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Houston..we have a problem....

7,316,113 Views | 28750 Replies | Last: 1 day ago by Bibendum 86
nu awlins ag
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Voting with your heart instead of your head gets you this. It may well be a minor inconvenience but why put states and companies through this. There's no talking logic and common sense to these people as they lack total brain function.
Jaydoug
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nu awlins ag said:

It may well be a minor inconvenience but why put states and companies through this.
. It wins one side votes. That's the goal. A successful ones. They are drilling for votes

Comeby!
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The bubble plots and Truist table doesn't seem to match, does it?
Birdbear
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Comeby! said:

The bubble plots and Truist table doesn't seem to match, does it?


If you go through EFT guy's methodology it's clear that the Truist table is going to be more accurate. Non-NM acreage was not considered and the acreage # was estimated from well locations only.

Cool coding demonstration I guess but the results are very misleading if you don't read all the little caveats in his explanation.
Houston Lee
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Don't worry fellow oil and gas peeps. Biden says we can "find another job"



plain_o_llama
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People having fun with the idea of Musk and SpaceX drilling for natural gas


https://www.marketwatch.com/story/elon-musks-spacex-plans-natural-gas-drilling-in-texas-report-2021-01-22

Elon Musk's Space Exploration Technologies Corp., or SpaceX, has plans to drill for natural gas in Texas, Bloomberg reported Friday, citing a hearing before the state's energy regulator. The drilling would be done close to the privately held aerospace company's launchpad and through a SpaceX subsidiary, Lone Star Mineral Development. But it has yet to start due to a dispute with Dallas Petroleum Group, which claims ownership of some inactive wells on the same land, Bloomberg said. Earlier this week Musk, electric-car maker Tesla Inc. TSLA, +0.20% chief executive, tweeted that he'd donate $100 million toward "the best" carbon-capture technology. Musk announced last year he had moved to Texas, where Tesla is building a factory outside the capital Austin. According to news reports this week, SpaceX, also through Lone Star Development unit, also recently bought two oil rigs, likely to convert them to support SpaceX's programs.
Comeby!
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That's exciting. I'm game for that. Armageddon here we come.
thepartygoat
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plain_o_llama said:

People having fun with the idea of Musk and SpaceX drilling for natural gas


https://www.marketwatch.com/story/elon-musks-spacex-plans-natural-gas-drilling-in-texas-report-2021-01-22

Elon Musk's Space Exploration Technologies Corp., or SpaceX, has plans to drill for natural gas in Texas, Bloomberg reported Friday, citing a hearing before the state's energy regulator. The drilling would be done close to the privately held aerospace company's launchpad and through a SpaceX subsidiary, Lone Star Mineral Development. But it has yet to start due to a dispute with Dallas Petroleum Group, which claims ownership of some inactive wells on the same land, Bloomberg said. Earlier this week Musk, electric-car maker Tesla Inc. TSLA, +0.20% chief executive, tweeted that he'd donate $100 million toward "the best" carbon-capture technology. Musk announced last year he had moved to Texas, where Tesla is building a factory outside the capital Austin. According to news reports this week, SpaceX, also through Lone Star Development unit, also recently bought two oil rigs, likely to convert them to support SpaceX's programs.



Looks like dirty sanchez and the boys are back at it again....
insulator_king
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ttha_aggie_09 said:

http://www.pgjonline.com/news/2021/january/biden-formally-revokes-necessary-keystone-xl-permit-ottawa-disappointed

So it begins...

I found this quote ironic.

Canadian Prime Minister Justin Trudeau said on Tuesday that Canada was pressing people at the highest levels of Biden's incoming administration to reconsider canceling the project.

Jobs and money for the Justin now matter more than the Greenie movement.
one MEEN Ag
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insulator_king said:

ttha_aggie_09 said:

http://www.pgjonline.com/news/2021/january/biden-formally-revokes-necessary-keystone-xl-permit-ottawa-disappointed

So it begins...

I found this quote ironic.

Canadian Prime Minister Justin Trudeau said on Tuesday that Canada was pressing people at the highest levels of Biden's incoming administration to reconsider canceling the project.

Jobs and money for the Justin now matter more than the Greenie movement.



It was never about the green movement. It was tribes throwing a fit for not getting a cut of the profits and opportunistic politicians thinking they can talk out of both sides of their mouths. The true believers are few and far between.

Just see how the native groups have turned 'pro oil/gas' when they realize their moneymaker is actually coming to a halt.
atmtws
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Quote:

It was never about the green movement. It was tribes throwing a fit for not getting a cut of the profits and opportunistic politicians thinking they can talk out of both sides of their mouths. The true believers are few and far between.

