Citi-go I believe is the ones working it. They just said they were “suspending” for at least six years. Doesn’t sound dry to me. I do know they had me sign a new lease. I don’t know I just know I am in the “oil business” with no money. They have offered to buy them so that tell me that there is something still good there.03Lightningrocks wrote: ↑Tue Mar 08, 2022 6:43 pmIt sounds like the wells have run dry.powerboatr wrote: ↑Tue Mar 08, 2022 6:30 pma friend of mine also in wood county has several on his deer hunting land...he used to be rolling in the dollarscarlson1 wrote: ↑Tue Mar 08, 2022 6:08 pm I own four wells that have produced a huge $12.00 in 2021. They are not even pumping anymore. It has been that way for about 8 years. My grandmother passed them down. They are in Wood County and they just sent a letter saying they were suspending them until a later date.
same story they seem to stop pumping.
we have 6 on our highway to town on 154 and all 6 sit idle not running
but this morning on hwy 37 towards mineola one was pumping
there has to be a reason ?????? why or what i would love to know
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Return to “Texas could be self sufficient?”
- Tue Mar 08, 2022 7:06 pm
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- Topic: Texas could be self sufficient?
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Re: Texas could be self sufficient?
- Tue Mar 08, 2022 6:08 pm
- Forum: Off-Topic
- Topic: Texas could be self sufficient?
- Replies: 13
- Views: 5113
Re: Texas could be self sufficient?
I own four wells that have produced a huge $12.00 in 2021. They are not even pumping anymore. It has been that way for about 8 years. My grandmother passed them down. They are in Wood County and they just sent a letter saying they were suspending them until a later date.