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Tuesday, March 31
by
Energy Issues
on Tue 31 Mar 2009 08:00 AM CDT
Monday, March 30
by
Energy Issues
on Mon 30 Mar 2009 06:34 PM CDT
by
Energy Issues
on Mon 30 Mar 2009 09:12 AM CDT
Like almost everyone else in today’s economy, my finances have suffered greatly in the past six month. Unlike almost everyone else, this is not my first rodeo. I was a millionaire before turning thirty and dead broke before I reached forty. Now, at my present age, I am neither. Today’s events bring back memories when times, at least for me, were much worse. I cannot remember the exact date, but it was sometime in the nineties. Oil and natural gas prices were in the dumpster with no one drilling any wells or buying any geologic prospect. I had a deal in I had an old friend named Don, a petroleum engineer that got a showing for me with another petroleum engineer. We met Neil, the other petroleum engineer and his geologist Dave in a sleazy motel room in “This is a great prospect,” Neil said. “I think Dave and I can sell it for you but we can’t pay your price until we sell it.” Neil was a bankrupt oilman that had gone from rags to riches, and then back to rags. When I met him, he was somewhere in between. Despite my own personal difficulties, I thought I was the best oil finder alive at time. Neil was not intimidated by my swagger and showed me a couple of tricks about economics and return-on-investment that I still use today. Dave was about my age and a crackerjack geologist. He could not find oil like me, but he understood every concept of petroleum geology. Together, we honed the prospect until it was near perfect. Then the unthinkable happened. Neil developed pancreatic cancer. He fought the disease like a trooper but lost his fight in less than six months. By this time, Don had started work with a would-be oilman, intent on starting a dynasty. Richard was a Wharton MBA graduate, and related to the family that owned one of the most famous retail stores in the world. He bought the prospect for ten thousand dollars, with the proviso that I would help him promote it to other oil companies. He paid my traveling tab and for the next year, I earned enough air miles for ten free tickets on Southwest Airlines. This story is quite complicated and I could easily write a four-hundred-page book about it. To abbreviate, Don and I showed the prospect more than a hundred times, from Richard got a divorce and lost interest in oil and gas, the prospect never drilled, at least by anyone whom I sold it. Newfield drilled horizontal Woodford Shale well in the same section last year and completed it for a couple million cubic feet of gas a day. No one ever drilled my deeper zone, and probably never will. Don’s wife, Mary Kay, succumbed to Alzheimer’s, much like my Dad. Richard’s money kept Anne and me afloat for a while and I remember the people I met and the things I learned with fondness. As I think back, filtering the past through the rocks of time and age in my brain, I consider my own life, and my relationships, both failed and successful. I also remember Anne, my shining star that never abandoned me, despite my failures. Anne died eleven years ago today. As I recall the past, some of it happy and some of it painful, I realize that I will miss her until the very day that I die.
Sunday, March 29
by
Energy Issues
on Sun 29 Mar 2009 09:23 AM CDT
A wonderful article for all of you science freaks out there (I’m one of you). Saturday, March 28
by
Energy Issues
on Sat 28 Mar 2009 09:27 AM CDT
One of the largest international seaports, ¦ 8 ounces Asian pork sausage ¦ 2 cups basmati rice ¦ 3 stalks lemon grass, very finely chopped ¦ 1 red bell pepper, coarsely diced ¦ 5 small banana peppers with ends removed ¦ 5 cups seafood stock soy sauce and sherry. In large wok, heat oil over medium-high heat. Add onion; sauté until just translucent. Add garlic, ginger and saffron, then add rice and stir to coat well with onion mixture, about 2 to 3 minutes. Add lemon grass. While stirring, gradually add stock. Turn heat to high; allow stock to come to a boil and reduce to a medium simmer. Add basil. Cook for 5 minutes. Add sausage, chicken and peppers. Cover and simmer 15 minutes. Add shrimp, scallops and mussels, arranging on top of rice mixture. Sprinkle bean sprouts on top of seafood. Cook shrimp and scallops 5 to 8 minutes, or until mussels have opened. Remove from heat and let stand for 5 minutes. Remove any unopened mussels. Gently toss seafood, and sprouts with rice and serve. Friday, March 27
by
Energy Issues
on Fri 27 Mar 2009 11:17 AM CDT
Some great pics of the Alaskan volcano. Thursday, March 26
by
Energy Issues
on Thu 26 Mar 2009 04:17 PM CDT
Another interesting oil price conjecture.
