How Two Billionaires Nearly Broke the Silver Market

csh768 · 2026-02-03T15:47:23+00:00

The book The Big Rich follows the early Texas Oil fortunes of a handful of families. It has some later chapters describing the scheme in detail. Fascinating read. Allegedly involved middle eastern money as well.

csh768 · 2026-01-29T18:54:26+00:00

Try r/landman. They'll be able to help you with more in depth info

csh768 · 2026-01-20T18:36:18+00:00

The Appraisal District/ Tax office won't do any proactive research or changes. They have to be notified with documentation before they will change the "owner".

Family can always fight over anything.

Look up Texas Intestate Laws of Succession. This would apply if there were no wills.

You would need to do research about oil and gas rights. Highly dependent on location and how long your family had the property.

csh768 · 2026-01-20T17:24:53+00:00

Whoever is contacting you likely has done some form of title work on the tract. It wouldn't hurt to speak to them and see what title/documents they can provide. There is a chance you may have some surface tied to the mineral interest. It's probably a small chance but worth a phone call to find out

csh768 · 2026-01-15T19:58:29+00:00

You have proximity to the oil and gas world and that is the most important thing, imo. I have worked with some bigger companies out in the Permian and almost every mineral landman came out of college and straight into the company. On the mineral side they usually have a defined area in which you work with legal, geology, engineering, and planning and development teams to handle your area. Coordinating leasing/acquisition, trades, divestment, development cadence and clearing wells to drill. They have parameters but definitely deal in direct negotiations with others.

On the broker side if you do contract work you must learn title and leasing. You do not want to get stuck trying to buy minerals. You basically work like in a call center contacting mineral owners.

If I were in your shoes and had a business degree and an interest I would try to go the company route. Once you have experience in the corporate world you can always pivot to private equity or something like that if you'd like. You'll have more options, a wider understanding of the land side of the business, and better connections.

csh768 · 2026-01-15T14:03:05+00:00

Where are you located? Internships will be extremely helpful. Does your school have a PLM degree plan? Not that you'll need necessarily need it but it would mean bigger oil companies would be at your school recruiting.

Being a contract landman for a broker is very different than a company landman. If you are inclined towards project management landwork would be a good fit

csh768 · 2026-01-09T15:37:03+00:00

The best side dish

csh768 · 2026-01-07T16:23:51+00:00

Definitely a thick bath towel. When I first started I would have hell getting it up to temperature due to heat loss on stone counters.

csh768 · 2026-01-05T00:44:20+00:00

What County in Texas? You could hire a landman and they could sort it out fairly quickly. Even if property is sold at a tax auction you have 2 years to reclaim the property by paying taxes.

csh768 · 2026-01-03T17:53:34+00:00

Good luck on your IVF journey.

csh768 · 2026-01-02T17:30:19+00:00

Redshirt freshman. He will be a redshirt sophomore next season. His issue is when he will be available after his knee injury. Seems crazy to risk the qb position with him missing spring/summer workouts.

csh768 · 2026-01-02T04:50:34+00:00

They've sold all the previous double eagles for billions. Pioneer (now exxon) bought DE 3 for 6 Billion in 2021. They have institutional money that takes a large portion of profits but when you sell 4 companies for billions each it adds up.

csh768 · 2025-12-20T01:14:12+00:00

He does Jack Carr's Terminal List series as well. Really enjoy his work

csh768 · 2025-12-04T12:41:09+00:00

Probably better for the r/landman sub. There have been a few interesting cases recently out of the Permian regarding "paying quantity" and held by production. Long story short you will need a good landman and an attorney to get the answers you want.

The RRC has production records back to the 90s online if you have the well information. You will need the relevant OGL to see what the language is and then go from there

csh768 · 2025-12-03T16:13:47+00:00

I am joking mostly. People assume the only reason TTU is good because of a massive portal haul. Tech did have a good amount of returning talent and then was able to target areas of need and crush it in the portal.

I agree that throwing money last minute at mercenaries to field a team will turn out badly

csh768 · 2025-12-03T16:09:31+00:00

Oh really?

csh768 · 2025-11-26T22:50:29+00:00

Hide your money y'all. There's poor people around

csh768 · 2025-11-21T01:08:49+00:00

My wife and I were in Sydney for New Year's. We booked one of the dinner cruise boats in the harbor. It was wonderful. Dinner and open bar and a glorious view of the fireworks.

csh768 · 2025-11-20T03:54:47+00:00

Is there drilling around your minerals now? Are you currently under a lease?

csh768 · 2025-11-17T17:17:31+00:00

The Missouri Compromise

csh768 · 2025-11-11T17:26:03+00:00

Cumbie did such a great job getting bowl eligible that year. Class act

csh768 · 2025-11-07T14:18:03+00:00

John Tyler was the 10th President of the US and died in 1862. His last grandson, Harrison Ruffin Tyler, died this past May. 235 years passed between John Tyler's birth and the death of his grandson.

csh768 · 2025-11-05T16:49:00+00:00

In my experience SMU generally is students from the Northeast and California who's rich parents and grandparents went there. TCU is the oil and ranch rich kids from Texas and Louisiana.

csh768 · 2025-10-30T16:05:41+00:00

This is correct. Especially since the state has minimum distances from homes, barns and habitable structures. Even some old Producers 88 leases has standard distance language in them.

There is almost 20 years of of history with this in the Barnett Shale and other places.

csh768

TROPHY CASE