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Kaes Van’t Hof, chief financial officer of Midland-based Diamondback Energy, presciently observed in February that “we could run the gas price to zero in the Permian and still make great returns on oil wells.”

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I do this blog stuff for fun, not to make money. I am not trying to sell you anything.  

The materials provided on this site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.  I may make data related mistakes  occasionally; if you use my opinions about oil reserves or shale well economics for financial purposes, to buy or sell stocks, your nuts. Don't do that. If I have used a photograph incorrectly it was for educational purposes and I have done my best of to give credit where credit is due. My stories are all true, slightly embellished, perhaps, but true; I don't change names to protect the guilty. I am as accurate as possible about history and historical facts; I work very hard at that.All rights are reserved, whatever that means.  Don't blame me,  I didn't do it.   

                                                                                                                                                     Mike Shellman 
Copyrighted 2017; Oily Stuff Blog and Oily Stuff Productions; San Marcos, Texas 
Header Photograph by Robert Flaherty
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