"I see that ConocoPhillips leased two different tracts from east and west Feliciana in the state lease sale. 37 acres in one bid and 101 acres in another. They paid 776 per acre. There was a 44 acre tract in pointe coupe that received no bids"
"Yes Skip, seems like COP activity in Kirk's LAMS Stack Play area in East Feliciana Parish is the current place of interest. Maybe they will investigate both updip and downdip sections around these Wells. I just hope they are deligent and…"
"Skip, by big picture, I meant O&G. I'm a research scientist with an interest in geology. Obviously not all areas will be equal in terms of potential production, but I believe given the uncertain geopolitical climate and the changes in US…"
"EOG economic model is based on return on investment, not necessarily building production inventory. So, price of oil and costs to drill and market will drive EOG plans. Will be interesting to see COP results in East Feliciana Parish, which is…"
"I do not think EOG is going to drill until the price of oil is in the $80 range. We may see a slight price increase in WTI (and other grades) due to OPEC restraints. It remains to be seen if the OPEC (read that Russians and Saudi's…"
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