35 Burst results for "L. A Basin"
The Dan Bongino Show
Sheriff William Snyder: Immigration Smuggling Through the Bahamas
"I follow you religiously on Facebook to see what's going on in the county not just because I live here but being a former police officer I find your approach to policing to be the good one the right one You found a balance between civil liberties and law enforcement that works well in the county where in here That's why you're always reelected with 99.9% of the vote But what happened with this story Because we live in a portion of Florida that is I mean for all intents and purposes not really close to Miami we're about three hours away So if you were coming from Cuba by water you probably are not going to come all the way up here to Martin county yet we just had an incident here describe what happened and how you responded Sure We don't get the Cuban arrivals like Miami does What we get are people who leave from The Bahamas So what's happened is The Bahamas have become a central receiving place where people throughout the Caribbean basin It has been all the others We go to The Bahamas work get some cash and then pay a smuggler They come straight across They go do east They come right on our beaches here in Jupiter island Stewart of course all of Martin county's coast
AP News Radio
On this week's AP Religion Roundup, Pope Francis makes a historic trips to Africa, and psychedelic churches are pushing the boundaries of law and religion.
"On this week's AP religion roundup. Pope Francis makes a historic trip to Africa and psychedelic churches are pushing the boundaries of law and religion. Pope Francis made a plea for peace in South Sudan as he began a mission Friday to the world's youngest country. Francis cited years of war and clashes on the eve of his arrival that killed 27. The overwhelmingly Christian South Sudan gained independence from the majority Muslim sedan in 2011, along with Civil War, flooding and other calamities have displaced more than 2 million people there. The Pope's visit to South Sudan follows his visit to the Democratic Republic of Congo. A highlight of his Congo visit was a rally in Kinshasa, where Francis led 65,000 young people in a rousing denunciation of political corruption. Recent demand for a psychedelic tea called ayahuasca has led to the formation of hundreds of what many calls psychedelic churches across the U.S.. Growing numbers of people are flocking to churches like this one in Utah. And it's been used ceremonially. It's been used socially. It's been used as medicine. Doctor Selena sumaya is a researcher at Columbia University. She says the drug has been used in the Amazon basin for thousands of years. Federally, ayahuasca is still considered a schedule one substance, meaning that it has medicinal purpose, meaning that it is largely illegal. Church organizers argue a 2006 Supreme Court ruling protects them from prosecution. I had so much gratitude. Adherence like Lorenzo Gonzalez argue ayahuasca brings them closer to God. I can't wait for today's experience because I got all that evilness out of me and I want to see what joy I'm going to get next. It's popularity has increased in the west in part due to celebrities sharing their experiences with the substance. I'm Walter ratliff.
WCPT 820
"l. basin" Discussed on WCPT 820
"Statement from the basin at 45. Is there a chance? Is there page two? Yeah, is there a pig My phone call. Oh, lord. He's going to say perfect. It's perfect. Fantastic. Secretary of State of Georgia and the second call with which the Marxist communist racist and rhinos didn't even want us to talk about it. We're perfect calls. Many people including lawyers for both sides were knowingly on the line. I was protesting the rigged and stolen election which evidence proves it was. I won Georgia by a lot, but only needed a small number of votes from that total number. They cheated in many ways, a good stuffing bell. It's all called live on tape. Oh God. Page two. With many people on the line, what was perfect carpet testing the rigged election, which I had a clear way to do, in fact, an obligation to do since I made the call as president. How come no one person said while on the call that I acted inappropriately or made a statement of protest at all about what I said in slam down the phone? Not one, not even with so many opposing people lawyers and others on the line. No admonishment at all. We nicely agreed to speak again. Page three. Oh, good lord. God. That was the call to Georgia was perfect. Nothing to understand wrong. We agreed to continue our conversation in a later date the other call that was probably taped and then illegally was so good when The Washington Post heard it. They did a rejection in an apology because they were new fed false information. Perhaps by the Secretary of State's office and they were angry about it the other day in Georgia. We have all the evidence that was needed. That was the crime. We saw it. Wow. Wow, that's that brought her to stick. Yeah. That ass across the face. Oh, okay. Are you okay? Wow. Wow. The longer the statement, I feel like the more poopy is in the baby's diaper. Oh, yeah. Don't you think? More ketchup on the wall. Oh. That baby monitor's going crazy this morning. You need a tums? I do. Probably tumbling now. Okay. Well, all right, thank you to Travis and Chris and Jodi for filling in for me yesterday. And click check who I just, you know, we also played German ship reacting to the shootings out here and the Monterey Park, I believe. Who can keep all of them straight? But Shannon watts had tweeted the gunman of 25 year old Walmart employee with a record of battery. And protective orders was targeting a female colleague he was killed after shooting at police, permanently carry his legal in Indiana, making it easier for abusers to access guns. In cliff Scheckter just said every damn time, as I pointed out, battery and protective order are a pre cog way to know who will do this. Thank you. Every time. This is regardless of race or whatever. Yeah, it's misogyny is in all of these all of them. Background checks red flag laws, no gun if violent record or protective order like sane countries with gun ownership you'd see precipitous drop in this crap. Yep. Anyway, thank you, cliff, for coming on. Yesterday. All mama was. Okay, I'm fine, no. No one helped me. Oh, you're not. Okay. No. You're here? Yeah, you got yours. What did she get here? Okay, 18 minutes after the hour, this portion of the show brought to you by my mom the socks. Yes, I wore them across the country. I flew 6000 miles in 24 hours to my mommy's hundredth birthday. Did you change your socks? No, I did not. One pair of bombas, I'm good to go. All right. Bouncing through multiple airports. Thank you. Thank you. Thank you. Mamas designed their socks shirts and underwear to be the clothes you can't wait
The Dan Bongino Show
Blake Masters: Dems Surrendered Our Energy Independence
"It's really shocking how in a purple maybe red tinge state like Arizona a guy like Mark Kelly felt comfortable taking that vote and then really I mean the inflation reduction I forget the name it was just ridiculous The name is not even worth entertaining but it was really a package of subsidies for a bunch of Green New Deal boondoggles when taxpayers have already gotten burned by this under Obama cylindra and her one these other companies that took our money and basically ran with it But their excuses for gas prices Mark Kelly and the Democrats Blake are really at this point just embarrassing I have a clip I'm going to play later on on wasting any time with you but ro Khanna they have every excuse in the book The Russians did it The Saudis did it They're pretty soon it'll be like the Canadians there'd be like that movie Canadian bacon They just every excuse in the book But Blake we're floating on a sea of petrochemicals here in the United States from the Marcellus play to the Permian Basin to Alaska And yet right in front of our face they don't want to develop our own oil Mark Kelly would rather us go kiss the ass of the Saudis and begged them like dogs for their oil This is what you're gonna get if you vote for 6 more years of this guy Oh that's right They completely surrendered our energy independence and they sent the price of gas from $2 to $6 Now they want a metal because it's back down to $5 because Biden is selling out oil from our strategic reserve including to our enemies like China But no what is Dan what do these geniuses think was going to happen when you declare war on oil and gas In a country powered by gas You think that might send the cost of energy up
