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GREENHEAD22
LSU Fan
Member since Nov 2009
14570 posts

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


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Triggerr
LSU Fan
Member since Jul 2013
1435 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?


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Havoc
LSU Fan
Member since Nov 2015
11268 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
26029 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.


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ecb
LSU Fan
Member since Jul 2010
6190 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?


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Sayre
San Jose, CA
Member since Nov 2011
4700 posts

re: Big baws move to dominate Permian
quote:

No one cares.




Shut up, dickhead.


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Sayre
San Jose, CA
Member since Nov 2011
4700 posts

re: Big baws move to dominate Permian
quote:

Havoc


quote:

No one cares.




Shut up, dickhead.


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cypresstiger
LSU Fan
The South
Member since Aug 2008
5222 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



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DeCat ODahouse
LSU Fan
Premium Member
Member since Jan 2017
547 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.




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Geauxing83
Member since Jan 2020
2 posts

re: Big baws move to dominate Permian
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.


Geauxing83
Member since Jan 2020
2 posts

re: Big baws move to dominate Permian
Do you have the link to the video or thread with the lady getting kicked out of the restaurant?


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Twenty 49
LSU Fan
Shreveport
Member since Jun 2014
13590 posts

re: Big baws move to dominate Permian
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.


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Ed Osteen
New Orleans Saints Fan
504
Member since Oct 2007
48476 posts

re: Big baws move to dominate Permian
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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