Drill here! Drill now!

Picture of the Moment

Although I have a lot of books and online resources concerning everything in Southern California, last week I discovered an online resource that lists places of which I was not aware, and which aren’t in my books.

I suspect it’s because my books are ca. 1989-1998, and some of the places I discovered at this new online resource were built or created later than 1998.

After browsing online, I picked a site that’s not too far from me to check it out last weekend.

On my leisurely drive, leisurely because I’m always on the lookout for things to photograph, I saw this huge sign on a residential fence:

Drill here! Drill now!

Pictures copyright 2012 Russel Ray Photos

That reminded me of my time at Texas A&M University when I was looking for a Greek organization to pledge. One of the organizations I was considering was Sigma Chi.

Fraternities at Texas A&M University in the mid-1970s were a new thing because previously they were prohibited as recognized student organizations. As fraternities and sororities started establishing chapters at A&M, they had to do so off campus without all the benefits that recognized student organizations got. Thus there are some huge fraternity and sorority houses in College Station, off campus. One of the largest was the Sigma Chi house. If I remember correctly, a rich Sigma Chi alumnus had lent the money to build the house on several acres of land.

Shortly after I had decided to pledge Alpha Phi Omega National Service Fraternity instead of Sigma Chi, they discovered oil under the Sigma Chi land. Rumors at the time were that the oil company which obtained the drilling rights had paid the Sigma Chi chapter $1.2 million, as well as 10% ongoing royalties. Oil companies probably still pay a large sum initially for drilling rights, so the people who own this house are hoping for that initial large sum.

I wonder if drilling rights include fracking rights….

Pictures copyright 2012 Russel Ray Photos

This post approved by Zoey the Cool Cat

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9 thoughts on “Drill here! Drill now!

  1. Joanne Corey

    Leasing mineral rights definitely would mean allowing fracking, in places where it is permitted by state policy, although those wellpads take at least five acres of land, which is not likely to be had in a tightly packed residential area.

    Liked by 1 person

    Reply

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