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Mailbox Money - Royalty From Oil Mining |
At 101, Anne Friar Thomas has seen lots of booms go bust in the Texas oil patch.
But the trouble out there in the Eagle Ford shale fields is getting mighty close to home. In fact, it’s reached her mailbox.
Like other big landowners here in DeWitt County, Thomas has profited well from the shale-oil rush.
Every month, the royalty checks arrive — payments for letting the likes of Marathon Oil Corp and EOG Resources Inc drill on her spread near the head of the Old Chisholm Trail.
But the trouble out there in the Eagle Ford shale fields is getting mighty close to home. In fact, it’s reached her mailbox.
Like other big landowners here in DeWitt County, Thomas has profited well from the shale-oil rush.
Every month, the royalty checks arrive — payments for letting the likes of Marathon Oil Corp and EOG Resources Inc drill on her spread near the head of the Old Chisholm Trail.
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