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Lonesome Dove Energy LLC Lonesome Dove Energy, LLC. Since 2013, producing Texas oil from Texas soil. Offering Tax-advantaged participation in oil and gas wells.

Drill for oil, reduce taxes, generate monthly income.

What can a 200-barrel-a-day oil well actually generate?Below is a real example from one of our producing wells here in T...
10/23/2026

What can a 200-barrel-a-day oil well actually generate?

Below is a real example from one of our producing wells here in Texas.

In June 2026, this well produced 7,862 barrels of oil. At an average selling price of $87.23 per barrel, that generated $685,821 in gross oil revenue for the month.

The well also produces a small amount of natural gas, which generated another $8,673.

That's nearly $695,000 in combined oil and gas sales in just 30 days, before production taxes and operating expenses.

Divide those 7,862 barrels over 30 days, and you're looking at an average of approximately 262 barrels of oil per day.

Now, here's where it gets interesting.

Our relatively small ownership interest, representing approximately 6.67% of the net revenue, generated $44,171 for the month, after production taxes and before other applicable expenses.

And this isn't a brand-new well. This particular producing zone was completed in April 2024 and continues to deliver substantial production more than two years later.

A SMALL PIECE OF A BIG RESULT.

You don't have to own the entire well to participate in meaningful oil and gas revenue.

When you're participating in the revenue generated by those barrels coming out of the ground, rather than simply paying for them at the gas station...

You, my friend, are on THE OTHER SIDE OF THE PUMP.

10/21/2026

OIL PRICES IN THE $90s? MAYBE WE SHOULD BE ASKING WHAT A BARREL REALLY COSTS.

I've been talking for weeks about oil prices, the headlines, and what appears to be a growing disconnect between Wall Street and the physical oil market.

I've even suggested that $120 WTI isn't out of the question.

Well, here's an interesting development this morning.

Goldman Sachs reports that the average cost to ship a barrel of crude oil has jumped from approximately $3 last year to more than $20 today.

On some Middle Eastern routes, it's now above $35 per barrel.

That's just transportation!

The oil has already been discovered, drilled, and produced. Now somebody has to get it to a refinery.

Between the conflict with Iran, tanker disruptions, insurance costs, and shipping delays, moving oil around the world has become considerably more expensive.

And here's what I find interesting.

Goldman is still forecasting $90 Brent by year-end, but acknowledges these elevated transportation costs could keep upward pressure on prices.

Meanwhile, we're hearing about recovering exports, diplomatic negotiations, and the possibility of conditions returning to normal.

I certainly hope they do.

But just because barrels are moving again doesn't mean the supply chain is operating normally.

A headline can move the price of oil in five minutes. It can take months to repair the physical problems behind that headline.

I've said before that oil in the $90s may actually be trading at a discount considering everything happening around the world.

Does that mean we'll see $120 WTI? I don't know.

But I certainly wouldn't rule it out.

There's an old saying, It's always darkest before dawn.

Maybe there's some daylight ahead. Let's hope so.

But here's where my perspective is a little different.

I'm on the other side of the pump.

We participate in drilling and producing actual oil and natural gas wells. Through our joint ventures, our partners have ownership interests in the production itself.

We're not trading futures contracts or trying to predict tomorrow's closing price.

We're investing in the development of physical barrels and natural gas production.

And that's why I pay such close attention to what's happening beyond the headlines.

Because regardless of what Wall Street thinks oil should be worth tomorrow, the world still needs physical barrels today.

That's the other side of the pump. And that's why we do what we do.

POLICYMAKERS, HEADLINES & PHYSICAL BARRELS. THE DISCONNECT CONTINUES.Another week, another round of oil market headlines...
10/14/2026

POLICYMAKERS, HEADLINES & PHYSICAL BARRELS. THE DISCONNECT CONTINUES.

Another week, another round of oil market headlines that seem to contradict one another.

OPEC says global oil demand is expected to rebound sharply in 2027.

The International Energy Agency is projecting weaker demand in 2026.

Saudi Arabia and other OPEC producers are increasing production.

Meanwhile, attacks against Saudi energy infrastructure continue, Iran is issuing further military warnings, and shipping through one of the world's most important energy corridors remains under pressure.

And here we are, heading into November, with WTI around $95 a barrel and Brent above $106.

So, what's really going on?

With the midterm elections less than three weeks away, there's naturally a lot of attention on energy prices.

Policymakers want to demonstrate they're doing something to bring prices down. We hear about increased production, emergency petroleum reserve releases, temporary policy changes, and the possibility of additional barrels returning to the market.

But there's something I've been pointing out for weeks.

