top of page
 Stuff  To Think About 
BOP on the computer.q jpg.jpg
OILY+STUFF+PAGE+1%2C+Photo+1%2C+Mike+%28o%29_edited.jpg
Video Stuff
Mike's Hands, 2021 Freeze  (2).jpg
Credits Linked.png
Stacked Tubing.jpg
  Quote Stuff 

“To turn around the decline in the volumes being discovered, success is needed in new basins and plays that will require creative thinking, use of new technologies, and a continued appetite for risk,” the report said. It noted that the contribution of large discoveries to global oil and gas supply has fallen from 33% to just 11%, even as overall production continues to rise.

​

“Exploration has become more efficient,” the report added, “but the decline in discovered resource reflects a diminishing global opportunity set which is not being renewed with sufficient large-scale drilling opportunities.”

JPT.png
Cook Grayling 1985 Ken Grasham.gif
1750260878-us-demand-generation-figure_june-2025.png

Texas keeps getting stupider every day. 

​

Oil exports from the Permian Basin were up to 4.3MM BOPD last week (EIA). We are in a severe, prolonged drought and depleting ground water in West Texas for frac source water, to increase exports, like there is no tomorrow.

The governor is proposing to build a pipeline from the Houston area, itself with significant water problems, to West Texas to provide more water for frac'ing. 

Produced water in the Permian Basin is near 25 MM BPD and injection of this produced water, for disposal, still causes constant earthquakes,

a 5.3 never Toyah just two weeks ago.

Flaring and venting of associated gas is still abundant in the Basin for lack of gas takeaway; what is taken away goes to the Gulf Coast for LNG exports.

In the meantime, to run more cost effectively, and profitably, and export more oil and gas to foreign countries, drilling rigs are now able to plug directly in the West Texas grid, as well as electrified frac spreads. This has caused a 20% increase in electricity demand in West Texas the past three years. 

 

You could not make this all up if you were writing fiction.

​

https://oilprice.com/Energy/Energy-General/The-Permian-Basin-is-Fueling-Americas-Electric-Future.html

​

​

Untitled.png
IMG_0968.JPG
 Sign In:  
Readers can subscribe to the blog to
to receive notices of posts and can become a site member to participate in forum discussions. Sharing your email address would be dishonest and I don't do that kind of stuff. You can unsubscribe anytime, for any reason.
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
Page Photograph by Mike Rasco
Website Design by
Oily Stuff Productions @ 2020 

 
  • Vimeo
  • Twitter
  • LinkedIn
bottom of page