Texaco had an oil lease in the Oklahoma panhandle. The farmers had written into the lease that they had to drill an exploratory well within so many years or lose the lease.
They had forgotten about the stipulation until the farmer who owned the land called to ask when they were going to drill it.
The geologists told them there was no reason to expect anything. The reservoir department calculated there was still enough recoverable hydrocarbons to justify the cost to retain the lease, so they drilled.
I wouldn’t mention this had it not led to discovery of large new reserves and much more money for all parties involved.
……………………..
Maybe they’ll discover something worth more than gold. Exploration tends to work out that way.
LeeCox about 5 years ago
juncarlo about 5 years ago
Three weeks of paid vacation and several months in the dungeon with bread and water.
pschearer Premium Member about 5 years ago
Expedite right away! And that’s why they’re called expeditions. (I knew a man arrested for expositioning himself in public.)
cholomanaba about 5 years ago
mmmmhh….. it sounds like Id is acctually known as Spain…
jpayne4040 about 5 years ago
Oh nice! Enjoy that, Rodney!
jagedlo about 5 years ago
hopefully, this ends up better than Rodney’s last time aboard ship (see Sunday’s “Wizard of Id”)
sandpiper about 5 years ago
Well, at last!! Rod is showing promise as a sly guy.
vaughnrl2003 Premium Member about 5 years ago
We ‘believe’ is often followed by we ‘were wrong’. They spent your money anyway.
dragonbite about 5 years ago
Ah, if only my boss was so gullible (or greedy)
WCraft Premium Member about 5 years ago
In those days and under those conditions, I think it would be the opposite of a vacation!
blakerl about 5 years ago
Thus is the fabled beginning of The Spring Break cruise and a good time was had by all. Rodney: Did remember the BEER this time?
Senex about 5 years ago
He seems to get good mileage to the galleon.
flagmichael about 5 years ago
Somehow I doubt galleons are not as luxurious as cruise ships.
David Huie Green LosersBlameOthers&It'sYOURfault about 5 years ago
Texaco had an oil lease in the Oklahoma panhandle. The farmers had written into the lease that they had to drill an exploratory well within so many years or lose the lease.
They had forgotten about the stipulation until the farmer who owned the land called to ask when they were going to drill it.
The geologists told them there was no reason to expect anything. The reservoir department calculated there was still enough recoverable hydrocarbons to justify the cost to retain the lease, so they drilled.
I wouldn’t mention this had it not led to discovery of large new reserves and much more money for all parties involved.
……………………..
Maybe they’ll discover something worth more than gold. Exploration tends to work out that way.
Troglodyte about 5 years ago
Belief is everything, eh Rod?!
cuzinron47 about 5 years ago
Yes a three week vacation. Now go man your oar.