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Welcome to Conventionally Uncouth with Reed Goodman. The show that gives the mic to the men and women who’ve been drilling, pumping, producing, and wildcatting for decades, long before shale. This show catalogs knowledge, shares stories, and reminds us: there was a life before shale. And there will be one after. Stories straight from the oilfield, real insights, lessons learned, and (probably) a healthy pour of whiskey.
0:00 I can't believe that it's finally me and you just us and your friends Steve.
0:11 Yeah. And, yeah. Where are we? Quirow, Texas. Yeah. Technically Myersville. Myersville. So they're in a ranch? Yeah. This pasture is called. 66. 66. 66 acres of. And just kind of
0:27 helping that grow. Okay. Let's say you're a couple of shorter 69 there. What's a. Always have been.
0:35 Shoot.
0:37 Well Danny, you were a land man for a long time 22 years. Yeah. We're covering. No. We're covering customer blaming. Yeah, still had the touch of the disease. Okay. Every time I see a palm
0:48 jacket, it will twitchy. Yeah. Yeah. Yeah. So where'd you. Tell us kind of where you started on that, how you landed
0:58 in that line of work. I guess your dad's a geologist, so. I grew up with all own gas family.
1:03 As you will now, that's a sickness. Once that enters the family bloodstream, somebody's gonna get it. Yeah.
1:10 starting out I went to college I thought I was gonna be a biology major and I was gonna do something either with livestock or I was gonna go to physical therapy school or something like that and then
1:20 I met a guy that owned his own operating company and it was just very and luring it was doing very well zone man his own quip and everything and so how did you get into this as I started out as a land
1:34 man
1:37 so I switched majors from biology to entrepreneurship graduated is that actually major yeah it's actually it was a Harvard program that the paper had picked up okay and the books were very expensive
1:50 they were sold by other entrepreneurs yeah I read good well not one I graduated borrowed two hundred and fifty dollars went to nape I was a needle with stack of needles a lot of people kept saying why
2:04 don't you better work for your dad your dad's in the industry he built a very good name for himself I didn't want to screw it up to be perfectly honest. So I just went and peddled myself, I thought,
2:17 okay. We told him I wanted to be a lame one, had no clue what I was doing, had no background in it. I'd just been around the own gas. Plenty of time I'm buried in Florida. Yeah, in the patch.
2:27 And this was like 2000? 2004. 2004, okay. So Nick was like kind of a thing, but it wasn't at the big show that it is now. It was big, it was where it was big to me Okay. That's, that's right
2:41 before, you know, barn ninering and that took off when I got where it's showing. But yeah, I didn't know anybody. And I went to the icebreaker, just inserted myself in the conversation. Kind of
2:54 begged and pleaded. I had these horrible business cards that came on a big sheet of paper that were perforated and you had to punch myself. Yelp. They were terrible. But yeah, less nape on, I
3:07 guess, the date ended, I went home. morning, I got a call. Can you be downtown and corpus by noon?
3:14 Sure. And that started doing, I started back with, I started doing curative. Okay. Instead of running title. I'll tell us what curative is. That's when they when you run into issues, okay,
3:26 with the title work, it's how you cure the title. So you're trying to, some doesn't add up to 100 you're trying to figure out where it went wrong. Or there's two wasn't included that kind of thing.
3:38 It
3:39 could be, you know, somebody died in a test state and nothing was ever done about it. Okay. So you have to have affidavits. So
3:47 that's able where to dot the eyes across the feet. Yeah. So I learned the problems first. Okay. Which I actually think was very beneficial. Yeah. And then I learned to run time of the year.
3:58 But did that independently until I've done all the work for the company that I read me originally, walked in one Monday. Ready to go. I said, we don't have anything for you. Mm, good. So I was
4:12 cutting the skeek trees and which read in pastures. There's very little money here in there. You thought I got another job. Gotcha.
4:19 Wow, interesting. Learning the hard part first. And it not really like a,
4:27 not really like a mentee, it's just kind of like a, here you go and figure this out. Here's a problem, trace it back kind of mentality. Yeah, and that, I mean, I still had to go speak to
4:38 property owners, kind of tractable down.
4:41 But I got to learn what the mistakes were. So when I was running Kyle and came across him and then he ran to fix it up. Gotcha, which that was nice. Yeah. And yeah, the next thing I had was a
4:51 2008 Grandma. I got baptized by fire on. Yeah. We're entitled by myself. No one told me how to do it. It got a little ugly.
5:03 Landmen in charge to work with the place you wouldn't really have to be with Yeah, thank you, imagine. That's being a rookie. So back then, tell me back then, what?
5:13 Now I've got friends that are like, you call them mineral bros, right? Like they buy and sell like all these really tiny interests. They're talking like a
5:28 16th of a net middle laker, you know, and they're trading all this stuff and he's just my new decimal places. But
5:31 my thought is like with the resource play, it's like a lot of that industry, that being able to trade on what, you know, like where a new resource player, a new shale play is extending to and
5:44 knowing like where those drilling ferments are going in that area. Like people are able to trade those minerals ahead of time. Back then, like when you were running much of this tile in the early
5:53 2000s, was it real split like that at the time? Are there a lot of these tiny overrides in these guys trading decimal places? They've been good in that forever. For long time? Yeah, I mean,
6:04 especially you got East Texas Okay. Yeah, it's been a fun. was out there. Yeah. And that family, they actually sold all that interest. And then he went and found a place in West Texas in the
6:14 middle of nowhere and said, this is going to be huge on that resell it. And he was right. Two generations later. Got shit. And then you just you run into,
6:24 you know, where people had six kids. And then each while kids was a daughter and they got married, changed her last thing. And somebody sold an interest. Somebody picked it up. It was
6:35 professional or they sold it because they couldn't afford something that would do and trade. Last time you'd see, like, especially way, way, like, doctors and returns, would take lamb, cow,
6:45 all kinds of things, right? That's payment. Interesting. Yeah, because I, I built those friends to be like, yeah, we closed on 11 that mineral like yours out of this 2000 acre year, whatever.
6:59 And I'm like, like really? Like, is that worth your time? Like taking all these really little pieces and trade them and everything. And so,
7:07 It's always kind of blowing my mind. That was my second job. Okay. The second company, which worked, were incredible people. I'm gonna talk family business secretary. We had fame, and that's
7:18 why it was really hard to learn what I did. Yeah. But yeah, we bought leases. We jumped, we tried to jump in front of the place, which that's always the ample.
7:31 We tried to get in front of the barn at one point, but all kind of the leases out near Eastlow, and then never went there And it's too far, it's too far. But then, you know, block leases back
7:42 out the Haynesville, block minerals in the Haynesville. That was our bread butter, this was Texas. And yeah, you do those little bitty tiny interests several hundred times. Yeah. That's our
7:44 start. It really does. And you'll come across some - there was one that
8:02 was2, 000 all spread out under production.
8:07 and it killed myself right in the title on it. But it really can't pay off, especially, you know, the small things will get bigger. Won't you? Like one of the first things we ever bought
8:20 was a, wasn't a small interest, but it was in a counting that had not added production lots. I will hear a telling. Mm-hmm. And a year later, I get called in and put the office and I drove away
8:32 and I see it It first checked, I was like, oh, that's awesome. I got that in there. Wow. Paying anything for it. Yeah. If you could read the tea leaves. Yeah. You could really get out in
8:46 front of some stuff. The same time, that's become a big and very popular game. There's more people doing it now than their head or husband. Yeah. Yeah, and I don't want the operator side. It's
8:56 like,
8:58 you know, you want it to be a hundred percent. And I don't know if this is naming that I say this, but like you wanted to be 100. But if you get it to like 996. you're like, I'm just going to
9:09 take this division or as is and get everybody's signing that I can. And then if this point four percent shows up, like that's the risk I take. This dude shows up in 10 years and said, Hey, I own
9:20 that point four percent. Like, I'll pay him as couple of grand that he's, you know, earned over the last couple of years. So I can imagine that's a, if you're earning all those little interests,
9:30 that's a full time job in and of itself, it's coming back and making sure that you're getting paid out every time an operator changes and they drill a new well in the unit or the operator changes to
9:43 any dozens a year. It is, it's sad because it just tells me how powerful the industry is or can be like, if you just incredibly fickle, especially a little guys. But yeah, that's a huge band,
9:56 but when you own narrows, anything, because you know, something you bought that burning Bob Aaron and operated two years also and they're traded to this company, well, they won't belly up.
10:05 traded to this company, they went belly up. Now it's back to this person. Yeah, it happens all the time. Yeah. And quite the volume. If you're not managing it, you're basically you're saying
10:17 you expect that company, you're trusting that they're doing their due diligence well enough that they're going to carry you into the next division or a lot of them will just because they're either
10:30 they've got their attorneys that through high opinions. They're you don't want that to come back and bite you about. Yeah. So they died there as a cross their cheese, but we did have a run-in
10:40 where Lehigh interests, uh, hostile chalk dentures and one operator changed ends and the decks didn't line up. And we weren't didn't pay it on what we knew Lehigh. We were being paid by the
10:54 previous software that was, uh, wait, this week we had two partners and civil rights, you know, four of us.
11:04 be in the squeaky wheel, I guess you could say. Yeah. This is not right. And you have to, you have to speak up. It's like the narrow lower you have to watch your own back because if a check
11:18 doesn't come where it's since they're on they're just kind of spacked, it goes in F bro. Ain't. They don't go for it. Yep. You gotta just dog your eyes about crutch feet.