You don't step in to replace barrels if there aren't barrels missing from the market, or a serious risk of losing them.

Think about that for a moment.

When governments release emergency petroleum reserves, they're not creating new oil. They're taking barrels already in storage and putting them into the market.

That may provide temporary relief, but those inventories have now been reduced and may eventually need to be replaced.

And those replacement barrels have to come from somewhere.

Meanwhile, we're seeing headlines suggesting global oil demand is weakening.

Well, of course some demand is weakening!

When fuel becomes more expensive, businesses cut back, transportation costs rise, and consumers change their spending habits.

That's called demand destruction.

But there's an enormous difference between demand declining because the economy no longer needs the energy and demand declining because the energy has become too expensive or difficult to obtain.

One can suggest a healthier supply-and-demand balance. The other can be a symptom of a serious supply problem.

And then there's diesel.

Even if Saudi Arabia pumps another million barrels of crude tomorrow, that doesn't mean another million barrels of diesel suddenly become available.

Crude has to be transported to a refinery. The refinery has to be capable of processing it. And the finished fuel still has to reach the consumer.

Farmers, truckers, construction companies, manufacturers, and ultimately every American household depend on that system working.

This is why I keep coming back to the same point.

Policymakers can influence prices. Headlines can influence sentiment. Neither can produce a barrel of oil.

Regardless of who's in office, the physical realities of the energy business don't change.

You cannot replace missing barrels with headlines.

You cannot rebuild depleted inventories with promises.

And you cannot solve a refining bottleneck simply by pumping more crude.

Eventually, the physical market has to balance.

So here's the question.

Are we watching global energy supplies genuinely recover, or are we watching the world learn to get by with less because energy has become more expensive and difficult to deliver?

Those are two very different situations.

You can manage the narrative, but you still have to deliver the barrels.

And that's the disconnect on the Other Side of the Pump.

Headlines Don't Produce Barrels!Well, what a week in the oil business!One headline sends oil (WTI) down $3, the next sen...
10/09/2026

Headlines Don't Produce Barrels!

Well, what a week in the oil business!

One headline sends oil (WTI) down $3, the next sends it up $5. Apparently, the global oil supply situation can improve or deteriorate overnight, depending on which headline you happen to read.

Meanwhile, the physical barrels tell a different story.

According to the EIA's October 6 outlook, an estimated 4.8 million barrels per day of Middle Eastern oil production were shut in during September, while global inventories declined approximately 1.9 million barrels per day during the third quarter.

We've had attacks on tankers, disruptions to shipping routes, threats to refineries and infrastructure, and now Mother Nature has decided to join the party. Hurricane Isaias has temporarily shut in approximately 1.28 million barrels per day of U.S. Gulf offshore production.

As John McClane famously said in Die Hard, “Welcome to the party, pal!”

Granted, some of these barrels will return. Wells will resume production, shipping routes will reopen, and storm-related shutdowns will eventually be lifted. But those barrels don't magically reappear because somebody announces that the supply outlook is improving.

And here's what continues to amaze me.

With everything that's transpired, I'm genuinely surprised crude isn't trading closer to $120 a barrel. I'm not suggesting it has to be, but given the ongoing disruptions and inventory withdrawals, I certainly wouldn't dismiss the possibility.

Of course, everybody has an opinion about the price at the pump. Oil companies are making too much money, executives are collecting enormous bonuses, and somebody must be taking advantage of the consumer.

But here's the part that rarely makes the conversation.

Before a gallon of gasoline or diesel reaches your vehicle, somebody has to find the oil, finance the drilling, produce it, transport it, refine it, and deliver it. Every step involves capital, infrastructure, people, risk, and operating costs.

That's what I call the Other Side of the Pump.

And for those who believe the only people benefiting from oil production are the big companies and their executives, you might be surprised to learn that private individuals can participate directly in domestic oil and gas production, sharing in both the risks and the potential income.

It's a very different perspective when you're participating on the production side rather than simply paying at the pump.

The market keeps pricing the possibility of barrels returning. Meanwhile, more barrels keep disappearing.

And remember:

Headlines can change the price of oil overnight. They can't produce another barrel overnight.

10/07/2026

Timing, coincidence, or strategy?

With the Strait of Hormuz situation continuing and the U.S. midterms fast approaching, I believe the timing is worth paying attention to.

Yes, that probably sounds political. It's difficult to avoid politics right now between all the campaign ads telling us why one side or the other is supposedly going to ruin the country.

Business is still business.

Oil still has to move. Diesel still has to be refined and delivered. Tankers still have to transit critical waterways. And the problems developing behind the scenes in global energy markets aren't going to disappear the morning after an election.

