Limestone Locations Are For Weenies

November 23, 2018


A repeat post from a year ago and a reminder that there IS a whole other oilfield in America still kicking, in spite of overleveraged LTO oversupply, OPEC and a president who has no earthly idea what the domestic oil industry in the United States, all of it, really needs. 

 

PS: This rain came out of nowhere. We made the best of it and finished the job. If you think this is rinky dinky stuff wrap your arms around the fact that this little well required no borrowed money to drill and complete, all of its service providers were paid in less than  30 days...the well paid out in full in 18 months and is on its way to having a far better return on total investment than ANY shale oil well drilled in America, anywhere. Ten times better, actually.

 

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