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Message

re: Major oil find in Permian Basin

Posted on 9/13/16 at 9:58 am to
Posted by golfntiger32
Ohio
Member since Oct 2013
12486 posts
Posted on 9/13/16 at 9:58 am to
Don't worry there will be some endangered lizard that keeps us from drilling.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
138119 posts
Posted on 9/13/16 at 9:59 am to
quote:

Don't worry there will be some endangered lizard that keeps us from drilling.


Worked on a project located around Midland. That goddamn lizard was a PITA.
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
65170 posts
Posted on 9/13/16 at 10:01 am to
I remember hearing about that.
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 9/13/16 at 10:27 am to
quote:


Most of the LNG will be going to Europe, correct?


A lot will go to Asia also. Although the gas markets over there are markered on oil prices, which means that sending cargoes to Asia is a lot less attractive now.
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 9/13/16 at 10:28 am to
Nothing beats the sage grouse in Colorado. Can't drill anywhere close to their habitat. Three weeks later a bunch of drunken farmers go blow the shite out of them with shotguns.
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
65170 posts
Posted on 9/13/16 at 10:42 am to
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
88781 posts
Posted on 9/13/16 at 11:10 am to
quote:

We will let you choose.

Gimme that PDC all day
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
88781 posts
Posted on 9/13/16 at 11:11 am to
quote:

Permian Basin....is in west Texas.
I haven't brushed up on my basins since grade school
Posted by Ignignot
Member since Mar 2009
18823 posts
Posted on 9/13/16 at 11:13 am to
not bad but land based drilling wont kick back in on a major scale until price is steady over 75/per
Posted by mikeytig
NE of Tiger Stadium
Member since Nov 2007
7735 posts
Posted on 9/13/16 at 12:58 pm to
quote:

Is it ours? And if not, how do we get it?


roll tide
Posted by Lefty Diego
West of the Pecos
Member since Aug 2009
714 posts
Posted on 9/13/16 at 1:10 pm to
Some of the acreage they acquired is near Balmorhea State park which is a natural springs park. San Salomen Springs feeds the park. There are opposition groups already.
Posted by austintigerdad
Llano County, TX
Member since Nov 2010
1884 posts
Posted on 9/13/16 at 1:56 pm to
quote:

3 billion barrels of oil
Sadly this represents just over 1% of the proven reserves of Saudi Arabia.
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
65170 posts
Posted on 9/13/16 at 2:10 pm to
quote:

Gimme that PDC all day


sand stringers will chew that bit up.

but at least you won't have to worry about rolling a cone
Posted by Pectus
Internet
Member since Apr 2010
67302 posts
Posted on 9/13/16 at 2:21 pm to
Not worth it to drill currentlh, but will be good when price rises...but this extra play may keep price low.
Posted by Bussemer
Heading South
Member since Dec 2007
2577 posts
Posted on 9/13/16 at 2:25 pm to
Here's the presentation discussing Alpine High. Pretty interesting read for anyone in the business.

LINK
Posted by Engineer
Member since Dec 2015
278 posts
Posted on 9/13/16 at 2:45 pm to
Thanks
Posted by Mudminnow
Houston, TX
Member since Aug 2004
34201 posts
Posted on 9/13/16 at 2:50 pm to
I thought for sure this would have been posted a few weeks ago and it was announced publicly a week ago. Apache stocks have been rising steadily for weeks before the public announcement.
Posted by BigPerm30
Member since Aug 2011
31000 posts
Posted on 9/13/16 at 2:57 pm to
So is Texas going to secede from the Union once that walking dead winch gets in office? If so, I need to find some land in Texas.
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
65170 posts
Posted on 9/13/16 at 3:02 pm to
quote:

If so, I need to find some land in Texas.



there is plenty. need a water well if you are out west
Posted by ragincajun03
Member since Nov 2007
27534 posts
Posted on 9/13/16 at 3:28 pm to
quote:

need a water well if you are out west


Or get an oil & gas operator to drill you one.
This post was edited on 9/13/16 at 3:28 pm
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