Iran absolutely understands this.

Iran does not have to defeat the United States militarily. It may simply have to endure, disrupt and continue raising the cost of the conflict.

One of its most powerful weapons is energy.

Keep the Strait of Hormuz unstable. Keep pressure on Gulf production and exports. Keep multiple fronts active through allied groups. Keep tankers, insurers and global markets nervous.

Eventually, a war thousands of miles away shows up at the diesel pump, in transportation costs and ultimately in the price of everyday goods.

Which is exactly what we're seeing.

Some folks call that inflation.

And economic pressure at home brings us right back to November.

I have no way of knowing whether Tehran has specifically decided to prolong this conflict through the U.S. midterms. But I think it would be a mistake to underestimate Iran's leadership or assume they don't understand the significance of timing.

Regardless of whether Americans are excited or disappointed by the election results, business must and will go on.

And so must the physical energy market.

An election isn't going to replenish inventories.

It isn't going to repair damaged infrastructure.

It isn't going to normalize shipping through the Strait of Hormuz.

It doesn't immediately lower tanker or insurance costs.

And it doesn't replace barrels that never reached the market.

Those problems could linger long after the campaign signs come down.

Iran has demonstrated strategic patience before. Completely different circumstances, but the 1979 hostage crisis lasted 444 days. The circumstances today are obviously different, but the lesson is still worth remembering:

Iran understands the value of time and pressure.

I also wouldn't assume domestic dissatisfaction ends this quickly. Public frustration and regime collapse are two very different things when a government retains control of its military, security apparatus and mechanisms of repression.

For Iran's leadership, regime survival may ultimately matter more than battlefield victory.

And even if the shooting stopped tomorrow, energy markets would not instantly return to normal.

Infrastructure has been damaged. Inventories have been drawn down. Shipping patterns have changed. Transportation and insurance costs have increased.

These are the problems taking place behind the scenes that the average consumer may never follow closely.

But eventually they feel them.

At the pump.

In freight costs.

At the grocery store.

Throughout the economy.

The lasting lesson may be a very simple one:

Energy security is national security.

Iran may not be betting that it can defeat the United States militarily.

It may simply be betting that everyone else gets tired of paying for the war first.

And judging by some of the conversations already taking place in this country, some Americans may already be getting there.

The Disconnect! This may be the best example I've seen yet of the disconnect between oil price headlines and the physica...
10/06/2026

The Disconnect!
This may be the best example I've seen yet of the disconnect between oil price headlines and the physical market.
The G7 releases 100 million barrels of emergency oil stocks.
WTI falls toward $90. Pump prices ease.
Headline: BEARISH.
Problem solved?
Keep reading.....
The same report says the release is a band-aid, emergency cushions are already thin, and fuel flows from the Middle East remain constrained.
So lets dissect that.
Oil prices fell because 100 million barrels of stored emergency supply were deliberately introduced into the market while the underlying physical supply constraints remain.
Thats not new production!
Those aren't newly discovered barrels.
They're barrels that were already sitting in inventory for an emergency and once consumed, they are gone until replaced.
Theres the DISCONNECT....
We've spent months hearing about adequate supply while watching inventories tighten, diesel prices climb and now emergency reserves being released to relieve the pressure. Headlines move prices. Physical barrels tell the story. And right now, I continue to pay considerably more attention to the barrels.

10/05/2026

Oil crashes below $90.
That was one of the headlines this morning.
WTI traded down into the $89 range.
I’m not sure I’d call $89 oil a “crash.”
What I find more interesting is why oil moved lower: governments are releasing emergency crude and diesel reserves into the market in an effort to relieve pressure on fuel prices.
Think about that for a minute.
For months, we’ve heard plenty about “adequate supply.” Yet here we are tapping emergency reserves to put additional barrels and diesel into the market.
That tells you something.
And the ripple effect goes well beyond what we pay at the gas pump.
Oil becomes gasoline, diesel, jet fuel, lubricants, asphalt, plastics, chemicals and countless other products. Diesel moves trucks, trains, construction equipment and farm machinery.
When energy and transportation costs rise, those costs don't simply disappear. They work their way through the economy, into freight, agriculture, manufacturing and ultimately the everyday products we buy.
That's inflation.
I don't particularly enjoy paying more at the pump either.
But there is another side of the pump.
Instead of simply being a consumer of petroleum products, I also own direct working interest in oil and gas wells. That puts a portion of my capital on the producing side of the equation, where higher commodity prices can translate into higher production revenue.
No one knows exactly where oil prices go from here.
But $89 oil isn't exactly cheap and tapping emergency reserves to push prices lower certainly doesn't look like a world awash in excess barrels.

