Houston..we have a problem.... - Page 855

Maroon Elephant

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11:28a, 9/8/26

AG

I'm wondering the same re: this "undisclosed buyer."

nosoupforyou

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In reply to Maroon Elephant • 2:07p, 9/8/26

AG

Might be a small operator in Dallas.. waiting on them to confirm for a few days now - interestingly slow to reply back

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Sonofabirch

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7:18a, 9/9/26

AG

https://ocdimage.emnrd.nm.gov/Imaging/FileStore/santafe/wf/20260113/30025347130000_01_13_2026_12_54_35.pdf

nosoupforyou

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In reply to Sonofabirch • 7:48a, 9/9/26

AG

Hmm.. interesting - so just an internal sale

Sep Legacy LLC functions as an operational corporate extension of Spur Energy Partners LLC, a large, private-equity backed oil and gas operator. [

Spur Energy Partners officially transferred the operator status of over 1,600 of its New Mexico wells over to the SEP Legacy LLC name.

Because it is operated under the umbrella of Spur Energy, the executive management and personnel overseeing SEP Legacy's assets belong to the parent company:

MAROON

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In reply to nosoupforyou • 9:47a, 9/9/26

AG

Hopefully it results in more Aggie NIL from Jay Graham!

What do you boys want for breakfast BBQ ?.....OK Chili.

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topher06

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2:25p, 9/9/26

Spur bought that from percussion right before Covid, right?

PeekingDuck

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2:28p, 9/9/26

AG

What a surprise.

CPDAggie10

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In reply to topher06 • 7:50p, 9/9/26

AG

Yes but I believe they added more acreage to that Shelf position since the percussion deal

Furlock Bones

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7:46a, 9/14/26

AG

Saudi East - West pipeline was confirmed hit late last week. Reports it will be out of service for several weeks. Partial ops may resume in the interim. Pipeline carries 7mmbpd West away from the Strait.

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sts7049

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3:46a, 9/15/26

AG

even with all these high oil prices and refining profits, the job market still feels crappy in this industry. we're still squeezing out jobs left and right and have been for a few years now.

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Furlock Bones

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In reply to sts7049 • 1:30p, 9/15/26

AG

sts7049 said:
even with all these high oil prices and refining profits, the job market still feels crappy in this industry. we're still squeezing out jobs left and right and have been for a few years now.

yep. whittling it down to nothing.

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CPDAggie10

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7:59p, 9/16/26

AG

DVN South Texas assets on the market. Anyone have intel on who potential buyers making a run at it might be?

PeekingDuck

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In reply to sts7049 • 11:25a, 9/17/26

AG

Just constant consolidation until we're back to Standard Oil.

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nosoupforyou

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1:50p, 9/17/26

AG

Anyone know who got this Uinta asset?

https://www.crc.com/news-releases/news-release-details/california-resources-corporation-announces-divestiture-uinta

donkeykick90

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In reply to nosoupforyou • 10:12a, 9/21/26

AG

nosoupforyou said:
Anyone know who got this Uinta asset?

https://www.crc.com/news-releases/news-release-details/california-resources-corporation-announces-divestiture-uinta

Pretty sure its Careus or ex Careus folks

nosoupforyou

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In reply to donkeykick90 • 4:10p, 9/21/26

AG

donkeykick90 said:
nosoupforyou said:
Anyone know who got this Uinta asset?

https://www.crc.com/news-releases/news-release-details/california-resources-corporation-announces-divestiture-uinta

Pretty sure its Careus or ex Careus folks

ex caerus folks -

https://www.gramenresources.com/

Gordo14

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12:10p, 9/23/26

Looks like the White House is determined to ban diesel exports. Supposedly, this administration is good for the industry. Really looking forward to Gulf Coast refiners cutting runs in this market.

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TxAg20

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In reply to Gordo14 • 10:32a, 9/24/26

AG

Gordo14 said:
Looks like the White House is determined to ban diesel exports. Supposedly, this administration is good for the industry. Really looking forward to Gulf Coast refiners cutting runs in this market.

The only time this administration has been a friend of the oil industry is when they're accepting 7-figure campaign donations. Trump has railed against oil prices anytime the industry is profitable.

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