Started By
Message

re: Mississippi, Louisiana border verging on an oil boom

Posted on 4/22/14 at 8:16 am to
Posted by ragincajun03
Member since Nov 2007
21456 posts
Posted on 4/22/14 at 8:16 am to
They will likely need tens of thousands of barrels of water per well between drilling and completions (including fracking). If you own a water well and/or station within reasonable distance, there's money to be made.

Depending on costs and how much pressure they can get from a well source, they will either truck the water in or lay water lines up to the frack tank.

Out in New Mexico, middle of Permian Basin, that's how people are making money. The State and BLM own about 70-80 percent of the minerals and the surface out in the two hot counties. However, if you own water rights and a couple good water wells, you can make a killing that way.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram