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re: When will oil come back?

Posted on 5/3/17 at 3:19 pm to
Posted by Sun God
Member since Jul 2009
44985 posts
Posted on 5/3/17 at 3:19 pm to
I just want it to get back to a level where the TMS wells are profitable again. It was nice working a half hour from the house
Posted by redstick13
Lower Saxony
Member since Feb 2007
39065 posts
Posted on 5/3/17 at 3:20 pm to
quote:

I just want it to get back to a level where the TMS wells are profitable again. It was nice working a half hour from the house



You may be a fossil before that happens.
Posted by TigerDog83
Member since Oct 2005
8380 posts
Posted on 5/3/17 at 3:25 pm to
quote:

I just want it to get back to a level where the TMS wells are profitable again. It was nice working a half hour from the house


I was reading in the Oil and Gas Investor today about the company that just bought Encana's TMS stuff. Have no earthly idea what they could be looking at in this price environment. They compared it to an "early Eagle Ford". They'll probably destroy some more capital and walk away pretty soon.
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