Business & Investing
Sponsored by

Houston..we have a problem....

7,313,480 Views | 28750 Replies | Last: 5 hrs ago by Bibendum 86
Gordo14
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to BigLeftMiss08 • 11:17p, 9/29/22
BigLeftMiss08 said:
Yep, great company and know a lot of good people at many levels.

Those guys print $$$$$


Honestly, best run money in the Permian by far - and I never worked there. I've always been impressed by their ability to make land moves and to see through the bull**** public companies get caught up in.
Reply Quote
2
Cyp0111
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Gordo14 • 8:31a, 9/30/22
Agree, fantastic group of people, long term vision, and very pragmatic at every step of the company. Amazing what you can do when you're not a pe portco with a limited horizon or a public company.
Reply Quote
one MEEN Ag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to AgLA06 • 8:42a, 9/30/22
AG
AgLA06 said:
So what business do they do in Tulsa and Oklahoma City?
As a side note, the formations in OKC are worse than the ones in texas/new mexico.

Operators and Joe Blow's Drilling Co have been losing money on the SCOOP/STACK for a long while now.

Not to say they don't produce oil or make money in that state. But its not on the same level.
Reply Quote
2 edits
SidetrackAg
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to one MEEN Ag • 9:27a, 9/30/22
AG
one MEEN Ag said:
AgLA06 said:
So what business do they do in Tulsa and Oklahoma City?
As a side note, the formations in OKC are worse than the ones in texas/new mexico.

Operators and Joe Blow's Drilling Co have been losing money on the SCOOP/STACK for a long while now.

Not to say they don't produce oil or make money in that state. But its not on the same level.
A lot of them are hard as hell to drill, or atleast the ones ive been on and around.
Reply Quote
Fredd
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to SidetrackAg • 9:31a, 9/30/22
AG
SidetrackAg said:
one MEEN Ag said:
AgLA06 said:
So what business do they do in Tulsa and Oklahoma City?
As a side note, the formations in OKC are worse than the ones in texas/new mexico.

Operators and Joe Blow's Drilling Co have been losing money on the SCOOP/STACK for a long while now.

Not to say they don't produce oil or make money in that state. But its not on the same level.
A lot of them are hard as hell to drill, or atleast the ones ive been on and around.


Username fits
Reply Quote
15
SidetrackAg
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Fredd • 9:59a, 9/30/22
AG
Fredd said:
SidetrackAg said:
one MEEN Ag said:
AgLA06 said:
So what business do they do in Tulsa and Oklahoma City?
As a side note, the formations in OKC are worse than the ones in texas/new mexico.

Operators and Joe Blow's Drilling Co have been losing money on the SCOOP/STACK for a long while now.

Not to say they don't produce oil or make money in that state. But its not on the same level.
A lot of them are hard as hell to drill, or atleast the ones ive been on and around.


Username fits
Ahh, someone that finally figured it out
Reply Quote
8
Pasquale Liucci
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to SidetrackAg • 12:18p, 9/30/22
AG
SidetrackAg said:
Fredd said:
SidetrackAg said:
one MEEN Ag said:
AgLA06 said:
So what business do they do in Tulsa and Oklahoma City?
As a side note, the formations in OKC are worse than the ones in texas/new mexico.

Operators and Joe Blow's Drilling Co have been losing money on the SCOOP/STACK for a long while now.

Not to say they don't produce oil or make money in that state. But its not on the same level.
A lot of them are hard as hell to drill, or atleast the ones ive been on and around.


Username fits
Ahh, someone that finally figured it out
Reply Quote
AgLA06
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to one MEEN Ag • 1:17p, 9/30/22
AG
one MEEN Ag said:
AgLA06 said:
So what business do they do in Tulsa and Oklahoma City?
As a side note, the formations in OKC are worse than the ones in texas/new mexico.

Operators and Joe Blow's Drilling Co have been losing money on the SCOOP/STACK for a long while now.

Not to say they don't produce oil or make money in that state. But its not on the same level.


Last I checked companies don't have to perform work in a place just because their corporate headquarters is there. Just ask Continental.
Reply Quote
Cyp0111
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to AgLA06 • 1:45p, 9/30/22
All things considered, OKC is a good town for oil and gas. Decent cost of living, not the Houston wage inflation, and people will stick if you are d
Reply Quote
Fredd
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Cyp0111 • 4:21p, 9/30/22
AG
Cyp0111 said:
All things considered, OKC is a good town for oil and gas. Decent cost of living, not the Houston wage inflation, and people will stick if you are d


As a transplant from Houston living in the OKC area, I can confirm it is a great place to live. Low cost of living, minimal traffic, huge lots under 30 mins from downtown, good people, gets cooler faster in the fall, etc.
Reply Quote
1
Premium
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
5:56p, 10/2/22
AG
$82
Reply Quote
4
Premium
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:58a, 10/4/22
AG
$86
Reply Quote
6
techno-ag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Premium • 12:35p, 10/4/22
AG
Premium said:
$86
And the Saudis haven't announced how much they're cutting yet.
Reply Quote
1
Cyp0111
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to techno-ag • 12:38p, 10/4/22
they're floating 2m/d but it's hard to tell if that is from quotas which well under or if a combination of quota reduction and cut to Saudi, Kuwait, UAE.
Reply Quote
1
DripAG08
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:27a, 10/5/22
AG
Adios Biden.

