The Crude Life host Jason Spiess joins Genneca with The Country Twins radio network for their weekly conversation about life, liberty and lubricants. The interview began with a discussion about Wyoming’s recent Rig Zero news. Spiess pointed out that this is beyond devastating to the Wyoming local economies. From property […]
Jon Clark, Clark Energy Consulting shares insight from his latest OG Brief. This episode’s OG BRIEF is titled “Fracking Faster and Safer than Ever”. Clark says there’s an old adage that in industrial processes operations can be done safe, cheap, or quick but not all three. Well that’s changing in […]
The following are latest numbers, stats and comments from the North Dakota Department of Mineral Resources. Data was compiled during August 2017. Oil Production August 33,768,855 barrels = 1,089,318 barrels/day September 33,213,127 barrels = 1,107,104 barrels/day(preliminary) (all-time high was Dec 2014 at 1,227,483 barrels/day) 1,054,991 barrels per day or 95% […]
Interview: Lynn Helms, director, North Dakota Department of Mineral Resources Gives an update on the Bakken’s 2016 production and how 2017 looks. He also discusses projected oil prices for 2017 and rig counts.
Interview: Warren Henry, Continental Resources Explains the STACK play in Oklahoma and how it is the only play adding rigs over the past 6 months. He also compares it to the Bakken oilfields and gives an update on Continental’s future in the Bakken.
Interview: Lynn Helms, director, North Dakota Dept of Minerals Explains why rig counts are down 88% from the peak, with Williams County down 98%. Helms said oil companies are using uncompleted wells and inactive wells as tools to manage their cash flow.
There are two interviews over the past four years that stand out when thinking about the big picture in oil and gas trends. Signs and indicators, if you will, to determine whether Big Oil will stick around or whether they are going to pack up and move to another shale […]
Copyright © 2024 | WordPress Theme by MH Themes