Monday Morsels
About 9 a.m. this morning, what appears to be the last of loads for the Trinidad Rig # 124 move to the Encana Mathis 29-17H-1 from the Ash 13H site convoyed through Liberty.
I would expect this rig to spud toward the end of the week.
The Goodrich Verberne is continuing to struggle to finish, so the Goodrich T. Lewis will have to wait a while longer for a rig.
No flow back rumors or rig movement rumors to report at this time. I keep thinking the Trinidad Rig #103 will be moving to St. Helena Parish soon, but no rig movements spotted to support this theory.
Stay tuned as we weather the storm of low oil prices here in the TMS…here is a linked article on the fussing and feuding of OPEC that, in essence, is catching us in the crossfire.
http://www.nytimes.com/2014/10/14/business/energy-environment/oil-prices-fall-as-opec-members-fight-for-market-share.html?_r=0