A few days ago, I gave my two cents on oil prices, gasoline prices and why the two don't necessarily move together the w...
10/01/2026

A few days ago, I gave my two cents on oil prices, gasoline prices and why the two don't necessarily move together the way many people assume.

Interestingly, since then analysts have raised their 2026 forecasts for both Brent and WTI as expectations for a quick normalization through the Strait of Hormuz continue to fade.

So here's another two cents.

Most people experience the oil business from one side of the pump.

They pull in, fill up and pay the price on the sign.

When that price goes up, somebody must be making money and inevitably, “Big Oil” gets the blame.

I've never looked at it quite that way.

Oil and gas companies don't simply decide what a barrel of crude is worth. They produce and sell a commodity into a global market. And like every other business in America, they're trying to generate a return on the capital they put at risk.

That's capitalism.

Every business sells something. Hopefully, they sell it for more than it costs them to produce it.

Sometimes margins are thin. Sometimes there is no profit at all. And sometimes market conditions create exceptional profitability.

Energy is no different.

But here's the part I find interesting.

You don't necessarily have to remain only on the buying side of the pump.

Qualified investors can participate directly in oil and gas development and potentially own a working interest in the wells themselves an interest in actual production rather than simply owning an energy stock or buying the finished product.

That's the other side of the pump.

Of course, drilling carries risk. Wells aren't guaranteed, production isn't guaranteed and neither are profits.

But there's a big difference between simply paying for energy and understanding that there are opportunities to participate in producing it.

Funny enough, that's exactly the business we're in.

09/28/2026

Here's my two cents. Take it or leave it.
If you take it, spend it wisely.
One thing social media has certainly given everyone is an opinion; myself included.
What I find interesting is how quickly an opinion can become accepted as fact simply because it sounds logical.
I see it all the time with oil and gasoline prices.
Oil drops from $100-plus a barrel back toward $90, yet gasoline is still over $4 a gallon.
“Oil companies have some explaining to do.”
At first glance, I understand why someone might reach that conclusion. But just because crude oil swings $10 or $13 a barrel doesn't mean you're necessarily going to see an immediate move at the pump or even much of a move at all.
Crude oil and gasoline aren't the same market. Between the price of a barrel and the price on the pump are refining, refinery capacity, product inventories, transportation, pipelines, terminals, blending requirements, taxes, distribution and time.
A futures market can react to a headline in minutes.
The physical market can't.
If the Strait of Hormuz fully reopened tomorrow morning, that would certainly be positive for supply. But it wouldn't magically replace the physical barrels already consumed, refill depleted inventories, rebuild the Strategic Petroleum Reserve or immediately undo months of disruption throughout the supply chain.
Those things take time.
Sometimes the simplest explanation sounds right until you look at everything happening underneath it.
I'm certainly not suggesting everyone needs to understand the oil business.
Just remember that a confident opinion and an informed opinion aren't always the same thing.
Anyway, that's my two cents.
Spend it wisely.

Oil gets the headlines. Diesel may be the bigger story.In 2008, crude oil reached nearly $147 a barrel while diesel peak...
09/25/2026

Oil gets the headlines. Diesel may be the bigger story.
In 2008, crude oil reached nearly $147 a barrel while diesel peaked under $5 a gallon.
Today, oil is around $95 and diesel is over $6.50.
How?
It’s not just the price of oil. It’s the diesel.
The U.S. diesel crack spread briefly topped a record $100 per barrel in August, while Asian margins have surged above $87. Those margins are great for refiners, but they also tell us something else: the world is extremely short on diesel.
And that matters far beyond the fuel pump.
Farmers are running tractors, combines and equipment. Trucks are moving food and merchandise across the country. Construction, mining, rail and countless other industries depend heavily on diesel.
That loaf of bread, gallon of milk, piece of lumber or package sitting on a store shelf had to get there somehow.
More than likely, diesel helped get it there.
So when diesel goes from $4 to $5 to more than $6 a gallon, the impact doesn't stop with the person filling up the truck. Those costs work their way through the entire economy.
I'm definitely keeping my eye on diesel right now even though I don't drill diesel wells.
We drill oil wells.
And when you're producing crude oil that ultimately feeds the refineries manufacturing the diesel the world is competing for, I believe you're positioned pretty well.
Oil may get the headlines.
But right now, keep your eye on diesel.

Address

220 Elm Street
Lewisville, TX
75057

Opening Hours

Monday 9am - 4:30pm
Tuesday 9am - 4:30pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 4:30pm

Telephone

+19726635733

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