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Tag: Oil Industry

Has the Oil Industry Hit Bottom?

Everyone whose livelihood depends on the oil industry is, has one question on their mind, have the oil markets hit bottom? The answer is yes, but first let me share why that narrative is important; then I will outline why I think we have hit bottom. Once oil company executive psychology shifts from we are […]
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Delaware Basin, Under the Next Great American Boom Town

“Estimates Include 46.3 Billion Barrels of Oil, 281 Trillion Cubic feet of Natural Gas, and 20 Billion Barrels of Natural Gas Liquids in Texas and New Mexico’s Wolfcamp Shale and Bone Spring Formation.” (source) The Delaware Basin straddles the New Mexico and Texas border Northeast of El Paso, TX and South of Carlsbad, NM. It […]
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