Houston..we have a problem....

7,926,759 Views | 29461 Replies | Last: 41 min ago by SpreadsheetAg
Boat Shoes
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to ThreeFive • 12:53p, 11/12/25
AG
ThreeFive said:
nosoupforyou said:
ThreeFive said:
Comeby! said:
Any idea on the buyer?

Flywheel


Wow… They are throwing around some money!

I'll be in their office next week - we are very involved with them on the marathon OK asset that they just closed

They have a sponsor with a lower cost of capital than your typical private equity backed team, so they've been very competitive and aggressive. I personally don't think they're built to on board/manage this many new assets at once, but we'll see.


Who is their sponsor?
Reply Quote
Gordo14
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Boogie6 • 2:53p, 11/12/25
Boogie6 said:
But that is caused by regional factors? Local supply outstripping local demand due to continued oil drilling in the Permian that produces the associated gas and pipeline bottlenecks.

And the Trump administration's deregulation of the permitting process should make it easier to build midstream infrastructure and reduce those bottlenecks?


Limitations to gas takeaway are more metal and financing than regulatory.

Because of the near limitless natural gas potential of the Permian, natural gas diffs will always be trash in the Permian and the value will always be on the midstream side for that commodity. There will be brief moments of green shoots when infrastructure is built and then it'll fill up and regional prices will collapse again. At best, once oil rich plays are fully developed and oil production starts declining it'll eventually be like Marcellus diffs.
Reply Quote
3
Marsh
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to nosoupforyou • 5:09a, 11/13/25
AG
nosoupforyou said:
Baytex sells Eagle Ford asset for $2.3 Billion -WOW that's high - anyone know who got it?


Baytex Energy is exiting the U.S. Eagle Ford by selling its assets to an undisclosed buyer for $2.305 billion in cash. This strategic move will refocus the company on its Canadian operations, which include heavy oil and Duvernay plays


Didn't they buy this asset two years ago for $2.5 B? Sounds like the only ones who made money on these deals were the lawyers and bankers...
Reply Quote
3
Boogie6
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Marsh • 6:09a, 11/13/25
AG
Correct. Bank of America. From one of its bankers that I talked with:

"BofA sold the Eagle ford assets (Ranger Oil Corp) to Baytex in 2023 and now they ultimately divested the same package."

With this sale, BayTex will end its U.S presence and will be focusing on its western Canadian operations. Another example of midstream companies divesting non-core assets and decreasing their geographic scale to focus on core infrastructure
Reply Quote
4 edits
Ag CPA
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Marsh • 12:21p, 11/13/25
AG
The legacy Lonestar assets in that sale are now on their fourth operator in four years.
Reply Quote
3
1 edit
Comeby!
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Ag CPA • 1:16p, 11/13/25
AG
Is that the wells near College Station?
Reply Quote
topher06
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Ag CPA • 1:27p, 11/13/25
Is this the correct forum to ask about my new business idea: Well signs written in dry erase markers
Reply Quote
10
Ag CPA
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Comeby! • 2:02p, 11/13/25
AG
Comeby! said:
Is that the wells near College Station?

That is part of it.

Reply Quote
1
nosoupforyou
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Ag CPA • 2:56p, 11/13/25
AG
Do you know Who bought the asset for $2.3 B?
Flywheel? I'm in their office next week
Reply Quote
ThreeFive
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to nosoupforyou • 3:38p, 11/13/25
AG
It's Flywheel.
Reply Quote
1
Boogie6
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Boat Shoes • 11:24p, 11/13/25
AG
It used to be Kayne Anderson through its Private Energy Income Fund, but they exited last June 2024. At the same time, Gunvor Group, a multinational commodities trader in natural and liquified natural gas, bought a 41% minority equity stake in FW.

https://www.businesswire.com/news/home/20250429980265/en/South-Wind-Exploration-Production-LLC-Announces-Equity-Commitment-from-Kayne-Anderson
Reply Quote
1 edit
ThreeFive
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Boogie6 • 11:44p, 11/13/25
AG
Boogie6 said:
It used to be Kayne Anderson through its Private Energy Income Fund, but they exited last June 2024 when Gunvor Group, a multinational commodities trader in natural and liquified natural gas, bought a 41% minority equity stake in FW.

https://www.businesswire.com/news/home/20250429980265/en/South-Wind-Exploration-Production-LLC-Announces-Equity-Commitment-from-Kayne-Anderson

Partially correct. Flywheel is backed by Stone Ridge, formerly Wincoram. I believe Gunvor is a minority investor.

