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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (4297)	7/20/2025 12:22:32 PM
From: Tweets Boar Hog	Respond to of 4385

Bob, the deep water aspect is why I am following Rig. I think the next 'drilling' boom will be big, and not sure but I suspect the profits are better during boom types in deep water. Not as many players, dunno for sure? Otoh the deep water operators probably get hit harder during the inevitable down turns. NOV has kind of remade themselves since my earlier days in the patch. Back when I worked on some of their stuff (old PD pumps), I thot they might go out of business. Then I think they merged with Vargo and got into the well service business, amongst other possible things. Kind of really remade themselves. Following RES another well service co but afa I know only on land. Nice looking chart imo, for good appreciation. Looks close to a bottom as well. Take a look. I think they work all over, but decent in The Permian. Diversified but pumping (fracking) their biggest revenue source. How much oil is really in ANWR? Who knows Bob, afa I know only one test well has been drilled in ANWR, many years ago, by Chevron and BP as I recall. To date most of the new oil on the slope has been discovered west of Prudhoe and Kuparak, most recent finds in the large Colville River Basin area. Pantheon has made some decent discoveries south of Deadhorse, west of ANWR, but I think they are finding that development costs are larger than initially believed. pantheonresources.com COP is moving forward with its Willow Project, another ice road only site. Probably be a few years yet before oil flows, like 2029. Not sure of the ice road only impediment, you do have to plan better. Willow has an airstrip, maybe lots of C 130's. Santos keeps yacking about Pikka (near Willow), but never moves forward. Now it appears they are up for sale. alaskabeacon.com Takes deep pockets to work up on the North Slope, that is for sure. What AK needs most besides new oil for the pipeline, is the gas line. Jmo but I think they under estimate the price tag, my thot is closer to 100 billion than not. Lot of money gonna take partners. I read a blurb Trump and Co were trying to get foreigners like Japan, maybe Korea, maybe China to take stakes. Current average Trans Alaska Pipeline flow rate approaching 450,000 BPD. Tweets