Practical Oilman

842 posts

Practical Oilman

Practical Oilman

@KennethShoretx

Oil Producer; Oil & Gas Lawyer

Texas, USA 가입일 Temmuz 2022
379 팔로잉884 팔로워
BRV
BRV@willrayvalentin·
@WAR527 How much money is too much?
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BRV
BRV@willrayvalentin·
If u hear one more loser say “I like $80 oil” I’m going to punch them in the face.
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Practical Oilman
Practical Oilman@KennethShoretx·
@JavierBlas Oh yeah. They predict the future. I forgot that. And so did the guy who sold April futures 6 months ago.
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Javier Blas
Javier Blas@JavierBlas·
“… Energy prices are going down […] you don’t have to believe me, look at the futures market…” — White House top economic adviser Kevin Hassett
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Karrie
Karrie@KarrieandJake·
I have had high cholesterol and LDL for at least a decade. I have never treated it. The last two years I’ve been in and out of a Keto eating plan. Last Dec I had a Cleerly screening done (along with CAC). %100 clear, 0 CAC score. Cardiologists have no interest in me, and don’t worry about my numbers. We have however identified some DNA markers that show just that, I am not predisposed to plaque build up. I believe that is the real telling indicator. It’s not just blood/LDL numbers, patterns, size. It’s your DNA and what you may be prone to.
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Michael Albert, MD
Michael Albert, MD@MichaelAlbertMD·
The cholesterol wars are over. LDL won. New guidelines. Four landmark trials. An oral PCSK9 inhibitor that matches injectables. And data proving we should be treating patients we currently aren't. Here's everything clinicians need to know. 🧵
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Permian Panhandler
Permian Panhandler@PermianPanhand1·
@KennethShoretx Paying $1,500-$2k every workover to test anchors ads up. The last base beam I moved had racks for the BOPs and trash basket and a bunch of other shit and didn’t cost extra to move
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Practical Oilman
Practical Oilman@KennethShoretx·
I hate base beams. I really hate paying to move them. What's wrong with T-sills, permanent anchors and guy wires?
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Practical Oilman@KennethShoretx·
Let me clarify - for R&T work. Especially on wells less than 8,000'. I dont mind a base beams so much on workovers. But for a rod job - no. On a rod job on a shallow well a base beam can increase cost of job by 30%
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Practical Oilman
Practical Oilman@KennethShoretx·
The only thing that speech accomplished was to make everyone who heard it stupider.
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Dagny Taggart
Dagny Taggart@DagnyTaggart963·
Josh in his own words written : I am Jewish, and I did think this was increasingly likely to happen. But it's the consequence of Iran's terrorism and their nuclear weapons program, like I said in 2023. 😂😂😂
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Daniel Lacalle
Daniel Lacalle@dlacalle_IA·
OPEC and US supply growth will likely offset Iran exports by June. By May, most Hormuz Strait volumes may have been re-routed. via Rystad, Bloomberg, SP Global.
Daniel Lacalle tweet media
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Practical Oilman@KennethShoretx·
@OilHeadlineNews It takes so much now to just stay in place that growth is behind us. It will take $80 to just maintain, and meaningful growth from here practically impossible.
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Energy Headline News
Energy Headline News@OilHeadlineNews·
If the forward curve holds up over the next quarter, look for shale to start adding rigs in the second half of the year, with higher output starting next year, Citigroup says - Bloomberg
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Practical Oilman
Practical Oilman@KennethShoretx·
You always think, "I have get out of this before I go broke," and then something finally goes right and you can't see yourself doing anything else.
Practical Oilman tweet media
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Okie Landman
Okie Landman@OkieLandman580·
@visionoilandgas Okay Josh, no name calling, no threats, I’m not short and have zero financial interest, so I’ll ask you straight up. Did your company make on average 200 bbls a day in December of 2025?
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Okie Landman
Okie Landman@OkieLandman580·
Is this bad? Seems bad.
Okie Landman tweet media
