"we all hope for good news, but if it were 4-5m bbl per well per day, we would already know about it. 5m bbl per day would be at least 75 truck loads per day, or more than three an hour. that much activity would be hard to keep quiet..."
"Seems simple enough. If you don't care for the offer given, then shop around for different offers. What's that you say? $250 is the highest offer you're getting? Hmmmm...
However, since there is little risk, and…"
"Let me assure you that the vertical integration philosophy is alive and quite well...
Don't know for sure about the drilling side of it, other than the comment on the last public presentation about replacing the rigs with new AC drive…"
"Is this one of the former SWN Drilling rigs sold to Patterson? I believe it was mentioned that they were buying some of the rigs SWN was selling. It will be interesting to see of the use of a contractor rig continues or if SWN is planning on…"
"Or, maybe a crew from somewhere else heard there is good Cajun food in the area?
OK, maybe not, but if the convoy included escort vehicles it wouldn't be cementing equipment. About the only thing Halliburton would have to be escorted…"
"Let's see if we can calm this down some...
They are indeed selling, but it's just three rigs. I'm guessing they don't need them right now, and $20 million in assets sitting around is a lot of cash to not put to…"
"Joe, if that were the only game in town, then what choice is there? If I thought there would be more options later, then maybe wait it out, if not, then it might be better than no lease. (Assuming of course it meets all the other requirements,…"
"Not that I have a dog in this hunt, although it's kind of fun to watch from the sidelines. I have to agree with TC on his house value comparison. I would think any lease is worth whatever someone is willing to give for it.
"Hey Obed, how about this explanation: The pipe yard manager says to the new kid "I don't care what you do with it, I'm tired of all that bigger pipe laying around cluttering up the pipe yard, find a place to put it so that I…"
How would you describe yourself? Note: If you select "Landowner" or "Professional," your avatar will be badged accordingly. Select "N/A" if you do not want your avatar labeled as such.
Oil and Gas Professional
Plays that you are following.
All Shale Plays
What parish/county are you following?
All of Arkansas
Tell us your story. If you work in the industry, tell us what you do and who you do it for...
I have a small service company based in north central AR. I mainly work for SWN, but I do have some customers in OK that I rent equipment to. My main business is renting some equipment used in completions, such as tanks, sand seperators and such.
Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 13,000 members.
Because our network has grown word-of-mouth, I want to encourage you to invite your friends and family by clicking here.
There are a couple things you should check out. 1) Check out current discussions. 2) Join in on the County and Parish Groups. By joining a County or Parish, you are networking locally with people who share similar concerns.
Be sure to read up on how to navigate the site HERE. This will help you get the most out of the site.
As a member, should you ever be on the recieving end of crudeness, rudeness or spam, let me know. The site is a peered monitored site and we need your assistance.
Right Angle Controls is a provider of high quality, safe, and reliable control solutions, ranging from annunciator panels to safety-critical ESD systems to gas turbine and diesel/recip fuel controls. Our programmers have 20+ years of experience in PLC-based control systems, namely Allen-Bradley. We can provide completely integrated hardware solutions, or improve your existing software. Our in-house library of PLC software allows us to deliver Logix-based systems quickly and cost effectively.
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