And there was much rejoicing in the land.... Gas Prices

[Ruffdaddy]

If you're right 60% of the time, you're among the elite.

I'm not sure I've seen any of those in O&G other than the super broad blanket statements.

[matts5.0]

I just want to know.. . . .when do we get close to $1/gal gas?

Never.

[no4njnk]

Most stimulation builds are being wrapped up this first quarter, after that all we are seeing are refurbs. Oil States cut 30% across the board with several others getting close to that.

Schlumberger said this next month will decide the year. They estimated production will drop which will slightly raise the price. But some at Halliburton are saying it will get down to $32/b so a coin is as helpful at predicting what will happen

[The King]

If you're right 60% of the time, you're among the elite.

Very true as well in the world of sports wagering.

[Strychnine]

US rig count -56 this week.

Total US rig count at 1069

I should have gone with my gut on the guess.




International rig count is +17 this month, btw.

[samuel642000]

[Nash B.]

wrong slash

[Strychnine]

[Youtube]irFKLlpPCp4 [\youtube]

take out the extra space after the 4.

[slow99]

^^^
lmao

[Sean88gt]

Never.

[Ruffdaddy]

US rig count -56 this week.

Total US rig count at 1069

I should have gone with my gut on the guess.


International rig count is +17 this month, btw.

Yeah averages are no good for predicting when the standard deviation is almost 30% of the average itself.

And the international rig count has me curious...

[samuel642000]

wrong slash

Good looking out.

[Denny]

Below 1000 before the end of April?

[Strychnine]

Below 1000 before the end of April?

Maybe. That 1069 number is total. Oil seeking rig count is in the already in the 800's while gas seeking rig count is mid 250s.

[Cooter]

spec-fucking-tacular