Michael Slavin
๐ค SpeakerAppearances Over Time
Podcast Appearances
And when I say smaller, I guess they're pretty large.
They may own 50, 60, 150 wells or more.
And they may be revenue of...
30, 40, 100 million a year, but they're smaller.
And they're always looking for partners because almost everybody in the business, except the huge guys, they're looking to bring partners in to offset the risk.
So what's it cost to drill well?
Depends on the kind of well you're drilling.
I mean, you can drill a tiny little well that's, you know, just very shallow with no pressure for a million bucks or so.
And of course the huge wells offshore and stuff can be just multi-millions, you know, $30 million and that kind of thing.
No, I mean, if you have a dry hole, you lose it all.
So what was your biggest loss?
Well, I've done very well.
I mean, I have everything I need, everything I want, you know, and I guess about two and a half years ago, I really wanted to get back.
And the long version of this is I started writing a book about goal setting and all the stuff everybody knows.
And it just it wasn't unique.
It wasn't special.
I just couldn't find the right focus.
My son, who's brilliant, he looked at it and he said, it's not very good.
You need stories.
Yeah.