NEWS  STUFF

As Oil Bankruptcies Surge, Vulture Investors Start Their Long Feast
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Mixing Oil and Water
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U.S. Oil Production Has Already Passed Its Peak, Occidental Says
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RECENT POST STUFF

Cartoon Of the Week

October 20, 2020

Orange County; 1913

October 19, 2020

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CHART  STUFF

Self explanatory: the US shale oil phenomena has NEVER made any profit in its existence and we are set to see
equity, debt and important US reserves get wiped off the books the next 14-15 months thru bankruptcy. 
Please notice how asset impairments begin 2H15; the shale oil industry is going backwards. 
We're dialed in to the future of hydrocarbons in the United States here at Oily Stuff and its going to be a problem, trust me. Folks that believe oil prices are going to help a capital intensive sector like shale oil, are wrong.
 
If I could find something good to write about the shale oil biz, I would write it. I can't. 

   QUOTE  STUFF

"Exploration & production people need to be saved from themselves. Otherwise they would drill & complete wells until they were broke again." The Financial Times

VIDEO  STUFF 

Ms. Catherine's IFR Drone Skills 

POSTS

October 4, 2017

This is a short video used in the presentation, THE HISTORY OF OIL WELL FIREFIGHTING AND BLOWOUT CONTROL. From 2001 to 2008 I must have given this presentation to 10,000 people or more, from San Diego to Bismarck, Four Lauderdale to Houston. Once in Perth, Western Aust...

October 3, 2017

This photograph pretty much sums up the current state of America's domestic oil industry. The ship is an empty VLCC class oil tanker being piloted thru the Corpus Christi Ship Channel on its way to load unconventional oil produced from  the Eagle Ford shale play in Sou...

September 29, 2017

Don't be fooled by how beautiful Catherine is; she is a hell of an oilfield hand. She can tally pipe, weigh and take viscosities on drilling mud, use a cutting torch, weld and manage selective perforating tasks using cased hole gamma ray, CCL logs. She loves the oilfie...

September 22, 2017

Myron M. Kinley 1898-1978

AT 2:00 AM on the morning of 29 June 1936  the National Oil Company, St. Louis, Brownsville and Mexico Railroad No. 1 well in Refugio County, Texas was drilling ahead at 4,354 feet when an over pressured gas sand was encountered and the well bl...

September 21, 2017

Felix Resources, LLC, drilled and completed a horizontal STACK shale well in Blaine County, Oklahoma in 2015. The well was believed to be completed in the Meramec formation at a total vertical depth of 8,800 feet. When frac'ed the job traveled up, out of zone...

September 19, 2017

I carried a 'diary' with me on blowouts and fires when I worked for Boots Hansen and Coots Matthews in the 1990's. My friends, David Thompson, the late, Joe Carpenter and I went on a little job in Bolivia one time in 1996; flew first to La Paz which I recall was over 1...

September 18, 2017

This is one of our favorite videos at Oily Stuff. We like the music, but we like the message too; that the oilfield never sleeps. It goes around the clock, seven days a week, rain or shine.

Life for stripper well operators in America is slowly being lost; older generat...

September 15, 2017

By way of introduction, this is Enno Peters excellent website, shaleprofile.com, which can be seen in its entirely by clicking here: https://shaleprofile.com/index.php/2017/09/12/eagle-ford-update-through-may-2017/

Enno has created a rather unique way of presenting actu...

September 12, 2017

Times are a changin' and Americans want  to move away from fossil fuels as soon as possible. The anti-oil agenda is strong and growing in our country. When polled, most Americans care more about the environment than they do their own financial security and hydrocarbons...

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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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             Robert Flaherty