Rig counts: finally, after ten years of blogging about this, someone else is saying the same thing, link here.
Comparing rig count to historical is a waste of time. We're drilling wells twice the length in half the time.
Length doesn't matter. The point is how fast these rigs can now drill a well.
A new term in the oil and gas business: HGLs. Link here. Later: See comments. Apparently nothing new under the sun.
Oil and gas experience in 2020, the year of the plague: same link as above. By the way, there's a "new" hashtag at the link above which is "must" hashtag. We're going to see a lot more of this. I've alluded to it on the blog numerous times.
Crude quality matters: link here. This graph did surprise me.
Crude Quality Matters.
