"Its an absolute, costly bitch to move these things...." ...but they have little to do with monthly completions. The idea that one rig can drill 1.3997 wells per month and that is the way to predict the future is sort of dumb. Some wells get drilled fast, incredibly fast, others have ma

So how's that market dominance thing going? We've apparently started a war in Venezuela with Maduro looking for oil next door to sell to Biden. Ironically it isn't the oil the US refineries need. You couldn't make this stuff up if you tried. Can we try capitalism for a change where compa

I guess better late to the party than miss it altogether.

Goldman's latest supply forecast - up 1 million for 2023 (I'll believe it next April if I see it in the real numbers), but only .3 million in 2024. That means drilling hard enough to make up for .7 million of 2023 decline, plus the .3 million we're supposed to add to our exports. My personal

Apparently P66 (most likely their DCP Midstream sub) forgot to report this, and Bloomberg's helping them out. There will be more eyes in the sky next year. Apparently outsiders are able to see these better than the Texas RRC. Should be some business opportunities fixing these. Marketing t

I am sorry I have to take these things down from time to time to make room for new things. For the past 2 1/2 years the Bone Springs in Lea and Eddy Counties in New Mexico have been getting hammered with wells; 1/3rd of all Permian HZ production comes from these two counties and Lea County the fir

https://ngladvisor.com/ Anne Keller is a supporter of Oily Stuff and an occasional commenter with good insights. This is her website and I'd check in on it from time to time if I were you. No fibbin' goes on here. Anne smart, I've seen her go toe to toe with Art Berman; she'll let you know wha