At $80 WTI the Hockley well in Duval County will ultimately have a return on initial investment of 400% or more (4:1), produce for 35 years with an annualized decline rate of <4%. I've drilled them. I know what they cost.

The Diamondback wells cost $15 MM each, including land costs that occurred with the Endeavor M&A. They may require 3 strings of casing given where they are and if there are issues drilling thru the San Andres and Upper Spraberry. They'll be lucky to produce 20 years, max, before reaching economic limits and decline by 90% within 3 years. At $80, full cycle, those wells will have a 50% ROI (1.5:1). $15/$7.5.20=2.5-3.0 % annualized rate of return before taxes.

If you were working out of your own personal check book this is the way you would compare the economics; the shale sector, of course, will make those monster IP…

This is some whacko stuff from the Energy Inaccuracy Administration.

This imaginary 2025 growth will have to come from an already over drilled, pressure depleted Permian Basin as all other shale oil basins in the U.S. are in decline.

So, rig counts in the Permian will have to increase, starting tomorrow (remember 6–8-month lag times) and total rigs will have to be higher than they have EVER been in the Permian. Where are they going to drill all these wells and to what benches when well productivity on every level is now falling significantly?

Last thing...before the United States can grow 500,000 BOPD next year it first has to REPLACE, 4.1 MM BOPD of tight oil production that will decline from 1H2026 to 2H2027. That is the annualized legacy decline rate for tight oil, about 38% per year and growing.

So, what the EIA is actually trying to make you…

I have shown you some stuff from this fella before. He's good and this particular clip is good.

I've gone over all this oil and LNG export stuff with you before, many times over the years; resources in America are horribly mismanaged and the abundance bull shit this administration promotes is simply not the truth. We have put a pack of coyotes in charge of guarding the last of our resource chickens in this country, from Washington down to Austin, and the chickens are starting to disappear.

Mr. Global chose a different path than I had, have time for and as my friends tell me these days people would rather watch, than read. Reading takes too much time. So as this fella is now on his way to Washington D.C.; I hope he does not back down. I wish him the very best of luck.

According to both Chevron's CEO and Exxon's SVR, oil stocks are getting very low. in 2-3 weeks, the cushion will be gone and it will take 4 months to get the oil markets settled down. This will shoot oil up to $150-160 overnight. We are reaching the shortage danger zone. Trump has to shit or get off the pot.

Well control hands don't take a lot of photographs, sadly, and no video. They're all too busy working. And most companies having the problems don't want the publicity or anything that might be used against them down the road somehow. We're often told, no photographs and no talking about it.

Sometimes rig hands and personal on location that had a lot to do with the blowout in the first place take a few photos, but it's always from a quarter mile away where they won't get hurt.

Kuwait was an exception to that and a lot of good photos of production wells on fire are floating around. The great Algerian fire in North Africa in 1964 had a professional photographer that shot black and white stuff that was breathtaking but now owned by Getty and prints can cost up to $5000 each, and more. If you steal one off the…

In a perfect world, are we at Peak Oil? No, not quite—but it's not a perfect world.

 "It means buckle your seatbelt, Dorothy, 'cause Kansas is going bye-bye."

-Cypher

I get a lot of criticism for suggesting the United States is on the threshold of crude oil and condensate scarcity. A whacko peak oil nut, I am called.

The key word is affordable crude oil and condensate. Profitable oil to find and produce. Indeed, we'll never run out of oil, that is a stupid concept used to deflect from reality. There are depleted oil fields in the country that would produce millions of barrels per day, in 4 BOPD increments. So what? We're not ever going to run out of oil.

The government does not "subsidize" companies to produce oil in America; that's liberal dung heap. We don't get checks in the mail to drill wells.

Private enterprise and capitalism in the U.S. are in charge of our hydrocarbon resources. It has to be profitable, this extraction, or it fails. I know that is difficult to understand given the…

"Surging" U.S. Shale Oil Production"

"Drill Baby, Drill Is Finally Working"

"Tight Oil Opens the Taps"

Those are some of the headlines the past two weeks as higher Iran induced oil prices are supposedly adding more rigs, completing more DUCs and coming to the aid of a desperate world in need of more cheap American oil.

If you read the Midland paper article, you'll see that 50% of natural gas produced in Texas is exported either by LNG or by pipe to Mexico.

(Pressure) depletion in the Permian Basin is the real deal. Well productivity is falling and decline rates have never been higher. The crap in the article about increasing well productivity in the Permian is a stoopid EIA metric that does not account for DUCs being completed that require no rigs.

Eagle Ford productivity is down nearly 26% in 2025, BOE per perforated foot, or lateral foot, either one. From the Texas part of the Delaware Basin out West, down 14% in 2025 and down nearly 8% in the Midland Basin. Produced water volumes are pushing 28 MM BPD.

Exports do NOT lower hydrocarbon prices for the American consumer, that is a lie. Over half U.S. oil exports go to NATO countries in Europe,…