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WTI crude oil to hit $70 in 2018?? above?
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<blockquote data-quote="Wildyote" data-source="post: 202450" data-attributes="member: 2259"><p>McLean doesn't have that many wells compared to McKenzie, Williams, Mountrail, and Dunn. It is right on the edge of the field. I don't think we will ever see and massive amounts of rigs again which is good. The communities couldn't handle 200+ rigs and it sucks living or recreating around that circus. When boom started it took 4-6 weeks to complete drilling now it takes 10-14 days. There is no more tying up spacing and multi-well pads are the norm which up to 12 wells get completed on a pad. The state needs stability in the oil industry not boom and bust. Some say the state overspent and I don't think they collected enough tax for what they had to spend in infrastructure which includes roads, schools, utilities, law enforcement, regulatory staff, county staff, and ect. Oh and we had to build a new jail in every county seat from highway 83 west plus spend $50,000 per inmate a year for every thug that came from out of state to make a quick buck.</p></blockquote><p></p>
[QUOTE="Wildyote, post: 202450, member: 2259"] McLean doesn't have that many wells compared to McKenzie, Williams, Mountrail, and Dunn. It is right on the edge of the field. I don't think we will ever see and massive amounts of rigs again which is good. The communities couldn't handle 200+ rigs and it sucks living or recreating around that circus. When boom started it took 4-6 weeks to complete drilling now it takes 10-14 days. There is no more tying up spacing and multi-well pads are the norm which up to 12 wells get completed on a pad. The state needs stability in the oil industry not boom and bust. Some say the state overspent and I don't think they collected enough tax for what they had to spend in infrastructure which includes roads, schools, utilities, law enforcement, regulatory staff, county staff, and ect. Oh and we had to build a new jail in every county seat from highway 83 west plus spend $50,000 per inmate a year for every thug that came from out of state to make a quick buck. [/QUOTE]
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