AP News Radio
Barges grounded by low water halt Mississippi River traffic
"Mississippi River I'm Lisa dwyer The unusually low water level in the lower Mississippi River is causing barges to get stuck in mud and sand disrupting river travel for shippers recreational boaters and even passengers on a cruise line The U.S. coast guard says at least 8 groundings of barges have been reported in the past week despite low water restrictions are barge loads The national weather service says nearly all of the Mississippi River basin from Minnesota through Louisiana has seen below normal rainfall over the past 30 days pushing water levels to record lows and its bad timing barges are usually busy this time of year carrying
AP News Radio
Mets falter again in 8-2 loss to lowly Pirates
"O'Neil Cruz had his first three hit game of his career including a monster home run into the Allegheny river As the Pittsburgh pirates beat the mets 8 to two Four pirates players had multi hit games and Mitch Keller tossed 6 scoreless innings Such as the sinker slider now it's just like I'm always one pitch away from getting out of it so that's just help my mentality out there and confidence wise of God traffic on basin in a okay situation Taiwan walker allowed four runs in 5 innings and Brandon nimmo homered for the mets losers of three straight Josh rowntree Pittsburgh
AP News Radio
Hidden Menace: Massive methane leaks speed up climate change
"Massive methane leaks or speeding up climate change and Associated Press investigation shows hundreds of oil and gas operations are spewing the gas over and over again An aerial survey last year detected 533 methane super emitters in the Permian Basin a 250 mile wide expanse along the Texas New Mexico border The survey was conducted by carbon mapper a partnership of university researchers and NASA Riley durin is carbon mappers CEO Often in a place like the Permian with fragmented leases where you have literally dozens if not hundreds of operators close by is the biggest source of uncertainty isn't where is the methane coming from it is who owns that piece of equipment The methane released by these companies will disrupt the climate for decades contributing to more heat waves hurricanes wildfires and floods Congress and the Environmental Protection Agency haven't regulated the gas leaving it up to oil and gas producers to cut emissions on their own I'm Mike Hempen
AP News Radio
Heavy rain expected in parts of Florida, Cuba, Bahamas
"Parts of Florida are bracing for heavy rain and wind as a storm system that battered Mexico moves across the state I'm Ben Thomas with the latest The national hurricane center says the storm that began as Agatha in the Pacific Ocean will be known as Alex in the Atlantic Ocean basin once it reaches tropical storm status It's been drenching Cuba where people in Havana have been sloshing through flooded streets The tropical storm warning is in effect along portions of coastal Florida as well as the Florida keys Florida bay Lake okeechobee along with the northwestern Bahamas and much of Cuba the storm is expected to reach tropical storm strength off Florida's east coast by Saturday night and strengthen as it moves out into the Atlantic Ocean I'm Ben Thomas
AP News Radio
S Korea test launches 1st domestically made space rocket
"South Korea has carried out to test launch on its first domestically made space rockets live footage showed the one hundred and fifty four okay since the Adam in a plane seats not the defendants as it blasted off from Norris basin says once the rocket go to the L. two cheated them for it didn't manage to deliver a dummy payload into orbit since plans south Korean president moon jae in still described the test as an excellent accomplishment that takes the country a step further in its proceed to the space launch program I'm
Newsradio 1200 WOAI
"l. basin" Discussed on Newsradio 1200 WOAI
"Basin is the epicenter for oil and gas production in the free world. This unprecedented production has transformed the region from a depressed desert into a land of opportunity. My name is Christian Wallace. I was raised in the Permian Basin in a small town called Andrews. I grew up on tales of the region's legendary booms and busts. I even spent a year working as a roughneck in the whole patch after college, but I've never seen or heard of anything like this. Against all odds, the Permian Basin has become one of the most important swaths of land on earth. The boom is reshaping the world's climate economy. Even our geopolitics. We are now the number one energy producing in the world and I'm not going to lose that wealth on Dreams on windmills. Yet few understand this place or its people. This is a story of roughnecks and roustabouts a billionaire wildcatters and want to be dreamers and full on hell raisers and of average folks, just trying to get by as the world around them is turned upside down. We'll continue with just a very isolated rain chance early this evening. Otherwise tonight mid upper seventies Wednesday, a lot of sunshine upper nineties to near 100 News for chief meteorologist. Kristi Chance Governor Greg Abbott has signed an elections bill into law, the governor telling reporters today. SP one is a great bill because it.
Talk Radio 1190 KFXR
"l. basin" Discussed on Talk Radio 1190 KFXR
"Heart radio APP is number one for music, radio and podcasts, All in one discover a new podcast from our library of hundreds of thousands of titles. Here's an I. Heart Radio Podcast Preview. Lancaster, South Carolina is in the middle of not much growing up near that rural town in the post civil rights self I knew it is the hometown of a black man named Jim Duncan. Became a Super Bowl hero, the Baltimore Colts camps of the American Conference, the Dallas Cowboys champs of the National Conference and where his death even now, almost half a century later, still makes no sense at all. Gets the kick away Duncan after the 15 the story was that my brother went into the police station, took a gun, offer police officer and shot himself in the head. Most people don't believe that I'm Brett McCormick for the past three years at the Rocco Harold, I've looked back at a story that's timelier than ever breaking news. Don't show. My first impression was that could have happened last week. The tale of a life falling apart, Duncan look out and police too close to the edge. Black people couldn't do but so much I'm trying to forget about you Know, five years ago move on the search for closure for an event. Almost no one could believe days. South Carolina will be a better steak, but even fewer dared question. Have you got some time to talk? Never has this been something that anybody's interested in talking about. Until now. It involves rates the mental state of the person and a town that was scared to death to say anything to return man from the Rocco Harold McClatchy Studios and I Heart radio. Listen and follow this podcast for free on the I Heart radio app number one for music, radio and podcasts, all in one app. The free I. Heart radio APP is number one for music, radio and podcasts, All in one discover a new podcast from our library of over 350,000 titles. Here's an I Heart Radio podcast preview. This region of West Texas, known as the Permian Basin is in the midst of the biggest old boom in history. Permian Basin is the epicenter for oil and gas production in the free world. This unprecedented production has transformed the region from a depressed desert into a land of opportunity. My name is Christian Wallace. I was raised in the Permian Basin in a small town called Andrews. Grew up on tales of the region's legendary booms and busts. I even spent a year working as a roughneck in the whole patch after college, but I've never seen or heard of anything like this. The rust Martin Show afternoons on.
