Legendary Texas Wildcatter’s Granddaughter Makes Energy’s Riskiest Bet
Forbes Daily Briefing
Forbes
4.4 • 18 Ratings
🗓️ 21 June 2026
⏱️ 6 minutes
🔗️ Recording | Apple Podcasts | RSS
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| 0:00.0 | Okay, Micah, what do you want now? |
| 0:03.0 | Roy, it's coming home, baby. |
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| 0:11.0 | Well... |
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| 0:24.6 | Okay, Dan, a bit. |
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| 0:29.9 | 18 plus gambleaware.org. |
| 0:38.3 | Today on Forbes, legendary Texas Wildcatter's granddaughter makes energy's riskiest bet. It's almost 8 a.m. when Gloria Moncrief arrives at her oil firm's hangar at Meacham Airport in Fort Worth, Texas. |
| 0:46.3 | She climbs into an eight-seater Cessna citation, explaining that her Boeing 737, Lucky Liz, is in the shop. |
| 0:59.0 | The flight to a small airfield in southern Louisiana takes about an hour. |
| 1:04.7 | Then it's a 45-minute drive along the levee into the Atchafalaya River Basin, |
| 1:10.0 | the largest swamp in North America, followed by 15 minutes on a flat-bottomed boat, |
| 1:13.6 | past alligators, nesting bald eagles, and fishermen muscling their bass boats into the bayou. |
| 1:16.6 | Rounding a bend in the waterway, the boat arrives at a giant drilling rig with a 150-foot-tall |
| 1:22.6 | Derek and roaring engines. |
| 1:24.6 | Tall and thin, decked out in jeans and knee-high ostrich skin boots, |
| 1:29.2 | the 44-year-old Moncrief steps onto the rig, where a handful of mud-covered roughnecks |
| 1:34.1 | maneuver 40-foot lengths of steel pipe with massive hydraulic tongs. |
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