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Every Thing Else Board
We have lost our Minds over green
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<blockquote data-quote="Caustic Burno" data-source="post: 531916" data-attributes="member: 694"><p>Not really Ken as the average gas well is kaput in less than five years and the average oil well is producing 15 barrels or less in our area. This is a short term windfall, I am for the cheapest fuel. If they made a tractor with a nuclear reactor that was affordable I would be running it. Most of the wells here produce gas like crazy for a year or two and 10 to 12 barrels of oil a day. Neighbor up the road thought he was on the road to being rich well on his place was paying 20,000 a month and he was buying everything under the sun. In less than a year his royalty checks have went to a few hundred dollars. You have to remember the companies recover all there cost first before the first royalty is paid. Neighbor is getting to be on a first name basis with the repo man.</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 531916, member: 694"] Not really Ken as the average gas well is kaput in less than five years and the average oil well is producing 15 barrels or less in our area. This is a short term windfall, I am for the cheapest fuel. If they made a tractor with a nuclear reactor that was affordable I would be running it. Most of the wells here produce gas like crazy for a year or two and 10 to 12 barrels of oil a day. Neighbor up the road thought he was on the road to being rich well on his place was paying 20,000 a month and he was buying everything under the sun. In less than a year his royalty checks have went to a few hundred dollars. You have to remember the companies recover all there cost first before the first royalty is paid. Neighbor is getting to be on a first name basis with the repo man. [/QUOTE]
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We have lost our Minds over green
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