RGV AG

Who knows what scared them off, I think the vote was fairly close. What I imagine played a big part is that various schools realized that ITSEM can probably money whip, to the 4th power, any Division II school and probably some Division I schools too.

Safety is somewhat of a concern, but very, very minimal in my opinion. I am back traveling and working in Mexico and things are much more low key than they were. The people in Monterrey, especially the ones associated with Tech, can make things 100% safe and for themselves they have. There have been some un reported "clean ups" in that area and last time I was there, about 2 months ago, the Tech area of Monterrey and the two nice parts were peachy keen.

I think some of the recruiting issues probably were a concern, as in order to be truly competitive Tech would have to recruit some American players, as would the other schools if they wanted to compete. Equally some of the US schools might also want to look at some of the Mexican players at the big HS programs around Mexico City and some of the bigger cities.

With 100+ million in population there is bound to be 50-100 kids a year that can play Division II football.

The Monterrey Tech HS team used to play the RGV schools fairly regularly and for the most part they would beat the hell out of them. Thus they quit playing them too much.

I dare say the college soccer program of D2 might have a new king if they let Monterrey Tech in.

Back in the 60's and through the late 70's Monterrey Tech used to recruit players from Texas to play on their teams. They had some very good teams back then and were absolutely schooling the other teams they played.

Somewhere in early 80's that practiced was stopped, although an occasional Texas player still plays.

LINK

That is ITSEM vs. A&M Kingsville in 2013 in Dallas. Monterrey Tech lost in 3OT's.

Football is very, very popular in Mexico.

Tiger Dog:

Thanks for the info, I have oft wondered about the numbers myself, as I know very little about it I have been curious as to where the operators get those numbers.

A few of the wells are still holding above 1500 barrels per month, but to get some of the EUR's that are being thrown around they would have to average 3600 or so barrels a month for 15 years. I have always wondered what the life expectancy of these wells is? Any info would be appreciated.

Red Roach Gameday, taken from Texags and credit NSA from a while back.

quote:

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8 AM) Wake up early after all night drunk. Must have been a good one -- I'm out of ammo and I'm covered in blood. I'll bet the Aggies would be obsessed with me if they could see me now. I drink 4 quarts of gin and then get out of bed.

8:30) I shower and get dressed in usual game day ensemble: black and red cowboy boots, skin tight black pants, red belt, skin tight red shirt, black cape and black matador hat. Under it all, I'm wearing my "Official Mike Leach" long handle underwear, with the BJ Symons picture right on the crotch. Because of my high carb, high malt diet, I can't see my belt to see if the buckle is straight. I ask my wife how I look and she tells me I look like a Zorro impersonator at a gay bar. She's always kidding me! I laugh as I drink 3 bottles of cold duck.

8:45)My wife makes me bacon and eggs for breakfast. I wash it down with a beer. I'm trying to cut back, so I only eat half of the bacon.

9:00) I ask my wife if she's going to the game with me. She's in a slinky, see through black dress and wearing my favorite perfume and those really high black heels. She tells me that she's going to spend the evening at Wal-Mart and won't be back until 4 a.m. Just then, there's a car honks and she darts outside. She gets in the car, which I assume is a cab, and kisses the taxi driver as they drive off. I didn't know her tongue was that long! She knew I was watching her, so she waves at me. She's always kidding me. I drink 2 40 ounce malt liquors as the car weaves down the street.

9:15) I sit down in the den and start coming up with cool new ways to misspell Aggie. Finally, after an hour, I settle on "aigeg." Hah! Those doofuses. When I post this on the Aggie message boards, I say to myself as I down 6 shots of tequila, they're sure going to be soooo jealous of Tech.

10:15) I go outside to practice. First, I tear down the elm tree in my front yard. Then, I pull my revolver and take some pot shots at the house of the Aggie who lives across the street. I have often noted his obsession, even though he acts like he doesn't know who I am. Today, he is screaming at me through his closed door. It appears that I may have winged his kid. Stupid Aigeg! I throw a bottle of Chivas, which I just downed, into the street.

11:00) Game time coming. I poof up my hair with the air compressor in the garage, then shellac it in place. I put on enough gold chains to set off the metal detector at the Abilene airport, even though I live in Lubbock. Finally, the pièce de résistance -- my own special mix of Aramis, Brut, Old Spice and Aqua Velva. It can kill vegetation for 30 feet in all directions. I splash it on heavily, then drink a quart just for good measure.

