State Mineral Board: Last Week's Oil & Gas Lease Sales
Thoughts on leasing & drilling activity ...
"But [Patrick] Courreges adds that the lull chiefly comes from all the recent action in north Louisiana’s Haynesville Shale area, where millions have been invested to get a piece of what’s expected to become the nation’s top producing natural gas field within the next six years. “What you’re seeing now is folks are spending their money on getting their sites ready and are drilling, instead of buying more leases,” Courreges says.
http://www.theind.com/content/view/4956/97/
"But [Patrick] Courreges adds that the lull chiefly comes from all the recent action in north Louisiana’s Haynesville Shale area, where millions have been invested to get a piece of what’s expected to become the nation’s top producing natural gas field within the next six years. “What you’re seeing now is folks are spending their money on getting their sites ready and are drilling, instead of buying more leases,” Courreges says.
http://www.theind.com/content/view/4956/97/
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