That would be correct. We are now in the manufacturing stage. The manufacturing stage was forecast about a year ago.
This is the neatest bit of trivia. Anyone who has a well in North Dakota (any mineral rights own) will eventually have four wells; some will have eight wells; a smaller number will have 16 wells, and maybe more. But when this all started, folks were happy if "their one well" came in. They had no idea, and some still do not, realize that they will eventually have 4, 8, 16 or more wells.
If the boom is over, I would say most North Dakotans would be thrilled; now to move into the even busier manufacturing stage.
http://www.theatlantic.com/business/archive/2013/02/is-north-dakotas-miraculous-boom-already-over/273072/
ReplyDeleteThoughts?
That would be correct. We are now in the manufacturing stage. The manufacturing stage was forecast about a year ago.
DeleteThis is the neatest bit of trivia. Anyone who has a well in North Dakota (any mineral rights own) will eventually have four wells; some will have eight wells; a smaller number will have 16 wells, and maybe more. But when this all started, folks were happy if "their one well" came in. They had no idea, and some still do not, realize that they will eventually have 4, 8, 16 or more wells.
If the boom is over, I would say most North Dakotans would be thrilled; now to move into the even busier manufacturing stage.