Downspace and Pray

Destroying value one shitty acquisition at a time, 1.8 b-factors and however many WPS get the deal done.

[Downspace and Pray @64Wps]

@okie_jayhawk @ShaleTier7 Plus of L48 inventory running out is we get to watch capital incineration move to international unconventional plays cuz the urge to squeeze a couple extra wells in a section is surely not just an American indulgence. It'll just be some sheik in Dubai instead of Giraud in Midland

[Downspace and Pray @64Wps]

@cade_carter1 @larrabeest @StreetBomber Correct

[Downspace and Pray @64Wps]

@atherton_chris Pretty unique scenario around this one....not apples to apples to compare to other tracts or past BLM sales. Buyer stepped into a bunch of PDP wells

[Downspace and Pray @64Wps]

@cade_carter1 Haha, I chuckled. Still here, just stepped back a bit. In all honesty, Sheffield tried to hand over the reigns once and had to come back to right the ship so this would be a logical way to exit/retire all at once.

[Downspace and Pray @64Wps]

@LandmanLife @noomnus @JHandimeyer @MOAR_Drilling There’s at least 25 additional locations in each of those proration units, stop being so GD conservative.

[Downspace and Pray @64Wps]

@ZeroBasis Having worked for a couple public E&P’s and seen how terribly they allocate capital, I can’t bring myself to put a dollar into any public entity.

[Downspace and Pray @64Wps]

@VPMinerals Rock quality and inventory wise, you couldn’t have a royalty asset in a better spot. Sitio’s logical buyer in my opinion. Curious to see what it goes for as you’ve gotta be comfortable with Fed acreage (aka not dumb). Galley only held for a ~year prior to marketing.

[kyle o’hehir @financeguy725]

underwriting is more fun when you realize every strange request is tied to a borrower who fucked the bank in that exact way

[End Wokeness @EndWokeness]

My kitchen, my choice

[Downspace and Pray @64Wps]

@CdnEngyAnalysis @TomLoughrey_LFE unPublic*

[The Babylon Bee @TheBabylonBee]

Nation In Shock As Politicians Show Up To Work 4 Days In A Row https://t.co/oJVdxZeGyc

[Downspace and Pray @64Wps]

@Anon1Oil @Suicide95518428 @willrayvalentin @TomLoughrey_LFE @ChevExec @SierraClub @_sem_yyc Fuck those GD birds

[Downspace and Pray @64Wps]

@WestTxGeo @Pref_Right @willrayvalentin I generally agree with what you laid out, but think you’re underestimating independent O&G folks and how high prices will incentivize them to find more O&G. Be an early mover or fast follower and don’t limit yourself to the Permian or GOM….there’s plenty of oil left out there.

[Downspace and Pray @64Wps]

@NewsFinOil True, but it beats the hell out of Texas and the cluster that it’s courts have caused via their interpretation of relationship and responsibilities of the operator/non-operator/non-operator’s lessor

[Downspace and Pray @64Wps]

@zacurate

[Elon Musk @elonmusk]

My pronouns are Prosecute/Fauci

[Downspace and Pray @64Wps]

@cade_carter1 @TwainsMustache @WSJ Yeah, agreed that Potash shouldn’t materially affect development outside of a few small/specific areas. Exxon’s costs are just higher than competitors and then they drill too many wells/overcapitalize their developments in addition to that.

[Downspace and Pray @64Wps]

@max_gagliardi I worked 3 hours this afternoon. Then I opened a bottle of wine with my wife and played with my kids. Is this ok with you or am I a shitty father? Really need your feedback to confirm my life decisions are ok

[De La Rosa @Tejanobrown]

I’d like to dedicate this one to all my friends @JustStop_Oil and anyone else that wants to spill tomato soup. Try to do something that’s actually meaningful in life. #EFT #ClimateActionNow