Oil Co Intern

Today I met with a BD “director” at a small PE-backed operator in the Permian hoping to farm into Oil Co’s Tier 4 acreage. I made time for him between learning modules about Oil Co’s core values. He offered us a full ride with 50% back-in APO. I didn’t know what APO meant. The lease had a continuous drilling clause we couldn’t meet. I was unfazed. I asked him if he had visited Cowboy Prime. He had. He asked me if I had looped in my boss about this deal. I hadn’t. Protecting company assets isn’t just about experience. It’s about relationships.

@RealPETE2020 Sort of hilarious how the pope decided that Iran, of all things, was an issue that needed an opinion

Remember like a month ago when the media pushed this administration into beef with the pope

@GreyHairOpsGuy This was an excellent bedtime story

Tales from OFS: Back when I was an OFS ops manager, I got a frantic call from a hotel front desk lady where one of my field hands was staying. She was crying and said my employee had killed himself. She told me she got a text from his phone saying: “this is his sister, we’re sorry to let you know he killed himself, so this cell number will be shut off.” At first I figured something was fishy, but after hours of not being able to reach him, I started getting nervous. Eventually I escalated it internally, and the story made its way all the way to the CEO. Late that night, the field hand finally called me back. He said he was working nights on a frac job and had been asleep all day while I was trying to reach him — believable enough. But when I asked about the crying hotel front desk lady and the suicide story, he claimed “hackers stole my identity” and weird things were happening with his bank account. HR got involved the next day, but nobody could get a straight answer out of him. Then later that night, my boss called me. My boss had 30 years of experience dealing with insane OFS field stories, and he immediately pieced it together: The field hand had been living at the hotel for months on a long-term frac job. The front desk lady knew where he worked because she saw the company logo on his coveralls every day. Turns out he’d been sleeping with her the whole time. When the job wrapped up, he had to go home to his wife and kids. He didn’t want the hotel clerk texting or calling him after he left, and apparently didn’t want to admit he was married either. So instead, he faked his own death. He texted her pretending to be his “sister” so she’d stop contacting him without exposing the affair. Problem was, he never expected the woman to get so upset that she’d call his employer trying to confirm whether he had actually committed suicide. As far as I know, his wife never found out. Many such cases in OFS land. Cheers.

@parkertankus @bme_1982 Don’t know him, but if he carries a BA II Plus, he sounds rich

@OilCoIntern can confirm, all fits in @bme_1982 shirt pocket.

The desk of the wealthiest person in your town

@JohnLeFevre x.com/bitcoin_teddy/…

I used to go to taco trucks in Houston. I'd find the ones where all the Mexican construction guys were lined up. $5 for two badass tacos. Now it's like $15 and an iPad asking for a 25% tip. Did private equity roll these up too?

@PLM_Pimp @GavinDouglas12 And Garfield

@GavinDouglas12 Off of Neely

Someone's Roomba is about to become roadkill.

@RealPETE2020 @ShaleTier7 That’s exactly what a 0.44%er would say

@ShaleTier7 Wasn’t me

@MERICANOil He is wiser than he gets credit for

@OilCoIntern Real G’s move in silence like Lasagna- Lil Wayne

Some of the most successful people operate in silence. Here is the path of someone I know: • Started as a landman in the oil & gas industry making enough to survive • Got an in-house job after a few years making decent money • Worked hard, moved up, and was doing very well • Received large equity grants when his PubCo’s shares were in the gutter - and held those shares • The company recovered after Covid and was acquired • Turned down a role at the new company with a $500k + comp package • Took time off and used the $3 million + of equity to plan his next move He now puts together acreage packages to flip. Last year he made $700k You’d never know any of this about him if you met him. He’s on Twitter, too. He just uses it to look at fishing pictures. Some of the most successful people operate in silence.

@TRN2RT ☝️ let’s go

@OilCoIntern You haven’t lived until you slam a triple espresso and pop a 50mg Swedish Pablo pouch.

I stopped pretending large doses of caffeine and nicotine were bad for me and my life got better.

@PermianBro Always worse than you can afford

@OilCoIntern Well I’ve been struggling with this recently. Am I supposed to wear shittier watches than I have because I’m technically not supposed to be able to afford one?

What is the correct watch value to income ratio? What about watch collection value to net worth ratio?

@unclejtk Insane. Congrats

@OilCoIntern .45 to 12.00 ish.

@PermianBro What’s your ratio?

@OilCoIntern Fantastic question, as always.

@unclejtk Power move

@OilCoIntern Nice move, I bought on Oct 30th ‘20.

@Mothbooah @grantjbailey @scottlincicome That’s why they’re close friends

@OilCoIntern @grantjbailey @scottlincicome And, I have been called names way more offensive than “Nerd” By close friends 😆

Huge collapse in drinking among high schoolers 👀

@Mothbooah @grantjbailey @scottlincicome And I bet no one ever called you a nerd

@OilCoIntern @grantjbailey @scottlincicome When I was a senior, the legal age to acquire 3.2 beer was 18 And Although I wasn’t yet 18, I looked 18 So I could buy them Mickey’s Bigmouth’s and Little Kings all day long in a tiny farm town

@parkertankus The gut punch is anyone could be in that same position had they bought into small cap E&Ps hard in 2020

@OilCoIntern $3mm would be nice! good for him.

@NewsFinOil @PermianPost

@OilCoIntern @PermianPost

You can only eliminate one, choose wisely