ComboCurve

Efficient Markets just sold 33,529 acres in a $4B federal lease sale, setting multiple all-time records in the process. The sale generated $4,007,609,288 in aggregate high bids and hit a record-breaking $357,129 per acre. So… what actually happened behind the deal? In Episode 2 of ComboCast, Keith Ries from Indigo Energy Advisors joins Dylan Breaux and Ben Gonzalez to break down one of the most historic federal lease sales of all time, how non-op underwriting has changed, what buyers are looking for today, and where A&D is headed next. We also get into: → The changing economics behind deals → How capital discipline is reshaping acquisition strategies → What the future of A&D could look like Bonus material: the top oil and gas movies, can you name the top 3? If you work in A&D, reserves, engineering, minerals, deal evaluation, or the oil and gas space at all - this one is worth the listen. Watch/listen here: YouTube - https://lnkd.in/g5EvcVyR Spotify - https://lnkd.in/grby9RaN

Wrapping up our Vaca Muerta series with a look at what matters most: production growth. And it's impressive. More than doubling in the last few years. The trajectory tells a clear story. This is a play that continues to scale. As we’ve discussed: well design, completions, and development strategy are increasingly aligning with proven U.S. shale playbooks. But the real takeaway is momentum. Again - Great to be in Buenos Aires this week at the SPEE Latin America Conference, hearing directly from teams driving that growth. Society of Petroleum Evaluation Engineers - Latin America

~200% Increase in 1st 12-month cumulative oil production. That's what we're seeing in the Vaca Muerta. Improving from ~70Mbo (2016 wells) to ~230Mbo (2025 wells). The play is still evolving, but results like this highlight both the progress being made and the scale of the opportunity. As the saying goes: Production is King. Great to be in Buenos Aires this week. Please reach out or come see us! 👋 Society of Petroleum Evaluation Engineers | Society of Petroleum Evaluation Engineers - Latin America

See how 350+ Companies are using ComboCurve. Book a demo and find out why!

Download additional materials from our Delaware Basin 2nd Bone Spring Study- 1,500 Wells Analyzed We analyzed 1,500 2nd Bone Spring wells across seven counties mapping EUR/ft, depth, GOR, and oil price break-evens. Now in dark mode for your viewing pleasure. Counties analyzed: Culberson, Eddy, Lea, Loving, Pecos, Reeves, Ward. Comment "Dark" or "Light" and we'll send you the PDF to add to your collection. Or just send us a Direct Message... Data Source: TGS #delaware #shale #engineering #petroleum #oil #texas #naturalgas

Oil & Gas ETF (#XLE) vs Copper ETF (#COPX). As you can see, copper miners have already broken out, while the oil and gas sector is still lagging behind. These two usually follow similar trends, so it’s likely that XLE will catch up soon. All it really needs is a little push from oil prices—if we get oil above $60 and it holds there, we could see a breakout in oil and gas ETFs just like we’ve seen in metals and copper. The setup looks promising! *Disclosure: I may have a financial interest in some of the securities or themes discussed. This is for informational purposes only and not investment advice.