11:29 Yeah. Yeah. Yeah, that sounds a little like a. I'm so not afraid too Like if I'm to them. It sounds good as like a mirror lover. Like, oh yeah, we'll buy these barrels. And we'll just get
11:39 chicks in the mail. It does so work. In theory. Yeah. They're fantastic. Unless you got 100 of the minerals on any given, you know, good plot and then life is easier. They can't miss you that
11:50 way. No, I'd be kind of hard if they didn't. Maybe problem. Yeah, yeah. Now that is one of the things I really enjoyed about operating kind of in this area, right? is that a lot of at least is
12:02 accurate. They don't have, you know, If, if it's been split with the family, you know, we might get down to eights, but like most surface owners are the Marylanders and they don't have a bunch
12:15 of, you know, pieces sold off or granted out I just took a lease, four or five miles from here. And there was one 32nd that was somehow traded off on my 1918. And there was sold back to the
12:30 family to my name in three days by that I was sold back to the family at some point. And so, you know, but for the most part, like everything's pretty well intact rail this area makes it easier to
12:42 lease and easier to operate, whereas like I've said it for a number of reasons Right, because
12:50 some of those pay decks are this thing. You've had professional by minerals and west Texas for ever. Yeah, and it's not something. It's built for big families, big grandkids and somebody. Well,
13:05 I don't care about it. Or somebody comes in to hard times. There are a lot of reasons that people legitimately get rid of the minerals and you'll hear them all can never sow your minerals. Well,
13:15 life happens. Sometimes you have to. I've had to, you know, just to cover rent and then you're going to know it's circumstantial. And if it's a little thing that's making you fit too free since
13:25 he here and somebody off for she five or any more, you could have it. But it raised a very well sentimental attachment to it And I can't tell you another phone calls in that path that are, you know,
13:38 I'll never get rid of this. My granddad said never get rid of this. And then I get a phone call. Don't you give any money to my no good brother? He's like, well, that's his to deal with it.
13:47 It's all a separate property. Yeah.
13:51 It gets colorful. People, people
13:57 ever deal with it. People ask me a lot of times. Is that land man show? Is that accurate? a pencil where you were. Yeah. I was an Arkansas was the first year that I was working on an Arkansas
14:11 and I went to close a deal with the guy that I'd spoken to only on the phone. And I drove a switchboard up into some mountain
14:22 started hearing a little banjo and led with God out of expedition. And the guy kicked the screen door open and had a coach go and I dove behind the truck. We just spoken on the phone. Yeah. And
14:35 I'm holding this check in there. I thought she was a banker. Now that we just spoke. Well, come on in and try and give you money. I'm good right here. I don't need to come on the porch. Just
14:47 sign here and I'll be on my way.
14:51 You're chasing the Fayetteville. We did. Yeah. Fayetteville chiddle. Fayetteville Barnette.
14:59 Barnette was interesting too because we have a lot of people that approach us that live in like subdivisions. Missed you'll interest that they were drilling in me. How was I got most conveyed when
15:10 they got we got the bugs I'm awesome. Yeah, is that an inch they were we bought our house in Midland, you know, the I Didn't expect to get any minerals when we bought our house in Midland, but we
15:20 bought 10 acres and their provision in The the contracts that you know any minerals own the will convey Right and so I'm sure there's like a standard clause right any any owned will come a and I was
15:35 like oh shoot Does that mean that they own some so then it would dive in down there and like what do they only come to find out? They didn't own any so there's nothing to commit. I was like they
15:44 were just why do we both yeah? Exactly. Why don't we even have that flaws in there, but can we look excited for a book in this well? You get into some fun stuff entitled where it's you know, they
15:55 will convey so much of what they are which is That's actually pretty good and clear. Okay, when they don't specify how what they have. and they say we convey a 116, or we reserve a 116. Do they
16:10 have that to keep or convey? And then you gotta round down the other thing just to see them, you'd be surprised how many times. They didn't even have that much. So they own an eight, and they say
16:22 they'll convey a 116, or they convey a 116th of their eight, or they convey a half of their eight, which is a 116th of the total Many a discussion over the telephone or coffee has happened over
16:36 that exact thing. Yeah. Well, that's interesting. And there recently there was a case over water, right? I were produced water.
16:47 Where there was this produced water company that it sued, I think it was Concho maybe at the time,
16:55 saying that, you know, the produced water is not part of the mineral lease, or whatnot and Anyways, it just came out, so now there's some precedent about the production company to produce the
17:10 water.
17:13 So like with that, like now we have precedent, right? So like going forward, like I as an operator can say, like here, there's this case here. So when I read stuff like that, I like to
17:22 bookmark it or download it on my computer, so that I have like some sort of reference to go back to. As far as mineral law, there's not many things that I come across or download, but I'm sure
17:34 there's gonna be some precedent on like what, what is standard with those words. It's just interesting to me, 'cause I always wondered, now that you said that, I think about like West Texas,
17:44 where their water rags have been sold. Yeah. How does that play out? Yeah. And I don't know any court cases involving them. Of course, you know, West Texas was on our game, but it was a little
17:54 bit different. Right. They are a little bit - I can't get real ugly, real fast. Yeah you flip up the water x. that at all. And I mean, what, I guess it wouldn't come down so you'd have to have
18:07 a chemical success in the sea if it was Brian that we saw water. Yeah, we're the, I wonder if you could talk to the,
18:15 oh, what is that the water, the waterborne ground water advisory unit, GAU, and get where the base of the deepest usable quality water is is probably where I would have seen that that changes.
18:28 But those guys are the base and usable quality water on one of these that I have has been within a thousand feet depending on what year I asked them where it was and the variable window. Yeah,
18:41 exactly. And it's not that the water is going to, it's just that they picked whatever that that year.
18:49 Interesting. So were you involved? There's a much a couple of wells out here in La Ranch.
18:57 Your dad did the geology and drilled the savanna ranch Number one out here in the shade.
19:07 and the shaper. So were you involved much in any of that? Were you just kind of around, watch it? The title on that name, my title. Yeah. I, you know, having a dad as a geologist, he could
19:14 tell you a million stories about having me outside. Yeah. One of his favorites is he had me in the back of the suburban, rolled the window down, dubbed out my hot wheels and my leg goes, went
19:25 into the slumber day trip, came out, I wasn't there. If
19:30 he said I'm looking around, he just wanted a really short, blonde rough neck. It's sitting under an oak tree over there with a sausage and a tortilla. I found the food.
19:42 That's awesome. But yeah, it was interesting, you know, being our home place, we knew the neighbors and getting into the mineral stuff was actually kind of cool. The history of this particular
19:53 land turned out to like go back to the clavers, which it started shaking my head and then we found our headstone that was a claver And I was like, How wild. pretty cool. You know, growing up in
20:04 South Texas, King Ranch was everything. It's right. And yeah, that was one of the first thing in my eyes that I really worked on by myself. And then it was pretty clean. Yeah, like you're
20:17 saying this area is pretty clear to me with a my stands for. Well, it's it's the
20:23 I should pull out your game to you. It's just the entire acreage that you're looking to lock up with lease. Yeah. I mean, I've heard the term I was didn't know, you know, kind of like what it
20:35 stood for. It's amazing how fast you forget things. Yeah. Yeah. You used to use to fit the last two years, uh, ranching. Yeah, I went from one gamble to another. Yeah. Yeah. That you're
20:46 gambling on cattle. Gambling on chalice. And right. That's all my day when I was 16. No, I guess before football really like took off. It's like, I don't want to go to school. If I can just
20:56 work chalice, that's all I want to do. Yeah. Yeah. And then, then,
21:01 you know, you realize I was in the anchors to do that and we don't yeah so I'm trying to do it a different way see if I can't make it work yeah yeah it's definitely yeah I think that's why we get
21:13 along so well I I kind of went through that same idea I decided if I was gonna own a ranch I needed to go into the old field make a bunch of money yes so I get over ranch if I just wanted to work on
21:25 the ranch I could get an ag degree and work for somebody else for the rest of my life maybe never gone and yeah exactly so
21:33 so yeah I kind of took that same approach where I figured I needed to go make a bunch of money so that I could buy the ranch I ran into the dad of a friend of mine from high school and we had similar
21:43 ideas yeah but I went oil field okay and I saw what's he doing he's working on ranch in Australia oh like he went big complete opposite direction I went he didn't even stay at home but he's like happy
21:57 with Kanye well there's some crazy images too I've seen some pictures big huge yeah I can imagine well Texas is filling up you know all this area is getting so subdivided and you know that's a
22:12 problem out where I've got some of the shallow wells in Laverne ya know a bunch of those end up they say that place was that homestead was a hundred sixty acres right a quarter section and it's been
22:26 split up and subdivided now they're selling off you know five acre range hits little houses and your wells are on a two or two and a half acres facing out there so now you've got a well in somebody's
22:39 backyard you know
22:42 and instead of trying to work with that landowner and having a well like the swimming pool it's just oh well that makes a quarter barrel a day or a half barrel a day it's easy to just plug them out
22:52 and in the subdivision in a lot of these areas is really it makes even though you have
23:01 you have
23:04 the mineral right trumps the surface. Yeah, you're right. The right of ingress egress. Yeah, so like legally, you're always gonna be able to produce that well. We need to stop. But those,
23:15 well the end of it can make it such a headache. Yeah, I think that's a little loyal as it is. Like what if like previous surface provisions, or do they disappear when the property transfers or not?
23:27 Yeah, I don't know. Because that's, I mean, that should be an addendum to the lease. Yeah
23:34 Yeah, it's just, it's interesting 'cause the people bought the house, knowing that there's an oil well in the backyard. Well, you do what you do. Yeah. Especially, I know some people have been
23:43 so desperate to get out of the city. Yeah. They've taken anything. Chosen poorly. And I'm cutting some fuck calls. Less water wells, leaking gas. What do I do? Call her our commission. I'm
23:55 not coming out there. Yeah.
23:59 Yeah.
