@zacurate Dude I think you conjure cold weather when you post natgas memes, keep it up

@modelsnadderall 60% of the time, I’m pre-tax every time.

EGS drill costs are coming down, Fervo is doing really cool stuff. Zanskar is doing rrally cool stuff

Houlihan Lokey updated YE EBITDA multiples for energy. Upstream is avg of 6.1X. Midstream >10x.

@Alexlsu10 Refracs are 1/10th to 1/2 of the cost and reserves of a new well. The results are more voriable, but it’s a more distributed risk. So I definitely think operators should think of it programmatically. I think in groups of 10 refracs.

Booking reserves for refracs makes companies more likely to execute them. Also, executing refracs makes companies more likely to book reserves against them.

@DadAndRoblox If they had a dollar for every time I rolled my eyes at them

RT @bscholl: Boom! We cracked it! Today we are introducing Boomless Cruise—supersonic flights up to 50% faster with no audible sonic boom.…

@oilmutt For them to step out like this into offshore, what does it tell us about onshore U.S. oil plays?

The relationship between SP500 index price and US GDP is currently increasing, but is volatile. Right now at 0.2. So if you believe the AI demand story, and relationships between power demand, GDP, and SP500 remain about the same, SP500 price target of 9,000 by 2030.