by
Energy Issues
on Thu 26 Mar 2009 09:20 AM CDT
An interesting article that includes a chart of OPEC’s crude reduction compliance. http://tonto.eia.doe.gov/oog/info/twip/twiparch/090325/twipprint.html
by
Energy Issues
on Thu 26 Mar 2009 09:12 AM CDT
Oil markets continue recovery as crude prices approach $55 per barrel. http://www.bloomberg.com/apps/news?pid=20602099&refer=energy&sid=ayJUKp5PJJNI Wednesday, March 25
by
Energy Issues
on Wed 25 Mar 2009 07:23 AM CDT
I left a secure job with Texas Oil & Gas years ago to start my own company, soon learning that running your own business was tough. I persevered and managed to learn a few things along the way, I had less than a thousand dollars saved when I decided to vacate a secure job in lieu of starting a new company. Times were tough and I ended up borrowing a thousand dollars from my girlfriend and mortgaging my motorcycle for a thousand dollars. Six months passed without having earned a single penny and I was starting to become desperate. My girlfriend Carol knew that I had talent. I had often thought that I was the world’s greatest oil finder. Of course, I have many other delusions as well. We had gone to a movie at Shepard Mall (the first mall in Carol and I stopped, gazing in at the most beautiful guitar that I had ever seen. It was a maroon-colored Guild and I knew the moment I saw it that I could not live another day without it. I bought it about ten minutes later with the last few dollars of credit remaining on my last credit card. “You are an idiot,” Carol told me. “You haven’t made a penny in six months and you are wasting money on things you don’t need.” “I’m making a statement,” I argued. “I’m demonstrating that I think my financial situation is temporary and showing my resolve that things will soon turn around.” Carol left me shortly after I bought the guitar but I was soon able to repay what I owed her because I made almost four-hundred-thousand dollars the second six months that I was an independent. Many years later, back in 2003, my business was also failing. Remembering the crimson Guild, I talked myself into buying an electric guitar on eBay that I could ill afford. Amazingly, business turned around almost overnight, shortly after it arrived. Times are tough. The stock market has crashed, along with the price of oil and gas. Like almost everyone else in the country, I feel as if someone has nailed me square in the gut with a steel pipe. I know what I intend to do about it. When I sign off on this post, I am going to log on to eBay and buy a twelve-string Martin. Wish me luck because if this works, I will take everyone along with me.
Tuesday, March 24
by
Energy Issues
on Tue 24 Mar 2009 06:16 PM CDT
More good news for natural gas producers. http://www.bloomberg.com/apps/news?pid=20602099&sid=aLJzPhfFhPI8&refer=energy
by
Energy Issues
on Tue 24 Mar 2009 08:27 AM CDT
A very interesting article to everyone dealing in fluids. http://www.whoi.edu/oceanus/viewArticle.do?archives=true&id=55486 Monday, March 23
by
Energy Issues
on Mon 23 Mar 2009 12:13 PM CDT
Oil and natural gas prices continue to impact drilling activity. http://energyscout.ning.com/forum/topics/drilling-activity-hits-6year
by
Energy Issues
on Mon 23 Mar 2009 08:16 AM CDT
The first day of spring occurred last week. It also marks the vernal equinox, the day when the hours of darkness roughly equal the hours of light. One of the biggest pagan holidays transpires during the vernal equinox and this is the situation in a chapter from Bones of Skeleton Creek, my unedited novel in progress. Buck McDivit, the central character in my first novel Ghost of a Chance, returns to Only feathers and animal pelts clothed the mass of chanting women. Like Buck, colorful paints decorated their faces and exposed skin. Kristy escorted him to a small group of women, their extra feathers and adornments marking them as leaders. The most ornate female, he quickly saw, was Lana, looking nothing like the corporate executive of their last meeting. She didn’t speak when he stood before her, simply nodding a command for him to take a seat on a colorful serape on the ground beside her. Waves of frenzied dancers moved into the circle as Buck watched. When offered, he drank from a cup passed around the circle, almost instantly feeling the intoxicating effects of the warm liquid. The drink numbed him, but did little to prepare him for the double whammy of drugs he was about to endure. As the tom tom drummed and the half-naked women danced in and out of the circle, Bucks lips and eyelids also numbed. When Lana handed him a ceremonial pipe, he took a puff without thinking, psychedelic smoke rushing straight to his brain. As the drumming grew louder, the dancing became ever more frenetic and sensual. Even in his impaired state Buck realized that he was witnessing a pagan revel that had some intense meaning to the women dancing in and out of the circle lighted only by the center bonfire and the moon and stars. An absolutely stunning woman soon joined the other dancers. She was tall, and had long black hair that extended to the crack of her well-turned derrierre. She wore a breechcloth, much like Buck’s, and nothing else except paint and feathers. Even in his extreme state of drug-induced numbness, Buck’s mind took a double-take. The woman was carrying a large rattlesnake. Despite his mental condition, Buck’s eyes riveted on the gorgeous young woman, and her snake. Like Buck, every eye in the pulsating circle of women soon focused on the nubile dancer. The woman stopped her gyrations directly in front of Buck and held the writhing snake high into the air. Slowly, she lowered it, until its head resided directly in front of him. Zoned almost totally out, he stared into the viperian eyes of the reptile as it jutted its pointed tongue a few inches from his face in the flickering fire light. Whatever drug that had invaded his brain had also removed any fear or anxiety about the reptile’s danger. Like star-crossed lovers, they exchanged a kiss that would have curdled his blood, were he cognizant. He wasn’t. Prompted by some primieval urge, Buck stood from the serape and waded into the circle crowded with chanting pagans. There he danced with arms stretched to the sky, reveling in the proximity to so many half-naked females, his senses flooded by sound and the musky odor of burning wood and sweating bodies.
