SKEP + 229 SK August 5, 2019 (edited) . Edited August 8, 2019 by SKEP Quote Share this post Link to post Share on other sites
Old-Ruffneck + 1,220 er August 5, 2019 41 minutes ago, SKEP said: Just the facts. The Permian majors Exxon, Chevron, BP, Occidental, Conoco will continue to increase production regardless of price. Fracked crews getting ready to complete DUCs Cactus II and EPIC Permian pipelines starting this month. Gulf of Mexico building export capacity Projected Consolidation phase in 2020. But with public Indie share prices dropping it could happen 2019 Yes, parts of the Permian will be taken over by the majors, regardless of pricing. DUC's are too many to Frac in the rest of 2019. Aint gonna happen. Pipelines to the Gulf is no secret, and should be fully functioning by end of 2020. Indie prices dropped like a rock in 2014, bet a lot will survive this next downturn. 1 Quote Share this post Link to post Share on other sites
SKEP + 229 SK August 5, 2019 (edited) On 8/5/2019 at 9:33 AM, Old-Ruffneck said: . Edited August 8, 2019 by SKEP Quote Share this post Link to post Share on other sites