Don’t Worry California, Texans will Eventually Figure out How to Get Your Oil

May 23, 2014

 

(Guest Post by Matthew Ladner)

So the bad news for California just keeps rolling in-turns out that the technology is not just there yet to get to more than a fraction of California’s 13.7 billion barrels of tight oil.   Not to worry Keanu, Texas wildcatters are getting better at the drilling techniques all the time.  Meanwhile in Texas, Mark J. Perry notes that in human history there have been 10 oil fields that have produced a million barrels of oil per day, and two of them are operating in Texas right now, largely thanks to the 18 years of visionary effort from the great George P. Mitchell.


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