There's a lot at stake in regard to Midland’s upcoming local elections — mayor and city council.
Blong and Ladd are focused on making Midland a better place to live through competent leadership and are doing so now.
The only credit I can give the competition is that they are extraordinarily creative. The conspiracy theories floating around their camp pertaining to the evils of a “Midland deep-state swamp” are wildly entertaining and would make for a pretty solid fiction work. Somebody call #taylorsheridan asap.
This is a fork in the road type of election.
Early voting: October 20-31.
Election Day: Nov 4.
More on this to come.
@o_gdaddy I went down that rabbit hole. Looks like things caught up to Gary. Wtf was he doing with the work product from 150 landmen?? https://t.co/fWKa7VMJ7a
@rocks_boffin Attorney: I will hire outside counsel to evaluate how unfuckable the quagmire is, even though I already know I will recommend the safer route that requires a shit ton of money to unfuck it
@FracSlap@FirehawkAero@williewockets Some councilmen are explicitly anti-development, like Burkholder, Poole, and Burkes, and they try to block MDC projects and other city improvements (eg Hogan Park). First order of business is to get rid of them.
@oilmutt their lender had filed intention to foreclose in the county before they even pitched the MDC. I figure they got an extension, pleading they could get MDC funds (which would not be for reno, but for debt service). MDC said no, so they're fucked
@FracSlap a year or two ago there were a lot of “what is Toyota thinking” articles/ posts about their failure to go all in on EVs. This is what they were thinking
@LandmanLife not a benefit, but sometimes deeds creating NPRI include 'cost free' language that might prohibit PPD and not square with a lessee-friendly royalty valuation. An operator might seek ratifications to try to cover themselves while deducting PPD
@WAR527 I use this for acorns and it can move some serious volume, and they have models for nuts. I recommend the weight set if operating on grass https://t.co/C0KjFdQO9J
@OPtighthole Just from a TX DO perspective, what can be included in a DO conforming to statute is pretty limited, and can include a fractional interest in production, but not GWI. Makes sense as DOs only are relevant for distribution of proceeds and not burdens
@FracSlap In the last council meeting the item was pulled by the mayor and the other councilman who put it on the agenda. It might not have had the votes, and that might be because Tom Craddick is opposed to it. Hope it is not dead, but it might be.
@FracSlap TX FF companies could easily block a renewable project by refusing to waive accommodation rights and use their dominant estate to cause uncertainty in a project, make it hard to fund. Instead most TX E&Ps enter into corridor agreements that permit joint dev with renewables
@BusinessInsider: these young folks think things are pretty good in Midland.
@BloombergNRG: we found a guy who says Midland sucks and we're going to highlight every negative aspect of it.
Depends on who you ask and what you want to amplify
We moved to a remote Texas town in our early 20s to jumpstart our careers. We found a robust, young town we loved so much we plan to stay permanently. https://t.co/L00eqpmTVU