Shubham Garg (@whitetundrasg) 's Twitter Profile
Shubham Garg

@whitetundrasg

Founder/CEO @ White Tundra Investments. Betting on the world's growing thirst for Energy.

Chairman @ $PEI.V

ID: 1443821350217338880

linkhttp://whitetundra.ca calendar_today01-10-2021 06:13:37

2,2K Tweet

27,27K Followers

617 Following

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Prospera's February ops update and conference call will be held Wednesday at 10 AM MT! Listen in as we share key operational and financial updates, discussion of key wells on our Luseland reactivation strategy, and go-forward business plans. $PEI.V ๐Ÿ›ข๐Ÿ’ฐ x.com/i/spaces/1dRKZโ€ฆ

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Midland basin consolidation and scarce inventory is leading to continually dropped rigs and production plateau. In the Delaware basin, a similar rig count drop has taken place though it now comprises >57% of Permian rigs as E&P's work hard to counter high decline rates! ๐Ÿ›ข๐Ÿ’ฐ

Midland basin consolidation and scarce inventory is leading to continually dropped rigs and production plateau.

In the Delaware basin, a similar rig count drop has taken place though it now comprises >57% of Permian rigs as E&P's work hard to counter high decline rates! ๐Ÿ›ข๐Ÿ’ฐ
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All set to start in 30 mins, join us as we discuss Oil Macro Outlook, Prospera Energy Inc operations and Key Wells Update, technical review, and business plan! Zoom link available in our last NR for full slides and presentation. ๐Ÿ›ข๐Ÿ’ฐ x.com/i/spaces/1dRKZโ€ฆ

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Global jet fuel demand rising consistently with domestic seats increasing in all the world's biggest markets! Developed markets are still continuing to go up at a decent clip, while emerging markets are hitting S-curve with incredible growth rates and more to come. ๐Ÿ›ข๐Ÿ’ฐ

Global jet fuel demand rising consistently with domestic seats increasing in all the world's biggest markets!

Developed markets are still continuing to go up at a decent clip, while emerging markets are hitting S-curve with incredible growth rates and more to come. ๐Ÿ›ข๐Ÿ’ฐ
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Global crude and products inventories still drawing to start 2026, completely opposite of narrative! While ๐Ÿ‡บ๐Ÿ‡ฒ supply is stalled out and global supply is impacted by geopolitics, demand is growing at an incredible clip leading to this delta between expectations and reality! ๐Ÿ›ข๐Ÿ’ฐ

Global crude and products inventories still drawing to start 2026, completely opposite of narrative!

While ๐Ÿ‡บ๐Ÿ‡ฒ supply is stalled out and global supply is impacted by geopolitics, demand is growing at an incredible clip leading to this delta between expectations and reality!  ๐Ÿ›ข๐Ÿ’ฐ
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Global flights running exceptionally strong to begin 2026 with large increases in commercial travel along with higher cargo flights and military activity. With large amounts of new aircraft being constantly delivered, jet fuel demand is expected to rise for years to come! ๐Ÿ›ข๏ธ๐Ÿ’ฐ

Global flights running exceptionally strong to begin 2026 with large increases in commercial travel along with higher cargo flights and military activity.

With large amounts of new aircraft being constantly delivered, jet fuel demand is expected to rise for years to come! ๐Ÿ›ข๏ธ๐Ÿ’ฐ
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Drilling rigs in the Williston Basin have completely collapsed, now down 38% YoY as declining rock productivity and poor well results affect operations. Further M&A looks to be on deck with a steadily declining production profile across North Dakota for the next few years. ๐Ÿ›ข๐Ÿ’ฐ

Drilling rigs in the Williston Basin have completely collapsed, now down 38% YoY as declining rock productivity and poor well results affect operations.

Further M&A looks to be on deck with a steadily declining production profile across North Dakota for the next few years. ๐Ÿ›ข๐Ÿ’ฐ
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After a strong Q2/Q3 2025 push in ๐Ÿ‡บ๐Ÿ‡ธ crude oil production growth, latest numbers now show a drop of 200k+ bpd over the last 2 months! Lag time of rig/frac count drops + start-up of deepwater offshore projects had masked structural reality of current and upcoming declines. ๐Ÿ›ข๏ธ๐Ÿ’ฐ

After a strong Q2/Q3 2025 push in ๐Ÿ‡บ๐Ÿ‡ธ crude oil production growth, latest numbers now show a drop of 200k+ bpd over the last 2 months!

