Well if you read carefully you will see I did not say "batteries" anywhere because they are not the long term solution. There are other technologies in work as well. Just a note here you will see US coal production going down at a steady rate in fact from 2008 to 2016 down almost 38%. Natural gas will ultimately drive it into the ground because even in places where there is no natural gas infrastructure the reduced demand for coal where there is make mining costs more expensive paving the way for natural gas infrastructure to be built.
I would not get "run off" because I am on my own ranch. Now we are still drilling albeit slower drilled 10 vs the planned 30 and 10 fraqs so far this year with 2 mile laterals baby. Going to fraq 3 more next month we also sell a lot of water to the industry can pump 100k bbls a day. We are in the heart of the Wolfcamp . Sorry but the area you are in has some low grade stuff that is high cost to produce and refine. That will never come back I am afraid. We have 20 new wells planned next year. Pads and roads going in during Late November.
Making hay while the sun shines as they say.. 15 years ago almost no activity where we are on the border with Texas north of Pecos south of Carlsbad.
Last 3 well fraq from this September. Went up in the cherry picker to take these. Lot of oil burners churning out more hp than most can imagine.
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lol ya? Ipassed a train yesterday that was over a mile long and every car was coal. That’s a couple a week that pass through our town which isn’t small.That’s a Burlington northern line as well. oil trains come through too. Point is coal will probably neverbe “driven into the ground” atleast not in our life time.
Also regardless of who’s oil is better or cleaner McKenzie county North Dakota is the top producing oil and gas county in our country atleast as of the beginning of this year and all the years prior to that for quite awhile. And then Texas is old wells and have produced the most over time.
If you had read closer I said nothing about your ranch bub. I said you come to North Dakota with an electric car and your getting ran off site with out a doubt. I have watched too many friends and their coworkers have their last meals together after stacking their rigs. They cry and hug and we all drink. It’s really sad and I speak for those guys on this lol there’s no way you would have a job after a week. Maybe they’re just rougher necked.
maybe its the -50 degree winters.
And I think you mean FRAC.