Taxpayers Could Be on the Hook for Trillions in Oil Derivatives:Elizabeth Warren and Representative Maxine Waters came close to killing the spending bill because of this bailout provision. But the tide turned, according to Waters, when not only…See More
"Thank you for the process info Mike.
In our case, BBX made sure the heirs to the mineral rights acreage had our title documentation in place before they would begin drilling.
We were also informed by BBX that their policy is to pay out royalties…"
" Should the swing producers really be setting prices for the entire market? They're only prividing the final 5% or so, and it's not even in the same cost ratio. It's like Ford buying American tires for the road and Chinese mini…"
"No, haven't looked in a while at the wells but the courthouse was packed in Crowley when I was there a couple of months ago and they were all maybe working for McMoran. Jim Bob said a year or so ago that this play was going to put the shalers…"
"But that can't happen because the US is causing the glut. In the last year alone the US has increased production by 1.1 million barrel per day. Even with falling prices since July1 to Nov. 30, the US increased production by 641,000…"
"So lets say they did cycle prices like that. After they shook out the competition and then drove the prices back up, how long would it take the competition to get back into the game? How long, say time wise, would cycles take or last, prices going…"
"Kind of hard thinking of the Saudi's as the stewards of a stable world economy with crude prices being held around a hundred bucks for the last several years..It's just now they are beginning to get cut out of all of the share they've…"
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More