Environment: NPR
Firefighters Battle Wildfires, Fatigue as California Braces for an Extended Fire Season
"There's hope for the evacuated residents of south lake. Tahoe who waiting to return to their homes. Firefighters have made progress against a massive kaldor fire. Threatening the california resort town calmer winds and higher humidity have helped their efforts. But with mega-fires the new norm the work of wad line. The work of wildland firefighters is harder and longer than it used to be. Extreme weather fuelled by climate change is putting a strain on them and other emergency workers. Npr's eric westervelt has this report. In a stretch of bone bone-dry pine forest on the edge of south lake. Tahoe crews putting out windblown spot. Fires is hard tedious. Work scraping the ground with hand tools. Just up the road. Helicopters are dropping water on a main edge of the massive kaldor fire as it crackles toward the tahoe basin like most wildland firefighting crews. This one from reno has been jumping from fire to fire with little downtime already. This year reno. Fire has sent screws eight different states. Most of this crew just shifted from the nearby dixie. Fire california's second largest fire on record to help. Defend lake tahoe. Smoke ash heat sleep deprivation battalion chief. Bill erlich says yes to remind his team not to overdo it. You can see some guys get a little fatigued and just remind him. Hey there's enough of us you can take time out you know. Take care of yourself. And we'll take care you too because we gotta pay ourself pacing and avoiding firefighter. Burnout is a nationwide problem. The federal office decides which wildfires get priority says. The us is currently exhausted all national firefighting resources from personnel to equipment. They've been at this level five alert since mid-july so now the pentagon has been tapped to mobilize hundreds of active duty servicemembers as well as aircraft to help fight wildfires. Some states have also activated the national guard critics charge at the old firefighting deployment models and the mutual aid. System are near a breaking point. Exhausted crews resources stretched thin. That's the reality. In the era of climate change fueled mega-fires ad in record drought and the routinization of extreme weather. And you've got a serious problem
Here & Now
California's Caldor Fire Continues to Burn
"It is another ten stay in northern california near the near nevada. Border firefighters are battling kaldor fire now threatening the biggest city on the shore of lake. Tahoe they cut a break yesterday when winds relaxed a little bit but the fire has burned more than two hundred thousand acres and some fifty thousand people have evacuated. Npr's eric westervelt talked to some firefighters. Defending south lake tahoe. Fix smoke and ash. Enveloped the eerily empty resort area of south lake. Tahoe which is usually bustling. This time of year with summer tourists on the outskirts of the city exhausted fire crews in the christmas valley area. I really the last line of defense. Protecting south lake tahoe. Its number side over there. And then it's burning there that way towards the south talk behind us pretty close in a forested area adjacent to cabins and homes firefighter. Steve barnum and a wildfire strikeforce from southern california are scrambling to stamp out spot fires. These are the dreaded windblown embers that ignite many fires that can easily grow into new blazes. Bardem is working to contain one almost got out of control. It was bernie pretty Pie their thirteen fourteen foot claim lakes and get the ember cast off it it gets grasping the needle going and it goes over to the houses. And that's memorial. They're worried about sparks catching the drought-stricken brush dry pine needles surrounding the homes. Right across the road that can turn this forest fire into a battle to save homes and neighborhoods most of these forests and the tahoe basin have not burned since the nineteen forties. The spot fires they're tackling are not mere nuisances really the biggest threat to south lake. Tahoe right now says firefighter jesse alexander because they can overrun control lines and wreak havoc on any well-planned containment strategy and you have a spot fire basically planning might be go plan b. or plan c. depending on spotify jumped across so you can have every intention of trying to hold the road and if it jumps that road a spot fire now you have to kind of change your overall game plan. If you're not able to pick up that's
Environment: NPR
Massive Caldor Fire Closes in on Lake Tahoe Area
"Actual speeds are not guaranteed. It's another tense day. In northern california as firefighters struggled to keep the massive kaldor fire from reaching the biggest city on the shore of iconic lake. Tahoe they caught a break. When wins yesterday were not as strong as expected but forecasters are warning. That strong winds are likely well into this evening. Tens of thousands of people have been evacuated and the fire has now burned some two hundred thousand acres. Npr's eric westervelt has the latest from south. Lake tahoe fix smoke and ash. Of enveloped the eerily empty resort area of south lake. Tahoe which is usually bustling. This time of year with summer tourists on the outskirts of the city exhausted fire crews in the christmas valley area. A really the last line of defense protecting south lake tahoe. Its number over there. And then it's burning there. That way towards taller behind pretty close in a forested area adjacent to cabins and homes. Firefighter steve barnum and a wildfire strikeforce from southern california are scrambling to stamp out spot. Fires these are the dreaded wind blown embers that ignite many fires that can easily grow into new blazes. Bardem is working to contain one. That almost got out of control and it was pretty pretty Pie their thirteen. Fourteen foot flame lakes. And then you get the ember cast off it and it gets grass finding gig on and it goes over the houses. And that's memorial. They're worried about sparks catching the drought-stricken brush and dry pine needles surrounding the homes. Right across the road that can turn this forest fire into a battle to save homes and neighborhoods most of these forests and the tahoe basin have not burned since the nineteen forties. The spot fires are tackling are not mere nuisances. They're really the biggest threat to south lake. Tahoe right now says firefighter jesse alexander because they can overrun control lines and wreak havoc on any well-planned containment strategy and you have a spot fire basically your plan
News, Traffic and Weather
Winds Frustrate Effort to Corral Wildfire Near Lake Tahoe
"They've got a wildfire crews in that area, say the California's Kaldor fire continues to grow there in the Lake Tahoe basin. The blaze fast moving only 12% contained. The challenge has been the gusty winds and dry conditions right now, fanning the flames. Fighting efforts are to keep the wildfire from moving into populated areas. It's on the South shore there. South Lake Tahoe. That's so kind of like the place of protecting here is the fire is actually about eight miles away. We'll keep our eyes on that 8 40 here at KOMO News. We've got a lot to cover here. The beacon
Bloomberg Politics, Policy and Power
Louisiana Braces for Category 4 Hurricane Ida
"Hurricane Ida is less than 300 miles from home in Louisiana with sustained winds of 105 MPH. The National Hurricane Center in Miami, predicts the storm will strengthen rapidly before it makes landfall, bringing a life threatening storm surge, potentially catastrophic wind damage and flooding rainfall beginning Sunday morning, Louisiana Governor John Bel Edwards says this storm could be one for the history books will be one of the strongest hurricanes to hit anywhere in Louisiana sense. At least the 18 fifties as the Cal door fire rages closer to Lake Tahoe. The vacation destination was empty Saturday, leading up to the Labor Day holiday. Smoke conditions, along with shifting gusty winds started to scare off the tourists. A fire watches being put in place for 11 A.m. on Monday by the National Weather Service. That's one step closer to a red flag warning officials are hopeful that several man made fire lines can save the iconic Lake Tahoe basin from the raging
WTOP 24 Hour News
Winds Frustrate Effort to Corral Wildfire Near Lake Tahoe, California
"Firefighters have been facing a critical day in efforts to prevent a massive California wildfire from reaching the Lake Tahoe resort region, fearing that the hot, gusty winds could fuel the stubborn blaze. The Cal door fire church through the mountains just southwest of the Tahoe basin, cloaking much of that popular tourist area in toxic smoke. Hot winds gusting up to 35 MPH, where forecast for today.