And don't forget Obama's big pal, Warren Buffet, who owns all the railroads that are transporting the oil that cant be piped.
Ag13
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Diamond Offshore announced restructuring plans:

Press release:

http://investor.diamondoffshore.com/static-files/22fa3071-80be-4169-b6c3-6871387faa72

8-K:

http://investor.diamondoffshore.com/static-files/2dd910c6-2bee-4676-add4-7024a9a08f5a
badharambe
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Sooooooo like this:

planoaggie123
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badharambe said:

Sooooooo like this:


This land is your land....this land is my land...
Irish 2.0
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aduey06
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I know this is a long shot but anyone have experience dealing with NORM in the Middle East.

On a larger industry perspective how much of a shift does everyone think there will be to international projects. Where does Exxon's and chevrons grand plans for the Permian go from here.
Ag$08
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Offshore Africa and South America?
aduey06
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Both and all international. I have worked us onshore for the last number of years and don't know if I should be trying to push and get on international projects.
Wocka Wocka
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I am headed to Doha later this evening to begin a new expat assignment. I will do seven days of quarantine then be relatively free to move about the city.

Does anyone on the board have any experience in Doha? I am a 33 year old, single male with expat experience in Southeast Asia; however, this will be my first long term assignment in the Middle East.

Are there any suggestions on social clubs, neighborhoods, expat haunts, etc.?

Main focus will be O&G in the morning, then golf in the mid afternoon.
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Comeby!
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How much? Asking for a friend.
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AgLA06
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Comeby! said:

How much? Asking for a friend.


You made me spit coffee.
Killin Me Smalls
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Wocka Wocka said:

I am headed to Doha later this evening to begin a new expat assignment. I will do seven days of quarantine then be relatively free to move about the city.

Does anyone on the board have any experience in Doha? I am a 33 year old, single male with expat experience in Southeast Asia; however, this will be my first long term assignment in the Middle East.

Are there any suggestions on social clubs, neighborhoods, expat haunts, etc.?

Main focus will be O&G in the morning, then golf in the mid afternoon.
souq waqif is a cool open air market.
Comeby!
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AgLA06 said:

Comeby! said:

How much? Asking for a friend.


You made me spit coffee.


Hey we need some comic relief around here. The industry is in a tailspin right now.
FHKChE07
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In my experiences, the russians were always too expensive for my blood. But that was also in SE Asia. Maybe they are cheaper in the ME.
CaptnCarl
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Any of you own QEP stock? Thinking about buying some as a back door with FANG. Wishing I bought them back in October.
drill4oil78
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Wocka Wocka said:

I am headed to Doha later this evening to begin a new expat assignment. I will do seven days of quarantine then be relatively free to move about the city.

Does anyone on the board have any experience in Doha? I am a 33 year old, single male with expat experience in Southeast Asia; however, this will be my first long term assignment in the Middle East.

Are there any suggestions on social clubs, neighborhoods, expat haunts, etc.?

Main focus will be O&G in the morning, then golf in the mid afternoon.
You will definitely miss your SE Asia experience and cost for female entertainment.

tamuags08
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https://www-forbes-com.cdn.ampproject.org/c/s/www.forbes.com/sites/arielcohen/2021/01/27/biden-may-kill-a-quarter-of-us-oil-and-gas-production/amp/
ChemAg15
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Cutting our production without cutting demand. Genius. OPEC will be thrilled. I wonder how the new administration will profit from this. I assume they are paid by foreign actors to push this agenda while the propaganda machine convinces the masses this is saving the planet.
ttha_aggie_09
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While I suspect foreign actors are involved, I think the main driver is the economic feasibility of alternative energy. Until gas gets back to $4/gal+, renewables and alternatives don't have a chance, unless subsides are massive.
JAggie2007
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ttha_aggie_09 said:

While I suspect foreign actors are involved, I think the main driver is the economic feasibility of alternative energy. Until gas gets back to $4/gal+, renewables and alternatives don't have a chance, unless subsides are massive.
There ya go.
Fredd
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ttha_aggie_09 said:

While I suspect foreign actors are involved, I think the main driver is the economic feasibility of alternative energy. Until gas gets back to $4/gal+, renewables and alternatives don't have a chance, unless subsides are massive.


Do you all think fringe shale acreage is set to become more active once commodity prices rise? I'm thinking of plays like:

-SCOOP/Merge
-Central Texas EF
-Shallow Permian

Should be interesting to see how this plays out.
Cyp0111
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The Oklahoma stuff has minimal upside given challenges with scale density tests on acreage and likely landing spot of 2-3 per pad.
ChemAg15
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ttha_aggie_09 said:

While I suspect foreign actors are involved, I think the main driver is the economic feasibility of alternative energy. Until gas gets back to $4/gal+, renewables and alternatives don't have a chance, unless subsides are massive.


So the new administration will award "green" energy subsidies to corporations that will then give kickbacks to the new administration. Their pockets will get lined whether it is from domestic or foreign sources.
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