24:02 Yes, it has a lot of, Well sir, okay, do you say you quit about two years ago? From when you started, the route, kind of the show revolution and the boom, the change, did the land work look a
24:18 whole lot different at the end versus at the beginning? Well, yeah, fat. Oh yeah. So you used to have to go to the courthouse and you stood and carried head and books and there's nowhere to sit
24:33 and work You had to stand all day and take notes on your legal pad and I, that's why I enjoyed about it. I enjoy the puzzle. I like figuring it out, putting it together. I like flow charts, even
24:46 that kind of thing. But every day was different. I was in different counties all the time. You know, it's been nine months in North Detroit. Some of the sweetest people in the world, there's no
24:56 trees, like that blew me away. My first, not to give off on change My first trip up there was a botano right up against me. the Turtleback Mountains. Fuck no. That's like a. From the best
25:09 Western, I could see you the Canadian border. Oh, okay. You were in POAK. And I walked into the courthouse shivering in my wool-lined car heart. Right. And all the little ladies in the
25:20 courthouse are just giggling. They're like, Oh, you're from Texas, aren't you? I said, Why don't you say that? It's like, Car's not gonna cut up, babe. You're like, This looking's going
25:30 straight through the thing. Yep. Down here, that's almost too much sometimes Yeah. Yeah, that was, that was interesting. And even up there in the mineral triggers from like the dates and was
25:40 early 80s, I mean. Of those guys, like Arsu minor. Some of the same guys now. Arsu minor played out here. I found his name in Boston though. Yeah. It's just crazy. The mineral games have been
25:50 around for a long time. And people like him that were before their time. Yeah. And they were buying the loat. It's just like, sight-hatred. You buy the
25:60 loat's. But he unfortunately wasn't around to see it come back and really pay off. Yeah, and they didn't hear about it from a dude on Twitter, the Post-it snippet. They had friends or they
26:12 watched a scout card come out, they're like, so-and-so drilled a banger well every year. I'm gonna run up there and see what I can pick up there. I'm gonna go see what I can learn. Where you got
26:23 like a plausible trick. Yeah. Surface geology, as far as oil gas goes, just made it a long time ago But it's still viable, and I remember somebody at night was peddling something like that. I
26:39 think it was up in a while. It was a surface of the expression of the salt down that nobody had ever really floored. Interesting. And I just kind of, hmm. Now, that's something that nobody's
26:48 looking at. Nobody lifted anything that's not 3D anymore. Yes. Kind of dressed with that. Yeah. 'Cause there's still tons of geology out there. That's a whole 'nother conversation than I've been
26:58 up with itself The gun max, did labor change? we were in it, we were in the low patch. We saw the, we nearly got run over by the gypsy truckers, you know, you're in the thick of it as a land
27:14 man out there. And those counties, when it starts to heat up and then going back to North Dakota, I saw there were crews that were being paid to steal your tire work. It was wild, but no joke,
27:26 nothing. So a bunch of y'all in the, in the courthouse together. Like if, if there was a room. I know, to elbow There was a bunch of dudes in there trying to, or you might be working, wait for
27:37 somebody to finish work in that book so that you'd be getting that ball can go through it. And so this older gentleman came out of retirement to train me a little bit when I first started. His
27:50 nickname was Boots. He was fantastic. My first day with him was in the DeWick kinda courthouse. Okay. And he was warning me, he said, You gotta wash these other laying men. They're gonna do
28:01 look at it, what you're doing because they're going to try and figure it out. relate and maybe they're working forward really figure out what area you're leasing up yeah and so he's looking at the
28:12 book and he goes watch this and he takes a post it that draws a happy face on sticks it on that page closing the book we'll just put it back on the shop it goes watch that guy over there in the corner
28:22 sure enough that man got up waiting got that book opened it flipped until he found that post it that and just looked at us and smiled and I was like you're not kidding and this is almost industrial
28:34 espionage that's crazy but it happens so they were it was a craft yeah and then yeah people started scanning the books and putting it on the internet now all you had to do was get a subscription and I
28:50 wasn't going to courthouses anywhere else it not my butt now in front of a computer you can search all this online now from that not all of it but a lot of courthouses and if you're a little like me
29:01 or older yeah trust it So I would run as much as I could online, and then I would still go and make sure that I didn't miss anything, or that there wasn't a page of the index book that wasn't yet
29:14 scanned or eligible. And then big enough deals I've always been in, just 'cause that was me. Yeah, that's the way we ran. All right, you've got a 10 year old, a five year old. So you ought to
29:27 be able to end a 14 year old. You ought to be able to break this down like I'm 10 years old When you run in tile, you're starting with who owns it today. Or you're starting wherever you can find
29:40 somewhere in the middle and then you work it to present and you work it back to. That's, it's super situation. So like if you're working exploration and you're looking for leases, you're gonna
29:49 start with surface ownership today. Okay. And then that, you know, if you're, there's cursory tile where you run in real quick. Yep was there in
30:02 reservation. was there wearing all the gas reservation. And lots of times, especially when you get closer to the late '90s or early 2000s, attorneys or
30:11 title companies would put out all the reservations that were ever on a piece of money. And that's nice. If that's attached to the back of the, that gives you like a foot hold or almost the whole
30:21 thing. You're still gonna go back through and read early 'cause they're not always under it for a second, right?
30:29 That was always great Sometimes the first D, you know, no right was there. All right, well, there's a D reference. Then you go to that one, to that one. And then you take all those names, you
30:41 get it back to the side, do the state, you start it. You run that name forward until there's a conveyance. And if they reserve something split, you gotta go find that name and who bought it. So
30:55 you run it all the way back as far as you can. To what do you call that origin? Yes, sovereignty. And then you kind of like settle that to the side. You start here and you follow it forward.
31:08 That's how I did it. Interesting. Lots of guys would have what are called take off shoots too. And they would just fill those out as they found documents. I would do that on a notepad and I'd also
31:20 start making a flow chart. And then inevitably, where did this person go? Where did this interest disappear to you? Yeah. And that's when you start having to fill gaps And you get into probate,
31:33 you get into it. And that's a whole nother. Yeah, like Jim Bob might've died, but didn't have any kids. What happened to it? You can't find the will, you don't know. And then they get into the
31:46 laws of death of the sea. So if he died with the will, that's all, well, good, you don't work, what if he didn't? Well, then maybe he went back to his sister or his siblings, like they split
31:56 his interest. So you become like Clark Lawyer, like you have to learn for whatever state you're in, I'm sure that varies by state. two. Oh yeah. But you kind of have to learn what what precedent
32:07 is and where this goes. What this thing does with it typically death and deceive with this different and almost every state you've got the fully on civil code and Louisiana, which is all different
32:18 cameras. We the Louisiana is just different. Yeah, we do that. I've got family gave us that. But then like in North Dakota,
32:29 going back there, they don't recognize probate from other states. Okay, so if you own barrels up there, you fast away, and you lived here, you probated, you really had all your stuff in a row,
32:40 products in a row. They say you have to probate it again, up there. In that state. So what happens, it doesn't get probated again, it's just a limbo for all these years. It's a limbo and they
32:53 have a revolutionary ball there too. You don't claim your minerals, I think it's 10 years. If they're not producing, you don't claim new minerals every 10 years,
33:03 losing interest and then in Louisiana cut refers to really go to Louisiana goes the circus song it's cool I kind of like that yeah I kind of like that I mean it kind of is to last layer of mineral
33:18 players yeah yeah that's it says that's like registering the brand every 10 years yes go in and fill out a bunch of paperwork and say like that's still at least Louisiana's different than North Dakota
33:30 in that it has to be under production for you to maintain our show no in North Dakota if it's not producing you claim it you still get to keep it but if it's out of production it goes I think we was
33:41 10 years it's gone no matter what you do oh chill so spending money Louisiana you better be sure to give back yeah well it's interesting well they do when the eagle took off yep my dad had given me
34:00 this old I think it was a Texaco man It was like a road map, it was a geological road map. That's what it was called. Okay. And it was the surface expressions. What the surface rock was all the
34:11 way to the state. Yeah. And when Eagleford maybe started seeping out, you know, it was real harsh for a long time, but it was way over, you know, it was the plot of that area.
34:23 Wickhart got it. And I started looking at there was just this strip of land that went from there all the way to the lazy end. It was a little grief I'm no geologist, but I was
34:35 like that. All of the wells, we look at them on the other. They're trendy. That same zone like this has, wouldn't get way in front of this. Then get the Louisiana, well, it's not complete
34:46 Eagle Ferg. Yeah. It's the same rock, but it's the tusk release of Marine Chair. Oh, they could sit it in the same seat. Same age, same organic content. Just process the same bio. 'Cause I
34:57 was saying an Eagle Ferg goes over the same mark as Arch, and then there's all these whales that are classified as eagle-filled.
35:05 Oh, it can bar line. Yeah, that's a lot of it. And then it becomes the wood bind somewhere that I remember correctly. There was a glacial deposit. Okay, it came down from the north. And that
35:16 that's
35:19 that That's near Washington. Okay. Yep. Yeah. And at that, all that settled on top of Bigfoot. Okay. And became the equal by a doubt attorney about that. Right. I
35:34 think that's the way that way. But yeah, that and that was interesting because I was multiple, multi-sung pays. Yeah, that's, that's dope. They got there. Yeah, just lose it in the T invest
35:43 pay off where you did it. Yeah. No, I think we did one wall in there
35:49 You remember exactly how that began now, but I've got the trick. It'll cut, it'll cut around. What are these days? You notice when the checks quit, you kind of get used to when they're coming in.
35:58 Yeah. Yeah. No, I don't. That's the TMS, one of those. It's like,
36:05 We're just not there technically yet. It will come around higher hole prices a little bit better technical drill ability. I think it was one of those. So it's a,
36:16 what's kind of like when you're drilling the bucket, if you exit the bucket, you're stuck. Like a student. So when they're drilling the bucket in there, they're bouncing along the top and they're
36:27 hitting that, I think it's a gamma indicator, right? When you're driving for drilling, somebody's gonna kill me because I'm getting this totally wrong But you're looking at this as your gamma
36:37 increases, you know that you're hitting the top of the bucket, right? So you're steering off of that gamma to try to stay in formation. As soon as you exit the bucket, your drill string gets
36:46 stuck. I was looking at this one well,
36:50 a couple of months ago, while I was up there because of
36:55 I'm gonna say too much by geologists are gonna give in. For whatever reason, I was looking at this one well up there and they sidetracked seven times This is 2011, so like pretty. really early in
37:07 the Bakken, they sidetracked as well seven times. I was like, what is going on? You know, I started talking about a geologist. He's like, they probably just had a shitty directional drill and
37:20 he kept exiting the Bakken. And as soon as you come out, it gets real gummy. It's like, for what I understand them, I looked at Drillin, the TMS with the, I got East Texas and we talked a bunch
37:33 about it in 2022. And all the research I did was kind of the same way, like it's real gunky. It's easy to get stuck. It could be used a little bit out of the zone. Like they're good, you're a
37:44 drill string. And that's, that's the history of, well, I guess the technology's not there until it is. Yeah. All these shale plays, they were never viable, but then they finally started
37:58 burning out of frack different people for on faculty never did
38:04 so people know the way the crow for like three miles, we've got three miles, maybe four miles south of the Eagleford Point. We've been reminded that several times. He's sitting on the back porch
38:15 and watched the D'Rilly Ring. Oh, he could watch my dad sit on the back porch with like a little tear to the pad coming. Well, I didn't tell you all, so we're on Savannah Ranch. We are one
38:26 property, one property over from where I live, from our place, the Troutwind Ranch, is the Savannah Ranch. So we're like very close to home. I drag over here without a sea belt. And just so
38:39 people don't like proximity-wise, kind of where we're at. But yeah, we could, we could sit on the back porch and watch it and drag it and watch it and drill. And if we were
38:51 three miles from north, we would be doing this podcast on the back of a 70-foot Hatterous.
