It was $100K to drill AND complete the well. I am one of the investors in this well and others we drilled in the area. The forth well we drilled after this one came in at about 50 barrels a day!
Even at $50 a barrel this well would be paid off in less than 2 years and the rest is pure profit. We all know the price of oil is just teasing us at the moment anyway and will go back up.
Hey MJB, your fiance? Get a ring on her before she dumps you!
my fiance,has oil in her back yourd and she called One of the major oil company's and they came and bought out her land for millions of dollars ,Yes it was in the millions..... so why try and do this your self? Just by getting a mire 3 barrels a day? and getting chump change?
They are going to drill 4 more wells.Eventually the profit will add up to be more than what a major oil company would pay for the land.How do you think the big oil companies started out?They all started small like this and worked their way to the top!
there is oil everywhere. I wonder if some big oil company aka the cia has shut this guy down yet or killed him
themeaningoflife38 1 month ago
fuck that id keep it. and FUCK OBAMA AND HIS BITCH GOVERNMENT. THEY DONT EVEN BUT IN
kuhndog52 6 months ago
I'm his neighbor and I'm going to drill 6 wells tomorrow...
SPACECADET2U 7 months ago
I drink your milkshake!
ajatkinson2004 1 year ago
What is oil at 60 a barrel hmm... 3 barrels a day not bad 65k a year and, guess that will help pay your house off in a few years
DaShadowInc 1 year ago
Peak Oil is a scam. Way to go. This man will be well off.
Topazman12 1 year ago
100,000 to drill a well he said!!! its more then that!!!
Hadsatriani 2 years ago
I guess his well only took two days to drill.
DrMotorDude 2 years ago
It was $100K to drill AND complete the well. I am one of the investors in this well and others we drilled in the area. The forth well we drilled after this one came in at about 50 barrels a day!
tyoung317 2 years ago
in this scale $ 100 k will do it
Davidhelms7 2 years ago
Too bad I don't own the MINERAL RIGHTS below me, I only own as far down as the top of the oil is. I live in Brea, CA where shell oil is king.
RainJetSprinklers 3 years ago
Even at $50 a barrel this well would be paid off in less than 2 years and the rest is pure profit. We all know the price of oil is just teasing us at the moment anyway and will go back up.
Hey MJB, your fiance? Get a ring on her before she dumps you!
indiananate7 3 years ago
The thing is u have no idea on telling how much oil is there unless your bp his well could have 4000 barrels but it could also have 500,000 barrels
steamingpoopfart 1 year ago
my fiance,has oil in her back yourd and she called One of the major oil company's and they came and bought out her land for millions of dollars ,Yes it was in the millions..... so why try and do this your self? Just by getting a mire 3 barrels a day? and getting chump change?
mjb519 3 years ago
They are going to drill 4 more wells.Eventually the profit will add up to be more than what a major oil company would pay for the land.How do you think the big oil companies started out?They all started small like this and worked their way to the top!
Trey3212 3 years ago
how did she figure it out that there is oil there ?
Davidhelms7 2 years ago
that don't sound like a bad idea
megatron422 3 years ago