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7,315,120 Views | 28750 Replies | Last: 1 day ago by Bibendum 86
jetch17
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Drillbit4 said:

Random rumor of day: Diamondback buying Crownquest. Would make sense if they want to keep up with Pioneer.
BusinessAg
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Nah, not happening.
TxAg20
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Drillbit4 said:

Random rumor of day: Diamondback buying Crownquest. Would make sense if they want to keep up with Pioneer.

Heard that a few weeks ago. This week I've heard it's not happening.
JTA1029
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Comeby! said:

There was a company called Green something that tried this a few years ago by refurbishing helicopter engines. It was not successful but I can't recall why.


Greenfield energy services.

Think they had some management problems and also maintenance on turbines is a killer for an already hyper competitive business.

Was really cool equipment. Sounded like a helicopter whirling up.
SpreadsheetAg
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Boat Shoes said:

Maroon Elephant said:

Interested to hear this board's thoughts on USWS going to fully electric frac fleets. Is this a miscalculation or will we look back in a few years and say they were way ahead of the curve?


Are they running these fleets off of natural gas turbines on site or straight off the power grid?


I assume NatGas turbines. My soon-to-be former employer has a 25MW turbine generator setup on wheels that Propetro is using for several fracs the last 2 years. The premise was always to take flare gas, run it through a filter truck, and feed the gas to the turbine that might've otherwise just been flared off.
Comeby!
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JTA1029 said:

Comeby! said:

There was a company called Green something that tried this a few years ago by refurbishing helicopter engines. It was not successful but I can't recall why.


Greenfield energy services.

Think they had some management problems and also maintenance on turbines is a killer for an already hyper competitive business.

Was really cool equipment. Sounded like a helicopter whirling up.


Yep, that's it. Visited a few locations while they were frac'ing trying to convince us sign a long term deal.
jetch17
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Anyone at URTeC this week?
K_P
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Yes. It feels so empty. I missed the opening session, but the HFTS-2 room was sparse.
Goose06
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http://www.elpasoinc.com/news/state/lime-rock-resources-agrees-to-acquire-delaware-basin-property-for-508-3-million/article_8998065b-a78d-50c7-b877-4fefc3b5feb1.html

Anyone know who the seller was here?
DripAG08
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Goose06 said:

http://www.elpasoinc.com/news/state/lime-rock-resources-agrees-to-acquire-delaware-basin-property-for-508-3-million/article_8998065b-a78d-50c7-b877-4fefc3b5feb1.html

Anyone know who the seller was here?


Rosehill
Ragoo
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Did SLB pull out of the Permian? Drove by their old shop on 20 and it was obviously empty and abandoned.
agdaddy04
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Is that not all Liberty branded now?
cajunaggie08
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SLB sold their fracking business to Liberty. With all the different companies and divisions that are part of SLB, who knows exactly what group was based out of that shop but if they were the fracking group then they gone.
djmeen95
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Shell making moves in the US residential power market today

https://www.rechargenews.com/energy-transition/shell-builds-up-steam-in-us-residential-clean-power-market-with-inspire-take-over/2-1-1045274
gougler08
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djmeen95 said:

Shell making moves in the US residential power market today

https://www.rechargenews.com/energy-transition/shell-builds-up-steam-in-us-residential-clean-power-market-with-inspire-take-over/2-1-1045274


We are going green come hell or high water
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Wiggletrace
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Big Men - YouTube
Cyp0111
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So u like to gamble ?
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Marsh
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My wife is a geologist still looking for work (been just over one year of unemployment). With all the layoffs over the last 2 years, especially to geos, combined with the extremely sparse openings posted on LinkedIn, how is any geogist supposed to find a job in this market?
jdgilberg
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I may be biased since I worked there for several years but I don't think they are. They actually go above and beyond transparency requirements and publish all contracts with foreign governments on their website.
LRHF
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Crystal Blue Meth said:

My wife is a geologist still looking for work (been just over one year of unemployment). With all the layoffs over the last 2 years, especially to geos, combined with the extremely sparse openings posted on LinkedIn, how is any geogist supposed to find a job in this market?


Hey there CBM- I know many people just like your wife at the moment. Time for advanced degree's and maybe a discussion about other types of work. I've helped some engineers find work but the geo market is saturated.

It's a tough time for sure. More layoffs are coming from big companies downsizing mergers etc.

atmtws
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Check your DMs.
Drillbit4
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Where are you located?
Marsh
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Houston
Fredd
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Devon and Conoco reportedly looking at Shell's Delaware

https://www.bloomberg.com/news/articles/2021-07-30/devon-conoco-said-to-study-10-billion-shell-permian-portfolio
Goose06
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Fredd said:

Devon and Conoco reportedly looking at Shell's Delaware

https://www.bloomberg.com/news/articles/2021-07-30/devon-conoco-said-to-study-10-billion-shell-permian-portfolio


Those are the logical buyers if Oxy can't find the money.
Goose06
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Wild rumor of the day... Callon about to announce a Delaware acquisition. Initially heard "a public company is set to announce an acquisition of a private Reeves county operator" and everyone but Callon who is set to release earnings today has already done so (CDEV, Oxy, and Devon).
BourbonAg
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Encore maybe?
Goose06
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I don't think it makes a ton of sense for callon to be buying anything. @wokepete on Twitter also indicated Callon is up to something. Just makes no sense to me. When I heard the rumor I assumed primexx or tall city were the sellers, but doesn't make sense for Callon.
BrokeAssAggie
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I've heard Advance deal should be announced any day now.
BourbonAg
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Are they in Reeves? Was thinking they were focused on other parts of the Delaware.
BrokeAssAggie
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BourbonAg said:

Are they in Reeves? Was thinking they were focused on other parts of the Delaware.


No, I think this is a separate deal .
BourbonAg
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