Tuesday, May 28, 2019

The Red Queen Has Not Fallen Off Her Treadmill -- Yet -- May 28, 2019

From Rigzone, why shale operators are now generating more cash with fewer rigs:
  • petroleum engineers are really good at what they do
  • oilfield services have little pricing power
  • more than enough sand; much of it located "in-basin"
To the first bullet I would add that petroleum engineers are just part of the overall team. The roughnecks and truckers are critically important to the entire operation. Along with pad managers, landmen, corporate suits, state regulators, etc. etc.

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A Great Memorial Day Weekend

We all made it home safely.

Olivia's soccer team took the championship in their "division" in Colorado over the weekend. She was the high scorer. In one game she made all three goals and a penalty shot; her team won that game 4 - 0. Or maybe it was two goals and a penalty shot, 3 - 0. I will check later.

Arianna and I made it back safely from a great water polo weekend in San Antonio. San Antonio is an impressive city -- I can say I prefer it to Dallas-Ft Worth, but anywhere in Texas is fine.

One of many high points in San Antonio: discovered "Great Harvest Bread Company." Arianna and I both wished there was a "Great Harvest" in our area. It turns out there is! In Southlake.

I dropped the rental car off this morning, walked to McDonald's. It was a beautiful, cool, overcast morning. Later May will be pick me up.

Then Memorial Day barbecue, one of the best barbecues in a long time. Salmon and hot dogs. The salmon turned out perfectly. Incredibly moist. Teriyaki marinade. Sixteen minutes in aluminum foil over hot coals; open aluminum foil for last five minutes.


At Sophia's house about a mile down the road from our little apartment complex hovel. Waiting for the coals.

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