Red Fork Production, LLC
As a company, Red Fork Production is in the business of Resource Balancing. We are deeply affected by the balance of nature, both above ground and below. We work very closely with our land and our mineral owners, and are very careful to create a positive impact in our operations. We exercise more care and prudence than is expected of us by the various regulatory agencies, not because we are forced, but because we believe. We initiate, develop and maintain a mutually beneficial relationship with our surface and mineral resource partners. We are cognizant of their concerns, and we initiate many permanent improvements to their domain. In addition, all phases of our operations are geared toward protecting the Asset, and we exercise every practice to conserve and maximize reservoir drainage to achieve the greatest recovery of our planet’s scarce hydrocarbon reserves.
Finding Oil
Finding Oil
The task of finding oil is assigned to geologists, whether employed directly by an oil company or under contract from a private firm. Their task is to find the right conditions for an oil trap -- the right source rock, reservoir rock and entrapment. Many years ago, geologists interpreted surface features, surface rock and soil types, and perhaps some small core samples obtained by shallow drilling. Modern oil geologists also examine surface rocks and terrain, with the additional help of RadioMetrics Plus™.
Verifying the Geology with RadioMetrics Plus™
RadioMetrics Plus™, which is enhanced Gamma Ray Spectrometry, is the measure of variances in the natural radiation emanating out of the earth’s surface. For any geographical area on Earth there will be a given radioactive concentration known as the background level. Variations either above or below the background level can indicate the concentration of certain substances in the subsurface. In oil exploration, one looks for dramatic drops in the background level. This phenomenon exists because hydrocarbons (oil and/or gas) absorb the radioactive emissions, thus lowering the background level.
In the last five years well over one billion barrels of recoverable oil have been identified and subsequently discovered by the use of RadioMetric’s Plus™. This is a valuable tool in our arsenal, and we are grateful and humbled to have as partners Mr. Dunbar (who is a distinguished Petroleum Geologist and Geophysicist) and Mr. Metcalfe (who is a renowned Petroleum Engineer). Their presence and support certainly help spell success for our endeavors.