Sunday, March 22
by
Energy Issues
on Sun 22 Mar 2009 10:58 AM CDT
Wonderful pictures from a hidden world. http://www.whoi.edu/oceanus/viewArticle.do?archives=true&id=55947 Saturday, March 21
by
Energy Issues
on Sat 21 Mar 2009 11:13 AM CDT
Here is a recipe that tastes much better it sounds. Yes it's Cajun! Remember that 2 pounds squash 1 small chopped onion 3 tablespoons butter 1/4 lb ground sausage cracker crumbs water In a skillet mix squash, chopped onion, sausage and a small amount of water. Cook until squash and onion are tender. Brown sausage and then combine with squash and onions. Season to taste with salt and pepper, and then transfer to 1 quart greased casserole. Cover with cracker crumbs and cook at 350 degrees in oven until brown. Enjoy.
Friday, March 20
by
Energy Issues
on Fri 20 Mar 2009 11:56 AM CDT
More good news for energy producers. http://www.bloomberg.com/apps/news?pid=20602099&sid=aaDwzWXWqYDs&refer=energy
by
Energy Issues
on Fri 20 Mar 2009 09:17 AM CDT
An interesting article about the fault system that caused one of the most chaotic events in the history of the US. http://news.uns.purdue.edu/x/2009a/090313CalaisSteinMadrid.html Thursday, March 19
by
Energy Issues
on Thu 19 Mar 2009 10:29 AM CDT
More good news for energy producers. http://www.bloomberg.com/apps/news?pid=20602099&sid=akQwolafLPL8&refer=energy
by
Energy Issues
on Thu 19 Mar 2009 10:04 AM CDT
Giant China profits big time from global economic downturn. http://www.washingtonpost.com/wp-dyn/content/article/2009/03/16/AR2009031603293.html
by
Energy Issues
on Thu 19 Mar 2009 09:57 AM CDT
Good news, finally, for struggling oil producers. http://www.bloomberg.com/apps/news?pid=20602099&refer=energy&sid=aiB8Fks0sXi0 Wednesday, March 18
by
Energy Issues
on Wed 18 Mar 2009 10:41 AM CDT
A great article about the great white shark’s ancestor. Tuesday, March 17
by
Energy Issues
on Tue 17 Mar 2009 11:05 AM CDT
An interesting and informative site for those of you interested in solar energy. Monday, March 16
by
Energy Issues
on Mon 16 Mar 2009 08:44 AM CDT
An interesting site, complete with maps and videos. Sunday, March 15
by
Energy Issues
on Sun 15 Mar 2009 10:19 AM CDT
Saturday, March 14
by
Energy Issues
on Sat 14 Mar 2009 11:36 AM CDT
Perhaps the quintessential dish served in the Big Easy is Etouffee, made with either shrimp or crawfish. There are as many variations of this dish, but here is my favorite variation: ¦ ½-cup cooking oil ¦ 2 cups finely chopped white onion ¦ 1 large bell pepper, medium diced ¦ 1 stalk of celery, medium diced ¦ 2 cups whole tomatoes, mashed ¦ 2 cups tomato juice ¦ 1/4 cup lemon juice ¦ 6 tablespoons roux ¦ 2 tablespoons Worcestershire ¦ 1/4 cup minced parsley ¦ ½ cup chopped leaf of garlic, or green onion tops ¦ 2 cloves of minced garlic ¦ 1/4 tablespoon of red pepper ¦ 1/4 tablespoon of salt, or to taste ¦ 1/4 tablespoon of pepper, or to taste ¦ 1 pound of cleaned and de-veined crawfish Pour oil into a heavy skillet and sauté onions, bell pepper, and celery until limp. Do not overcook. Add tomatoes, tomato juice, lemon juice, roux and Worcestershire. Bring to a boil, then reduce to medium hat and add parsley, garlic leaf, garlic cloves, red pepper, and salt and pepper. Cook for about five minutes, then add crawfish and cook for fifteen more minutes. Simmer until ready to serve. Over rice, this dish serves four.
