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Posted on 8/6/19 at 9:38 pm to The Torch
quote:
We have 75 pieces and they have slowly been pilling up in the yard.
Cajun energy services?
Posted on 8/7/19 at 1:56 am to The Torch
quote:
I have a stake in a flowback equipment rental company in the area, we've been a little slow the last three to four months and I'm starting to feel it
No one cares.
Posted on 8/7/19 at 5:19 am to GREENHEAD22
quote:
Over the next 3-5 yrs we will see a slow death of smaller independent producers and service companies.
Not necessarily. Some of them will move to other areas. West TX is a great place to be. We’re killing it out there and have been for years. But we’re also doing extremely well in Shreveport and Ohio. As new areas of activity pop up, independents will be the ones developing them and servicing them. This isn’t the death of smaller independent producers/service providers everywhere. Just a realignment in the Permian.
Posted on 8/7/19 at 5:30 am to RedRifle
They bought xto the first time because they were too slow and stifling to make money, how is it going to work this time?
Posted on 8/7/19 at 6:50 am to Havoc
quote:
No one cares.
Shut up, dickhead.
Posted on 8/7/19 at 6:50 am to Havoc
quote:
Havoc
quote:
No one cares.
Shut up, dickhead.
Posted on 8/7/19 at 8:05 am to GREENHEAD22
This was thier gameplan all along. Let the independents do all the leg work and find the sweet spots. Run themselves broke trying to keep their stock prices up then the majors will sweep them up on the cheap.
——This has always been the Exxon way, going back to Rockefeller buying out independent producers for pennies on the dollar, over 100 years ago.
So you’re right, not a surprise
——This has always been the Exxon way, going back to Rockefeller buying out independent producers for pennies on the dollar, over 100 years ago.
So you’re right, not a surprise
Posted on 8/7/19 at 9:59 am to RedRifle
Zane Tankel, made money in Applebee's, now serves on Aly Energy Services board (surface equipment, solids control) was on Fox w/Varney this a.m. Basically said that the worldwide recession means the oil glut will not be absorbed for a year.
That kind of gloom has got to signal a turn around of some kind...
If I was deep pockets majors, I'd be rubbing my hands with glee if his attitude is the prevailing one among indy oil investors.
That kind of gloom has got to signal a turn around of some kind...
If I was deep pockets majors, I'd be rubbing my hands with glee if his attitude is the prevailing one among indy oil investors.
Posted on 1/14/20 at 1:19 pm to texag7
Do you have the link to the thread with the video of the lady getting kicked out of the restaurant? Can't find the thread by searching.
Posted on 1/14/20 at 1:21 pm to DeCat ODahouse
Do you have the link to the video or thread with the lady getting kicked out of the restaurant?
Posted on 1/14/20 at 1:24 pm to RedRifle
Boomtown is a 10-part podcast about the Permian by Texas Monthly. The narrator is a local who worked in the patch in college.
It's pretty interesting. Covers markets, history, directional drilling, and even regular folks who work in cafes and driver trucks and such in the region.
They're up to part 5 now, with 5 and 6 called Boob-town, about strippers and sex workers.
It's pretty interesting. Covers markets, history, directional drilling, and even regular folks who work in cafes and driver trucks and such in the region.
They're up to part 5 now, with 5 and 6 called Boob-town, about strippers and sex workers.
Posted on 1/14/20 at 1:31 pm to Geauxing83
quote:
Do you have the link to the thread with the video of the lady getting kicked out of the restaurant? Can't find the thread by searching.
You bumped an old O&G related thread to ask this vague question?
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