Lease in Lavaca Co. TX 3 wells drilled on lease. Logs and seismicOperator plans to drill to test the prolific Midway Sand (channel)Estimated 500MBO & 10BCF in Reserves for Single DrillEstimated 7:1 ROI over well lifetimeDrilling ops to start in JanuaryEstimated 6-14 Month Payback based on...
At the beginning of the year, we like to write an opinion regarding where we think the upstream industry will be domestically for the calendar year and where the advantage may be from an investment standpoint. We've been highly accurate (taking out 2014) for the...
At the beginning of the year, we like to write an opinion regarding where we think the upstream industry will be domestically for the calendar year and where the advantage may be from an investment standpoint. We've been highly accurate (taking out 2014) for the...
It's a New Year...
OK, so now we know the Republicans have control of the House and not the Senate for the next 2 years. So, what massive changes can we expect to affect direct oil and gas participants? None...
2400 acre lease in Central KS Operator to drill 2 offset vertical wells to complete in the Marmaton – estimated reserves of 75MBO per well in this payzone alone 2 Secondary payzones estimated 35-100MBO per well in reserves Lease has recently completed well producing 40 bopd and 3...
The push towards green energy over the past decade has been obvious and obtrusive. Seems like every governmental, environmental, and media influencer was (is) pushing for the transition. Tax incentives, easy institutional funding, and grants made this an attractive space for many investors. Many felt...
Programs in Field Progress: KS 2 Well Program Phase I - 1222 - First well drilled to the Marmaton has produced over 40 BOPD for the first 8 days. Still have to recover 70% of the frac fluid, so oil/fluid ratio should go up, meaning more...
A few of you sent me notice yesterday that OPEC+ is cutting exports by at least 2MMBOPD. By a few, I mean about 20 of you! I'm on it! The big question is, how does this affect the market for direct participant in oil and gas...
Whoa! Anyone been paying attention to the news? There’s a lot of conflicting voices on where the economy is going and how best to “hunker down” (if at all) both worldwide and domestically. Honestly, as intuitive as the past has been for me in predicting short-term pricing...