U.S. Drilling Total
For 2020 Will Be Lowest In More Than 80 Years
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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 ! 

Why Saudi Arabia Wants to Scare Oil Traders
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Shale Asset Buyers Disappear
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RECENT POST STUFF

Oily Stuff's 2020 Presidential Endorsement

September 30, 2020

Quack!

September 28, 2020

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CHART  STUFF

Oasis Petroleum balance sheet at 2Q 2020, from SEC;  it owed more than it was worth. What's the best way to fix this? File bankruptcy and wipe $1.8 billion of debt off the books. Its a beautiful thing, man. Shareholders are giddy....
the stock is trading at two bits a share today, down from nearly $16 a share in 2016. Oasis CEO and management deserve a bonus and a big-time retention plan for THIS fine work. See small print below: 
PS: theres LOTS of shale oil E&P's that now owe more than they are worth. 

   QUOTE  STUFF

“Oasis Petroleum Take Action to Strengthen Balance Sheet...” 

Press Release From Oasis Petroleum on Filing Bankruptcy

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

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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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     Header Photography by

             Robert Flaherty