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Independents in the US are a dog eat dog environment,

Posted on: March 9, 2020 at 11:23:22 CT

MU-TULSA MU

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M.O.B. Votes:

you have to drill or you lose your lease, some of the time you end up drilling improperly because of mineral rights owners, some cities wont allow seismic surveys because they are afraid it will cause foundation cracking, and on and on it goes.

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MESSAGE THREAD

Oil markets actively attacking the fracking industry - 4TigersinMichigan MU - 3/9 11:17:59

Fracking should be banned(nm) - Iam4Mizzou MU

- 3/9 12:13:08

Independents in the US are a dog eat dog environment, - MU-TULSA MU - 3/9 11:23:22

Beware of shut-in royalties(nm) - Mo Texan MU - 3/9 11:45:06

Jock Ewing and Digger Barnes were great wildcaters - Fred G. Sanford MSU - 3/9 11:38:29

It is a tough industry - 4TigersinMichigan MU - 3/9 11:24:53

weird time for a price war - meatiger MU - 3/9 11:19:32

Russia needs the cash as does Saudi Arabia - mu7176grad MU - 3/9 11:41:29

Demand is very much driving price - meatiger MU - 3/9 11:56:52

If you wish to take out highly leveraged operations - 4TigersinMichigan MU - 3/9 11:22:44

I am referring to the ME vs Russia - meatiger MU - 3/9 11:24:41

I am referring into the US oil/natural gas revolution - 4TigersinMichigan MU - 3/9 11:26:07

Probably Trump will add some tariffs - meatiger MU - 3/9 11:29:24

Buy as much as you can cheap - Mormad MU - 3/9 11:49:49