'%20x='0'%20y='0'%20height='100%25'%20width='100%25'%20%0A%20%20%20%20%20%20%20%20%20%20xlink%3Ahref='data:image/jpg;base64,/9j/2wBDAAYEBQYFBAYGBQYHBwYIChAKCgkJChQODwwQFxQYGBcUFhYaHSUfGhsjHBYWICwgIyYnKSopGR8tMC0oMCUoKSj/2wBDAQcHBwoIChMKChMoGhYaKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCj/wAARCAAGAAoDASIAAhEBAxEB/8QAFgABAQEAAAAAAAAAAAAAAAAAAAUG/8QAIRAAAgEDBQADAAAAAAAAAAAAAQMCAAQRBQYSEyEiMWH/xAAVAQEBAAAAAAAAAAAAAAAAAAAEBf/EABkRAQEBAAMAAAAAAAAAAAAAAAECAAMSIf/aAAwDAQACEQMRAD8Aymk7fnudKbZLxbhr5pnNo7Dw6zKRAGBy8GP301OuUrRcNSLTT2BczATZbkylg4yfl90pQCqPB1zpLzUIO//Z'%3E%3C/image%3E%3C/svg%3E)
Landman Season 2 Episode 6 is titled Dark Night of the Soul. It dropped on Paramount+ on December 21, 2025.
The Episode was a heavyhitter with major shakeups. Tommy Norris is walking a tightrope, forced to negotiate with cartel boss Gallino, who is still hiding behind the “Dan Morrell” mask. M-Tex Oil’s fate is hanging by a thread, and this risky financial move could flip the script for everyone involved.
The tension is at its peak. Tommy is juggling a mega-risky offshore drilling deal while pressure is coming at him from every angle. After everything that went down in Episode 5, where Cami Miller went ahead and took Gallino’s offer, ignoring Tommy’s warnings, Landman Season 2 Episode 6 forces these characters to hammer out the specific terms. Either M-Tex gets a lifeline, or they are signing a deal with the devil.
Understanding the 60-40 deal in Landman Season 2 Episode 6
The negotiation is held during the Permian Basin International Oil Show. Tommy takes his estranged father, T.L., with him for the Fort Worth trip, which makes the family drama more complicated in a business situation like this.
In Landman Season 2 Episode 6, Gallino gave a “60-40 with a 20% promote” offer. M-Tex Oil gets 60% of whatever cash rolls in from offshore drilling, and Gallino’s Sonrisa investment firm receives 40%.
But the critical thing is the “promote” part of this deal. Gallino’s 40% will go to pay off the loan they handed over. M-Tex will have to wait until the debt is cleared. That means Gallino gets their money back way before M-Tex enjoys the profits.
The moment the loan is completely paid back, the profit division continues at 60-40. The additional ‘promote’ benefit ceases. M-Tex has a slightly better deal in the future.
Costs are handled in the same manner: M-Tex incurs 60% of the expenses, and Gallino shares 40% of the expenses.
Since Gallino is contributing to the costs, he has a vested interest in the outcome. This implies that M-Tex will not be able to carry out the project without taking into consideration the financial resources of Gallino as well.
To put it concisely, the agreement of Gallino guarantees that he will be repaid first, retains his involvement in the decisions, and continues to receive a share of the business for the long term.
You can see why Cami is ready to sign this deal in Landman Season 2 Episode 6. First of all, M-Tex is in a difficult position after the offshore rig mess. The insurance company’s lawyers are essentially holding a gun to their heads: either get a new rig up and running in 45 days, or they will press criminal charges, including embezzlement and fraud. To make things worse, M-Tex’s money is completely frozen. That means they have no options for traditional financing.
Meanwhile, M-Tex got an insurance payout of $400 million, but the money is not straightforward to use. Monty Miller parked it in a convoluted offshore labyrinth, splitting it up into a bunch of sketchy investments. So it’s there on paper, but actually getting to it is risky. M-Tex would incur hefty penalties if it attempted to withdraw the funds rapidly.
Accountant Alan Thomas lays it all out in Landman Season 2 Episode 5: you would have to pay a fortune in penalties and jump through legal hoops just to touch a cent. So even though the money still exists, using it would take a long time, cost a lot, and could seriously hurt M-Tex when it needs cash right now.
That’s why Alan suggests declaring bankruptcy and starting over. But Cami isn’t having any of that. To her, that’s waving a white flag and tossing everything Monty built into the trash. She is trying to keep her husband’s legacy alive and is willing to take a deal that Tommy thinks is dangerously compromising.
What stings for Tommy isn’t the deal itself. It’s how the power game gets flipped in M-tex. Cami shuts down the negotiation and lets Gallino have his way, letting him know who is the final decision maker. Tommy is supposed to be president, but Cami effectively sidelines his judgment.
Meanwhile, Gallino is not a small-time crook. He runs a cartel while hiding in the shadows and has embedded himself in the West Texas elite. His public persona is Dan Morrell, founder of Sonrisa. On the surface, it’s just a financial place lending money to oil companies, but it’s just a perfect front for washing cartel cash. Tommy knows Gallino has cops on his payroll, and that does not just make him dangerous. It means he can walk into any room and already owns half the people in it.
Trending
Gallino has been playing a long game throughout Landman Season 2. He invested in Cooper Norris’s drilling business earlier, tying both Norris men to his empire. In Season 1, Gallino lets Tommy live, but with a leash. Since then, he has been tightening his grip.
Now, with a 60-40 deal in Landman Season 2 Episode 6, Gallino has got a legit seat at the M-Tex table.
Reply
