Updated Charts- Bears delight.

Production falls, Drilling skyrocketing

Updated and Corrected Charts

Value has asked me to change the history. He updated the methods used to calculate the index and with this update, I changed the historical data to reflect his updated history.

It is interesting that with winter over, the production is actually falling for several weeks. While the horizontal drilling has increased, production is falling. There have been several posts on the Bry board at IV that the production levels at the start of a well's life are very important to the overall production levels of a well. If you max the production at the start, you get lower levels of overall or total production. Robry's data indicates that declines must be pretty steep for production to fall while drilling is so high.

Updated Charts

Haiti Video!

Note the video of Haiti. This was complied from pictures that I took on my trip to Haiti. Very interesting and very sad.
But the spirit of the Haitian people was captured by the singing of Stanley.

Updated Charts