Wisconsin's Afternoon News with John Mercure
Caldor Fire: Fire's Footprint Grows Amid Expanded Evacuation Orders
"Out of control near Lake Tahoe, and evacuation orders are being issued around the Popular Mountain resort area. The Cal door fire has now jumped Highway 50, the main route to Sacramento. Cal Fire spokesperson Josh Speakers says strong winds are making it difficult for them to stay ahead of the flames. So discouraging when we get fire behavior like this, that we can't Really control For the first time evacuation orders have been issued for inside the Lake Tahoe basin. Casey Marroquin had to shut down her restaurant and says her thoughts are with her customers. I care so much about the community, and I want to be open for them in times of need. Matt Bigler for CBS
NewsRadio KFBK
"l. basin" Discussed on NewsRadio KFBK
"The basin. And with weather conditions improving in the West, more fresh firefighters becoming available. Tony's Gardena is with the U. S. Forest Service. We're seeing relief in some of those other geographic areas in that surge of resources, some of it in route already others is being coordinated. The Cal door fires burned 107,000 acres at 162 Square Miles that's bigger than the cities of Philadelphia and Detroit. 400 homes destroyed more than 17,000 structures threatened 25,000 people in El Dorado County alone are evacuated or news. Now with KPK is Joe Michaels coronavirus. Very latest news 93.1 KFBK a data breach at California State University, Chico shared more than 100 students personal information on an online anonymous message board. Said the reporting Chico State students seeking religious exemption from the Covid 19 vaccine had their data leaked after someone posted a spreadsheet with personal information for those approved and denied the exemptions, including several N C double a athletes. The dump affecting students requests between June 7th in August. 10th 23 campus CSU system requires all students to be vaccinated against Covid 19 by the end of September. A California lawmaker has tested positive for the coronavirus KFBK political reporter Mike Laurie has more on what's a breakthrough case for a Sacramento representative Kevin McCarthy, The Sacramento assemblyman, says he's tested positive for the Covid 19 virus. Despite being fully vaccinated and wearing a mask in the capital, McCarty told the Sacramento Bee he's notified people who came in close contact with him, including a dozen other lawmakers who attended the same conference. McCarty says he tested negative twice last week. But after feeling.
WSJ What's News
Chevron Begins Employee Vaccination Mandates as Covid-19 Roils Oil Fields
"Has begun requiring thousands of its employees to receive kovic nineteen vaccinations and according to people familiar with the matter. The oil giant is evaluating mandates throughout its entire workforce. The oil and gas industry has been contending with rising infections and outbreaks of the virus have recently been affecting the company's operations and key sites such as the offshore platforms of the gulf of mexico and the permian basin of texas and new mexico. Chevron decision came ahead of the fda's full approval of the pfizer biotech vaccine.
Environment: NPR
States in the West Face Water Cuts
"Residents in arizona. Nevada and across the border in mexico will have to cut their water consumption starting next year this the day after the extraordinary announcement by the us government of a first ever water shortage on the colorado river. Here's npr's kirk siegler. Some forty million people and countless farms rely on the colorado river and its tributaries. The shortage comes amidst a mega drought on the river basin. That's so far. Lasted twenty two years and as desert cities like las vegas and phoenix. Continue to grow at among the fastest rates in the us the entire reservoir system including lake mead with it's alarming white bathtub brings behind the hoover dam is now it just forty percent of capacity. Here's the department of interior secretary for water. Tanya trujillo we are seeing the effects of climate change in the colorado river basin through extended drought extreme temperatures extensive wildfires and in some places flooding landslides and now is the time to take action to respond to them. Arizona will be the hardest hit initially with these cuts. Losing almost a fifth of its entire river allotment for now california will not see any cuts because it's water rights are senior under century-old river laws. This shortage is monumental but it was also widely expected western. Water officials have been planning for this eventuality by ramping up conservation and water recycling. Tom bukowski directs arizona's department of water resources. This is a serious turn of events but not a crisis for now. Most cities won't see water. Supplies cut but farmers will in arizona. Thousands of acres of fields are expected to go fallow. Ironically the arid southwest is a huge producer of water intensive crops like cotton and alfalfa water law experts like marks quill lachey at the university of colorado say climate change will force this region to rethink how it uses its limited water. So many people rely on. We can't handle anymore stresses we're looking at a pretty dire situation right now on the river. School laci says climate. Change is drying out the soils and leading to rapid. Evaporation even a near average winters. Like this last one in the rocky mountains where snow melt feeds the river. That dry soils are acting like a sponge and they're soaking up a lot of water before that water can make it into the reservoirs. And that's likely to continue and federal water. Managers warned the shortages to will continue and probably get more severe. They'll reassess whether more cuts are needed in the next year.
The Atlas Obscura Podcast
"l. basin" Discussed on The Atlas Obscura Podcast
"Nearly a century ago the united states saw the most destructive river flood in its history the great mississippi flood of nineteen twenty seven the flooding stretched from illinois all the way down to louisiana and in one part of the mississippi. The river stretched eighty miles wide. The disaster took the lives of approximately five hundred people and displaced hundreds of thousands. Herbert hoover called it. The greatest peacetime calamity in the country's history it ended up costing the feds about a third of their budget more than a trillion dollars in today's terms. So the army corps of engineers built a bunch of levees up and down the mississippi river but then just ten years later it flooded again. The problem was just too big to understand. So when lieutenant eugene rebelled propose an idea that would allow the army corps of engineers to actually see what was going on to understand the problem. They went for it. They wanted to have this model. Because it's important to know that if you can strapped something here. Are you having unintended consequences somewhere else. Whether that's driven by the flooding conditions the driving the low flow drought conditions whether that's having environmental impacts. Are you reducing access for fishermen. So there's a lot of things that go into. It said this physical model and a time before computers was a great way to kind of fully encompass see the impacts to the watershed just a few years after that second big river flood. The location for the river model was acquired and the site was actually next door to a prison of war. Camp in nineteen forty three when the construction began a lot of the earthworks and subsurface drainage systems were built by the prisoners of war that were housed at camp clinton. There's some interesting stories from the locals in clinton about interacting with with the prisoners of war and escapes and things like that but they were given it was it wasn't mandated that they do this. They were. They were paid and canteen script to do this. Work the engineers who worked on this model woodhouse with the difficult project of figuring out what had happened. In those previous floods in the hopes of preventing future ones so to start they laid down materials which mimicked the physical terrain of the earth and then to simulate rainfall and they used inflow controllers and there were hundreds of emplo controllers throughout the model. Because if you think about it. It doesn't always rain uniformly across the entire. Us all at the same time all with the same intensity so you could program Kind of using the same technology as automatic piano players were their re-stimulating or or calibrating maybe a historic event. Sarah said that after plenty of testing they started to see just how accurate this model was proving to be. They matched within Tens of feet of recorded data so they felt pretty confident that as far as historic events They were getting the same results. Once they felt confident about the model's accuracy they could start running theoretical situations. They'd play out different. Severe rainfall scenarios and respond. This help them see some of those unintended consequences of flood mitigation. They finally had the bird's eye view that they needed to achieve their goal. What's going to resolve the issue with the least amount of impact to our citizens and those that were called to protect Some would say it's kind of it had to be incredibly difficult job to not only not the model impart probably was really fun to kind of troubleshooting problems like that's the heart of engineering but then to to say with confidence to someone that's going to have to operate those flood ways. Yes i'm a hundred percent confident. This will resolve your issue. That had to be incredibly difficult decision at. I know it can't be taken lightly by anybody that uses any of this