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This is 377 on 11,000 acres. Put together 50 acres at a time. Seven largest arein the same situation as you. Four of 'emhave already committed. But your royalty rateis not 18% anymore. It's 25. Now,you can wreck that wheat field, hope to make 200 a year, or we can rework these wells,and I can pay you that a month. You run all the cattle you want.Who cares what they cost? That's how it was in the '70s. - - Well, power's in the numbers. A group of small producersbecome a big producer
Full Transcript
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Cooper sighs
00:00:02.268 --> 00:00:05.898
This is 377 on 11 000 acres
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Put together 50 acres at a time
00:00:08.658 --> 00:00:11.148
Seven largest are in the same situation as you
00:00:11.178 --> 00:00:12.738
Four of 'em have already committed
00:00:12.798 --> 00:00:15.528
But your royalty rate is not 18 anymore
00:00:15.708 --> 00:00:16.818
It's 25
00:00:17.328 --> 00:00:19.908
Now you can wreck that wheat field
00:00:20.118 --> 00:00:21.708
hope to make 200 a year
00:00:22.398 --> 00:00:25.338
or we can rework these wells and I can pay you that a month
00:00:26.058 --> 00:00:28.998
You run all the cattle you want Who cares what they cost
00:00:30.948 --> 00:00:32.658
That's how it was in the '70s
00:00:33.858 --> 00:00:35.278
chuckles Well power's in the numbers
00:00:35.768 --> 00:00:37.918
A group of small producers become a big producer
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Movie Summary
A modern-day tale of fortune seeking in the world of West Texas oil rigs.