38:58 And then the living room. Time left a bull winkle and it's a big boy. You know, hold on to real screaming. I'll be right back. Yeah, yeah, yeah, if I do ever buy headers though, I'm gonna
39:10 name it mo mo BLS low barrels
39:16 But everybody's gonna think I'm saying mo bubbles
39:20 Everybody on though So if y'all ever see like a big offshore boat says mo barrels on it mo B BLS That's it's gonna be me. I didn't see one the other day the cracker. It was called the on-scene
39:32 couple And then we just can't help but wonder don't man ask him. Oh, I would ask, you know Walked out on the end talk like excuse me. I just gotta let shoot But yeah, that was Halloween Baucus
39:47 place had been abandoned for years and the
39:51 main project was to reveal ranch housing Put that together about down as always toward the gate, but Hey loves you. Well, that's what these two worlds are. Yeah, but no one as I mean Maybe they
40:06 have a little further ease. No one's completely figured it out. It's a touchy little rock. Yeah. And so he played a fat play with that and then the eagle furred hit and all it's like, you know,
40:17 come busting through the door. Dad! See what's out in the cheatsite. Da, da, da, da, da, yeah. He's like, yeah, we're out of it. He's like, no.
40:26 So in
40:30 1998, maybe '99, my family's been on the compression business for a number of years. They built a company called Ren of Compressors, Incorporated, RCIA, Victoria, and they sold it in like maybe
40:44 '92 or '90 or so, maybe '93, somewhere in there. And then they started prime compression in '97. They sold it in '99. And I really quickly built, sold the Hanover. It was great. My parents had
40:59 a couple of percentage interest 'cause they put some in, you know, to help multiple Barnes start that company. So they'd gotten a little money out of that. And that's how we bought the 55 acres
41:08 for the live-on.
41:11 Instead of Netflix, they looked at 100 acres in Gillette
41:16 with 100 of the mineral rights and decided that Gillette was too far from the homestead. And then this place came up for sale that shared a fence line with the homestead from 1865. They're like,
41:28 well, you never buy a land nice Gillette. So let's go buy that. Yeah. And now, like Atlantic, 20 years later, 25 years later, it's like if we would have bought that piece of Gillette. But
41:39 everybody in the game has that. That I should have done that. I should have bought that. No. It's a gamble. And it's, my dad's nickname was the gambler. Yeah. It's just a nature of the beast.
41:52 And that's what sold a word you bought it for most people. Yes. And it, it's my dad who I said, it's feast or fame. Well, you know. They're either doing great or, you know. In me I still
42:02 remember that he's, yeah, hell, wait. on these Atlanta, we had a big boat and - Sorry, no. It's just disappearing effect. It's like, Hunter, daddy, we going hunting this here, dope. Well,
42:15 I don't know, okay. Yeah. Yeah, it was a rally. Only, I'm grateful for the lesson. But, hey, I gotta get credit for my daddy killing. So we were two jobs through all that. Just, dude,
42:30 it's okay. Yeah. So I never need a kid just to make sure he's good He did. Yeah. Yeah. But that was a lot of work. Yeah. And I remember seeing a different man when they started turning around
42:43 late May, they started picking up a little bit more. Yeah. And there we go. We're going to a lot more lunches. We're going to Houston a whole lot more. And it's just a ride. It's just a big
42:54 ride. Yeah, I worked for this guy, you know,
42:58 one of them, if not the best boss I ever had named Joe Meghan and he's that he lives in Obama's city up there. uh, somewhere up there and I think it's the Oklahoma City of Grover and uh, anyways,
43:10 it's the worker for Joe and I went to boarding school for high school. And that was one of the things we talked about on our first call and uh, he told me that he got dropped off for boarding school
43:21 one year. And if they flew in on their king air
43:28 and in school and the end of that semester, oil crashed and he got picked up and used a swagger.
43:39 He's like, it's three months away from t gear to use station wagon. And I was like, yeah, feel that. So when I got my first job in the oil field, um, so my parents or my grandparents being oil
43:55 and gas always kept a bunch of cash around in the house, like in a safe in the house I always had a bunch of cash. And when my parents. went through the crash in '85 or '86 whenever it was. They
44:10 couldn't give money out of faith. Wells Fargo had a rub on it, and Wells Fargo would not let them withdraw cash. And so they had to call my grandparents and be like, Hey, click, I need to pay
44:21 out of mortgage. Like we need to do this and that. They're like, Yeah, here's some cashto get you through until everybody around herekind of like sorts life out and figures it out. And that was a,
44:31 so they passed that lesson on to us I'm like, Hey, if you're gonna be an oil and gas, you need to be prepared. So then when we coded it in 2020, we were living in Midland and I ran down to MTCU,
44:44 Midland Teacher's Credit Union. We've always wanted to keep like thinking kind of the local bank, right? Ran down to MTCU and I was like, Hey. And he like, 20 grand cash and they were like, Sir,
44:54 we can't give you 20 grand cash. I was like, Yeah, yeah, I'm going out every form. They were like, No, like, facts of daily quick drill is like nine thousand five hundred. It's like, I'll
45:04 take it, you know? I didn't know where COVID-19 was going, or if oil was going to, well, oil went to.
45:12 I get a third bottom. They get a 37-63 breaker blow. On that day, Arthur, as a friend of mine, he'd put together an environmental testing company. Jimmy Steele, like it was all mobile. This
45:25 was on-site, real-time satellite link. He was getting ready to sell it, and that was his day it was supposed to sign And I thought I'd lost the friend that, I mean, those texts were dark. I mean,
45:37 I'm sitting in a friend on my computer going, Do I have a job tomorrow? Like, what's going to happen? And supposed to close a deal of a lifetime. Yeah. He survived. He broke pay. But, uh,
45:49 God, I was just - Or a guy. Unreal. They're paying you a store for it. What a rough day. Oh, I went on this. Well, I want it, man. She's supporting me There's so much nonsense. Well, glass
46:02 rives are special. Random nonsense, dude. I had put this - the old together. It's been like a week on the phone, hyped up on Red Bull, didn't sleep for like seven days straight. I got in touch
46:16 with the president of mode of midstream and epic midstream and tall grass. And I was figuring out how to get. So you know, in Cushing, where like we have most of our old storage up there in
46:25 Oklahoma and everything like flows kind of through Cushing, right? There's like a ring around Cushing, like a physical pipeline ring around Cushing. And to get in to Cushing to store oil, even if
46:40 you own one of the storage units in the middle of Cushing, right? Oklahoma. You have to pay a tariff to get to your old storage yet. So I found this dude out of Houston that had like 500, 000
46:54 barrels of space that he would give us that we could fill. We had to pay a tariff. So then I had to get in contact with somebody that owned a bow basically on that ring. And so then we were like
47:05 back we were like, well, tall grass owns the surface and they had a tie in like we'll just get the surface outside of the ring of cushion. Anyways, I spent this week. I drew I'd put up some RV
47:16 and drove up to Cushing. And then from Cushing, I drove down to Corpus to look at the new epic mint screen pipeline that he'd gone in and look at surface down there and
47:27 you relive it on hot pockets and red boat. And I was going to be a free multi-millionaire. And
47:38 one guy just shouldn't agree to the waterfall structure that was a partner. Because like three or four guys involved, we all brought something and it couldn't agree to the waterfall structure. He's
47:49 like, well, I think we need to start the water fall at 80 and our private equity guys are like, no, we're starting at 90. I was like, it doesn't matter. We started at 90 we baked in million
48:00 dollars, started 80 we baked 15 million. Like, I don't care. There's a lot more comments that I've ever seen in my life. And you just went and get on board, and so I'm still poor.
48:14 Yeah, I'm not a million years old. I don't know how to get on this log tangent, but yeah. No big list. It's the nature of the beast, yeah. One of these days, it's going to hit.
48:26 I don't know when, but one of these days. It's the gambler. Yeah. And that's the lure, and that's the fun. When I - when me and your dad finally unlocked the yay what, out here, it'll hit. Oh,
48:36 we're sure. Yeah, you just let them pick the ends of me. Is that right?
48:42 Well, and that's the thing is, when you get temperamental rocks like that, you can overdo it. You can underdo it. And next thing you know, you're six down pole pumps all through, and you're
48:53 cursing, you're buying equipment from Oklahoma, and bringing it down. The VL costs more than it was worth. Yeah. That's cool.
49:03 So have you dappled on the like buying in production side? Or you've always tried to stay like mineral? I have avoided working interests, my only life. And then, and that's interesting too, is
49:15 the mineral owner experiencing the small guy. Staying with larger companies just felt pain in your mind. So I went in Marrows, North Dakota, there's some larger companies up there where all of a
49:25 sudden I get a joint interest No,
49:30 I didn't like to participate in anything. I have to call, leave messages and all that kind of stuff. Oh, no, no, we're trying to lease this. I got nothing in the mail, I don't know, phone
49:40 calls. But I'm this big. Hey, Doctor, gotta be the squeaky wheel. I know most of the time I'm pretty amenable to no address it. Some really good companies that do that. Others, I have to be a
49:56 real pest I've shown up at a couple of offices before, excuse me. Can't get your call back. Yeah. Yeah. Being a small guy, I already get some of this big companies. Yeah. I started into a farm
50:11 out with one of them. And this lady was on
50:16 maternity leave, the land lady I was supposed to be talking to to get this farm out. She was on maternity leave, so somebody else was taking a place. He and I talked back and forth for like three
50:25 weeks. I thought things were going somewhere. She got back and her first email was like, worried about circus locations. We no longer have any interest in this. And I was like, Are you kidding
50:36 me? Like, But I'm a nobody. Yeah. I was trying to ship deal. Well, in this land man, we are dealing with property owners, member owners that have attorneys. Yeah. And I don't blame anybody
50:50 for taking paperwork and having their attorney on charter. Yeah. But when you get a lease back and the terminology is different, but the intent is exactly the same. And you get on the phone calls,
51:00 I think that's why I'm.
51:03 You know, you didn't change. No, but I like the wig I write it better.
