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Crazy right! This is with several countries pushing oil into the market....
https://www.cnbc.com/2022/03/31/us-to-release-1-million-barrels-of-oil-per-day-from-reserves-to-help-cut-gas-prices.html
You should really take a look at how that data point is created... Until then.. Blah..
Yep, thanks for posting that... here is more detail...
https://texreg.sos.state.tx.us/public/readtac$ext.TacPage?sl=R&app=9&p_dir=&p_rloc=&p_tloc=&p_ploc=&pg=1&p_tac=&ti=16&pt=1&ch=3&rl=52
https://texreg.sos.state.tx.us/public/readtac$ext.TacPage?sl=R&app=9&p_dir=&p_rloc=&p_tloc=&p_ploc=&pg=1&p_tac=&ti=16&pt=1&ch=3&rl=52
"this was the initial test" The "Reason for filing" section clearly indicates a retest, not "initial test" or survey..(I can enlarge the image if that is necessary) The other thing I noticed was the assumed understanding of the parameters of the W-10 testing procedures.. These procedures vary be field.. What fields do these wells reside in? Is there a variation to the procedures for these fields? I find it highly unlikely they (TRRC) would be ok with a "Just the tip, just for a second, just to see how it feels" kinda of test..
How was that visit to the leases?
Oh wait....
Get ready...
A 50/50 cut does not fall into their narrative..
HEY!
Its Thursday we gotta warm up.