20 years Petroleum Geology, 25 years Appraiser, author of "Appraisal of Mineral Rights" - found on Amazon.

Author Archives: tshields


The German word for cloudy windless winter days when neither solar nor wind are helping sustain the energy grid in Europe is Dunkelflaute – literally, “dark doldrums” or “dark lull”.  A period in winter when the weakness of solar and wind become painfully clear. Also clear is that Europe is gaslighting themselves by not drilling their own gas,… Read More »

Shut in Wells Do Not Benefit the Mineral Owner

Almost all applications to the Arkansas Oil & Gas commission from the Fayetteville Shale were asking to extend shut in wells as temporarily abandoned, supposedly because prices were too low.  With the highest prices in 15 years, that is no excuse. Today the Arkansas Oil & Gas Commission meets as I write this. They undoubtedly will rubber stamp… Read More »

An Open Challenge to Global Warming Alarmists

  Conditioned response was the forte of Pavlov and his dogs. Contrary to belief, the dogs didn’t slobber when they heard a bell. It was a metronome or an electrical shock they got. Today America is force-fed the notion that “climate change” which used to be called “global warming” is a given. Further more, it is a given… Read More »

Begging Terrorist for Oil

Facing high gasoline and gas prices and this idiot we call a president did what just because he lost in court? The Biden Administration has delayed or stopped work on federal oil and gas leases and permits following a court ruling that struck down the Administration’s “social cost of carbon” metric to account for climate risk when holding… Read More »

Ninety Bucks is Not a Deer Herd

Oil prices have skyrocketed and supply chain issues and the Biden administration’s war against petroleum is backfiring big time. We will likely see $100/bbl. oil by the middle of spring. And the American consumer is being hammered. Part of this is the sudden ramping up of demand but states like Colorado as well as Federal lands are scaring… Read More »

The Greenies Have No Answers

Oil prices ended the year at $75/bbl. (WTI Intermediate) and natural gas about $3.73/MCF. This is a huge improvement from last year as the economy makes recovery from the collapse associated with the Covid-19 epidemic. But with the anti-oil sentiment and government attempts to shut down the very engine of our economy with no clear idea how we… Read More »

Updating Arkansas – A Slow Recovery

When we examine the activity of the Arkansas Oil and Gas Commission, we find that they are approving a few exploratory wells in South Arkansas, and much fewer in the gas rich northern district of the Arkoma and Fayetteville Shale. What I do see is Merit and others attempting to delay plugging and abandoning certain low producing or… Read More »