11:15)I peek in the walk-in closet and notice my wife's side of the closet has been getting more spacious every day, as if she were sneaking her clothes out of the house a little at a time. What a great joker! She's always kidding me! I almost spill a keg of Bir Bintang Indonesian beer on the carpet as I stumble out.

12:00 )I couldn't make it to Stillwater, so I head to the Weasel and 'Tard, a sports bar near the campus, to watch the game on TV. I won't drink and drive, so I pull over every block to drink a sifter of MD 20-20, then I'm back on the road. I'm all about responsibility.

12:30) The usual crowd is there -- angry, bitter drunks who are convinced that everyone wants to be just like them. And their husbands are with them, too. Feeling parched, I slam a kid's sippy cup of Folonari Asti I see on someone's table.

1:00) I get into a fight with someone after I say that the Downtown Athletic Club should give BJ the Heisman Trophy today. This one guy agrees, but says they can't do that until the end of the season. I throw back a flask of Angostura Bitters and then throw some half-assed drunken punches him. Finally, I collapse on the foosball table. "Stupid Aigeges," I try to mumble under my breath.

2:00) It's almost game time. I do that Tech gun thing and everyone hits the floor. Apparently, I learn later, I was really holding a loaded gun and pumped 4 rounds into the ceiling of the Weasel and 'Tard. One of the bullets punctures a pipe and a smelly yellow fluid sprays down on me. I drink enough to fill a high ball glass before the manager figures out how to cut it off.

2:30)It's kickoff. I'm in and out of consciousness for a couple of hours, but it seems as though the team is doing well, or at least that's what the pink elephants tell me. I can't wait to see how we do, and then to get on the Internet and taunt the Aigeges about it tonight.

4:00 a.m. I'm half asleep on the couch as my wife returns home from Wal-Mart. She isn't carrying any bags. I guess she forgot her purse. I say "good night," and she tells me to drop dead. She's always kidding me.

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I believe that is Halcon, if I am not mistaken. It appears they are taking this a little more seriously than before.

quote:

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"Goodrich Petroleum Corporation (NYSE: GDP) today announced the completion of its C.H. Lewis 30-19H-1 (81.4% WI) well in Amite County, Mississippi. The well has achieved a peak 24-hour average production rate to date of 1,450 barrels of oil equivalent ("BOE") per day, comprised of 1,387 barrels of oil and 377 Mcf of gas on a 16/64 inch choke from an approximate 6,600 foot lateral. The well landed in the Company's lower target and was completed with 26 frac stages.

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LINK
GDP reported this well today.

Lots of buzz about HK this morning in the stock area, they were talked about CNBC. Supposedly the seismic specialist that was at PetroHawk is back with HK now, and good things are expected.

Nothing like euphoric optimism, hopefully some of it is true.

New TMS Unit in LA

Goodrich just applied for a new unit or sub unit or whatever it might be for a well West Feliciana Parish. This might be good for all ya'll up there in LA. Good to see other action, going a little further south than what was recently seen.

Comstock Resources is supposedly applying for a new unit, a little to the north of all the current action at the next MS O&G board meeting. Sanchez is set to start drilling soon and Goodrich has a couple of new units the are supposedly applying for.

There should be a flurry of well reports out in the first 2 weeks of April, but who knows. Maybe there will be some good ones. One of the recent wells, don't know which one, got drilled in 36 days which is a new record for the TMS. On some other forums and on the facebooks site for the TMS there are claims of costs coming down. All rumor and hearsay, but at least there is something going on.

Petreaux:
I am not sure if I am seeing the whole article and you are only seeing part of. Conveniently, the bottom line economics are not discussed in this article. I also have problems at times with Seeking Alpha articles, but for whatever reason I was able to read this one, I think as I don't get the "subscribe to see the rest of the article" message.

The one paragraph that stood out to me was this one, not that I fully understand it, but to an amateur it sure sounds good:

quote:

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Finally, Halcón provide its 605Mboe "base case" type curve which is representative of the average well it expects to drill across its holdings. The curve is based on analysis of 6 wells in the play using current industry standards and then "normalized" to a 7,200 foot lateral. As shown below, Halcón expects an IRR of 40% at $12MM well cost and $90 oil. Significantly, the graphic shows that Halcón's has an average of 66% working interest across its TMS holdings, with an average royalty interest of 22% and net revenue interest of 51%

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I guess the big key there is the 605MBOE of oil, as no TMS well has come close to that yet. From my rough calculations and SWAG on decline curves it would take the Crosby well about 5 years to reach that, if it ever does. And the Crosby well is the best in the area supposedly. I don't know, I hope for the best.

I appreciate your insight and commentary into this, helps us laypeople understand things a little better.