I haven't heard this, but it would make sense. Are you talking about folks on the land and leasing side, or the actual drilling side? I have heard of constant complaints about lack of experienced land personnel, but also know several companies have made public statements about pulling rigs (and thus crews) from other shale areas to crank up the drilling here in NWLA.
It sounds as though these O&Gs companies have too many "plays" across the country and too little P&E to do the ground work that will produce the $$$$ they are promising (at this time). My good friend in Junction City, Arkansas (Louisiana)...he owns huge parcels of land in both...told me that the O&Gs are trying to buy up rigs from China to export. I guess their planning phase got tremendously outpaced by their "grow the company/stock price-wise" phase. One more tidbit...My neighbor works for the IP Plant in NWLa. He says IP is paying megabucks for welders, etc. right now because they cannot find the skilled labor to meet the labor requirements of both the O&Gs and NWLa.
Thirteen drilling rigs are on order to tackle exploration of the Haynesville Shale in northwest Louisiana and east Texas. Nomac Drilling LLC, a subsidiary of Chesapeake Energy Corp., the leading company in development of the natural gas reserve, has completed the order
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