NEWS  STUFF      

U.S. Drilling Total
For 2020 Will Be Lowest In More Than 80 Years
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Why Saudi Arabia Wants to Scare Oil Traders
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Frac Ban in the Permian​
If It Happens New Mexico's Share Of the Delaware Basin Gets Hurt the Worse
 

Good Stuff, Read This ! 

Shale Asset Buyers Disappear
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RECENT POST STUFF

Cartoon Of the Week

September 21, 2020

National 50's

September 21, 2020

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CHART  STUFF

  Lea County, New Mexico Horizonal Wolfcamp A wells.  The EUR of the parent wells gets 
  whacked when child well spacing is reduced 50%, from 1600 feet to 800 feet. 

   QUOTE  STUFF

 "There are still too many (shale oil) CEOs per barrel of oil equivalent,"

 Chevron CFO, Pierre Breber

VIDEO  STUFF 

All the ranchers where I operate are not beneath asking when I am going to drill another oil well somewhere because they all know as soon as I  spud...  it will start raining

cats and dogs. 

We thought we had a green light for this little well and out of nowhere it came a turd floater and  rained for 3 days straight;  seven inches total. It was a nightmare but we got it done. 

This is the life of stripper well 

operator; we always find a way.

POSTS

September 10, 2020

phenomenon

[fəˈnäməˌnän, fəˈnäməˌnən]

NOUN

phenomena (plural noun)

  1. a fact or situation that is observed to exist or happen, especially one whose cause or explanation is in question.

    "glaciers are unique and interesting natural phenomena"

    synonyms:

    occurrence · ev...

March 18, 2019

Last week in Houston Secretary of State, Mike Pompeo, made a remarkable keynote speech to a large audience at CERAWeek. You may read his speech, in its entirety, by clicking on the image above and I urge you to do so. 

"The Trump administration is working strongly,...

November 25, 2018

 With enough money we can turn this desert in Kuwait...

...into something like this.

Or this beautiful part of West Texas...

into this mess...

In the case of the US shale oil phenomena, low interest money from credit has mistakenly caused pundits and oil analysts to lewd i...

September 4, 2018

Above is a  2017 photo of cold-stacked drilling barges in Morgan City, Louisiana; innocent bystanders of the US LTO drive-by-shooting where overleveraged oversupply of shale oil drove the price of WTI  down from the low $90's to the high $30's in late 2014-2015. Over 2...

August 10, 2018

I am fond of Scotland; I sent some spit somewhere in a cup many years ago and damn if my old folks aren't from there. Once a year, in the summer, I like to watch weenie golfers suffer in the cold, sideways rain in the British Open on TV and Scotland  makes some delight...

Every country in the world in the business of producing oil wants high, stable oil prices.  President Trump needs high oil prices to "dominate" the rest of the globe with American LTO exports; the KSA has a pending IPO it needs to sell and other countries, like Venezue...

April 14, 2018

"The United States Energy Information Agency (EIA) disseminates its data products, analyses, reports, and services to customers and stakeholders primarily through its website and the customer contact center. Located in Washington, D.C., EIA has about 325 federal employ...

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"The blog is one of the best for me personally; Mike is the Huckleberry Finn of the drilling industry."  James Regan

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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