51:09 Okay, you know, that's. No, I gotta run this, it's flagpole. It's like, okay, that's nothing wrong with it, but I can't say, okay. Yeah, you'd heal it with that old thing. And that
51:20 landowner just spent money on an attorney. They didn't really need to spit. That's cool what it is, yeah. That the attorney's trying to justify his bill. And I would, as a landowner, one thing
51:31 that I ran into a lot, actually, it's my first time trying to take the lease. It was the Mission Valley. And I met this guy at the gate. He let me in. We drove up to his house, and we went
51:45 inside his walk route, and he kept coughing, it's like, that's pretty easy. I mean, I have never sat down on the property on it before. And the first thing he does is cross his arms because Andy,
51:54 I hate laying them.
51:58 Okay All right Oh.
52:03 Where do we go from here? And turn down the A's. You have somebody sold a little bill of goods. It's good and bad people in every industry. But hearing that being in Landau always, when I was
52:15 taking leases, was I try to be fair to both parties. I'm contracted. So I have to be fair to both of them, gas kept moving at the same time. I understand, you know, the Landau or things. And I
52:26 went center and like, I'll probably never be asked to be a Landman again after this, but I would just say like, you made a gate, you tell them what kind of gate do you want? Do you win a new road?
52:35 Yeah. You can't stop them from drilling, you can't stop them drilling where they want to drill. Yeah. You can tell them how to get there. So, that's how this works. You got it. And that's the
52:44 big thing about being a Landman is you had to play both sides. Yeah. Not play, but you had to understand it. I went through, I would shoot hogs and go get them processed and keep a cooler full of
52:55 sausage and everything I had just to try to grease the wheels of progress. That's it You just do what you gotta do.
53:03 that one of my best, the best story I ever heard was, there was Binghamack McKinney in your account. They were an older couple. And somebody wanted to shoot seismic 3D with the big trucks. And
53:13 they were, you're not driving those trucks on our land at all. And the way Matt told me the story, he said, The slain man just kept pushing and pushing and pushing. And I told him and said, The
53:24 day pigs flies, the day I let you bring those big supper trucks out here. He said, And when the app pulled into my driveway and that A-hole was parked by my barn. And he said, I was hot. And
53:37 just a little feedback story, I'll be in that mechanic. He drove the van that they followed Billie Nelson in. Okay. I mean, they were amazing. Oh, he said, I pulled up, I parked my van, I
53:49 get out. And that guy runs out of my barn. He's in my barn and you know, you didn't shoot him. Like, I'm expecting something to go south here. Yeah, I said, The guy has just come inside him
53:60 And he fought this toy pig with flapping wings. and hanging from a string, the flies that I circled, and I gave myself some kind of garlic with one of those rafters. He said, There's your fun and
54:09 pit. And Matt said, Andy? I had to agree at that point, 'cause that was pretty good. Yeah. Sun and Ellie's. Well, that's good. I like it. Yeah. Did you get all kinds? I mean, property
54:24 owners. Well, we met through a sticky note. I figured this well was back here. Nobody was producing it I wrote a sticky note for your dad and stuck it on his
54:37 gate, the key path. Who's the gate? Taped it all there. Said, Hey, I want to operate your well. Call me, be called me. Oh, you've been turned to find out. You wanted some of it. We were
54:48 actually planting, doing it ourselves. Yeah. And we, you know, the night air most that ever rubbed the project. And it's been, it's been two years. It's been at least a year and a half 'cause
54:60 the original lease we signed expired. take me so long to get that wealth from the state. Yeah, that the original lease inspired, but we had to sign a new lease with y'all so that I could continue
55:13 trying and you still haven't gotten your paperwork back. No. Oh, it's been orphaned. Well, yeah, and that's what changed right. So something like that. Um, that's what changed is that it was
55:27 was in that gray area where it hadn't been orphaned yet. But the old operator had not done anything with it. It wasn't on schedule. They were in violation with the state and got it. They were in
55:43 violation with the state and I got a signal single signature P4 on that other well and on that shaker over there took it over and then I was in process of getting it with yours.
55:57 And they have like, it's like a six to eight month process and we were like five or six months. in and then they changed it to orphan well status
56:08 and it canceled everything out and they didn't say anything. No. So then I haven't checked in there like oh yeah we actually we designated that in order for well like three or four months ago. I
56:18 was like I've been waiting on this paper word. How do you like them? I had to restart it up. Yeah. When that's the fun. The red takes a lot of fun. Yeah. Let me say for a reason. And you know
56:30 when we first bought property there was an abandoned one longer that I kept remembering the company. He was a he was a pan and well. It's like how old it was. Yeah. And there were two tank
56:42 batteries on it. Salt water is fossil lime. And we figured out who owned it. They didn't even know they owned it. I bought it. And I called and we called them several times. You know, please
56:54 come clean this up and plug this well.
56:58 Basically, the response we got from one person in particular was uh, that's your problem. Go do what you want to do. So, and I didn't know they were talking to a landman and a geologist. Yeah.
57:14 And so I was, uh, I forgot who I was talking to. And my dad called. He said, uh, I've got a three ring binder about this day. Full of violations, sending it
57:27 to the railroad commission, the watershed board, this thing. Maybe there's a guy out there cutting those tanks up the next day after that. That actually was delivered. It was pretty impressive.
57:35 Yeah. But, uh, you know, they took care of what they're doing. But this area has just been played out that way for a long time. Yeah.
57:45 You never know what you're going to get and pick up these loads. That's, you don't know what's down that hole. You don't know what's going on. Yeah. You take that risk every time you buy one of
57:54 these movies. Yeah. And I try to go slow and steady. You know, in 2020, we
58:03 Well, we moved out here, we built a house. However, the force of that next year, we started five companies, which was way too many, right? We started a royalty company. We started the cattle
58:16 company. We started the production company. I've started a downhole tool company. One that was way too many for an entrepreneur to do, then, all at the same time. But the company that I took the
58:29 slowest was the production company One, because I'm extremely ADD. Two, because it requires a lot of paperwork, and I'm self-admittedly can be a procrastinator at paperwork. Until it's like a
58:45 deadline. A lot of times, I don't sit down and do it. And it's one of my biggest
58:52 problems.
58:55 And so the production company, I took the slowest of all the companies the one that's worked out the best. has been the production company, because I've taken it slow. And I've really thought
59:07 about, do we want that well? Is it worth the risk? What's it going to take to get it? And that wasn't necessarily by design. But as I look back over the last five years of how fast we moved on
59:22 the occupational therapy company, the down-pole tool company, some of the other ones we started, we were going through those decisions so fast that we didn't have good bearing on it. And so now
59:33 I'm grateful that everything has been so slow, with production company, because it's let me get a better frame of mind and really think through some of those decisions. And it's been good?
59:48 I always wish things were a bit faster. Well, but can't do greedy. Yeah. I'm saying with trading or anything else, the minute he goes too fast. Yeah
1:00:00 This kind of brings up something I've been thinking about a lot.
1:00:05 if it parallels, in my opinion, parallels to a cattle where maybe you just, you know, like farming in general, but like, you're seeing a lot more small cow business to come up, especially
1:00:16 cattle. We've seen a lot more of these, we've got eggs, we've got chick meat chick, which we got pigs, all the same property, kind of booty, so to speak. Yeah.
1:00:29 Do you think that can apply to the oil and gas business now? 'Cause the big majors seem to be completely infatuated with, if it's not shared, we're not doing it. And they're also researching
1:00:39 alternative energies and things like that. The small conventional stuff to me, and it's similar to the royalty business. You get these little ones, that they're gonna do the same thing for 65
1:00:53 years. That 180 dollar checks gonna come in Every month, then you can almost depend on it. They're cheaper than drill. Yep. Could these intentional plays, they're smaller things, just going
1:01:10 back to, you know, geology, geology, finding it. Do you think that could pan out? Absolutely, that's
1:01:19 the whole plane. That's my life, that's about the plane. Well, so, I always have a hard time explaining to people what I'm interested in And I've gone for him, the Ruts is Own Only Yes Company.
1:01:36 Amazing guy, good enough friend. The day of the day, I was like, Hey, run these two API numbers through a PhD win for me and give me evaluation on them. Like, tell me what their work, right?
1:01:49 I would like to buy these two wells, the refract candidates. And he called me almost immediately. I said, Ree, what the freak are you doing in looking at refract candidates? That was like, it's
1:02:00 like, well, like, it's like. I think they're great. Like they made a lot of oil for as cornly stimulated as they were. I think they're great wells. We could put two and a half million dollars
1:02:13 in and get 10 million dollars in. Like it seems like a win. He was like, If you ever refract a well. I was like, As an operator, no. He was like, As an engineer. And I was like, No. He was
1:02:23 like, Well, as a tool guy. I was like, Well, yeah, as a tool guy. I've been on the lot of wells. He's like, So you've never really refract a well. Like you've run some tools for a guy. Yeah,
1:02:29 you wanted to think of that Well, you all right, I don't know. You would just say you're here, like I get your point. He's like, Hey, so you cared enough to call me. And he said, Read, you
1:02:39 hear this with the right mind, but like, I want you to find the one thing that you are so good at that it's not a competitive advantage. It's an unfair advantage. Like you see it as you're so good
1:02:53 at it compared to everybody else. So it's just unfair. And you need to go after that. Like man,, that's not the way well, right? right like. I am into a lot of different opportunities. I want
1:03:03 to do this behind-pipe, unconventional play. You do have a lot of honors from fire. I want to drill this conventional well, two and a half hour sell to hear that your dad put together, right? I
1:03:14 want to take over these wells locally. I want to do this refract. Like, I want to do all these things. But when people ask like, what do I do? What does chamber resources do? I always have to
1:03:25 give this purpose part Well, Jaybird does this, Jaybird buys or takes over or accumulates conventional moderate or shallow death wills that have proven baseline reserves that we know we're going to
1:03:45 produce a long time and we don't take any dutch to it.
1:03:50 Then I have to caveat that and say, okay, that's what Jaybird does. But I've got a war trick you will, and yes, over here in the life You wanna drill some laterals? I got a300 million line of
1:03:60 credit. Let's go bang out some Austin child wealth. Oh, another one. Like I'm always looking at all these opportunities, but I silo and take care of Jay Berg and say, this is what I believe long
1:04:11 term is gonna be, like my nest egg, my bread and butter. It's gonna last me a long time. In a large sense, it's fail safe. And it's exactly that. It's these lookover plays It's these little
1:04:27 fields that only produce, or only recovered 7 to 10 of oil in place. The technology wasn't there or the timeline didn't work out. You know, they drilled it 2008. Savannah Ranch was drilled 2008.
