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Permalink Reply by mike smith on September 20, 2011 at 9:53

A friend of mine just  (late 8/11)  got .45 per barrel in area of little remaining surface water (Springridge,southwest Caddo).

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landownerPermalink Reply by Gray Marston on September 20, 2011 at 13:39

.25 per barrel is low especially in this drought.  I just recently sold for .40 cents (Encana) in the swan lake field area

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Oil & Gas ProPermalink Reply by JR on September 21, 2011 at 7:53

.25 sounds good to poor boy like myself.  Take it or they'll go around you.

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Oil & Gas ProPermalink Reply by The_Baron on September 21, 2011 at 9:41

I agree.

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landownerPermalink Reply by Gray Marston on September 21, 2011 at 16:00

Yes, if they have the option of going around you then lower your price but, keep in mind they have to rent that 10 inch aluminum frac pipe at between 5 and 7 cents per foot per day, so going further to go around somebody is very costly unless they are rather close.

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