Even though the cuts seem meaningless when OPEC+ can't make the quotas, just the optics are bad enough to hit him hard enough.
Reply Quote
1
topher06
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:33a, 10/5/22
So is 2MM/day quota cut official? Agree it is pretty meaningless since they weren't going to produce it anyway. Once draining the SPR is done right after elections, we should see some additional supply side pressure.
Reply Quote
1
1 edit
Cyp0111
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:58a, 10/5/22
Since the 2MM was spread largely pro-rata it equates to a real production cut of roughly 1mmbl/d. You couple that with easing SPR releases into end of year you have 2mbbl/d in lost "production".

I think the wildcard in the market is china reopening.

From my vantage point I see US production largely stalled out here and do not see growth.
Reply Quote
2
htxag09
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
3:32p, 10/5/22
AG
Random question but what kind of services do any of yall use for market info/forecasting? All the way from down in the weeds with steel indices to macro level like Wall Street Journal….
Reply Quote
1 edit
techno-ag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to htxag09 • 4:58p, 10/5/22
AG
I like SeekingAlpha and WSJ.
Reply Quote
1
Premium
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Premium • 2:54p, 10/6/22
AG
Premium said:
$86
$89
Reply Quote
2
Premium
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Premium • 9:58a, 10/7/22
AG
Premium said:
Premium said:
$86
$89


$91, but new question. How high is too high?

Wish Democrats would change their position on energy independence right about now….
Reply Quote
4
SpreadsheetAg
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:03a, 10/7/22
AG
Brent $97
Reply Quote
2
Cyp0111
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to SpreadsheetAg • 10:13a, 10/7/22
I think the market is a $80-100 WTI market. I know that is wide but you still have a strong USD and macro weakness.
Reply Quote
topher06
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Premium • 10:27a, 10/7/22
Premium said:
Premium said:
Premium said:
$86
$89


$91, but new question. How high is too high?

Wish Democrats would change their position on energy independence right about now….
I do think it is heading there, but I think $100 is too high and gives an easy headline to the media to recommence tearing down oil and natural gas. Plenty of hay to be made at $90.
Reply Quote
3
1 edit
techno-ag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to topher06 • 10:32a, 10/7/22
AG
With the shock to the market coming after the election, I imagine we'll stay above $100 for a while.
Reply Quote
LMCane
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:14a, 10/7/22
what happens when our SPR has been completely drained

Israel is forced to attack Iran

China completely opens up

and Venezuela can only deliver "dirty" oil that California will refuse to accept?
Reply Quote
1
AgLA06
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to LMCane • 11:18a, 10/7/22
AG
1) You should see if you can get that in a parlay from your bookie, because the odds all happening are an extreme longshot.

2) We'd get to see how committed Commiefornia is to their politics.
Reply Quote
3
2 edits
LRHF
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:18a, 10/7/22
AG
Guess it's about time to fill the SPR up again at $100/ bbl. Nothing to see here...
Reply Quote
1
txaggie_08
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to LMCane • 1:23p, 10/7/22
AG
LMCane said:
what happens when our SPR has been completely drained

Israel is forced to attack Iran

China completely opens up

and Venezuela can only deliver "dirty" oil that California will refuse to accept?

Would California care as long as it's not produced on their backyard?
Reply Quote
Jaydoug
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
3:33p, 10/7/22
AG
Come someone please explain like I'm a 11 year old why we "won't be drilling" at $90 oil?
Reply Quote
1
PeekingDuck
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Jaydoug • 3:41p, 10/7/22
AG
Publics were told to drill through cash flow and that's it. ESG has prevented anything else except for the privates. Now the world gets to see what that looks like.
Reply Quote
11
htxag09
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
3:45p, 10/7/22
AG
Unless I'm missing something, people will drill at $90. Who's saying people won't drill at $90?

Expand? No. But that ship has pretty much sailed, at least for short term. Same for exploratory drilling.
Reply Quote
AgLA06
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to PeekingDuck • 4:00p, 10/7/22
AG
PeekingDuck said:
Publics were told to drill through cash flow and that's it. ESG has prevented anything else except for the privates. Now the world gets to see what that looks like.


https://institutional.rbcgam.com/en/us/responsible-investment/our-approach?utm_dc=ga_SEG_12235856637_115861415943_538880889015_kwd-70646388_m_g_&gclid=Cj0KCQjwnP-ZBhDiARIsAH3FSRdMPkFvSvM1wsMaEbQ0yh0PUK4LpI3OzPhn4pBsUyiYbYW45d6OfwEaArqQEALw_wcB

They may have eroded middle and lower class buying power and pushed us into a recession, but damned if they can't have a nifty PR drop about how awesome they are by not investing in US energy dependence.
Reply Quote
Comeby!
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to htxag09 • 6:29p, 10/7/22
AG
htxag09 said:
Unless I'm missing something, people will drill at $90. Who's saying people won't drill at $90?

Expand? No. But that ship has pretty much sailed, at least for short term. Same for exploratory drilling.


No capital. Even PE is having a tough time raising a fund. Too much uncertainty.
Reply Quote
2
Premium
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Premium • 10:36p, 10/7/22
AG
Premium said:
Premium said:
Premium said:
$86
$89


$91, but new question. How high is too high?

Wish Democrats would change their position on energy independence right about now….


$93
Reply Quote
First Page Last Page
Page 742 of 822 ▼
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.