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Message
re: Oil hits $40
Posted on 3/9/16 at 9:15 am to b-rab2
Posted on 3/9/16 at 9:15 am to b-rab2
quote:
Bay Marchand assets
Some of the first wells I ever worked on. Workover and completions on a dinky little jack-up. The wells still had Gulf Oil plaques on them. Bay Marchand, South Timbalier and Ship Shoal.
1
Posted on 3/9/16 at 9:15 am to Jim Rockford
quote:
Oil hits $40
A step in the right direction.
Posted on 3/9/16 at 9:18 am to redstick13
quote:
Some of the first wells I ever worked on. Workover and completions on a dinky little jack-up. The wells still had Gulf Oil plaques on them. Bay Marchand, South Timbalier and Ship Shoal.
throw Eugene Island and Tiger Shoal in the mix and that was where I broke out on junk years ago.
Posted on 3/9/16 at 9:20 am to fightin tigers
quote:
Hopefully my truck nuts are still at the pawn shop.
Am I doing it right?
LOL, yes, you did that right.
Posted on 3/9/16 at 9:21 am to b-rab2
quote:
they are still in the process of selling all of their shelf
Who is buying shelf?
Posted on 3/9/16 at 9:22 am to b-rab2
The company that was in the process of buying a big chuck is now having problems coming up with the money.
Posted on 3/9/16 at 9:23 am to cave canem
quote:
Most of the newbuild jackups I know of are/where headed to the far east, but you are right the shelf is dead in the GOM.
The GOM shelf has been hammered by low natural gas prices and depletion. Shale plays have pretty much been the final blow for the shelf.
Posted on 3/9/16 at 9:26 am to thegreatboudini
quote:
It's just something in liberal states like California. They have a winter blend of gas and a summer blend. Essentially just to collect more tax dollars while changing very little chemistry. If I'm not mistaken I think California is the only state that has this. It doesn't affect us down here, so I'm not really sure why he's complaining about that unless he's in California.
It most certainly effects you down here. Refineries are already pumping lower RVP grades to transition to VOC season. Right now we are going from 13.5 pound RVP to 11.5 to 9.5 to eventually as low as 7.5 in some parts of the country.
This post was edited on 3/9/16 at 9:27 am
Posted on 3/9/16 at 9:31 am to GonePecan
its a private company out of nola
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