Friday, March 13
by
Energy Issues
on Fri 13 Mar 2009 08:44 AM CDT
Capistrano has nothing on me. My three wild ducks returned yesterday for their third straight year. There are two males and a female and it is apparent that the female is the boss. Weather patterns have changed, as has the path of migratory birds. The temperature in Global warming is not a myth it is a fact. Scientists only argue who is to blame. Ed, the geologist that offices with me, says the cause is volcanoes and reef destruction. Ed is an ultra-conservative but he is far too intelligent to deny that the world is warming at an alarming rate. Still, the rapid change in geologic conditions, no matter who is to blame, has brought me days of pleasure, watching the three ducks that spend their spring and summer with me instead of flying on to their ancestral home in
Thursday, March 12
by
Energy Issues
on Thu 12 Mar 2009 09:17 AM CDT
One of the most interesting and informative articles concerning oil and gas that I have read. Wednesday, March 11
by
Energy Issues
on Wed 11 Mar 2009 09:45 AM CDT
A virtual plethora of Barnett Shale maps, some out of date, for all you shale explorers and would-be shale explorers. Tuesday, March 10
by
Energy Issues
on Tue 10 Mar 2009 08:46 AM CDT
Good news for oil producers. http://www.bloomberg.com/apps/news?pid=20602099&refer=energy&sid=acOvvj3teNpQ Monday, March 9
by
Energy Issues
on Mon 09 Mar 2009 08:17 AM CDT
Sunday, March 8
by
Energy Issues
on Sun 08 Mar 2009 07:55 AM CDT
In 1718, Jean Baptiste Le Moyne, Sieur de Bienville founded the colony that became High ground, you say? Everyone knows that a portion of There were no topographic maps or GPS devices in 1718. Still, seasoned explorers Bienville and his brother D’Iberville understood the concept of high ground. They had located and chosen the site for The Just north of the small town of Old Why is much of Another reason Bienville chose the present site of Everyone is aware of the tremendous damage done in 2005 by Hurricanes Katrina and Rita. How can we alleviate a future disaster without moving the venerable old City? Here is my suggestion. Cut the levees near Donaldsonville and let the mighty Saturday, March 7
by
Energy Issues
on Sat 07 Mar 2009 08:26 AM CST
The ingredients are cheap and Bertram Picou, a character in my new novel Big Easy, always has a pot of dirty rice on the stove in his kitchen for his hungry regulars and curious tourists. Here is how Bertram prepares the dish in his own words, as quoted in Murder Etouffee: “Like most everything else I cook, my secret is the big old cast iron skillet Mama give me years ago when I told her I was leaving home. First thing I do is put the chicken gizzards in it, add water and bring everything to a boil. Once the gizzards are boiling, I lower the heat and simmer them for about thirty minutes, or until they are good and tender. “While this is going on, I heat the butter in a heavy pot then add the chicken livers and sauté until cooked. When they’s finished, I take them off the heat and put them aside. Next, I add the ground beef, onion, pepper, celery and garlic to the pot and sauté until the meat is no longer pink, and the vegetables are tender. “Next, I chop the gizzards and livers until they are real fine. Then I add the meat to the skillet, along with cayenne, salt, thyme, water and rice, stirring as I go. I bring it to a boil, lower the heat and simmer until my rice is done. When it is, I add chopped onions and parsley and let the whole thing stand, covered, for about ten minutes. I garnish the rice with sliced red bell pepper strips and serve it up to a bunch of hungry customers who don’t really care what it looks like. ¦ 4 Chicken gizzards; or more ¦ 2 Chicken livers; or more ¦ 2 tsp Butter ¦ ½ lb Ground beef ¦ 1 med. Onion; chopped ¦ 1 Red bell pepper; chopped ¦ 2 Stalks celery; chopped ¦ 2 Cloves garlic; pressed ¦ 1/4 tsp ¦ 1 tsp Salt ¦ ½ tsp Thyme leaves; dry ¦ 2 cups Water ¦ 1 cup Long grain rice ¦ 4 Green onions; chopped ¦ 1/4 cup Parsley; chopped Friday, March 6
by
Energy Issues
on Fri 06 Mar 2009 03:17 PM CST
Here is the latest rig count information reported by Baker Hughes. The total rig count for the U.S. is down 632 rigs from the same time one year ago. Recent Counts
by
Energy Issues
on Fri 06 Mar 2009 12:50 PM CST
by
Energy Issues
