"I figured I'd drag up and old discussion. It looks like Avoyelles is on backburner that's why I have been doing more reading than posting as of late. So with no new news many people in Avoyelles and Rapides that leased in 2011 and…"
"Well maybe the Japan example would be similar to a drug dealer getting in with lower prices knowing once the addiction takes hold his pricing can be adjusted.
Japan is getting away from nuclear, so whatever takes it's place will grow as they…"
"Well maybe we are differing on time horizons. When I look at the charts I see $12 to $13 dollar price spikes in 2005 (Katrina , Rita, housing bubble) and 2008 (Gustaf , Ike and the time right before the house bubble bust when oil shot to $147) so…"
"Also the people need to realize that the cost of exporting LNG is $6-$8 per mcf, so whatever price they see in the world you need to subtract $6-8 from that price to get the maximum US NG price for export. So if Japan will pay $13…"
"The answer is Barnett Shale, Haynesville Shale, Marceleus Shale and other Shale patches around the great US of A. Those are generally shallower formations, thus less expensive to drill and the pay back is sooner. The US of A has a vast…"
New TMS permit issued to Halcon for the TMS RA SUA Walker H1 well in West Feliciana Parish. Attached is the Bore Path and Plat Map. Looks to me like they will drill down to 13,041 feet and then start building the curve. The lateral will by "toe…See More
"Mr. Morrison, how do you define "era" ? In my view natural gas can come back at any time for many various reasons. In my lifetime I've seen gluts, shortages, booms, bubbles and bust, all turn quickly due to weather, war, and what…"
"There is a Facebook page devoted to the TMS that gives weekly updates (on Fridays) on what's going on based on reports they get from the field. What Steve said is basically what they reported last week."
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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