Inside the Biggest Oil Meltdown
     in History
Saudi Arabia Faces an Unprecedented Crisis
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Oil’s Sudden Rebound Is Exposing the Achilles’ Heel of Shale

ExxonMobil, Pioneer Propose A Methane Monitoring Network For Texas Oil Fields


Kinley in Romania; 1931

May 24, 2020

A Glimpse At Current Debt Restructuring In the US Shale Oil Sector

May 22, 2020

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Returns offered to shareholders from oil and natural gas E&P's began deteriorating in 2010-2011 and could not keep up with the S&P 500 Index. That likely occurred because of the 'growth over profit' business model and when the shale sector started to become heavily debt ridden. Now it does not help that it costs approximately $20 billion per year for the shale oil  sector alone just to service  debt. Thats $55MM per stinking day in interest !! 


"Such is America’s reliance on new drilling that 55% of the country’s shale production is from wells drilled in the past 14 months, according to" Bloomberg 


The oilfield can be an entire  symphony of different sounds, all of them very unique to the trained ear... and quite mesmerizing to the untrained ear.

The sound of a gas flare during a test, of air slips and  tongs, of tubing sliding down casing, of triplex pumps...

February 4, 2019

If you knew what this little covey of Eagle Ford wells in deep S. Texas cost (I do), after five years how much longer it will take to reach payout (as in... never) and if you were the lender that approved the loan to get these wells drilled... you might by now very wel...

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Who's Stuff Is This?

" I was born and

raised, literally,

in the oilfields of

South Texas over

68 years ago.

I have pretty

much seen, and

done, it all."

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    NIGHT SHIFT        the video 

     Header Photography by

            Robert Flaherty