This week on Mining Money, Brandon Davis, CEO, Imran Khan and Jeremy Pate of Swan Energy are live on location at Cowboys and Indians restaurant in Houston, Texas. Taking the wild ride of deals is discussed as Davis explains how they ended up investing in the Permian.
Curtis Shuck, Well Done Foundation, talks about the emerging issue of orphan wells in America. Shuck explains the difference between orphan, abandoned and shut in wells. There are many layers to the issue of orphan wells in America. Generally speaking, the landowner or surface owner is responsible for the problematic wells, whereas, many expect the responsibility to shift over to the state or industry.
Daniel Stenberg, McKenzie County Economic Development and Job Authority, gives an update from the heart of the Bakken oil field. Watford City and McKenzie County are considered the “hot zone” for the Bakken and have been seeing an increase in births at their local hospitals as well as opening a second elementary school.
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