Lag time of rig/frac count drops + start-up of deepwater offshore projects had masked structural reality of current and upcoming declines. ๐Ÿ›ข๏ธ๐Ÿ’ฐ
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Global crude and products inventories have been flat for 5 months now as supply disruptions and declines meet roaring demand! With both American shale production and OPEC+ spare capacity dropping, this multi-year structural oil bull cycle continues to take shape. ๐Ÿ›ข๐Ÿ’ฐ

Global crude and products inventories have been flat for 5 months now as supply disruptions and declines meet roaring demand!

With both American shale production and OPEC+ spare capacity dropping, this multi-year structural oil bull cycle continues to take shape. ๐Ÿ›ข๐Ÿ’ฐ
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Massive growth in ๐Ÿ‡ฎ๐Ÿ‡ณ vehicle sales across all categories as S-curve growth has arrived with incredible volume increases in both urban areas and rural communities! Concurrently, SUV's are becoming much higher portion of market share = higher gasoline and diesel consumption. ๐Ÿ›ข๏ธ๐Ÿ’ฐ

Massive growth in ๐Ÿ‡ฎ๐Ÿ‡ณ vehicle sales across all categories as S-curve growth has arrived with incredible volume increases in both urban areas and rural communities!

Concurrently, SUV's are becoming much higher portion of market share = higher gasoline and diesel consumption. ๐Ÿ›ข๏ธ๐Ÿ’ฐ
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๐Ÿ‡บ๐Ÿ‡ฒ DUC (Drilled Uncompleted) wells at a 10-year low and โฌ‡๏ธ 54% from peak as these wells have been completed to counter massive declines of shale wells! With inventory degradation + depleted SPR + low DUC count, severely limited options remain for ramping up US production. ๐Ÿ›ข๐Ÿ’ฐ

๐Ÿ‡บ๐Ÿ‡ฒ DUC (Drilled Uncompleted) wells at a 10-year low and โฌ‡๏ธ 54% from peak as these wells have been completed to counter massive declines of shale wells!

With inventory degradation + depleted SPR + low DUC count, severely limited options remain for ramping up US production. ๐Ÿ›ข๐Ÿ’ฐ
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Iraqi crude production and exports were the first to reduce as their Basrah terminal with 3.3 MMbpd exports is built with only ~20MM barrels of total storage capacity. Major structural supply risk that was hiding in plain sight, with no relief valve and little optionality. ๐Ÿ›ข๐Ÿ’ฐ

Iraqi crude production and exports were the first to reduce as their Basrah terminal with 3.3 MMbpd exports is built with only ~20MM barrels of total storage capacity.

Major structural supply risk that was hiding in plain sight, with no relief valve and little optionality. ๐Ÿ›ข๐Ÿ’ฐ
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All set for our Prospera Energy Inc March ops update and conference call tomorrow beginning with a 20-30 minute Macro Outlook followed by comprehensive updates on our business! Join us and listen in tomorrow at 10 AM MT, Zoom link on website! ๐Ÿ›ข๐Ÿ’ฐ x.com/i/spaces/1dGYlโ€ฆ

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Global crude and products inventories dropped at a rate of 7 MMbpd last week with rapid drawdowns in crude and products at sea! WTI prices are already up 50% in the last month, with significant upside and volatility expected as these inventories further reduce. ๐Ÿ›ข๐Ÿ’ฐ

Global crude and products inventories dropped at a rate of 7 MMbpd last week with rapid drawdowns in crude and products at sea!

WTI prices are already up 50% in the last month, with significant upside and volatility expected as these inventories further reduce. ๐Ÿ›ข๐Ÿ’ฐ
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With American DUC well counts depleted + drilling rigs โฌ‡๏ธ 16% over last year, shale E&P's ability to grow production is hampered. Oil structural bull market requires Permian inventory degradation to the point it cannot grow even at higher oil pricing, which is where we are! ๐Ÿ›ข๐Ÿ’ฐ

With American DUC well counts depleted + drilling rigs โฌ‡๏ธ 16% over last year, shale E&P's ability to grow production is hampered.

Oil structural bull market requires Permian inventory degradation to the point it cannot grow even at higher oil pricing, which is where we are! ๐Ÿ›ข๐Ÿ’ฐ
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Fujairah, UAE product inventories approaching multi-year lows as every available barrel is being spoken for in record time! With millions of barrels stuck as tank bottoms or minimum operational inventory, we are about to find out the world's true crude + product inventory. ๐Ÿ›ข๐Ÿ’ฐ

Fujairah, UAE product inventories approaching multi-year lows as every available barrel is being spoken for in record time!

With millions of barrels stuck as tank bottoms or minimum operational inventory, we are about to find out the world's true crude + product inventory. ๐Ÿ›ข๐Ÿ’ฐ