mustang19 wrote:https://i.ibb.co/HrnVgJj/DE4-A4267-6077-4-BB4-9-A4-C-95-C7-B647665-D.jpg
Eia released new and more generous wolfcamp definition.
mustang19 wrote:Matters little, every other field is collapsing.
AdamB wrote:mustang19 wrote:https://i.ibb.co/HrnVgJj/DE4-A4267-6077-4-BB4-9-A4-C-95-C7-B647665-D.jpg
Eia released new and more generous wolfcamp definition.
The link isn't to that, it appears to be someone who continues to use bell shaped curves, and in the case of the graphic, demonstrates they still don't work.mustang19 wrote:Matters little, every other field is collapsing.
The Wolfcamp isn't a field, and the Eagleford region, and the Bakken, are slightly declining. This is happening right now for 2 reasons, 1) what appears to be a industry wide effort to restrain their urge to spend capital, and 2) current oil production, drilled to be profitable during $45-$50/bbl days, is absolutely raining cash above and beyond that.
You could have used your retired time during Covid to learn something, and not come back and just say more stupid crap.
mustang19 wrote:Bakken and the others have been very obviously declining since 2019.
mustang19 wrote:My first curve was wrong because the eia data was wrong. They beefed up wolfcamp and raised production 50% and gave it a flatter curve and this extended it two years.
mustang19 wrote:Overall production has been flat because the tepid Permian growth perfectly cancels out decline everywhere else.
AdamB wrote:mustang19 wrote:Bakken and the others have been very obviously declining since 2019.
Sure. I said that. Parrot much? Because for those who aren't parrots, declining slightly isn't "collapsing".mustang19 wrote:My first curve was wrong because the eia data was wrong. They beefed up wolfcamp and raised production 50% and gave it a flatter curve and this extended it two years.
So the idiot making bell shaped curves that don't fit data was you. Not a surprise.mustang19 wrote:Overall production has been flat because the tepid Permian growth perfectly cancels out decline everywhere else.
Overall production has been flat because of restrained capital expenditures, rigs at half their past normal level, and companies happily accepting the rain of cash on them from current prices. Told you that already too. Anything else you want to claim that demonstrates you didn't use your retiree time to learn anything, including reading what others have pointed out?
Mustang19 aka Short wrote:AdamB wrote:Overall production has been flat because of restrained capital expenditures, rigs at half their past normal level, and companies happily accepting the rain of cash on them from current prices. Told you that already too. Anything else you want to claim that demonstrates you didn't use your retiree time to learn anything, including reading what others have pointed out?
That's totally wrong, they are spamming rigs and production is still falling. There is no capital discipline, they are still retarded children, and production is falling.
ROCKMAN wrote:I only started working in the oil patch 46 years ago. But "spamming rigs"? Maybe I was out on a rig when that term was defined in a meeting. LOL.
AdamB wrote:Mustang19 aka Short wrote:AdamB wrote:Overall production has been flat because of restrained capital expenditures, rigs at half their past normal level, and companies happily accepting the rain of cash on them from current prices. Told you that already too. Anything else you want to claim that demonstrates you didn't use your retiree time to learn anything, including reading what others have pointed out?
That's totally wrong, they are spamming rigs and production is still falling. There is no capital discipline, they are still retarded children, and production is falling.
Yeah, the only spamming going on is your posting. And while you might be so ignorant as to not be able to understand a chart or read the data behind it showing increasing US oil production, others aren't senile trolls.
mustang19 wrote:AdamB wrote: And while you might be so ignorant as to not be able to understand a chart or read the data behind it showing increasing US oil production, others aren't senile trolls.
It's been flat at 11k for over a year....
AdamB wrote:
No, not Excels, but images. And someone seems to be trying to pollute data with yet another incompetent random extrapolation. Did you finish downloading the open source EIA software so you could do it right? Or is computer stuff beyond a...computer...person?
mustang19 wrote:You must be blind to not see the obvious hubbert curve wolfcamp is following.
AdamB wrote:mustang19 wrote:You must be blind to not see the obvious hubbert curve wolfcamp is following.
You must be an idiot to think a discredited curve fitting routine fits anything other than by blind chance. Did they not teach you basic data analytic skills in 'puter schule? Or is it 2nd grader critical thinking skills you are lacking?
Where is the Wolfcamp production pre-2000? Your graph doesn't include a Y-axis annotation, so we don't know if it is molecules or billion barrels. The Wolfcamp was making about 30,000+ bbl/day in the last century, for 40 years. I wonder why someone would ignore data while making shitty graphs to try and trying to avoid even telling the reader how much volume we are talking about? An incompetent one? Can you even see why this kind of shoddy work would get you laughed out of technical review? You can't even number graphs in your paper in order!
mustang19 wrote:The curve is based on post 2018 because that's when you get stable parameters.
mustang19 wrote: If there was data going back to 1900 I would use it.
AdamB wrote:mustang19 wrote:The curve is based on post 2018 because that's when you get stable parameters.
Christ on a crutch are you stupid. "Gee...I fit my curve to the data I want to give me the answer I want because otherwise my dumbass method discredited elsewhere won't work. Again."
I mean, I don't mind an avowed troll trolling, you know, but Short you don't have to be so flipping stupid while doing it.mustang19 wrote: If there was data going back to 1900 I would use it.
No you wouldn't. See paragraph above as to why. And the data for the Wolfcamp goes back into the 1950's, at least. Schmuck.
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