information even today to make decisions like. I don't think anybody takes takes those decisions lightly. Sarah a mississippi transplant. I learned about the model. We'll brainstorming with some of our previous colleagues about community projects at first they were talking about helping neighborhoods. Get bike lanes or running trails then Someone else mentioned well in our own backyard. We have this really cool historical river basin model. And we're really what is that like. That's i'm not from the state. So i had no idea but then the more people you talk to an earlier they said. Oh yeah i remember. When i was a teenager i went out there or yeah. My dad used to work through the army corps. Worked out there. And then they told the story of camp clinton the prisoner of war camp and how the model is built and we were like. This is just too cool. Let's at least go during lunch one day and go miss the site. And that's how sarah and the friends of the mississippi river basin model found. It would start it as a cleanup day turned into a nonprofit organization with some big goals of its own. Well we're hoping you know if we could ever get a portion of the model kind of restored maybe not to scientific calibration but we would like to do the mississippi delta. We'd like to be able to have like a pump and water system where we can just run water through the mississippi delta which is obviously close to our heart being so nearby But just show what it looks like. Once the water over tops the levy At those locations completely theoretical and again not scientific but just to to physically apply what the model used to do said they could see it in a perfect world. Sarah says they'd have enough money for a science center for kids to engage with engineering software and actually work with the model inaction earth. My parents being engineers. I was extremely blessed to have the type of upbringing that challenged my thought. That never said. I couldn't do anything i wanted to do. I just wanna give children. That don't have the same resources and privileges. I have access to spin nearing concepts the way that this is a model. But it's also a map. I feel like we could really help. Put forth like geographic literacy at like. We don't always have the connection between where we're at in our geological and our physical features. There's also a real need in the community for access trails and parks. That are for everybody. The friends of the mississippi river basin model are making a lot of headway on that goal. They've cleared trails that you couldn't even see before you just have to be kind of careful or stick to the buffer cleared area around the model that we've we've we've kind of tried to maintain They really if the park is opened onto desk. The models open so you can feel free to go out and explore and they want you to come explore like a giant striding across the mississippi river basin from omaha to.
The Atlas Obscura Podcast
"l. basin" Discussed on The Atlas Obscura Podcast
"No matter what you wanna protect nobody has more experience helping. Keep it safe than adt. Adt has received the most burglar alarm events in the industry and help save more lives than any other home security provider. Adt was named the best home security system of twenty twenty by us news and strategic analytics. Twenty twenty says. Adt is the number one smart home security provider with adt. You get twenty four seven peace of mind from the creators of the home security category. Adt has over twenty thousand employees experienced in helping. Keep you safe and experience matters. That's why millions of people trust. Adt to protect what matters most and keep them safe get all the latest security upgrades from the largest name in home security. Adt stands for quality and timeless protection. Visit adt dot com today. If you took a walk a really long walk from baton rouge to omaha. It's safe to say would definitely take more than sixty minutes in the real world. You'd have to be an enormous giant to do that but at the mississippi river basin model. Everyone's giant that's because the model squeezes sixteen states the parts of those states that are all connected to the mississippi river into a couple hundred acres of space to reference. That's about the size of one hundred fifty football fields there. Ever based model is a physical model Physical hydraulic model of the mississippi river basin. This is sarah mcewen and the reason she knows so much about this model is because she's trying to save it. It doesn't go to the headwaters but it is kind of stops at key points along the tributaries that The mississippi river main line would have had backwater impacts. So you have like tulsa omaha nashville. These are all kind of key points that are the upstream reaches and then you have those rivers that flow down until they converge join the mississippi. And then you have the mississippi all the way down to baton rouge about half a century ago. The city of jackson mississippi took it over from the us army corps of engineers but by nineteen ninety-three. It was completely shut down with no vision for its future. It was in the middle of a park. Say you have soccer field. Do you have go kart track. You have mountain biking trails but to my knowledge besides kind of mowing it initially to keep the trees and education contained. That was really all that was diet. I don't necessarily know if the if the thought was there that this could be something so. The river basin mama sat there dormant for decades. Eventually it was forgotten. It became a kind of secret. Deputy director he came out and he said i had no idea was here in the middle of his park. So it may have just been kind of. It's just so hidden so unless you were from clinton and the time when that area around the model was still mode And you saw it as.
The Atlas Obscura Podcast
"l. basin" Discussed on The Atlas Obscura Podcast
"If you took a walk a really long walk from baton rouge to omaha. It's safe to say would definitely take more than sixty minutes in the real world. You'd have to be an enormous giant to do that but at the mississippi river basin model. Everyone's giant that's because the model squeezes sixteen states the parts of those states that are all connected to the mississippi river into a couple hundred acres of space to reference. That's about the size of one hundred fifty football fields there. Ever based model is a physical model Physical hydraulic model of the mississippi river basin. This is sarah mcewen and the reason she knows so much about this model is because she's trying to save it. It doesn't go to the headwaters but it is kind of stops at key points along the tributaries that The mississippi river main line would have had backwater impacts. So you have like tulsa omaha nashville. These are all kind of key points that are the upstream reaches and then you have those rivers that flow down until they converge join the mississippi. And then you have the mississippi all the way down to baton rouge about half a century ago. The city of jackson mississippi took it over from the us army corps of engineers but by nineteen ninety-three. It was completely shut down with no vision for its future. It was in the middle of a park. Say you have soccer field. Do you have go kart track. You have mountain biking trails but to my knowledge besides kind of mowing it initially to keep the trees and education contained. That was really all that was diet. I don't necessarily know if the if the thought was there that this could be something
The Atlas Obscura Podcast
The Mississippi River Basin Model
"If you took a walk a really long walk from baton rouge to omaha. It's safe to say would definitely take more than sixty minutes in the real world. You'd have to be an enormous giant to do that but at the mississippi river basin model. Everyone's giant that's because the model squeezes sixteen states the parts of those states that are all connected to the mississippi river into a couple hundred acres of space to reference. That's about the size of one hundred fifty football fields there. Ever based model is a physical model Physical hydraulic model of the mississippi river basin. This is sarah mcewen and the reason she knows so much about this model is because she's trying to save it. It doesn't go to the headwaters but it is kind of stops at key points along the tributaries that The mississippi river main line would have had backwater impacts. So you have like tulsa omaha nashville. These are all kind of key points that are the upstream reaches and then you have those rivers that flow down until they converge join the mississippi. And then you have the mississippi all the way down to baton rouge about half a century ago. The city of jackson mississippi took it over from the us army corps of engineers but by nineteen ninety-three. It was completely shut down with no vision for its future. It was in the middle of a park. Say you have soccer field. Do you have go kart track. You have mountain biking trails but to my knowledge besides kind of mowing it initially to keep the trees and education contained. That was really all that was diet. I don't necessarily know if the if the thought was there that this could be something
Oil and Gas Startups Podcast
"l. basin" Discussed on Oil and Gas Startups Podcast
