For mineral owners only: if the price of oil drops to $40/bbl, would you want to drill a new well at $40/bbl, or when oil is back to $100/bbl?
- Drill a new well when oil is at $40/bbl: 11%
- Drill a new well when oil is back to $100/bbl: 44%
- Drill whenever; it doesn't matter: 45%
Now, for the new poll. Lynn Helms suggests that we will see upwards of 198 rigs in North Dakota this summer. So, the new poll:
On the morning of August 14, 2013, will there be fewer than 190 rigs actively drilling in North Dakota; 191 - 200; or, more than 200?
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