Some of the South Wind executives used to be a part of the Flywheel team, but they left and partnered with Kayne. Ironically, Kayne and South Wind were also in the second round of the Baytex process.
Reply Quote
1 edit
topher06
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
2:03p, 11/19/25
Back under 60 after peaking up for a minute.
Reply Quote
SweaterVest
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:37a, 11/23/25
AG
Do any of yall work in offshore asset risk management? I've been out of O&G for a couple of years but my current industry has me thinking about a potential business opportunity back in O&G. I'd love to pick someone's brain for a few minutes if anyone is willing to talk.
Reply Quote
TxAg20
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:13a, 12/2/25
AG
Targa to acquire Stakeholder Midstream in $1.25 billion all cash deal.

https://www.wsj.com/business/energy-oil/targa-resources-to-acquire-stakeholder-midstream-for-1-25-billion-a762f1f9

I know there's at least 1 Ag in management at Stakeholder.
Reply Quote
1
green tea
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to TxAg20 • 10:56a, 12/2/25
AG
All cash for a $1.25 billion "bolt-on". Not too shabby.
Reply Quote
1
Ragoo
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:36a, 12/2/25
AG
Bolt-ons
Reply Quote
6
Motis B Totis
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
3:01p, 12/2/25
AG
is LLOG up for sale?
Reply Quote
Daytona22
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Motis B Totis • 3:45p, 12/2/25
AG
Yes. They've been seeking $3B based on a few various reports.
Reply Quote
tommyjohn
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:42p, 12/2/25
The LLOG founder died 18mo or so back and the family wants to sell.

It will be interesting to see who scoops them up.
Reply Quote
canadianAg
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:33p, 12/2/25
AG
Also hearing beacon is actively looking for a buyout
Reply Quote
bkag9824
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to SweaterVest • 9:08a, 12/3/25
AG
SweaterVest said:
Do any of yall work in offshore asset risk management? I've been out of O&G for a couple of years but my current industry has me thinking about a potential business opportunity back in O&G. I'd love to pick someone's brain for a few minutes if anyone is willing to talk.

Shoot me an email, username @ hotmail

I'm not intimately involved in RiskMan but dabble enough in it along with hazard analyses/safeguard assurance to probably give some insight that may be helpful.
Reply Quote
Jbob04
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to plain_o_llama • 10:56a, 12/3/25
AG
Wish Comstock would finish drilling in Leon county. Tired of the traffic and lights.
Reply Quote
1
Boat Shoes
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Jbob04 • 4:18p, 12/3/25
AG
$5 gas and theyll be there forever!!!
Reply Quote
1
Bibendum 86
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Boat Shoes • 5:38p, 12/3/25
AG
Boat Shoes said:
$5 gas and theyll be there forever!!!
$5 gas and they'll all drill it back to $4.
Reply Quote
2
JP_Losman
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:59p, 12/3/25
AG
Anyone following Recon Africa and their new onshore Namibia play? Sounds like they might have a discovery on what could be an ultra large position in northeast Namibia. Zagros style fold belt play with massive structures

Stock symbol is RECAF

Lots of action since the announcement at 9am
Reply Quote
4
BPCAg05
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to JP_Losman • 9:50p, 12/3/25
AG
Been following for a while and will continue to do so. Hopefully this is the beginning of something!
Reply Quote
EnglishElhew07
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Bibendum 86 • 6:34a, 12/4/25
Bibendum 86 said:
Boat Shoes said:
$5 gas and theyll be there forever!!!
$5 gas and they'll all drill it back to $4.


They will keep drilling it at $4 also. I think they are drilling up and down 79 in Leon and Robertson for years to come.
Reply Quote
Jbob04
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to EnglishElhew07 • 7:28a, 12/4/25
AG
They've punched a lot of holes along 79. Hell they were steady drilling when gas was $2.
Reply Quote
Pasquale Liucci
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Jbob04 • 7:39a, 12/4/25
AG
They came to us back in '23 when we were about to exit high temp M/LWD ops in the area and offered to put our ultra high temp tools on retainer plus footage rates and pickup fee plus agree ahead of time on over temp charges because every well was in excess of 200-205C.

Probably the first time we ever made money in the Haynesville. I never once saw where they disputed damages/repair charges. They basically said we're gonna drill this and we don't care what it costs
Reply Quote
redaszag99
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to JP_Losman • 11:17a, 12/4/25
Like HDY?

Time to buy RECAF?
Reply Quote
1
Ag CPA
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Pasquale Liucci • 1:24p, 12/4/25
AG
Jerry just dropped another $1B in Comstock to finance this; it's probably going to be his final legacy project in O&G so I doubt if he's as concerned that it's very profitable as long as it's productive.
Reply Quote
1
JP_Losman
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to redaszag99 • 2:58p, 12/4/25
AG
If there was ever a time to buy, it is now.

Reply Quote
Diggity
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to JP_Losman • 3:06p, 12/4/25
AG
a couple days ago would have been better
Reply Quote
1
MJ20/20
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Diggity • 3:15p, 12/4/25
AG
duh
Reply Quote
First Page
Page 841 of 842 ▼
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.