Leslie’s Notebook

Archive for April, 2008

My new geopolitical theory

Monday, April 28th, 2008 Posted in Uncategorized | No Comments »

I have a new geopolitical theory. It goes like this:  As the price of oil--and of gasoline--goes up, the IQ of politicians goes down. The R-squared correlation on this is ... Read more..

XTO’s Simpson: Words of wisdom on current bull cycle

Friday, April 25th, 2008 Posted in Uncategorized | No Comments »

XTO Energy chairman and CEO Bob Simpson thinks we are entering a protracted bull cycle for oil and gas. Speaking at the annual Howard Weil energy conference in April, he said: "It ... Read more..

Pioneer: Spraberry Upside, Pierre Shale

Friday, April 25th, 2008 Posted in Uncategorized | No Comments »

Return on capital employed is increasing for Pioneer Natural Resources (NYSE: PXD) now that its underwater hedges are rolling off. Earnings are set to double in 2008 and triple in ... Read more..

Shale Notes from Howard Weil Investment Conference

Friday, April 25th, 2008 Posted in Uncategorized | No Comments »

Here are some shale sound bites from the 36th annual Howard Weil energy investment conference in New Orleans, held in early April. Barnett shale "In the Barnett, our goal is to ... Read more..

Chevron’s Don Paul: Do the math

Friday, April 4th, 2008 Posted in Uncategorized | No Comments »

Every molecule counts. That's the message of Don Paul, the recently retired chief technology officer for Chevron. He joined the company in 1975 as a geophysicist, but he goes out ... Read more..

It’s about TIME

Friday, April 4th, 2008 Posted in Uncategorized | No Comments »

Did you see the recent cover story on TIME magazine? Ethanol was once again blasted for being too expensive aad energy-inefficient, not scalable, and in fact, creating its own pollution. I still ... Read more..

An oilfield prayer answered

Friday, April 4th, 2008 Posted in Uncategorized | No Comments »

HB Rentals is one of those unsung heroes of the oil industry. Not a glamorous, high-tech, 3-D company. No. It just provides accommodations and camps for workers at remote oilfield ... Read more..

An evening with George Mitchell

Friday, April 4th, 2008 Posted in Uncategorized | No Comments »

Oil and Gas Investor was privileged to host a dinner recently in Fort Worth. It was held in honor of George P. Mitchell, the 88-year-old founder of an oil company ... Read more..

Larry Nichols: Watch Alberta

Friday, April 4th, 2008 Posted in Uncategorized | No Comments »

Political risks are higher now than any other risks to the U.S. oil and gas business. Presidential candidates and current members of Congress need look no further than Alberta to ... Read more..