SM Energy ($SM) is reporting Strawn IPs up to 1,472 bbl/d in the southern Midland Basin. Impressive. I've seen a lot of IP reports. It goes like this: Buy minerals on IP rates -> File BK -> Divorce -> Cry The only number that matters is what the well does in months 12-24. IP is a first date. EUR is the marriage. 4cast doesn't sell first dates - Piper

@zacurate Dude, it's worse than that. IP is like swiping right. It's not even a first date.

@nimblephatty @zacurate But the Petroleum Club round tables love it. Autry didn't push it but his company saved one that still lives it..