1:04:44 And then Eagle Ferb was discovered 2007. And by 2009, it was in full swing. You know, like people just lost interest, right? And so those are, that's where I'm very happily focused. on with
1:04:59 with with that cup of when it's easy to see the ruler of the show go the the pocket as well as come in on smoking oak. Yeah, when we're after seeing some of his first returns, it's like, Oh,
1:05:12 that's just amazing. And he granted, if you got like the cliff jump fall off of pressure, red blood and all here and level out and continue on, but your peg out is payback. It's just so fast. So
1:05:24 fast. I get that. And you know, from a larger corporation, that's fantastic. They're from a smaller operator. And then maybe I'm a little biased, growing up under a very conventional geologist.
1:05:33 And you know, yeah, they're cheap, but you're easy. Either, you know, you can triple them up just by old well logs. Yeah. And that how that makes a lot of sense. Did he tell you about his
1:05:46 latest funny fault you wrote? No.
1:05:50 So any night, Andy and I were riding around Pee and cows like a waking up and your dad calls for you.
1:05:58 like, oh, with this crazy dude named Andy and he's like, oh, yeah, I don't know, Andy. Yeah, I don't like to watch, but I know. Well, so I went down this house. He's got this prospect
1:06:12 pretty close to here and is shallow gas, 1600 feet. Yeah, real shallow. My half a BCA. So it'll cost us like70,
1:06:24 000, 100, 000 to drill
1:06:26 He is, can we get a tie-in for the pipeline? Yeah. But, yeah, these little conventional deals, like super cheap to drill. It falls down the risky version. Yeah. My wife's the risk ticker.
1:06:41 She's the lively one. Yeah. And I'm the,
1:06:46 I'm a little money in that right now. Right. I mean, we came to me very well But I like the conventional stuff better than a 17 million dollar high hole cost. Yeah. that scares but you rarely
1:06:58 drive all those master it really is it like it's an economic dry hole but it's not truly a dry hole you might peter back 15 million of that which is why people are fleeing to that but like this if we
1:07:11 drill this well for a hundred thousand dollars it makes half a BCF. that's ten million dollars like we ten eggs star money at 1600 feet and only put a hundred thousand dollars in and do it like heck
1:07:25 yeah like as a gambler those are the odds I'm after you know you know what I mean well that takes a while to add his heart to this mother glaze got that like that numbers rule the world yeah
1:07:38 algorithms I would be I've got a friend I'm glad that he's that he's a part and blow my daughter's friends he works facts on them he asked me what do you think of you AI do land word any kind of
1:07:52 question yeah I've heard about that you know me being old school, I don't know how much trust it, but at the same time, you've got to be so much faster. It would be, it's just so much money. But
1:08:05 then he told me the building that he's in,
1:08:09 it's almost like
1:08:11 so many jobs have been replaced by that. Really? But what do you think about, they're not gonna be able to go and synthesize the kind of geology you've been. These guys do, they're not gonna be
1:08:21 able to go correlate and find the hotspots that you do on shale all day. Yeah. And eventually good might be able to do it if you cool in on a free data, but there's not 3D data everywhere. Yeah.
1:08:34 And it's the best proprietary information you're gonna have to pay for it anyways. Yeah.
1:08:40 No, someone's gonna take expertise. Like they drilled the shaper, it was good. They drilled the Savannah ranch, it was good. They drilled the brand
1:08:50 On 3D size, Nick, looks the best. If you put AI into 3D slush, Seismic the brand looks the best yeah, but it was only bright because the same pinched out Right became a high spotter and it became
1:09:06 too tight. Yeah, so and that's what I asked your pop. So it's like hey, what's it like? What's?
1:09:14 We've got 3d seismic on this prospect. That's like what's the risk here? The risk is it's super tight. Yeah, we can't get the gas back out it's like For 70, 000 a willing to try that and that's
1:09:24 the thing you're getting for seven million the camera's still there But it's a little bit mitigated. Yeah, your losses is not quite what it could be. Yeah Yeah, I mean, that's that's the nuance
1:09:35 of it
1:09:37 But yeah, you know, I remember it's like that book we were talking about Wilderness tired bin anything like I went I went to school with half those kids You guys create kids in that book a new
1:09:48 summer home. We'll personally my dad and a lot of the guys were just the crazy Cutters. Yeah, and that's to me growing up. I was the other, knowing that like like Mr. Wilson would hit five
1:10:01 drivers on the bank with bankroll because they knew that sixth one was going to be something else. Yeah, I mean, it was. And now you can have all the data in the world back you up. The bank will
1:10:14 give you exploration money right now. You know what, though only give you 50 of like your PV 10 break. You know, so they were by a field. And refurio was worth5 billion.
1:10:30 Total value.
1:10:34 The bank would only with us two and a half really. It's like, it's proven. Yeah. But risk toleraged is not there anymore. Yeah. And I like, I mean, I was I seen there was a prospect that
1:10:46 somebody brought to me to try and help themselves. And it was an older field, South Texas that the reserves were there, you know, calculated about that. But then there were like four more Zellins
1:10:59 shallower that were behind potter. And it never compared for him. Then it's like, man, that's like a no-brainer. That's easy. You just go punch some holes and triple your production. Let's do
1:11:10 this that nobody would find out everywhere I live. Everybody was just not enough. It was the thing I got the most was it's not a big enough return. And if you're, if you're in the black, you're
1:11:22 in the black man, a wins a win. I've read radical times. It's not a big enough return or it's not a fast enough return. That's the that's the spoil. But
1:11:33 yeah, that's the the rot in the mud mines lately. Is it ever a ball green industry? That's why I was asking it was, I think there's a place for it. I think there's a good group of people out
1:11:46 there that enjoy a subtle nuances that are the difference between a single plate and and we're all out of which we call a pop geology. Yeah, conventional. Yeah, conventional. And, you know,
1:12:01 people are tired. There's people go out of their way to buy specific, or kids, no whiskey. Yeah.
1:12:10 That's there too. You just gotta find the right wire. Yeah.
1:12:15 Hopefully that comes back around because I think that, to me, is a safer, smarter play. Long-genity in the low risk. Yeah It's a whole lot more fun. I'm not, it's winning the lottery. I would
1:12:29 take a lottery win any day. We could probably win that, yeah. I've got a - Or you have planes for it. Yeah. It's definitely a whole lot more fun. You know, poking a hole here and there and see
1:12:41 if one's gonna come in. I think there will come a point. Well, two things are kind of happening right now, right? It's like, we're getting more efficient and so we can drill tier two, tier
1:12:55 three. prime acreage. We're getting more efficient. We can make those economic.
1:13:02 And then we're also applying this technology to conventional fields. Applying this new technology to conventional fields. So like they drove the dry hole and drove that brand.
1:13:16 It pinched out. So that high spot, right? So what if you came back with a rotary steerable and you punched out of that brand and you circled that high spot, you get down on the flank and you drill
1:13:29 a two or three thousand for lateral around the flank of that high spot. And now you're going to drain all this acreage in a better way, right? So I think there's ways definitely to apply that to
1:13:42 conventional and it make, make good sense
1:13:48 But I just,
1:13:51 it comes out of the numbers, but it comes out of the wrist tolerance. put in a million, make three million, or put in a million, a million, a 10 million.
1:14:01 Yeah. And I would rather put it in a million, a 10 million. But I might lose that million triplet times for a make 10 million, so. In the end, who knows, might come out with the same. We'll
1:14:13 see. We'll do this again in like 40, 50 years. But I'll let you know, I'll let the wind for me. I'll make sure you got a spot from my motorized wheelchair. Yeah, I appreciate that No, I got a
1:14:26 joke for you, uh-oh. Right. Johnny, Lonnie, and Donnie. Three friends on a rig, right? We're going to town, trippin' pipe.
1:14:40 Had an accident.
1:14:42 He kills Johnny.
1:14:45 So Lonnie and the guy, you're standing there and OSHA comes out and they go through the report and everything and lies as well. Somebody needs to go tell John his wife that he's dead.
1:14:57 Always been the sensitive one. I was been Google ladies and everything. I'll go. I'll go let her know, right? So he opts in this forward. They drugs into town and
1:15:09 He talks to John his wife and he comes back to the location. He gets out of the truck with a 12 pack of beer and he goes, Man, what the heck happened? You didn't get that from John his wife. So
1:15:24 what? A room up there to the house and I knocked on the door and I said, Are you Johnny's widow? She said, No, I'm notWell, I bet you a 12 pack of unwise, or you are
1:15:40 Oh, oh, oh, oh.
1:15:46 Good with the ladies, huh? Yeah. Good at gambling. Ooh. I'm surprised you paid. Talked about sure. Bye-bye. I can't.
1:15:57 Yeah, wait. So. For Johnny. For Johnny's life. Yeah. So.
1:16:06 That is something that comes
1:16:20 with our own field, David. A sense of humor Oh. Well, as somebody told me the other day, I guess the other day. We've been sitting in the middle of a pretty good job here. Yeah. And my
1:16:22 favorite first year taking this over is a living was a little rough. And I don't care what a pessimist is. Yeah, it can't be a pessimist. Yeah. It'd be a rancher. You just can't. I was told
1:16:35 that and I was like, wow, that makes unbelievable sense Same thing with the long decks. Yes, you got to be able, you know. He had that leathery, he got to be able to roll the punches. My dad,
1:16:48 I don't know how he does. He's probably one of the smoothest, most mild-bearing men I've ever met, no matter what happens. I've seen him, man, but it was a different kind of man. Not like me,
1:17:00 man. Not me, 17-year-old punch of the hole in the garage, well, man, it's that he's going to make something happen. You don't want to be on the other side But he's got to have that, but we
1:17:15 can't let the water roll off your bat. Yeah. It's hard. Yeah.
1:17:20 Yeah. On to the next one. Mm-hmm. Kind of bait. Oh, they'll bruise me. Yeah, that's right. I'll move in the next one. But they're like, there comes this point at which you just,
1:17:31 you can't save the thing that you're working with. No. You just hopeful for the next one to turn out Now there's a cupcake
1:17:41 in the middle, and I've had a sense of winder, so many jokes. come my way that I probably shouldn't have beat you. Just glorious ones. But he told me one time, when I
1:17:53 came back from Nate and told my dad I wanted to be a layman, I thought he was going to cry. Yeah. It was because he was happy. He did not want me to get involved yet. And he was just, you know,
1:18:04 please reconsider. Figure, find a different pet, some. And I didn't. And there were many times sitting on this porch over at his house in the next door. Just, what are we going to do? It's
1:18:19 like, hold cap. We're brook bro. We got to figure this out. And then, you know, the COVID in May, it's like, wow, did not see that coming. All right. Well, no, that's why I do remember
1:18:35 this one time.