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The Calvin Coolidge Project
The Calvin Coolidge Project@TheCalvinCooli1·
🚨New: Ruth's Chris Steak House has a new dress code “business casual” for customers to wear proper attire with diners who don't comply being relegated to the bar. “Kindly remove all hats when entering the restaurant. Guests wearing ball caps are asked to dine in the bar/lounge." “The following attire is not permitted in our dining rooms: Gym wear, pool attire, tank tops, clothing with offensive graphics or language, revealing clothing, or exposed undergarments.” How do you feel about this?
The Calvin Coolidge Project tweet media
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Practical Oilman
Practical Oilman@KennethShoretx·
@LonesoneJw @2020Upstream That not what that guy said. He said pressure depletes and gas comes out of solution when the wells are shut in. That's BS. No shit pressure depletes and gas comes out of solution when it produces and depletes.
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Lonesone Star Cattle Company
Lonesone Star Cattle Company@LonesoneJw·
During active depletion/production in Middle East karstic carbonates: pressure falls below bubble point → dissolved gas comes out of solution and drives the oil. Once that solution gas depletes, the natural drive weakens. Classic solution-gas drive, exactly as originally stated. On shut-in, in those dual-porosity karst/fracture systems it takes real time — sometimes days — for pressure to build back up and the well to produce again. The tight matrix slowly feeds the vugs/fractures. That’s why production doesn’t snap back immediately. Your East Texas Pettit oolitic shoals are high uniform matrix porosity, low karst, matrix-dominated — completely different geology from the heavily karstified Middle East giants (Ghawar-type reservoirs, Arab-D, etc.). No contradiction at all. Not bullshit. Just two different carbonate systems.
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Highheat
Highheat@2020Upstream·
When 🇮🇷 $Oil production stops, bringing it back online is difficult due to aging fields, thick, low pressure $Oil columns. Reservoir pressure can drop further as fluids segregate, gas comes out of solution, or natural drive mechanisms weaken. Irreversible damage can result.
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Practical Oilman
Practical Oilman@KennethShoretx·
@LonesoneJw @2020Upstream So you're saying when you shut in a carbonate reservoir pressure drops and gas come out of solution? Bullshit. I have produced Pettit carbonates in East Texas, and they do not have big vugs, but they are pretty high porosity, and they didnt do that.
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Lonesone Star Cattle Company
Lonesone Star Cattle Company@LonesoneJw·
Of course it does. In many karstic dolomite and carbonate reservoirs, including parts of the Middle East and the Permian, production commonly depends on natural reservoir energy such as solution-gas drive; as pressure declines and gas is depleted, that drive weakens. Carbonate fields are especially heterogeneous because flow often occurs through a mix of matrix porosity, fractures, and vuggy or karst-related openings, so once pressure support falls off, fluids do not always redistribute quickly or evenly. My wells in Kentucky are in similar reservoirs, and when they are shut in, it can take time for oil and formation water to migrate back into those vugs, fractures, and connected openings before the wells stabilize again. That delayed response is consistent with how vuggy carbonate reservoirs often behave under depletion.
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The Kobeissi Letter
The Kobeissi Letter@KobeissiLetter·
This is absolutely insane: Prior to the Iran war, US oil companies were generating ~$62 billion in annual free cash flow with oil prices at $55/barrel. Now, with oil prices at $100/barrel, US oil companies are expected to generate $163 billion in annual free cash flow, if current prices are sustained. In other words, US oil giants are set to rake in an additional +$100 BILLION in free cash flow per year if oil prices remain elevated. We are arguably witnessing the most profitable market conditions in history for US big oil.
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Practical Oilman
Practical Oilman@KennethShoretx·
@zenartbjj You know the pumper will leave it idling and he needs to be able to pull a decent sized trailer - pipe trailer, utility trailer
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Deep Value Observer
Deep Value Observer@zenartbjj·
Whats your best suggestion for a lease operator truck Serious answers only
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