There are several rigs drilling in longwood and blanchard and east texas, drilling Hs wells . But I don't know how much longer with the price down. I hear $ 6.00 mcf no drill the price is below $5.oo. I'm trying to find out what lease offers are now. I hear E tx is $3000 to $5000 what have you heard?
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