on Fri 06 Mar 2009 08:40 AM CST
I’m not sure about the validity of this article but I really like the phrase “embryonic recovery.” http://www.bloomberg.com/apps/news?pid=20602099&sid=ajS3Z4SOVmVM&refer=energy Thursday, March 5
by
Energy Issues
on Thu 05 Mar 2009 09:02 AM CST
In writing about life in downtown During the oil boom, the city leaders decided there was room for retail development underground. Texas Oil and Gas, the company I worked for, had offices in the The tunnel system was simply a dimly lit concrete pathway with a colorful carpet on the floor. The system of tunnels snaked in all directions and it was easy to lose your bearings – especially if you had just visited one of the many clubs and partaken of their liquor-by-the-wink. Purchasing alcohol, at the time, was illegal anywhere except a liquor store. Retail clothing establishments, a jewelry store, a fast food kiosk, two barbershops and other businesses soon began to thrive. Several combination restaurants occupied space in the Concourse, among them the Bull and the Bear, the Brigadoon, and the most notorious underground establishment of them all, the Depot. The Depot was a dark saloon masquerading as a restaurant and it is true that the place sold as much booze as it did chicken fries. Its main draw was the gorgeous and friendly waitresses dressed in skimpy outfits. The drinks were strong and at any time of the day or night, half the downtown My former business partner, John and I had an engineer. Those days preceded the age of cell phones and we began noticing music and noise in the background when Nick called in a report. We soon realized that he was reporting from his “office” in the Depot rather than one of our oil wells out in the sticks. The Depot was dark and loud and if I told you that I had witnessed a sex act performed on an adjacent table, I would be lying. I actually saw more than one, and I imagine they were a common occurrence in some of the back corner booths. During the oil boom of the eighties, This past oil boom saw none of the excesses of the eighties oil boom and there was no place, at least to my knowledge, as wild and crazy as the Depot. I am glad that I experienced the boom and all its excesses while it existed, but most of all I am glad that I survived the experience.
Wednesday, March 4
by
Energy Issues
on Wed 04 Mar 2009 04:20 PM CST
Another article for you shale mavens. http://tonto.eia.doe.gov/oog/info/twip/twiparch/090304/twipprint.html
by
Energy Issues
on Wed 04 Mar 2009 08:09 AM CST
Loess is wind-transported silt derived from fresh glacial deposits exposed at the end of the last ice age. Loess formed steep bluffs near Vicksburg, Mississippi and the Mississippi River. The bluffs formed because loess, unlike most soils, has a high angle of repose. The very nature of these bluffs affected the outcome of the Civil War. Here is another story of how geology affected history. Tuesday, March 3
by
Energy Issues
on Tue 03 Mar 2009 10:19 AM CST
Technical trading predominates as traders search for oil market answers. http://www.bloomberg.com/apps/news?pid=20602099&sid=agfaySLulvYE&refer=energy Monday, March 2
by
Energy Issues
on Mon 02 Mar 2009 10:21 AM CST
Natural gas prices move upward as a major winter storm blankets the northeast. The storm, combined with producers idling non-commercial oil and gas wells, has resulted in three consecutive days of upward movement in the market for natural gas. http://www.bloomberg.com/apps/news?pid=20602099&sid=aQNXCrycaVOw&refer=energy Sunday, March 1
by
Energy Issues
on Sun 01 Mar 2009 09:08 AM CST
When I first moved to It is now possible to enjoy fresh seafood at many restaurants in the area. Marilyn and I like Oyster Omelet 2 doz. Oysters 1 tbsp butter 4 shallots 1 clove garlic 2 tbsp minced bell pepper 2 tbsp minced celery 2 bay leaves 4 eggs 2 tbsp chopped parsley Salt and pepper to taste Melt butter in saucepan and add minced garlic, bay leaves, pepper and celery. Drain the liquid from the oysters and put them into the butter with the seasoning. Lower heat and cook about three minutes. Beat the eggs, add salt and pepper and turn them into saucepan with oyster mixture. Do not stir. When lightly browned, turn onto hot platter and garnish with chopped parsley.
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