GREY:ZARFF - Post by User
Post by
RollinInDoughon Aug 15, 2019 12:56am
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Post# 30030247
good numbers... bad insight from pumpers
good numbers... bad insight from pumpersthey did well, the oil price was a big time help... was it almost $65 average?
but this 1% decline from pumper is funny. The only thing that matters is oil... not gas and the only numbers we are given for oil is 6 months... which is a good indicator to level out some short term weather stuff etc....
the oil prod for the first 6 months of this year and last show a normal decline, appears to be supported wells by waterflood to get 15%... last year oil was 1877 bopd.... this year 320 bopd LESS... at 1557 bopd... about a one sixth decline... 15% or so...tracking ok... but they did add stuff and whenever they spend... they first spend on cheap well activations and workovers.... so they do add to fight off the decline. Appears they are spending the few dollars they have in service of fighting production decline.
but 2 mill for that qtr was really good... not enuf to run an oil company... and one working in 2 countries!
1% decline the pumper said...LOL.... and he calls others names and infers lack on knowledge...LOL.... wow.. sonny 1% is.... well really stupid.... maybe you just don't know any better... and that makes you way dumber; whaaahhaaaahhaaaaaaaaaaaaa
got to say... that is real good... but only a qtr.... and only at higher oil prices... still a postive to shop around town like a cheap hooker that just had a shower.