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It is a logical follow up to the leasing. What it will reveal is unknown but considering the current price of natural gas and Natural Gas Liquids (NGLs) and the term of the leases this is a reasonable interim step before putting together a drilling plan. I wouldn't expect MRD to drill any wells east or south of 18N-3W in 2016 but maybe in 2017.
L Faber, that's interesting because your land (west of Ruston) is quite a long way from J. Watson's in 18-17N-1W. Was your letter also from Seitel Data?
Thanks for the correction. The general locations and size of shoot makes sense. Probable cost less than $7M.
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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…
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AboutAs 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 |
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