Posted by
Message
GREENHEAD22
LSU Fan
LafayettebywayofBush
Member since Nov 2009
13286 posts
 Online 

re: Big baws move to dominate Permian
Talos in Mexico as well with Zama. Granted not near the size of the XOM find.
This post was edited on 8/6 at 9:23 pm


Replies (0)
Replies (0)
00
Triggerr
LSU Fan
Member since Jul 2013
1262 posts

re: Big baws move to dominate Permian
quote:

We have 75 pieces and they have slowly been pilling up in the yard.


Cajun energy services?


Replies (0)
Replies (0)
00
Havoc
LSU Fan
Member since Nov 2015
8586 posts

re: Big baws move to dominate Permian
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.


tigerinthebueche
LSU Fan
Erwinville, LA.
Member since Oct 2010
21809 posts

re: Big baws move to dominate Permian
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.


Replies (0)
Replies (0)
20
ecb
LSU Fan
Member since Jul 2010
4247 posts

re: Big baws move to dominate Permian
They bought xto the first time because they were too slow and stifling to make money, how is it going to work this time?


Replies (0)
Replies (0)
00
Sayre
Santa Clara, CA
Member since Nov 2011
4221 posts

re: Big baws move to dominate Permian
quote:

No one cares.




Shut up, dickhead.


Replies (0)
Replies (0)
40
Sayre
Santa Clara, CA
Member since Nov 2011
4221 posts

re: Big baws move to dominate Permian
quote:

Havoc


quote:

No one cares.




Shut up, dickhead.


Replies (0)
Replies (0)
40
cypresstiger
LSU Fan
The South
Member since Aug 2008
4209 posts

re: Big baws move to dominate Permian
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



Replies (0)
Replies (0)
10
DeCat ODahouse
LSU Fan
Member since Jan 2017
238 posts

re: Big baws move to dominate Permian
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.




Replies (0)
Replies (0)
00
first pageprev pagePage 3 of 3next pagelast page
refresh

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram