Ha ha I'm a clown
Ease up a bit Woody, some really good history here about sand/salt domes or haven't you yet realised GGP/VIL are sitting on something they consider big with Fausse Point, just at this stage no-one knows how big.
"Oil lands rapidly grew in value, but an effort was made to make room for all of them on Spindletop. Many acres were divided up into 1-64ths, which gave room enough to drill a gusher."
Don't you just love this bit, 1/64 of an acre spacing, that is 75 sq yards or 680 sq feet
Or look at it in comparison to houses, a large house on the Gold Coast canals is around the same area of 68 squares (680 sq feet) or 63 sq meters.
- Forums
- ASX - By Stock
- lakeview gusher 18,000 barrels a day uncapped
Ha ha I'm a clownEase up a bit Woody, some really good history...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)