NextWave EFT
@NextWaveEFT
Followers
11K
Following
5K
Media
459
Statuses
6K
Fundamental analysis in the energy space. Not investment advice.
Joined December 2019
February 2024 to today
Kimmeridge should take an activist stake in $CTRA. Split off the $COG Appalachian assets to $CHK, retain the $XEC Permian and Anadarko assets Merge with $PR and $MTDR to form a $30bn Delaware-focused powerhouse. $PR mgmt to run the PF entity. Company would be a must-own.
1
1
32
Lot of big news in energy these days, but there’s only one story that matters: Comstock’s powerpoint template matches their CEO’s 3rd grade school photo from 1976. $CRK
6
3
54
Don’t see the rational in a SM + CIVI merger. No asset overlap, too many basins. “Scale efficiencies” are achieved when growing within a single basin. Achieving “scale” by adding basins isn’t a thing. It’s a mess. In that merger, one company wins, one loses. Just ask $CTRA
9
3
58
For those that missed the sarcasm. https://t.co/o2aMKU72We
@kadihalkadih @NextWaveEFT @anasalhajji This chart tracks US shale oil production in barrels per day (bopd) from 2006 to 2025. It shows steady growth from near zero to over 11 million bopd, with a brief dip around 2020. The "Wrong" labels satirize repeated predictions that shale is "dead," while production keeps
5
1
15
2014-2018: Companies underwrote 30 wells per section in the Delaware. We laughed. 2019-2023: OOPS. Spacing and timing matter. What we meant was 12 wells/section 2024+: Nvmd, up to 40 wells/section is doable when sequencing development correctly The last point is true.
3
0
45
AI will end humanity because humanoid robots, who still lack the capability of peeling a banana, will power itself by drilling gas wells, mining materials, and assembling solar panels. Did I get that right?
6
0
40
$DVN reports y/y D&C costs in the Delaware Basin have come down from $800/ft to $650/ft. Softening service costs play a role, sure. But this rate of change in the 10th year of a play is impressive af. Hats off to the $DVN ops team.
13
6
110
Those Tamboran Australian shale wells…not good. $TBN Based on IP results, well productivity looks like Barnett (1 bcf/1000), but with costs similar to Western Haynesville (>$20mm)…. And no market to sell the gas. Mgmt will hype this another 36 mos and then this will all end.
15
6
131
Sometimes you gotta step back and just look in awe at what the American Oil and Gas industry is capable of. Permian Basin Stats - 250+ companies - $500 billion invested - 50,000 wells - Made the US the #1 oil producer There's no other country on earth that could achieve this.
21
25
320
And just a follow up to this to get ahead of the comments: This doesn’t disprove the trading / share count theories people are hanging onto. This is a piece of information that shows the leaders of the business (who are peddling the “corporate warfare” stuff) are frauds.
1
0
33
Quick Orogrande update for the $MMTLP folks who are still looking for answers As a reminder, Nextbridge lost their 130k acre lease that “has 4 billion barrels” as touted by CEOs Brda/McCabe 12 mos later, nobody in the industry has leased those acres… Bc as warned it was a scam
6
14
85
Open AI: I will pay 2x spot rates to secure energy for my datacenter. Don’t care if it’s wind or coal. META: 5x spot rates. Any energy other than a melted down nuclear power plant lol Google: I’ll take that melted shit. 7x rates. Chamath: Energy costs are going to zero.
9
20
286
Sankey always does a great job communicating the status of oil markets. Clear and concise. Recent cnbc piece is worth a watch.
Global oil market at historic inflection point as supply, demand falls, says Paul Sankey @CNBC
3
0
19
Calling c the "speed of light" completely misses the point. Rather, c is the "spacetime exchange rate": how many units of space you can exchange for one unit of time. In actuality, everything travels at the "speed of light", just not necessarily through space alone... (1/4)
667
2K
20K
Here are the price differences for the avg american consumer from 2005 to 2025: Groceries: +155% Housing: +90% Healthcare: +120% Education: +58% ——— Gasoline: 0% Over that 20 yr span the US Oil and Gas Industry became a global energy superpower. This ^ is the result.
17
24
207
2/2 Let's just append this to the end so I dont have to keep writing "agreed" to the comments: 2018 well costs at $70/WTI was also pretty gross.
2
0
14