For his monthly “Director’s Cut” oil and gas production update, state mineral resources director Lynn Helms picks a theme.
This month, the theme is “Hang in There.”
"I'm reminded of that poster from the 1970s, where the poor little frazzled cat is hanging on a rope, and appears to be just hanging on," said Helms.
Helms says that’s his analogy, based on the fundamentals of the oil industry. The report reflects July numbers.