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Thursday, September 24, 2015

Zeits On Oasis Over At Seeking Alpha -- September 24, 2015; Oasis Now Reporting Wells That Will Produce 340,000 Bbls In First Year

Zeits on Oasis over at Seeking Alpha. It will be archived at the source in the not-too-distant future.
  • Oasis’ recent well results show a strong improvement versus a year ago
  • the best of the recent wells is on track to produce ~340,000 Mboe in the first year
  • $55 per barrel WTI may be sufficient for Oasis to keep its production flat in 2016 while spending within cash flow 
Completion techniques still being analyzed, tested:
  • slickwater: 100% ceramic; 4 million lbs; 220K fluid; $7.8 million
  • high proppant: 100% sand; 9 million lbs; 150K fluid; $8.3 million
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In 2050, Angela's Great-Grandchildren Will Be Asking: What Was She Thinking?

This article will be archived. It's a keeper. It will be interesting to watch this all implode.

I'm really beginning to wonder about Germany's collective sanity:
  • continue to bailout Greece, thinking Greece will actually pay them back (with interest, LOL)
  • thinking they have enough land for all those intermittent energy projects would require
  • forgetting solar energy is produced less than 40% of the time in Germany
  • not telling the USA EPA about VW deliberately cheating 
  • thinking those Syrian refugees are the answer to their zero replacement birthrate
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Comparing US Metro-Area GDP With Other Countries

As Mark Perry himself says: ridiculous. Link here.

Some examples:
  • DFW: Norway
  • Detroit: Greece
  • MSP: Portugal
  • The Bakken: Germany (just joking)
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Big Lebowski Party

I would attend if I were in Williston.

A Big Lebowski Party in Williston, October 3rd, is planned. Dudes only, due to severe space constraints. No Dudettes.

Specifics were sent to me, but for now, I won't post -- I don't want to be responsible for a Sturgis rally-like event. Smile.

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