Week 48: November 25, 2018 -- December 1, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Week 48: November 25, 2018 -- December 1, 2018, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Week 48: November 25, 2018 -- December 1, 2018
link : Week 48: November 25, 2018 -- December 1, 2018

Week 48: November 25, 2018 -- December 1, 2018

Beautiful, beautiful day in north Texas. Not a cloud to be seen; bright sunshine. Almost 60 degrees now and should hit 70 degrees by the end of the day. No precipitation forecast for the next five or six days and I did not look at the forecast any farther out.

Top energy story of the week: Hubbert's peak oil theory with another nail in the coffin. Despite $50 oil, US oil and natural gas reserves hit a new all-time record -- and by a large, large margin. My hunch: the record will be broken again. And it won't take as long this time. The previous record was back in 1970, I believe. Graphics here.

International: Mexico says it will drill 40 conventional onshore wells for $1.47 billion.

National:
US crude oil inventories now over 450 million bbls; more than 7% higher than average.
US oil production is rising at its fastest pace in 98 years.
Oil glut? Made in the USA.
WTI drops below $50 before recovering to $51.
Record low gasoline prices not "moving" gasoline demand.

Bakken

Operations
MRO reports two huge Reunion Bay wells 
CLR reports an incredible Wiley well
Production per well continues to increase
Reader's update on Newfield's Yellowfin wells


DUCs
Update

Natural gas
Production growth requires the equivalent of 16 new processing plants

Production by association
Many examples; this is a Kermit well
Wiley and Bailey
The Nathan Hale

Commentary
The manufacturing stage of the Bakken

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Thus Article Week 48: November 25, 2018 -- December 1, 2018

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