now, the well study also came up with some of the other factors, 2 things here. First is that in a completed and producing well, the most frequent failure, and we've seen this on several studies, is the connection leaks, either the tubing or the casing. And the reason for that is most of the tubing and casing was an 8-round or another type of thread that depended on pipe dope to be able to seal it. Well, pipe dope only has a limited lifespan depending on the conditions of the well and what's produced. But nonetheless, look at that and see what has gone on there, because we've got 100 year old wells that still produce and don't leak, but we've got newer wells that we have problems with. So we've got to identify those activities that really gave us a problem. The other factor in that is on the side under Figure 6 and this is the range of failures by well type. And I've gone back and really looked at the temperature of the well, what it was flowing, if it had a subsidence factor in it and if it had been frac'ed or multiple frac'ed. And basically when you do that, you'll see a lot more failures where you have, for instance, fire flood or cyclic steam or high pressure, high temperature and a lot less when you get down on modern wells, particularly those completed in the last maybe 10 years or so that really were of the era where we had learned how to get good cement jobs and get good isolation and to design the casing to stand all the forces. So the era of construction is something we need to pay attention to.