"You know denver is addressing that here even this month starting construction on their co two pipeline to bring additional co two or new co two into the the bom county area. That you were just referencing. Our they're gonna use that fernando or recovery going forward. There are a number of projects where folks are are going to be producing. Co two in state and then piping it west or to the williston basin for either sequestration or enhanced or recovery. So we're going to see this space. Probably rapidly evolve here you know in the in the coming years the for those that are not from there with that group. Check them out. As far as the experts north dakota the geology and co two You know i. I just pulled up a slide from from their president here you know. They're estimating that for the bach in in in an unconventional resource. That two to three point. Two billion cubic feet of of co two could be used or two to three point. Two billion tons of co two Would could be used to produce an incremental seven billion barrels of crude oil than north dakota. So i mean there's tremendous amount of space governor. Mom in may put out the challenge that he wanted to see. North dakota become carbon neutral as a state than using that Williston basin as a way to bring co two from outside sources and use that asset for again all the options. You are sequestration. It's all on the table right now. Yeah i think that. I think it's it. There's i think there's a massive amount of running room really appreciate that explanation. There's a massive amount of running room for co two north dakota i think the demand is gonna is gonna grow as people get their footing with prices and in understand infrastructure. Layout so i i i personally. Co two sides. Going to be big. And i think it'll be bridge particularly big on the enhanced oil from a production side. Both and i actually think it will be used for for the unconventional formations in the balkan. Three forks as well. That may take little time to get there. But i i think that they're so that's exciting from our production standpoint. And i would just note that i think it was harold hamm who said recently that he only thought that three percent it was two to three percent of the balkan had actually been produced from a production standpoint and it reminded me of those I think it was lee price. Who had you know this papers from the nineteen seventies that. You can't find any more that i printed out that are like a hundred pages. Long about seventy billion barrels being in the balkan and this was decades and decades ago. But the reality is it kind of is the gift that keeps on giving and as you're explaining of not just being able to sequester this tube able to use it it could be a state that really Is able to sort of capture Several angles and also help enable the state to continue producing a stable of our production for a long period of time. The north dakota to their credit to legislature and lynn helms. I mean they really got after this years ago. North dakota became the first state to get primacy from the the epa to regulate within the state the sequestration the disposal of carbon dioxide. And so um there's incentives on the books that have been put in place..
Oil and Gas Startups Podcast
"l. basin" Discussed on Oil and Gas Startups Podcast
"Nco two and hydrogen just a cover the gauntlet. Yeah well he just in his last presentation mentioned there's that one one non oil and gas rig that's working on co two sequestration so we could start there and and head into the g. Yeah that would be great. I have i have. I really do want you to talk a bit about you know. Starting there in the co two. And then i have some additional questions. We'll sort of the state of where it's at and you know i know we've had some conversations just on on the regulatory side of of how different regulations on co two. And what. I know the state's looking at that and and how you guys are sort of doing that in that kind liked to loop that back to To issue a little bit. Yeah absolutely so the williston basin as a whole and. It's it's exciting for me to watch. This space continued to evolve for those. We didn't want to get into my background real far but one of the first things i did in the in the industry is working with the energy environmental research center in grand forks. Still a student and working on their plane. Co two partnership and and. i had a professor who was my adviser at the time and trying to figure out my senior design. What i was going to do and he said well. There's this thing called the balkan. It's it's it's over montana. No one ever really thinks it's going to happen in north dakota. We think that north dakota long-term will be a big carbon sink for for carbon dioxide in the decades to come and so my senior design project was capturing taking from a power plant and designing a sequestration model pumping it safely underground into the broom creek formation and so that was all back Many many years ago and so it's fun to see projects now coming to light. That are Turning some of that type of work into reality and so north dakota is a tremendous tremendous asset for north america. As a whole. The us strategically The geology great seismically stable. It's got the right type of rock formations and more importantly the right type of cap structure. down.
Oil and Gas Startups Podcast
"l. basin" Discussed on Oil and Gas Startups Podcast
"You know who's drilling those wells. The actual wells the productivity of these wells. How gets brought online all this and the amount of the frankly are they saima fracture. The twin facts like you know the productivity gain the the speed in which they're fracking speed in which show drilling all. These things are extremely meaningful and unfolding. And and truthfully i can tell you in all my market research and talking to folks. it's not well understood. You know it's not wanted by a lot of a lot of entities on a lot of companies of of the the speed of small efficiencies in the compounded impact of efficiencies of just drilling drilling slightly longer wells or site long laterals and drilling the faster. It is compounding and. I'm not sure if you guys are feeling in in. You're probably filling in north dakota. We're feeling it across the country. But i know that liberty mentioned in their earnings call the massive impact there saying on not being able to get enough workers and really struggling on the on the competition. Space of nokia chuckers competing with amazon in every other delivery service and just in the lack of of access to labor and imagining. Especially in north dakota that you have plenty of pipelines but you do have a need for truckers and you do have a need to move this accent and thinks might be slow now but as they sorta you know the price signals there and folks are ramping up and entities like continental is saying. We're bringing another rig not going to be counter-cyclical to what we normally see when things drop off towards the back half of the year is that are you going to start to see some tightness on those things and i mean that's not. I'm not saying that's bad thing but you may see some tightness in the market and getting all this stuff together and are you seeing that now. Absolutely so labor His his four fronton in a lot of discussions as well. So north dakota in the past We we were kind of counter. Cyclical to some of the national events going on and so when the nation was going through some difficult labor force issues. North dakota had jobs and and folks were were willing to move here After this last downturn were now in an environment where there's labor shortages in in all sectors than.
Oil and Gas Startups Podcast
"l. basin" Discussed on Oil and Gas Startups Podcast
"Great great until he just want to know. You know. i'm just curious. I don't think i've ever asked you this before. Is is there an opportunity for and a death and iser straddle plant downstream somewhere. As as somebody thought about doing that. Yeah so all all options have been on the table. And so whether whether it's a straddle facility whether it's you know all new plans adding death keep retrofitting existing plants One of the other concepts being in there is you know. Can you blend hydrogen in it. We're seeing a number of Midstream companies around north america. You know enbridge and others looking at blending. Hydrogen hydrogen has very low btu content per cubic foot. And so could you cancel out some of that effect. So there's people are getting or have gotten very creative over the last twelve months as this really came to a head. In north dakota imagine there's a limit on the most pipelines existing pipelines. A lot of them part of the issues with hydrogen or that they are not built to handle. Hydrogen and existing. Natural gas pipelines are a simply. Can't hold it that. There's there's a lot of a lot of risks that you'd you'd have to sort of retrofit a lot of pipelines to increase the volume. You know if you're trying to push line on adding hydrogen formatting other components and pipelines not to swing this too far but It would take very low single digit percentages to really impact. That that challenge here from north dakota so it is most numbers are already on that five to ten percent seem like a reasonable number four what a pipeline can safely move. That's what folks are are testing out right now but it would take on the lower end of that to to make a meaningful difference. We're not a typical north dakota plant exits one. That's rejecting ethingham ron. Twelve hundred to you. So we're not going from twelve hundred. Something extremely lawyers trying to get it from twelve hundred to two eleven hundred and so at at ethene or i'm sorry. Hydrogen content of three hundred. It doesn't take much blend into to make that happen so just to sort of bring all listen to a a thesis for what's going on north dakota. It sounds a lot like the gating factor on production is companies commitments to free cash flow and their willingness to spend their being conservative now rather than infrastructure. And until they get a little bit more aggressive underplaying rigs into point capital more comfortable on.
