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$133 a barrel? Drill in your backyard!
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Interesting, but don't most modern property deeds exclude subsurface drilling rights?
Not to mention, I bet he's in violation of about a hundred building and fire codes. . . Not to mention OSHA regulations. |
I wonder how he controlls the H2S, the VOCs, and the environmentasl impact report?
In California he'd be put in prison for life for something like that. |
Indiana? I'm guessing family farm property...all rights owned for generations...
I just thought it was way cool...pumping a few barrels per day out of your own land. (edit) Loved the John Deer colors... |
My neighbors have been wondering why I keep bringing wheelbarrows of dirt out my garage doors.
Please don't tell them I'm digging for oil in my basement. |
A friend of mine has a natural gas well on his farm. Free heat & he's looking for a natural gas conversion for his car.
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Business is booming for my father-in-law in central KS (lumberyard & contractor), the higher oil goes, the more people want to remodel, build, and add on. Out there most people own acreage, some farmed, some not. It's common to have multiple wells on your property. Even only getting a fraction of the proceeds, which is common due to the high cost of drilling and servicing wells, many people are getting 5 and 6 figure monthly checks. Even low output wells that were previously capped have been re-opened, and new technology is helping to boost production in previously low-yield wells. It's very common, repeated across the midwest.
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Should have married that UT Petroleum Engineering student back in the day - we'd be in "High Cotton"! She was cute too.
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They are drilling along the PA & NY border - not far from The Glenn.
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