Big Muddy rancher said:
hypocritexposer said:
I once outlined the official numbers and even provided a link to the rig counts, but OT will only believe what he hears at the local watering hole.
Baker Hughes Rig Counts
MONTANA 8
N DAKOTA 189
http://investor.shareholder.com/bhi/rig_counts/rc_index.cfm
But BMR, looks like the "radio show" was only correct about the low number of rigs in Montana and incorrect on the high number in ND. :lol:
That's more like it. They probably said 188 and 8 as I thought i heard 138 which was much lower then I had heard on previous shows.
Wonder where OT's link to the "actual" number of rigs drilling in Montana is?
Big Muddy- I'm not going to look up any link for you or the nutcases that doubt everything (even their parenthood) - and who think they know better than I do living here --I know what is there and what isn't......Get your rear off the couch and drive down HWY 2 and come count them!!
My invite is open to you the same as them folks!!
I don't think many of the ones they are drilling now are considered new sites- as the one on the Cornwell Ranch was first drilled in 1952- and then closed up...The one on Winderls was first drilled years ago too....The ones on ours were last drilled in 1956.....They still have the old core samples (which now show its oil plentiful with the new technology) and are going back in to develop them...
Many of the jobs in the Plentywood area and the oil patch that was developed in the 80's-- is on "workover rigs" lining them up for the new technologies of angle drilling and fracking... I don't know for sure- but I doubt a new permit is needed on all those thousands drilled years ago- that they are now developing...
Comical thing is that while some of the bitchers and moaners on here are complaining about the state not issuing more drilling permits (aren't enough rigs and workers to handle what they have now)-- many of the locals are bitching and moaning about the state leasing out mineral rights on too much state property at too low a rate- which might take away from the mineral lease values of those with deeded property.... :???: :roll: :wink: But like the Hops and Hyps- some will bitch about anything..... :wink: :lol:
As I was talking to one of the fellows with an old well on his- that is now been redrilled and in the process of being sidedrilled and fracked-- he could care less what they lease those state rights out for- as long as they come in and keep drilling and bringing in the royalties...
And what did the oil exec say in the video-- 99.5 they drill is a HIT !!!