Oil and Gas Startups Podcast
"l. basin" Discussed on Oil and Gas Startups Podcast
"What holds their feet to the fire in terms of hitting this learning targets so that the state of north dakota the the industrial commission oil and gas division lynn helms and his team there so they have throughout the last review started to ratchet up what their requirement isn't so today's threshold is that all companies need be at a ninety one percent capture or or nine percent flaring few flip that around if a company is not hitting that target the oil and gas division has the capability to go in and start throttling back their production until they do hit that. So the the biggest stick that that those regulators have is on the threat of of shutting in or cutting back production from those wells. And so that hurts. I wouldn't worry from a producer for sure and with respect to the sort of benefits in some markets and in In some market environments when ethic prices are high versus when. They're not on your rejecting ethene and you talk about that decision point for the midstream. How how ethin- rejection has trended over time and then this may go over the heads of some people listening to this podcast but it might be. We're talking about the btu. Content on northern border and how that impacts our doesn't impact guests say quick facetti absolutely for the listeners. That have been part of north dakota following north dakota last couple of years audit. They're gonna know exactly what we're talking about on the btu and the ethene side for those outside just very very quickly so again. That discussion of north dakota's gasping very very rich Fifty percent of that ngo content is ethene and so when you the first part of the decision tree is can you even capture that f. and there's a number of processing plants in north dakota that were constructed and built their refrigeration plants. They do not have the capability cold enough to strip out that ethene so for some there is no decision to be made. They cannot do anything with the pain that that high ethin- content needs to just beat sent out with the residue gas tailgate for those plants. That do have that capability A couple of large complex stateline. That one oak and then the taga facility. They have a direct ethene market up in alberta for the pet cam and so there's market incentive there but for the rest of the plants that do have that decision to be made. They will look at okay. What's the market doing. Is that ethene more valuable to the producer as heat on in the revenue stream or is there downstream appetite where we can send that down the jail pipeline system and so here really since about february of this year. We've seen a bit of transition from some of those plants that can capture the thing we've seen about twenty five to thirty thousand barrels of incremental. Ethene been captured here in the last six months that we weren't seen before but they again that's a market situation is the long-term expectation. No one really knows. But what's happening is the plants that can't capture the thing that are having to stick out on the residue and and when the market is not right for a thing to be captured and it has to you know the the next best option is to put it in the revenue stream. Everything that that's getting put on. Northern border is continuing to ratchet up that energy content.
Oil and Gas Startups Podcast
"l. basin" Discussed on Oil and Gas Startups Podcast
"If i'm an infrastructure provider burr for needs down the road absolutely and so the going forward. I've as far as forecasting if we want to change gears and start talking about. Where do we saying heading you know I have what i call my base case and so we have been looking at this right or wrong right now. I'm i'm getting comfortable with a relationship. Between price and activity about an eighty percent ratio of what it was pre pre kobe. So i'm not gonna go back to using the same type of of activity metric pre cova Going forward and so. I've taken a twenty percent haircut off of that common starting to settle in on some comfort there again. What will see But even at that eighty percent level now do use the oil price outlook and so depending on what price index looking for looking at the strip or pick your pick your number But using the i a they've got some pretty strong pricing in those outward years that really support Higher activity levels higher production rates and and again when we look at that growth long term. I'm not i'm not really ramping. Up crude oil substantial rate. You know it bumps up a bit here in twenty twenty two in my my base case scenario seven percent but then in that twenty twenty three twenty four. We're looking at low single.
Oil and Gas Startups Podcast
"l. basin" Discussed on Oil and Gas Startups Podcast
"That one missing piece of the pie and white so critical for north dakota's we have a. We've built up over the years This continual rolling fleet of abduc wells and sort of tibetan understand what can fifteen frat crews do. Right is is five. Completions a month a good metric with Simul franks higher than that. Are we looking at seven or eight wells per per crew per month. And so that is those are meaningful changes soldier things. We're trying to bake in right now and understand in greater detail. Yeah i personally think this is ano- ethan may have some comments on this as well but we talked about in the past previous podcasts. And we'll be getting into in the next one's on when we talk about the earnings for for service companies liberty just had. There's nobody is really actually giving a lot of color on. What's the the amount of frankly are out there whether they're fully dedicated. I know that that a liberty did not note that in the learning. Pskov of whether or not these wells or these athletes are fully dedicated I wouldn't say. I mean that was what i heard that. There were fifteen running in north. The earned wilson based on seems extremely high. But it also seems like this is very much a function of this sort of hosts kobe. You know walking that we see in the market. And that's that i. They exact number for ducks sometimes ducks..
Oil and Gas Startups Podcast
"l. basin" Discussed on Oil and Gas Startups Podcast
"You know books on our board and stuff get crude by rail before it was even a thing of moving bachan crude to the east coast. But i think the just thinking back to the impetus. I mean north dakota was so far for market just like the canadian oil sands and it competed for pipeline space with the canadian oil sands and they were both sort of growing and production around two thousand ten twenty eleven and it was something completely new folks in. Dc had no idea what was happening in north dakota. it was so far out of their purview. And it was a new major production center and they weren't aware that it was going to grow as fast as the did. And it didn't have the pipelines in place certainly not pipelines to get to any major coastal refinery. And so had this was always always you know strangled by a discount on for transportation and that is what i think is the coolest thing today and something. I'm pretty bullish watching my cousin here. I'm pretty bullish on. North dakota and the wilson based on in general because of where prices are at even though we've had some backsliding because folks are quite concerned about the delta very and chinese economy but let's just say around seventy dollars. Wti right now and we do not have today any major highpoint constraints right now out of the williston basin which means you've got a green light for production growth and activity in north dakota and that sorta aaron wilson base more broadly. But that's sorta were like to take. This is given where you know a given more production. It's about one to one point one million barrels per day. Right in the wilson basin. And you know we haven't. We didn't add a ton of wells in two thousand twenty so obviously production came down. There were a lot of wells that were shut in during two thousand twenty of this came back but listening to the continental earnings. Call this morning. They were also quite bullshit as well. They're running you know or triple the rigs that anyone else's running they're running eight rigs that looking to add a ninth rig in the balkan. Obviously they're bullish on oil prices bullsh- sean oil dubreuil bullsh- on the macro and they're certainly bullish on the wilson based on and i think without these and constraints they should be but just an and ethan..
