Wide open choke

64/64. Mid-con and Permian; E&P and minerals. Petroleum Engineer. "Everyone rises to their level of incompetence." –Dr. Lawrence Peter *not that active anymore*

[Wide open choke @wideopenchoke]

(1/) DUCs truly are the story here. Every analyst’s model is over-projecting future (12-24mo) production.

Tier 1 is very parent-well drilled and infill degradation is bigger than most project.

We’re talking smaller IPs, harder declines and exploding GORs….

[Chuck Yates @nimblephatty]

I’m still amazed that oil production in the United States is above 11mmbbls/d. We must have some damn efficient rigs and crews to keep production increasing (albeit slightly) at these rig levels.

[Wide open choke @wideopenchoke]

@parkertankus

[Wide open choke @wideopenchoke]

I love logging on to see a untc board member posting some weird ass stat post like he doesn’t know all the asset packages have LOIs…

[MailboxMoney @mailboxmoney6]

$untc

No update on upstream sale process
No buybacks in Q1
No new hedges either (good)

FCF $3.68/sh despite $2.11/sh cash outflows to settle hedge losses

Upstream prod'n -9.9% q/q due to just 0.06 net TILs

$8.78 net cash per share

[Wide open choke @wideopenchoke]

I would love to see the rise of finance bros in E&P plotted with the number of shitco bankruptcies🖕🏻

Haven’t shitposted in a while and thought why not come out swinging 😉

[Wide open choke @wideopenchoke]

@DarkfireCapital

[Wide open choke @wideopenchoke]

@mailboxmoney6 Maybe you’re doxxed?! But just keep posting about $untc 🤷🏻‍♂️

[Wide open choke @wideopenchoke]

Anyone remember the Hogshooter hype? Yeah, my old bosses do too 😂

[Wide open choke @wideopenchoke]

@ChrisBird12344

[Wide open choke @wideopenchoke]

@clintbarnette Dry powder

[Wide open choke @wideopenchoke]

@jrs_mesh Heading back to miss lime had me giggling

[Wide open choke @wideopenchoke]

Funny and full of emotion, all at the same time! #EFT and @MorganWallen are very proud 👏

[Wide open choke @wideopenchoke]

@ShaleUnikitty Damn good! Laughing and feeling the feels at the same time 😂

[Wide open choke @wideopenchoke]

Get it kitty!!

[Wide open choke @wideopenchoke]

@ShaleUnikitty

[Wide open choke @wideopenchoke]

@markthesnark

[Wide open choke @wideopenchoke]

What’s happening here 😬

[Wide open choke @wideopenchoke]

JFC, how did Biden and this woman get in office? Putin is laughing his ass off… Trump may have hurt a few people‘s feelings but he didn’t waste our time with up this green energy pandering weak bullshit. Shut this bitch up and no-fly zone Ukraine already

[Wide open choke @wideopenchoke]

Hamm hedging 50% of production

*probably

[First Squawk @FirstSquawk]

OIL FUTURES SOAR TO HIGHEST SINCE JULY 2008, BRENT HITS $139.13/BBL, US CRUDE HITS $130.50/BBL

[Wide open choke @wideopenchoke]

@vipetrades2 Will do brother 🙏