Posts Tagged ‘natural gas’

Natural Gas Revolution Part IV - How Big Is This?

Natural Gas Revolution Part IV – How Big Is This?

By The Banker | Blog Posts

Our hosts drilled a total of 239 wells in South Texas, which at $7 million per drilled well would indicate a $1.7 Billion investment in drilling wells alone by this one company.  They also report a $440 million investment in a fracking team, plus major investments in building collection points for their product and pipelines [&hellip

Natural Gas Revolution Part III - The Drilling and Fracking Scene

Natural Gas Revolution Part III – The Drilling and Fracking Scene

By The Banker | Blog Posts

If you’re a boy, and you like big powerful tools, you might like the next part of our tour. Early on in our tour of the drilling pad, we entered the air-conditioned trailer where the head driller directs the drill bit.  For the uninitiated viewer (for example, me), the seat of power is not unlike [&hellip

Natural Gas Revolution Part I - Mad Max Bizarro World

Natural Gas Revolution Part I – Mad Max Bizarro World

By The Banker | Blog Posts

There’s a Mad Max quality to the back roads and blue highways of South Texas these days. I’d been hearing about this strange phenomenon almost since I arrived in Texas 3 years ago, but only recently did I get an invitation to see it for myself. I hopped in a car with a Texas State [&hellip