02/08/2021
LAND OWNERS! NOW is the time to find out if there is OIL under your land.
The move away from Hydrocarbons toward Alternative Energy, started years ago and at first it was happening at a very slow pace.
Now, this process is going to rapidly accelerate as subsidies are increased toward Wind, Solar, and other energy sources. At the same time we can expect policies to continue to be enacted that will make Oil exploration. harder and harder.
The wheels moving away from Oil have been set in motion and they will not be reversed.
Just one example is General Motor’s plan to stop selling gas powered cars by 2035.
Just how fast Oil is displaced by other energy sources is anyone’s guess however a lot of explorers I know are planning on a 10 year window before we see the real beginning of the end of the Oil.
The good news is, Oil prices are likely to enjoy some high prices not seen in years, over the next 10 years or so.
The reason is, domestic production will likely continue to fall as various policies and incentives push the industry away from Oil and toward other sources.
There will be a time period where Oil is under produced yet we will not be ready to replace each barrel with an alternative source.
In my opinion, it is during this transitional time that Oil prices could be driven high by an actual Oil shortage and many of us feel that will occur in the next 10 years +\-.
At some point in the future the majority of Oil left in the ground will be left there as a “stranded asset”.
If it’s not economical to extract and there is no profit in selling it, it will simply be left down there.
This is why it is important for land owners to find out now if their land has any Oil production potential.
Finding out now, allows time to drill and extract the Oil before it reaches that “ stranded asset” point.
In fact you want to be prepared to produce it during what I call “ the last run of higher Oil prices”.
RRT uses a non-conventional technology to determine where Oil reservoirs are likely to exist at depth. We use the same technology to determine where barren (non-prospective) tracts reside.
Our HMPA technology is much cheaper than 3-D seismic and the testing is conducted by simply driving a specially equipped 3/4 ton truck across the tract of interest.
It’s a very non-invasive technology.
If we test your tract(s) and it tests favorable, we can help you market your prospect to a prospective Oil operator to get it drilled.
We have several operators that work with us on a regular basis.
You will receive a map of your test results so you are free to market or drill your own prospect as well.
If your land looks very prospective, many operators will reimburse you for our testing costs at the time of leasing and drilling.
Back in the days of $100 Oil, operators just randomly leased land by the thousands of acres and explored it usually using 3-D seismic.
I do not expect to see those days return because most companies see what I see coming in the future, and their capital spending is going to be very selective.
In other words they will need a good reason to drill on your land other than just “ speculation “.
Our job is to give them that reason.
If you would like to know what it would cost to survey your tracts, call us at 316-772-3475, or email us at theriskreducers@aol.com.
To learn more about our technology you can visit our web site at www.riskreductiontechnologies.com.
You can also email me and I will send you a Power Point presentation on our technology.
We can also furnish industry references on request.
*Please be aware we cannot guarantee our results will be positive.
Further, we cannot guarantee even with positive results, that your land will get leased and drilled.
Finally, we cannot guarantee if it is drilled, that the well will be commercial.
Have a great week!
Gary Hainke
Owner
A DIVISION OF ENTERPRISE COMMUNICATION CO. Gary Hainke, Owner Wichita, Kansas 67205 (316) 772-3475