"It is a common practice for offshore (shelf & deepwater) operators to drill successful discoveries, yet classify the well as a dry-hole. I understand that the tax benefits are significant and proportional to well-cost. Then after a period of…"
I do not follow MNLU or AEXP anymore & have not for a very long time... However, I do have an acquaintance who has suggest that the Mineral Owners recently received bonus checks for a one year lease extension. MNLU claims to have a…"
"I think you absolutely right... I would like to add another benefit in addition to higher pressures, natural fractures, & smaller hydrocarbon molecules will be that the higher concentrations of gas that will almost certainly be present will…"
"At this point in time I have not compared the Brown Dense Smackover to any other resource play, and I feel that it would be premature to do so.
I'll refer you to a previous post in this thread that said "The newest rumor is that the…"
"Assuming that this thread's rumors are accurate, then economics of the 'Brown Dense' Smackover look promising. Hopefully, we will see similar or better results achieved across the play. I know that the rumored SWN claim: "The…"
"Mike; I'll be glad to take a look at the log for you, just scan the section that you are interested in & email it to me at the following address: [boler jeff at gmail dot com] Note: there are no spaces in the email address... I appreciate…"
"Looks to me like the found a thin, highly permeable sand sandwiched in the Bossier Shale... Much like the pay-zones of the Deep-Bossier & Armorusa Fields... this sort of sand is called a turbidite..."
"I believe that the C.P. Long et al & Burkley-Phillips#1 wells have left little doubt that your mineral acreage stores significant natural gas reserves. In the event that Mainland's efforts fail, someone will at some point pick up the torch.…"
"MNLU has stated that $8 million dollars are required before MNLU/AEXP can move forward with completing & Producing the Burkley-Phillips#1. The unusually high cost to complete the well can be attributed to a number of factors:
1) As a previous…"
"I cannot imagine officials on the MSO&GB allowing the rig to move off location without production casing in place. That would be pure negligence, especially in the months following BP's accident. After only a few weeks, all the barite would…"
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