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Drill Here, Drill Now
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<blockquote data-quote="Coyboy" data-source="post: 211319" data-attributes="member: 3733"><p>Sorry but it may be wasted effort. Right now north western North Dakota looks like swisss cheese from all the holes the drill rigs have put in, started about 3 years ago and every year more rigs are set up. I have coyote hunted in 4 counties every year for the last 6 years and the amount of activity is remarkable. I've seen the same in Wyoming. A friend who sells drill equipment in ND says the white coats predict there is an 80 year supply for the entire country under ND.</p><p></p><p>Maning all the drill rigs is expensive, building new rigs and pumps is expensive, a newbie on a drill rig starts at $25 an hour. Independent welders are making upwards of $100 an hour on maintenance and rig erections. Support salesmen who service the rigs with drill bits and other fittings, make a killing.</p><p></p><p>All this expense is passed on to the consumer, You are the ones paying for all the drilling, equipment, testing and manpower. It isn't like drilling a water well, one well may take over two months just to drill. With a sortage of manpower, how are they ever going to drill more holes faster without increasing expenses which will be passed on at the pump.</p><p></p><p>The national news recently had a report that said last month consumer consumption of gasoline was down 5% for the month. Did gas prices drop? No they went up.</p><p></p><p>Drill all the wells you want, It's not a short term solution, and a marginal long term solution. The oil Co have increasing expenses, but mostly just enjoy taking joe public for a ride.</p></blockquote><p></p>
[QUOTE="Coyboy, post: 211319, member: 3733"] Sorry but it may be wasted effort. Right now north western North Dakota looks like swisss cheese from all the holes the drill rigs have put in, started about 3 years ago and every year more rigs are set up. I have coyote hunted in 4 counties every year for the last 6 years and the amount of activity is remarkable. I've seen the same in Wyoming. A friend who sells drill equipment in ND says the white coats predict there is an 80 year supply for the entire country under ND. Maning all the drill rigs is expensive, building new rigs and pumps is expensive, a newbie on a drill rig starts at $25 an hour. Independent welders are making upwards of $100 an hour on maintenance and rig erections. Support salesmen who service the rigs with drill bits and other fittings, make a killing. All this expense is passed on to the consumer, You are the ones paying for all the drilling, equipment, testing and manpower. It isn't like drilling a water well, one well may take over two months just to drill. With a sortage of manpower, how are they ever going to drill more holes faster without increasing expenses which will be passed on at the pump. The national news recently had a report that said last month consumer consumption of gasoline was down 5% for the month. Did gas prices drop? No they went up. Drill all the wells you want, It's not a short term solution, and a marginal long term solution. The oil Co have increasing expenses, but mostly just enjoy taking joe public for a ride. [/QUOTE]
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