My dad’s nearly microscopic interest in a Texas oil well was his pride and joy.
My dad’s father passed away when my dad was very young, which is probably why he was so attached to that oil well. It was the only connection he had to his father and west Texas land that his family once owned.
When the fracking boom hit, my dad started getting royalties on a new horizontal well. It wasn’t much, but it was really exciting compared to the few dollars he was getting from the original well.
He’d give me well updates during every phone call and I’d give him hell about supporting fracking and destroying the earth.
Until he died.
The entire contents of his house were declared a biohazard, so all I had from my father was the mineral interest in these two oil wells.
The weirdest thing happened – I became so attached to his mineral interest that fracking and the fossil fuels no longer bothered me (I did put some solar panels on my roof to balance my karma, though).
After splitting my father’s mineral interest with my sister, I realized that this little oil royalty made me so happy and gave me an ongoing connection to my Dad. I wanted to be able to pass the mineral interest to my kids one day, but by the time they split the interest, it would be worth even less.
So, I set out to educate myself. I met a fantastic landman and he helped me buy my first mineral and royalty interests. As time passed, I became more fascinated by the oil and gas industry.
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]