@zk54 Some of my most treasured photos of my kids were taken on rigs and in the field. Thankfully none of them are in energy. An MBA, a EE and a ME. The last two from that little school in Austin. Good for you, Bro.
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Two Stands Off Bottom
1.5K posts
Two Stands Off Bottom
@Offbottom1
Colo Mines PE/ 4X PE Co/ Mobil Oil Alum/ Prod-Compl-Drlg-RE mostly Permian handyman/ Old School Investor
เข้าร่วม Haziran 2022
481 กำลังติดตาม344 ผู้ติดตาม
@lakebrahlands Hitting yelo balls? So you can see them in the snow?
At least that’s what we did.
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My new clubs just shipped, my course opens in a week, and I just bought 40 acres in a pooled unit. This could be the best day of my life.
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@PermiOG Have I got something for your morning drive. Guarantee that you will not arrive sleepy. 175 rear wheel hp delivered by a bike weighing 450 pounds. Bought for your same reason… feel something.
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@Rytetz29 @TeddyGambino @WhiteTundraSG @energyburrito They are gonna have to start a payment plan at Five Guys too. Oh, and don’t go to Vegas unless you’re prepared to pay $20 for a beer.
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@TeddyGambino @Offbottom1 @WhiteTundraSG @energyburrito $25 plus for a Firehouse sub sandwich here. Lol how do these places pay the rent ?? It’s asinine .
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Despite large increases in oil pricing + refinery margins, consumer expenditure on energy still remains well below historical averages.
A decade of cheap energy sponsored by US shale is coming to an end, with an era of higher pricing ahead and consumers eventually adapting. 🛢💰
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@Amena__Bakr You know Amena Bakr is pissed when she starts cussing. Not gonna see that very often. She’s been one of the best follows since this mess started.
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I’m also so done with the shit stirring warmongering stories that are based on unfounded sources or sources that are just keen on creating more chaos.
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@RyanShull1 @nchillbilly49 And a hell of a lot easier than changing shives. But it doesn’t damage the motor at higher/lower hertz? Does it make any difference if it’s 3 phase or not? Good post, never saw this before.
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@nchillbilly49 It gives you the ability to adjust the hertz on the motor which adjusts the speed
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This new VFD will eliminate 1,576,800 strokes per year. Thats a lot of wear and tear.
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@redbirdracing Thankfully I don’t have below ground pests here, but I’ve heard of ppl having to run it in conduit. That’s a last resort, but will work. Good luck to you. This falls into the “nothing can be easy” category.
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Single strand so shouldn’t be difficult. I will probably pay to have them reroute not in the backyard. My dog is bad about digging. This house has drains from back yard to front I had to run some self tappers through the drain grates to keep her from pulling them off and chewing those lids up.
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@Hotdogremix @campbe14425505 Oh yeah. I got them all over the shop. Works good to keep the mice out.
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@Hotdogremix Sometimes it seems like a little diesel or xylene or something ahead of the acid helps. That’s excellent though. I used to have a well where 50 bbls of FW every now and then would return like that.
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@ShaleTier7 Hedge those volumes out a year (swaps) and after every monthly settlement tell us if the net price (after swap) was real or a forecast. Those strip numbers are very, very real if you are actually hedging. Those are EXACTLY what you are going to receive.
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I'll settle this debate once and for all.
The WTI futures curve is a forecast.
And right now it's forecasting my Austin Chalk wells flowing back sometime between May and June.
You'll notice the oil price starts going down after that.
#SupplyGlutIncoming
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@andrewbdfisher I see! Well, at a minimum you did a favor for prospective bidders.
And a lot more robust than just using 3X cash flow. I wish I had this back when you could still find an occasional bargain.
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@Offbottom1 Maybe I wasn’t clear, I’m just demoing our software on a real deal lol
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Check out our full analysis of EnergyNet Lot #135424 · 8 Well Package (Producing MI/RI). Bids due tomorrow starting at $28,000. I'm calculating anywhere from $29,000 - $36,000 depending on price assumptions. Here's the end to end workflow.
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@Rory_Johnston @staunovo Rory I love you Bro, but I’ve hedged my volumes since I started operating. I don’t know about a forecast, but upon settlement those numbers are very, very real. Between the contract and settlement, the forecast is exactly correct.
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@Tara_Schrock You country kids rock! Best wishes from Texas. Also props to your gentleman friend for those round toe boots. Rare for his age in a square toe world. Hope you have a great time.
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@KentGra88631041 @Hotdogremix Is that an acronym for Our Tool Is Stuck?
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@Hotdogremix They’ve been doing that since the’80s. Have you ever heard of OTIS Engineering?
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@StealthQE4 You and I are on the same side, but I’m getting tired of the “hurts the consumer” argument when the consumer doesn’t seem to have a problem with $1500 iPhones and $120k pickups. $5 gasoline in Cali hasn’t hurt demand there.
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Oil is up 17% the past 5 days.
This hurts the consumer and increases companies input costs.
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@JoshYoung That’s okay. DJT will spend the last half of his term fighting impeachment (for his legacy) and won’t have time to worry about the oil price. Some relief coming in November.
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Oil price manipulation incoming from the Trump administration
Energy Headline News@OilHeadlineNews
The Unites States will take action to mitigate rising energy prices due to a spike in the price of oil caused by the Iran conflict, U.S. Secretary of State Rubio said on Monday. - Reuters
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