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Started By
Message
Major oil find in Permian Basin
Posted on 9/13/16 at 2:40 am
Posted on 9/13/16 at 2:40 am
19
Posted on 9/13/16 at 2:48 am to Jim Rockford
Bad baw
Posted on 9/13/16 at 2:52 am to Jim Rockford
Well we aint running out of oil any time soon. That is the good news.
Posted on 9/13/16 at 3:17 am to Jim Rockford
Coolio.
Posted on 9/13/16 at 3:19 am to Jim Rockford
quote:
3 billion barrels of oil, 75 trillion cu ft of natural gas LINK
Is this good or bad for truck nuts?
Any idea on what percentage of that is recoverable?
Posted on 9/13/16 at 4:23 am to Jim Rockford
Is it ours? And if not, how do we get it?
Posted on 9/13/16 at 4:35 am to Jim Rockford
M. King Hubbert says you are lying.
Posted on 9/13/16 at 5:24 am to FunroePete
30%
Posted on 9/13/16 at 6:00 am to ReauxlTide222
quote:
how do we get it?
TRUMP
Posted on 9/13/16 at 6:33 am to Engineer
quote:
Major oil find in Permian Basin
30%
General Estimate? Permian Basin Average?
Just curious how you got that
T.I.A.
Posted on 9/13/16 at 6:42 am to ReauxlTide222
quote:
Is it ours? And if not, how do we get it?
Permian Basin....is in west Texas.
Posted on 9/13/16 at 6:46 am to ReauxlTide222
Yes it's ours.
We will let you choose.
Tri-cone bit or PDC?
If you choose poorly it may take longer
We will let you choose.
Tri-cone bit or PDC?
If you choose poorly it may take longer
This post was edited on 9/13/16 at 6:47 am
Posted on 9/13/16 at 6:47 am to Jim Rockford
Announced 7 days ago and it's just getting here. This place sucks these days
Posted on 9/13/16 at 6:50 am to Engineer
quote:
30%
Not a chance. 20% at best, 12-14% is most likely.
Posted on 9/13/16 at 7:00 am to Jim Rockford
How are we just now finding this?
Posted on 9/13/16 at 7:01 am to Jim Rockford
About 2 years ago my financial guy talked me into buying into Apache. May have been a good move. But I doubt it.
Posted on 9/13/16 at 7:02 am to thegreatboudini
This could tank oil prices unless they sit on it a while.
Posted on 9/13/16 at 7:11 am to Jim Rockford
It's bad for the out of work US baws. You will just continue to push down the price of WTI.
Posted on 9/13/16 at 7:14 am to Wimp Lo
Last I heard there were more than 2000 DUCs waiting to get put online. US oil market is a long ways away from recovery.
Posted on 9/13/16 at 7:25 am to Wimp Lo
I heard it was going to sit until West Texas crude went above $60.
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