Replies to This Discussion

Permalink Reply by Antiqued Rose on January 24, 2012 at 6:53

HooBoy, I'll watch. I'm a closet reality show watcher and now, after the comments, I'll tune in. Did see some promos and they looked too hokey and exploitive but it does have potential.

I watched some of the Black Gold reality shows (forgot the channel) and those wouldn't have caught my eye two years ago.

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Permalink Reply by olddog573 on January 24, 2012 at 8:03

Blak gold was good before they started all the cussing. It was good when they focused on the o/g exploration. Now there are too many cuss words for my liking.

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Permalink Reply by Antiqued Rose on January 26, 2012 at 7:03

I'll look for the old shows of Black Gold and record those for watching on cold rainy days.

The Bayou Billionaires was okay but the stiff upper lip music played when showcasing anything about the Shrevesport Country was hokey at it's best. And just like The Beverly Hillibillies from way back, the folks interested in helping mineral owners with mailbox checks part with their money will line up with smiles and wily ways.

The redneck vacationers might be worth another look, but it was just plain bad.

I like how the Gardens and Guns magazine reps the South.

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Permalink Reply by olddog573 on January 26, 2012 at 9:28

I will continue to watch bayou billionaires but I actually preferred the redneck vacation show. I just don't get into the look how much money I have shows .

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Permalink Reply by Hopeful About Natural Gas on January 26, 2012 at 10:07

Guys, I have worked in media before and in general it's usually a bad idea to be interviewed unless you can control a lot of the conversation.

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The sad truth is that many people are both jealous and covetous (they want your money) and people ALWAYS imagine an oil or gas well as huge.  Many people watching this show will actually believe the "Billionaires" part of the title. People magnify the sizes of o&g wells that they believe other people own. 

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It's best to do what our parents said - don't brag and don't lose touch with your own people.

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Permalink Reply by olddog573 on September 16, 2012 at 12:38

Reality show it isn't because checks getting bigger and bigger aren't reality.

 

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Permalink Reply by Krkyoldhag on September 17, 2012 at 1:33

Maybe their royalty checks that are getting bigger and bigger are the ones from the TV contracts.  For my part, I cringed when I watched the show.  It showed a reasonably smart man who built a business (HIMSELF) and provided for a large extended family from that business.  It appeared that he had worked hard most of his life.  But the family ..the only one with any sense was the grand daughter who knew she didn't belong in a beauty contest.  So far as the country club episode.. they were making fun of the club members more then the Billionaire family.  I thought the club members behaved with grace. 

I think people do the best they can..we all are not Rhodes Scholars.  'But then we aren't low IQ either. 

Maybe an episode showing the diminished checks and how a family that has grown accustomed to those checks manage would be a better reality.

Hope Gerald kept up on his taxes.

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Permalink Reply by Antiqued Rose on September 18, 2012 at 5:51

Got my DVR to record this season's episodes of BM, didn't know it had started. Also gonna check out Redneck Rehab. Already enjoying American Hoggers and Shipping Wars on A&E.

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Permalink Reply by Krkyoldhag on September 20, 2012 at 8:48

That little 60 acres at 20,000 an acre sign up made Gerald more then a Billionaire..and if he owned 100% of the minerals he got a nice amount for several years.

I am betting he didn't spend it all. 

Good for him.

The show sure has that Kardashian crap beat all the way. 

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Permalink Reply by Parkdota on October 29, 2012 at 4:28

They aren't making money so the focus has moved more to the characters.  I'm guessing they are making less than 5k a month total.

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Permalink Reply by Krkyoldhag on October 29, 2012 at 5:54

There is a family near here that I have been watching from the time they got the first check and then 11 wells drilled over past five years.  They are not nearly as entertaining as the Billionaires.

It has been very interesting how the owner of the mineral rights has chosen to behave.  Her adult offspring and grand kids have all had their hands out.

One daughter needed tuition for two of the grand kids; One son had a house under water with $3000 a month house payments to save it; one 35 year old son quit his job and decided he wanted to go back to school. He's taking one on line course a semester,  One daughter refused any funds except she accepted a $20,000 horse for her 12 year old and an Apple computer for each of her kids;  They have taken cruises, trips to Disney Land and Las Vegas..you name it.

You can do the math..those wells needed to just keep on pumping to cover all this.

This is a sad story.  She didn't pay her income taxes and gave each of them a high limit credit card which they have kept maxed out.

Now the checks are low low low and last I heard was she was hocking jewelry just to keep up on the payments she obligated herself for.

I know that we read about lottery winners who end up broke so this behavior isn't unheard of.

By the time the production increases on the wells she will have either sold her mineral rights or lost them to IRS.

Would not want to see this kind of thing played out on CMT.

I said earlier that I thought Gerald had the good sense to protect his investment.  I hope he does not prove me wrong.

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Permalink Reply by Parkdota on October 29, 2012 at 7:20

They'll be fine. They're smarter than the show depicts. They have over 100 acres with only 1 drilled HA well and are likely to inherite a portion of another 100+ acres. The likely payout of 200+ acres fully produced is over 10 million on the low side not even counting the Bossier and Smackover plays.

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