The Landman Season 2 finale (“Tragedy and Flies,” released January 18, 2026) delivered a game-changing twist: After Cami Miller (Demi Moore) fires Tommy Norris (Billy Bob Thornton) from M-Tex for being too risk-averse, Tommy doesn’t back down—he launches his own independent oil company, CTT Oil Exploration and Cattle LLC.

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CTT stands for Cooper (Jacob Lofland), Tommy, and Thomas/T.L. (Sam Elliott)—a family affair. Tommy improvised the “Cattle” part on the spot to secure a unique name for the LLC while cartel boss Gallino (Andy Garcia) wrote the check.

The company starts strong: Tommy poaches top M-Tex talent (including Rebecca as COO/legal counsel, Nate as treasurer, and Dale for exploration), appoints Cooper as president (with Tommy as senior VP and T.L. overseeing drills), and secures funding to drill on Cooper’s proven leases from Season 1 (already hitting oil multiple times).

But the setup screams high stakes—and potential disaster:

• The Cartel Cash Problem: Tommy flips Gallino’s investment from M-Tex to CTT, reportedly $18 million (some reports say up to $44 million). Gallino warns Tommy the money isn’t free. In Taylor Sheridan’s world, cartel ties rarely end well—expect pressure for “favors,” money laundering risks, betrayals, or even violence. Past seasons showed Gallino’s ruthless side; this deal could invite federal probes, cartel demands, or deadly fallout.
• Stolen Leases and Rivalry Drama: CTT builds on Cooper’s original wells, but M-Tex originally funded and owns related assets. Tommy’s poaching of employees and shift of funding sets up direct competition with Cami’s M-Tex. Season 3 could feature corporate sabotage, legal battles over leases, or M-Tex’s offshore rig gamble backfiring—potentially forcing a merger or hostile takeover.
• Family Dynamics Under Pressure: Putting inexperienced Cooper in charge (as president) adds tension. Tommy steps back to let his son lead, but money, power, and cartel shadows could strain family bonds. Will Cooper handle the heat, or will mistakes cost them everything? The finale’s happy family celebration under the stars (with a symbolic coyote sighting) mixes defiance and uneasiness—hinting trouble ahead.

Success Odds? Optimists say CTT could thrive: Proven wells, loyal team, Tommy’s expertise, and independence from M-Tex’s bureaucracy. Billy Bob Thornton has teased in interviews that the move represents “defiance” and a fresh start for the Norrises.

Crash Risks? High. Cartel involvement often spells doom in Sheridan shows (think Yellowstone or Mayor of Kingstown). Theories from fans and reports point to federal investigations, offshore disasters bleeding over, or Gallino demanding control—potentially sinking CTT fast.

Season 3 (filming eyed for April-May 2026, possible November premiere) will likely dive deep into this gamble. Will Tommy’s bold move pay off big, or will the dirty money burn it all down?

What do you predict for CTT Oil—boom or bust? Share your theories below.