1:18:37 I was struggling and had a hard time and had an investment in West Texas code real out and pulled out this little. multi-tool knife, pulls out the leather clutch, takes his belt off. This is how
1:18:49 you put another notch in your belt. But I was, thanks there, I appreciate that. That's just what I needed right now. You know, something's gonna be losing some weight, all right. Thank you.
1:19:02 But it takes a different kind of man, in a different kind of person. Yeah.
1:19:07 Yeah. Willing to stick it out, see, through. Oh yeah Or I need to see him come and go too. Yeah. He sees some posh digs, and then all of a sudden I always tell people, if you want a really
1:19:22 nice luxury car, wake to old takes a dip, go out the middle of 'em. Yeah, 'cause they're for sale, but there are a lot of 'em for sale. Yeah, yeah. That's how Sep and I bought several things.
1:19:35 For real, it would be, you know, just like, oils down or somebody's leaving town, and they just need to get rid of it. Oh yeah Snag it up mini snake. I actually bought a 63 Ford Fairland that
1:19:47 way. The guy was leaving for Anchorage. Mm-hmm. It used to go in the whole field. And I'd pass it every day and I just happened to stop. It was like, I can't take it with me. 350 in its years
1:19:57 and I was broke college 'cause that's my rant, I'll be right back. Wait, here's the gamble number one. I love it. When they flipped this old car. Yeah, I love it. You never know. I actually
1:20:08 did pretty well, but I was surprised. Yeah, you mentioned Bob Meiner earlier He drilled a bunch of this,
1:20:17 and a bunch of this area. They had a well on this land. Some others. Did he really? At one point, you know. Well, the '66 here, or on Savannah? Yeah, actually the other day, I was there for
1:20:26 Russia to found the augers that supported the rig or still on the ground. I love it.
1:20:32 Yeah, Bob's got three wells left. I think that man's drilled like 400 wells in his life. I'm sure. And he's got three wells left.
1:20:45 I was like, well, what do you do with these wells? So what am I selling to you? I was like, oh, all right. Okay. Sounds great. I can't afford them, bitch. Well, it's illegal talking. But,
1:20:55 you know, out of the
1:20:59 400 wells that he had, he's kept the three best, like crib to the crib. One of them was punched in
1:21:10 1937. It still makes seven barrels a day. That's incredible 3500 feet.
1:21:18 That's what I'm talking about. The creeper. What? The creeper's just stick around and they may be not doing anything. And then another reason to hold on somewhere, another reason you buy minerals
1:21:27 and areas like that is technology keeps changing. Yeah. And it's like that weird kind of thing. There were no plays going on up there, but we bought that interest anyways. And it was just a
1:21:38 junkie old stripper well. Yeah. No, times change.
1:21:45 try an example of that, the technology to change took that state from broke again to not broke again. They're doing great. Yep. You know, Chris Matahaw County and all that.
1:21:58 Yeah, New Mexico has it. Has I realized the value of that yet? It's for Apple, but they're 45.
1:22:06 Then some fiber work out there too. The worst though, no offense to anybody, it was California. Really? There was a bush around like King County, a bunch of old stuff was being renewed. And new
1:22:18 technology again, pushing different fields. I have a word. You hear the stories about Bakersfield, right? Yeah. Well, here comes this guy from Texas, lands in LAX, in California for the first
1:22:31 time. Never wanted to go there before, but get off the plane at LAX with my hat on, I get on the rental car shovel and everybody's sitting there out of seat. It makes like eight stops. The
1:22:47 terminals are just, there's so many terminals met her board. And then this little lady skid on and I get up and when here take my seat, she's like, what? Like, my mom didn't big bad if I didn't.
1:22:59 Right. So she sits down. Every guy there's looking at me like I'm insane. So to talk it off, get to the hurts place. And they don't have a car for me. It's on there for two hours. And they said,
1:23:12 we finally have a car for you, but it's not what you asked for, which was like mid-sized sedan or something. I was like, oh, what is it? An Escalade cheese. Actually, yes. It's that black
1:23:20 ex-glade right there. Okay, I don't fit in. And now I'm in an Escalade. And I was out of tobacco. Yeah. So I found the nearest gas station to the hurts at LAS and got out of the car and when I'm
1:23:35 getting right back in the car and I'm driving the bafers field where I'm supposed to go. I'm thinking, you know, this is gonna be a rough town Salud. The lightest people I've ever met were in let
1:23:48 town. And then you go to the courthouse and I said, I need to run some property records. Well, you're in the wrong spot. Oh, okay. The hall of records is where I need to go. Really? Sounds
1:23:60 amazing. It was two DOS or DOS computers. Green flickering cursor. And I'm, oh my gosh, I haven't done this since middle school. It was terrible. Running
1:24:15 the football in that place. Unbelievable For all the money that got in that state. The record wasn't so big, godly working here. Oh, yeah. But Baker's still not so bad till it start. And some
1:24:27 of the prettiest produce country I'd ever seen now. Stuck. Tug about being bad after dark.
1:24:35 I've got to get my
1:24:38 my whole fuse box in my truck. I've got to get replaced We're flying we're leaving for Alaska in a couple of days. Mm-hmm. Well, I'm going they're gonna replace the entire fuse box Under the hood
1:24:48 of my truck because I lost I lost power by foreign and I lost power to my windshield wipers I lost power that AC motor and I've been just running jumper cables to give my truck through and so wait for
1:24:57 blue parking So we get this part in so um, I was in Ketula last August sink at Tula That battery in that truck every nine months goes out Completely craps out a short summer. It's under warranty
1:25:14 with the right these a drive up. They leave me a new one Well over charging Um, it just gets too hot that engine apartment So anyways, I'm working on these wells in Ketula. That's hot I've been
1:25:26 idling for four days straight Driving the town Pull into the liquor store go inside to buy some whiskey. come back out, my trip won't start. It's nine o'clock at night in Katula. The lady has a
1:25:42 liquor store up until 11 she like can't take you to limit. I was like, well, O'Reilly's closes a tent. So I walk a mile and a half down Katula in the dark through downstown. Yeah. Do they get
1:25:59 a battery? This guy comes by on a motorcycle. It comes back by the motorcycle And it comes back by a motorcycle. Oh, tackles are up. Apparently these guys, there's like two or three guys that
1:26:10 just ride their motorcycles. Like in circles up and down like downs have to do. I guess they're patrolling their their turf, their territory. Um, policemen came by, bros under down. You're
1:26:23 right, son. Said, yes, sir, I got to get a battery to a rally. She said,
1:26:28 good luck.
1:26:31 So thanks. He He turned around and he comes back by and parts it from me and said, why did I drive you down there? I was like, I appreciate that. Thanks. Yeah, I was thinking I like sort of
1:26:41 found. You talk about being in an advanced spot.
1:26:45 I think that's also that's for most people to do field work
1:26:50 Yeah, but one of my favorite stories and one of my favorite stories about him was that I don't. I hope you get targeted him sometime about this. Yeah, he he's going down the sun ranch. And he
1:27:04 stopped at the same gas station every night to stop with you up the company car. And he was always going down the log wells in the middle of the night So the gas station owner lives there. And when
1:27:16 my dad would pull up, he'd come out. Death and help my dad out. And he said, there had been a problem with some of the exotics on this range. One of them was a hippo that had been killing cattle
1:27:27 and chasing rough necks. Wow. So you hear the story. Well, my dad has to go out and vlog. Well, it says it's about two in the morning. It's foggy. And I pull up to this gate, I get out, you
1:27:38 know, those mobile nighty yakes, headlights, or those old halogen ones. And if you step in front of the bean, you can't see anything. Yeah. He said, I'm there trying to get the combination on
1:27:47 this lock, and then on the other side of the gate, he heard, Oh, oh, oh, oh. He said,
1:27:53 I looked up, and I steered over, and that headlight hit this hip boat was right there. He said, I got in that car I drove back to that service station, spent the night, waited 'til summer ice.
1:28:05 It's like, I don't care if they need meto log well or act now. I'm not messing with it. It must be going in the morning. Oh, South Texas, man. Oh. I went to Pecos when Pecos just had the Pecos
1:28:20 in. It just ice him up, and we felt it. Checking, go work by the sky in a couple of wells Come back right at Thurg with me.
1:28:31 whole bunch of banditos.
1:28:33 And I was a little nervous that I was the only one none of that slaver staying in like this motel and I got asked to come out and drink all night long through the door and I did not sleep. I just sat
1:28:47 there in the bed. Come on sunrise. Come on sunrise. I think they finally drink enough of wet sleep. I just slipped out the door, got in my truck as fast as I could. I was gone. Have you heard
1:28:58 that song dirty Vegas merch help lose? No. I'm going to send it to heel drink. I got a name fake Rossi. Mm-hmm. It's pretty good stuff. All right. Two there credit. They weren't mean or
1:29:10 violent or anything. They just wanted to become party. Yeah. I was uncomfortable. Yeah.
1:29:15 They were having a party though and everybody else to join them. For party and your party too. Yeah. Yeah. Yeah. That's all field. We had a lot of my friends in the old field. Especially on
1:29:27 like the server side of the ripper side. It's like I'm getting money. Everybody's got love. Yeah, I've got beer. Everybody's got beer. You know, it's a it's very much It's like there's a lot of
1:29:39 like pride and ego But there's also like Everybody's here with me. We're all gonna do it. It's just yes. They're in my own world. Yeah
1:29:47 I'm out for him. You are if you're our own guests. You're gonna run into somebody that that was you or somebody, you know Yeah, by that first time of me. I Squeezed my way into a conversation a
1:29:60 group of men talking. I don't know any of them for matter and Somebody said something and I introduced myself. Oh, I know a lot. The jaw of the stem itself. It's like yeah Running the RC Myers
1:30:13 name up there ran into a guy that went to school with a friend of mine's brothers or a log technician in North Dakota. Mm-hmm. But that's a little while we need some vinyl on the Saturday night like
1:30:27 it's it's a small world. Yeah I'll give you this. Oh, I'm sorry, I'm right down the road. The, uh, no way, Rian. I sat across from him in Minneapolis. So I watched Kota and he's a way Frank
1:30:39 Quaira and it was me too. And I was like, really, I'm on Miller Lane Road and he's, oh my God. I'm just right now. You are really our neighbor was just sitting there across from
1:30:51 me. I was like, that's small word. I love it. Yeah. I, I was, uh,
1:30:56 I got a friend to win the boarding school with him in Austin He's from Midland.
