I’m unsure of the reduction in cost of wind towers since I last posted, but I can confidently say that it now costs under 4 million for a Bakken Well.

Total drill time start to finish is consistently under 14 days (Usually around 10.5-12). The cost to drill a Bakken Well is approaching 1/4 what it cost in 2013.

What Changed?
* Drill bit technology is much better
* Down hole tool reliability is better and the data is better
* Pumping systems are better Helps^
* Oil Companies are drilling in areas they are familiar with. (shallow learning curve)
* The slow rigs are currently stacked because of low prices
* The staff is mostly composed of veterans due to low oil prices
* More jobs have gone remote so one guy is doing the job of two or more people.

…. The other good news here is that the price of solar has been falling like a rock so it should soon be able to compete directly. (I’m actually thinking that is partly why the OPEC countries pushed up production) It’s time to get it out of the ground before it loses any more value.

I’m afraid you are ill informed on the cost of an utility sized turbine. They are 2-4 million installed. Oil wells in the Bakken are about 8 Million so one oil well is about equal to the cost of two wind turbines. It should also be noted that oil wells in the Bakken are very complex and involve drilling two miles down then two additional miles laterally. By comparison many wells around the country would be way cheaper than building a grid scale wind tower. A simple vertical well could be finished in a mater of days.
http://www.windustry.org/resources/how-much-do-wind-turbines-cost

I would say your information regarding reserves is about 7 years out of date. Seven years ago I would have agreed with you.

Please compare an oil well with a whole wind farm and then the power of wind will be revealed.