OilFinder2 wrote:Speaking of someone being humiliated, someone here doesn't know the difference between a rig and a well.Dreamtwister wrote:baha wrote:To me this just means they are searching frantically for oil. Unfortunately (for them) most wells drilled are just dry holes.
Exactly. Would you want 1 rig that pumps 100 barrels per day, or 100 rigs that pump 1 barrel per day? I'd wager real money that the majority of those 444 rigs are strippers.
shakespear1 wrote:For those trying to find Oil & Gas statistics in the BLS link.
Look here
http://www.bls.gov/iag/tgs/iag211.htm
MD wrote:The ineptitude, flawed logic, and general stupidity of posters on both sides of every argument on this forum no longer surprises me in the least.
What does surprise me is that I continue to browse in hopes of finding occasional nuggets of relevance or useful information.
The yields however have trickled down to effectively zero. Time to mine elsewhere.
TheDude wrote:MD wrote:The ineptitude, flawed logic, and general stupidity of posters on both sides of every argument on this forum no longer surprises me in the least.
What does surprise me is that I continue to browse in hopes of finding occasional nuggets of relevance or useful information.
The yields however have trickled down to effectively zero. Time to mine elsewhere.
I hear ya brother. Well, assuming you don't think I'm just a cheerleading clod.
That would make for a good thread. Or the latest in a long series of same. I'm sure there's a merged metathread of gripes about how this site is seriously run over with knuckle walkers.
TheAntiDoomer wrote:TheDude wrote:That would make for a good thread. Or the latest in a long series of same. I'm sure there's a merged metathread of gripes about how this site is seriously run over with knuckle walkers.
wow Dude, strong words. If you're going to go out and call folks "knuckle walkers" you should at least have the balls to call them out by name and not make a hide in the corner generalization.
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (
BHI
) reported a heavy fall in the U.S. rig count (number of rigs searching for oil and gas in the country) - the second such decline in succession.
This can be attributed to cutbacks in the tally of both oil and gas-directed rigs. In particular, oil rig count dropped to the lowest level since May, as crude prices remained below $60 per barrel on plentiful supplies and lackluster demand expectations.
Oil Rig Count: The oil rig count that rocketed to 1,609 in Oct, the highest since Baker Hughes started breaking up oil and natural gas rig counts in 1987, dropped by 10 to 1,536. Nevertheless, the current tally is way above the previous year's rig count of 1,395 and has recovered strongly from a low of 179 in June 2009, rising almost 9-fold.
Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
shallow sand wrote:If already posted, mods please delete.
Predict how many rigs will be running 6/30/15 in US.
My guess. 900.
Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
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