Oil and Gas Startups Podcast
"l. basin" Discussed on Oil and Gas Startups Podcast
"Awesome well. I'm really excited about this podcast. You guys know that ethan. I talk a lot about. We've talked a lot about this. Code access pipeline. We've talked we've dropped justin's name a few times in this podcast. Ethan knows as justin from way. Back when i think before we were talking before i met him But just creek sad is With north dakota pipeline authority. And unfortunately this is not the podcast where we're going to let you talk about your background where you went to school and you know all that thing for thirty minutes if you wanna do that gotta go and check gates guests But this 'cause we're content driven in here so we while we're very impressed with your background Justice with north dakota pipeline authorities. So if you want to say anything. Additional about the north dakota pipelines already and essentially what it is folks probably don't truthfully on may not understand what exactly is an oscar pipeline already because it it essentially is just an end. You know the. I know in your website on the north dakota pipeline sorta website. You produce you. Have you know the transportation table. You've all the information out there. You have really good webinars and presentations which you now have a recording too. And i was just listening to your last one so tons of data tons of information yet. There's really no excuse not to. I mean if you're trying to dig into the wilson basin. There's no excuse not to have to uptodate production data which will get into because you provide it really well. So do you want to add anything to that. Before i start slamming and diving on when prices and everything. So just have thank you for that introduction. This is thankful for the invited to join game today. And so yeah. The the pipeline authorities unique is a state government agency but it's one hundred percent non-regulatory so my day to day is on the business development facilitating Trying to get good. Reliable market information production forecasts market conditions and trying to have again a good reliable data for those decision makers in the midstream industry to make timely decisions. We know that time is of the essence. When when this agency was created back in two thousand seven they already knew that transportation logistics we're going to be a major constraint for the bach and they were absolutely right At that time no one had any of the scale that we were going to grow into You know again. I've been in this role since two thousand eight. The month i took over it was hundred. Seventy seven thousand barrels of oil production per day in north dakota and so really kind of grown into the role and so again anything you see out there probably came from from my hands but if you love it hate it Don't hesitate to reach out to me. There's usually a lot of information behind the scenes. Well and tricia tech's over..
Oil and Gas Startups Podcast
"l. basin" Discussed on Oil and Gas Startups Podcast
"These operators. Are you said on the previous podcast. So these operators are outspending at least the diamondbacks pioneers in the free flow religion. They're they're going to spend lewis for now. Well they're saying this guy hit their guides what's tricky and what they're getting asked on earnings calls this is would they increase production and if the whole fossey is not increased production than wife doing these asset purchases. And it's honestly kinda fair question of if your goals not increase in pioneer says. Basically we're we're not increasing. We should be purchasing these guys who we can consult gobble the small guys and then they will increase production but say just on diamondback. I mean so there. So the drill lateral feet. I think has gone down a smidge. And that's only. Because i think some of these actual purchases They talk about not drilling for the drilling longer laterals for the sake of a drilling longer. Lateral so if you if you track their average if you look up damning backing yoga slow and permian basin you can see. They outperformed crush their peers on average length counties but the to note on this is because every single company is drilling longer laterals and we're hearing increasingly talking about two and half along fifteen thousand foot we're talking about. I'm pushing three mile long levels so every call is talking about this and you hear this and liberty call as well and other services companies and so the point of this as we said it before it sounds really simple. Eight makes a huge difference in terms of if every if all your large independence so drilling pushing three mile and laterals or let's just say the pushing twelve thousand and all their wells. They're drilling less wells. So they're getting the incremental as long as the performance not getting diminishing marginal returns on those feet. That's not gonna be everybody but something these these guys notes turn over bone move lateral links that so it's been like we we've seen i think they've tried to test it in the marcellus and stuff in ohio is like three miles. And that's what we're sort of. Were literally hearing operators. Say were gonna be doing through my own house because we have walkie nice long acres positions and the advantage to them is that you're just drilling less wells. You're reducing your cost. I think a few years ago you would have said. There's a lot of hesitation. We didn't see that one because we didn't have the acreage together perfectly a few years ago and was because people were concerned about completing the end of that lateral. Not that the completion. You could technically do it but you know what would the drill out. And it was always the tow. It was always. The very end was going to be perfect. And i would wager. We haven't seen enough of it yet. We haven't seen enough two and a half and three mile long laterals consistently especially with these simultaneous france. And everything to say are they really not having dementia marginal returns but it really depends on said you talk about intense. It's situational for them. They'll choose to do when it works and they take more about geology. Other operators like pioneer. Saying no we're this is what we have the blocking acres to. This is what we're going for. So i just think it's absolutely something when you think about the overall trend of the market so we think about consolidation anything. Big operators like diamondbacks in pioneers buying companies walking acres and then drilling longer laterals. The implication is that it has a does have a domino effect on the entire service industry. Meaning that you do need less rigs meaning that you are doing more with less and intern unions less. Frankly we'll get to. This was with liberty. But i think that's that's a really important thing to think about. Is that you just need less. I mean we're already doing so. Everything in their call us efficiency efficiency. And i would say back at least a couple of quarters ago used to talk about like for every penny saved. It is a million dollars on free cash flow. So i thought that was an important that that's how they're thinking about it so interesting to listen to and i think they're they're doing while overall i mean they're good operators and they seem to be crushing it and kudos to them so okay. Let's let's move onto if you're done with diamondback check now done with them into the the widely acknowledged leading independent neo. Gee us yes in broader. Because they're not just do not appear permian pure player so they do have foot in other basins. Particularly eagle furred and william. But they're not really active so yet yuji double the title of their and being on them. Baytown it's shifting to double freedom. So i think medicine this. In in one of our previous podcast. We talk about the double premium. But it's so says high returns lower declines more free cash flow there. Honestly you know. Yuji is known obviously for being one of the leaders and pioneers in the industry and obviously being the company to model in terms of for shale both from a technical standpoint from jealousy for rock everything and it is really interesting. How they're leading in this independent space because they have not I do not think they've leaned in really hard into the whole. Ese thing and the reason. I say that is because i listened to all these calls new home stacks. Were talking about it. And they don't i personally don't think they need to. They need to work on the same stuff. Like diamondback doing. They need to work on keeping their their barrels low on emissions. And they need to. You know being able to validate that but they when you're making money and you're making returns in your crushing it. Special buoyant lube yes. Special dividend detect a lot about. That was a little bit a bucket share. It was kind of a k a to to see if you own stock now. They also what was interesting is they were asked about that. Like oh did you get that. Because you've got high gas prices during the storm and they were like we have forty million bucks from the storm so it wasn't a six hundred million that they dispersed on there on the on the thing and they so. This dividend thing is another series component to this is that all these companies have a different perspective on how their variable dividend most companies with devon. So and i. I tweeted at the time that i thought it was brilliant because these are inherently highly cyclical businesses. And how you want to approach it. I think a very worried dividend based on your actual quarterly profitability makes tons of since the trickiness on. I think you've talked about is that they don't want it to be very. They want a consistent dividend. Well of course there on sunday every night for dinner but fat and lazy well. That's just not how the pioneers fan the company. That was big on less right that saying. Hey we're gonna do this so you'll have our dividend plus we'll have this variable dividend that's great but your shareholders. Still want to know so you should. I mean you're fighting a battle that you're paying your diesel stock price everything but you're fighting a battle work. Nobody loves only gas. You're fighting to be in a long only portfolio. You're competing on the issue side. You have to have these little emission barrels have to stop and you have to have the dividend. That's the same. That's kind of.