Building Independent Oil & Gas In Texas with Reed Goodman
Reed Goodman on the Local Energy podcast: running Jaybird Resources, drilling wildcats with War Turkey, and the risk in old wells.
Peter and Wade talk with Reed Goodman, a small operator and consultant who grew up around his family's compression companies.
Reed describes running Jaybird Resources, about 40 wells with no partners or debt, alongside War Turkey, which drills wildcats with private equity money.
He explains the risks of taking on old wells with poor records and recounts shutting the valve on a leaking orphan well. Reed argues the industry needs more conversation about long term plugging liability.