" If the political climate (as in newly elected officials) changes in 2017 (and I certainly hope it does) can't new president/congress put an import tariff on foreign oil to benefit domestic producers until oil and gas markets…"
"what makes this well/area so prolific and are there other wells in this area that is just as good?
Sorry is this is a double post but i couldn't see my other comment and I wanted to add the other wells comment to it."
"It would be interesting to get Berman's comment on the XTO Banana Slugs well (API 405-30519) that has a lateral running parallel to the Attoyac River in East Texas and has produced 9.6 Bcf in 29 months. "
"Severance at 6% is probably fair. Rate changes every year. Right now 16 cents is more than 6%. Also, severance tax exemption is likely to be ended due to state budget deficit and fact that we now have a Democrat governor."
"Getting the infrastructure put in place is going to be a doozie for them due to the regulatory red tape they have up north (or anywhere) and the fact the landowners are just more demanding and difficult when it comes to granting their ROW. "
"There seems to be a problem with building pipelines and even reversing flow of pipelines up in the Northeast portion of the country. I have been watching this pretty close because right-of-way work may be the only work left for landmen for the next…"
"to Mr. Dow's point, "opinion" is either interpretation or extrapolation of data. Incorrect data is not "opinion." Forbes' editors should do their job and fact check articles.
I also agree about "sunk…"
"I completely agree with you. Well production will improve as they perfect everything. Data from wells drilled beyond 2-3 years ago should be excluded from any type of evaluation. The Haynesville will never be what is was billed to be in the…"
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