I looked at the numbers through December again (sure wish they would issue January). A-43 has come in with 1.86 BCF since May (8 months). A-398 has come in with 1.94 BCF in 5 months! After 5 months, A-43 only had 1.56 BCF. Looks like A-398 wins hands-down.
A concern I have about A-43 is the decline rate. In June, it had .475 BCF. In December, it had .066 BCF (after a November of .103). This tells me it has fallen about 86% in 6 months!
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
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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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