lol twinpeaksoil just seems to creep up and up,, $102 for txn...

lol twinpeaks

oil just seems to creep up and up,, $102 for txn with the premium

i notice the NGL's prices also went through the floor. there is so much of it now with the shales production that what was once scarcer, is now cheaper with the abundance available.

txn is in an oil zone, but the condensate window more to the south in the eagleford trend is producing less profit now with the lower prices due to the progressive saturations from the fields like the efs. not many operators in the gas/condensate have that aspect priced into their share.. the long term operators in the oil zones like eog also are coming under increasing notice.

the oil zone may become even more attractive with that turn of events over the last year or so.