1:31:03 And, uh, I was like, Hey man, I got this, this flu double gun, this dynamometer. So, you know, I'm looking for a little work and whatnot. And I said, yo, God, they think, you know, any
1:31:10 else will see the optimize. Like, um, you know, work with you, help you out. And, uh, so yeah, yeah, I call this, call this guy. He's got a well out there.
1:31:19 Limestone counter. Maybe, uh, there's a free stone. Anyways, yeah, limestone can. Maybe this anyways, up there. and to like sell the Dell as a waste. So I go out there and I'm working on
1:31:33 this whale and I know another operator that's had some whales like kind of in the area ish in the same formation. And so I called him, I'm like, Hey, Tom. And Tom's become a good mentor of mine.
1:31:45 I was like, Hey, Tom, when do you know aboutthe Pettus formation or the Pettit?
1:31:50 And he was like, Oh, hey, Pettit. I was like, Well, you know, what about water? You have to outrun the water on it. He's like, Yeah, some of them you have to outrun the water I said, Some
1:31:58 of them, you know, the oil cut comes in pretty quick. He said, I know a couple of the outrun the water. I said, Well, this guy had, you know, perps in the roadessa, and he came up and shot
1:32:08 the pettis, and now we're trying to get out ahead of the water. And I said, But the heavily been able to make anything. And he said, You're on the bottom number one, aren't you? And I'm like,
1:32:17 Yeah, how did you know that? He's like, There's a fellow by the name of own it. And I was like, Yeah, it sure does. How do you know that? When he used to be my geologist, I gave him that well.
1:32:29 I was like, all right. He's like, well, any question you have about it? Go ahead. It's like, what a small world. And he put a failure like that, you know, where it was. But the question was
1:32:41 asked, but he can't go very far. Like, you run it into the RC. minor in North Dakota. You can't go very far without being
1:32:54 two degrees separation, one degree of separation in the whole field. It is crazy. People get around.
1:33:02 And with that, like, you've got to - your name is all you have. Yes. You know, it carries you in three, where? Period. Somebody's going to know somebody that's going to ask about you. And if
1:33:15 you screwed them over - Yeah, and then you don't. And if you screw up, that's a big deal. But Dad told me one time, said, you know, geologists can go out with your other couple of dry holes but
1:33:25 he fads him on the back. He just moves on to the next one. Landman screws up the title and he never works again. Yeah, that's, that's the truth. I mean, like, bottom man on the totem pole,
1:33:35 basically, but yeah, there's a lot riding on it. Yeah. And he, he just, he can't walk on eggshells. Yeah. And I've always refused to, and
1:33:48 I take some people off. Yeah. I've been told not to call a certain person again that they'll handle the rest of it,
1:33:56 you know But, yeah, I mean, the thought you got, the man your reputation, and you've got to stay honest. Yeah. Do you need trumps back grand? Oh, yeah, don't care who you are as recurs.
1:34:09 Little five. Yeah. Yes, are you out for good?
1:34:14 He ain't trying to drag me back. No, I'm just wondering, and like, I don't know. I mean, it's alluring. I can't get away from it. Yeah. Like the other day, we were out of town you want me to
1:34:26 go try and start punk channels. Oh, man,
1:34:30 well, maybe we should start picking up the lease or two here and there. And it's very playing the game. Start talking with my dad about, you know, yeah, it's,
1:34:40 it's a sickness. It really is. Yeah.
1:34:45 Yeah. Some people like to rebuild old cars. We were able to build like old separators and seeing that's the side. I've never played. Yeah I, I grew up going out on walls with my dad. I wanted to
1:34:58 be a ref neck, you know, at some point in my mom's. No. Yeah. So why are you on? We good for me. So every chance I got, I went with my dad. Yeah. Uh, we were forgotten or chummy at what is.
1:35:12 I was said in T. I bought like had maybe2, 000 from working all through high school. And my dad and one of his buddies, let me buy the smallest possible, position in a well. That they were joy,
1:35:28 but I was, I just had to play. Yeah. You know, I had to like just figure this out for myself. The pressure I applied on the color blew out while we were there. Oh man. Which set me to the crown,
1:35:39 you know, we're all ears ringing and every again was like, oh, no, I gave right in my mind. It'll all be a good upgrade. But, and that can't end. And it paid for my first year's tuition. And
1:35:50 I was just like, oh my gosh, I don't know what I'm gonna have free school Now that that, you know, one year was good, but it's just that was probably the first little taste where, you know, I
1:36:03 wasn't even thinking about it. I had my eyes set other directions. I wanted to play football. And that crapped out my shoulder. I wanted to, you know, pursue, make medicine ordinary things.
1:36:12 Yeah, I just ended up back in it. Then fails. I love it. I've seen people leave and come back And,
1:36:23 well, not to talk in circles, but there's a misty, there's another lure to it.
1:36:29 It's just fun. And then Lynn's also what you've done your whole life. Yeah. You're comfortable with it. You're getting comfortable with the handle. You're getting comfortable with it in the
1:36:38 comfort. Well, the people are evolving with it too, for sure. You know, there's a lot of,
1:36:44 there's a lot of, even on these conventional wells, there's a lot of technology where,
1:36:49 like you don't have to have a pump or go by every day. You can look at it from a camera where you can get some sensor data, Oprah's cell that work to look at You know, like, you know, Christmas
1:36:59 tree. I've seen that as, it's amazing. Yeah. Yeah, there's a lot of evolution in it. You know, folks, Bitcoin mining on so do the extra gas that comes off these commit trolls and whatnot.
1:37:11 Like there's a lot of evolution to it. It's always changing and it's not like it was in 1950, yeah. But to a large extent, it is the exact same as it was here. So that pub jack,
1:37:28 on the Savannah Range Nipper Ward. It's a Bethlehem unit. From Oklahoma. Built like 1946. Yeah. It's old. Oh, but she's good. That's pretty. She got good balls. She got good balls. Let me
1:37:44 get a little more whiskey. Okay. Yeah. So why'd you all know when it's from Oklahoma? You could quite want closer to the land? So the guy that was operating it, I think at the time,
1:37:55 you know, that almost really we went to being like it Nobody was making new equipment in, you know, people were selling their drone companies because it had picked up, they were just selling their
1:38:05 equipment locks off the barrel. We couldn't find anything. And he had found that one in Oklahoma. He had it all the way down where? That was 2008.
1:38:18 Let's see, oil was about
1:38:22 70 something to barrel. Don't mean to get much heat, though. That, how you know me? I mean, no, I'm young. Yeah, yeah, oil was probably seven to go, there's a better oil when y'all were
1:38:31 doing that. But that was also when everybody was still cautious. Yeah. You know, that low had been so bad and so long. Yeah. Everybody was just either exiting the game. There were a lot of
1:38:43 people that fled when that came up. It was like, I'm out, don't blame them.
1:38:50 And everybody was just super cautious. Nobody was piper expanding or anything that was before the major shales really took off And nobody was just, no, blazin' gourd. Everybody was still real
1:39:03 cautious once bit and twice shy. You know, and I saw that in North Dakota when I was up there. I didn't know that that area like Watford City was a boot out until like out there. You know what I
1:39:14 mean? They had placards up. There was actually a memorial of laymen.
1:39:21 Yeah, and something here was gonna low cray. All right, then I saw it picture that somewhere, but does. They, they're chambered commerce. When everything started to blow up again, people
1:39:33 wouldn't, the housing was impossible. I stayed in the garage apartment. I had met a couple of guys before I worked there were living on a barn loft. You don't want to make a clique? Everything is
1:39:43 40. Oh yeah, and everybody, the funniest was the people with the laymen that traveled up with travel trailers. Makes sense everywhere else in the world. But the travel trailer that you bought in
1:39:53 Austin is not weather rated for North Dakota. Yeah, I could imagine that And I heard horror stories, yeah. Gray water froze, busted pipes, like just everything. Or you run out of propane in the
1:40:04 middle of the night before you can wake up. Yeah, you're in a poxible. Yeah, you got to make a theory. You're in bad news, yeah. So, yeah,
1:40:15 they wouldn't let anybody build a new hotel. Everybody that came out there looking to provide housing or accommodation, they said refurbish the old ones, and then we'll talk. And so there was like,
1:40:29 I think it
1:40:31 was a holiday and express that looked like it. We built in 1962 because it was, you know, it was just an old building, old, uh, yeah, underbought building. I was staying in the walk for dinner.
1:40:42 I was very grateful to hat, but it was center box built into the side of the hill. Right. It was the white. Yeah. I know where you're talking, right? They're like five rooms. Yeah. I wasn't
1:40:52 one of those five. Had salamanders at night after it rained and coming to your room You see the bed spirit we like. But you weren't a far walk from the bar. I didn't go to the bar.
1:41:03 That was my introduction to the things that followed the oil field too. And if you were at a hotel, there would be knocks at your door. And you didn't answer them. No. No, weren't it. Not worth
1:41:16 it. Yeah. I did. That also was introduced to how they'd spray for mosquitoes in North Dakota No, yeah.
1:41:24 Well, certainly it's probably and that was another trip is how much they like. there is that far glory. It'd be almost been like in the sun still up. I'd be working after hours in my no hotel room
1:41:36 and then all of a sudden I heard the roar of like a C-130 and I was like, oh, that's like, that's gotta be a huge military fun. And I'll walk out of that door and you know that it was, it faced
1:41:45 that valley, C-130. Oh, right over it's just this hide, right there in the bank, real hard. And then the manager comes out and goes, y'all my way to go inside. That's how they spray for
1:41:56 mosquitoes With military great equipment. Say how big are these mosquitoes? Okay. I'll go back inside. So the highlight there was, for me, is that was where I was introduced to cattle auctions
1:42:12 on TV. Oh, place to create your livestock. Yeah, it was coming out. Oh, that was magic, you know. That's how you do it. From the comfort of your old honey. Well, if you want to sell cows,
1:42:24 if you can sell calves, to 70, 000 pounds at a time as a lot. You'll get 15 to 20 cents a pound more. We're doing it by selling it as a uniform lot that you can have a truck load. It's about 50,
1:42:37 000 pounds where you add a ton of them. So yeah.