"Then agian, mayby people quit comming because nobody has a sense of humor? Even "Bill Nigh, The Science Guy" was interesting because of his humorous way of teaching a dry subject. "Dry Subject" yuk yuk yuk."
"i think the "12 feet of perfs" must have been an error, why would anyone do just 12 feet? Mayby 12 perfs of "x" feet, but not just 12 feet total. Am i the only one this sounds crazy to, what am i missing?"
"Shirley, you did fine with your non-consent choice. You will get a royalty payment every month just like everyone else, plus you have an added benefit that someday if the well pays for itself 3 times you could likely "own" part of the well…"
"Virginia, I have read alot of then intergation ruleings from the ark ogc the last few years, i have never even seen compression or any other cost mentioned. That leads me to believe it is pretty much standard procedure that the lease your offered…"
"I dont know about finding out his % of leasehold in your section. You do not have to accept his terms (yet) The company will have to take the request to intergrate a section to the Arkansas Oil and Gas Commission which meets monthly. The Commission…"
"Yeah was just reading that, long way from 800 forsure, but didnt muller say he would be kinda happy with 200 back on the annual call? Because he thought they could "work" it up some. Stating at 300 instead of 200 to "work it up"…"
"Unless it is somehow to hold some leases, i dont understand why a unit would be anything other than a govenmental section of 640 acres. The commison ruled here in the fayettville shale that only the first section drilled in a section had to stay…"
"They have the marcellus, a colorado play and working in north east oklahoma and plenty easy drilling fayettville left. They would benefit if brown dense play works out but they dont have to have it to survive in my humble opinion."
"They are more comfortable with laterals in the 4 to 6'000 range in the fayettville, even cross section wells. Last week i went past a pad in center ridge ar in conway county not far from me that had 12 wells drilled off it, its the most i…"
"SWN sent a rig to the marcellus shale on mar 17, the crew went up on the 21st. Swn only has one rig left in the fayettville big enough to drill the depths of the brown dense, rig 26. Of course they could hire as many as they would like, but they…"
"You are correct North LA, all these reports of what color trucks are going in and out and if they drilled 10,100 or 10,101 feet are fun things to know when there is nothing else to know. Its a slow process ramping up if all their science keeps going…"
"Right on! Like up here in the fayville, people getting a check dont complain about the bad roads or getting your mail box ran over now and then you just put up a new box before that next check is due! Your neighbor who isnt getting a check though…"
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