"My guess-the lease holders are anxious to figure out the play, formula if you will, for economical drilling, efficient extraction. Makes no sense to spend/produce in this market. Perhaps they are attempting to prove the "quality of rock"…"
"What do these results portend for East Feliciana Parish? I hear that a number of leases signed in 2017 with low-cost options are being renewed. Is new leasing activity with new operators entering the play a reasonable expectation? "
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