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Oils well that ends well!
Oil is making millionaires in North Dakota By JAMES MacPHERSON, Associated Press Writer
Mon Jun 30, 5:00 AM ET BEULAH, N.D. - Oscar Stohler was raised in a sod house in western North Dakota and ranched there for nearly seven decades. He never gave much thought to what lay below the grass that fattened his cattle. When oilmen wanted to drill there last year, Stohler, 83, doubted oil would be found two miles underground on his property. He even joked about it. "I told them if they hit oil, I was going to buy a Cadillac convertible and put those big horns on the front and wear a 10-gallon hat," Stohler recalled. He still drives his old pickup and wears a mesh farm cap — but it's by choice. In less than a year, Stohler and his wife, Lorene, 82, have become millionaires from the production of one well on their land near Dunn Center, a mile or so from the sod home where Oscar grew up. A second well has begun producing on their property and another is being drilled — all aimed at the Bakken shale formation, a rich deposit that the U.S. Geological Survey calls the largest continuous oil accumulation it has ever assessed. |
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Cool story Hansel.
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Will www.texasstreetcars.com site owner ![]() ![]() Liberals are like seagulls: all they do is squawk and eat crap, and they are protected by the government. |
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"Why NOT?"
DUH.....................COST! First you have to find the oil, then you have to build the platforms in the middle of the ocean(and make them safe, ie: hurricanes). How many years do you think it will take?? We already have areas in the gulf that are open to exploration and we arent even looking............ But we had better do it quick, cause those commies from China are going to steal it all............................. ![]() |
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The greenies won't let us drill there either. Might disturb the spike nosed fart beatles!
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87 GN, K\N, Hooker (no cat), Walbro 340, afpr, power plate, 60lb injectors, PT67 P trim, Precision stock mount IC, 3500 stall 10 inch West Coast converter, LS1 maf with translator, Turbotweak 100 oct. chip, THDP. |
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"Where's the cost analysis for the oil we have "in our backyard" vs. the costs to get oil from ocean areas?"
Duh..............We already know where the oil is in our backyard!!! In less than a year, Stohler and his wife, Lorene, 82, have become millionaires from the production of one well on their land near Dunn Center, a mile or so from the sod home where Oscar grew up. A second well has begun producing on their property and another is being drilled — all aimed at the Bakken shale formation, a rich deposit that the U.S. Geological Survey calls the largest continuous oil accumulation it has ever assessed. |
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Here is a few links for info on the Bakken. Don't worry wee wee all the shales in this country will be drilled whether the dems like it or not. Sooner or later it will happen.
The Oil Drum | The Bakken Formation: How Much Will It Help? Bakken Formation Oil - North Dakota and Montana - USGS Bakken Shale
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