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comment: My on the site knowledge tells me that the Adkins well (M.E. Operating) is producing above 100,000
cubic feet of natural gas a day. Do not know about fluid. No one is going to get rich unless they have a whole bunch of acreage. Section 20, Township 21 North, Range 3 West.
How would one extrapolate this production into “units” and value given the parameters of a 30 day month w/gas @ $4.00 per unit?
Just trying to clarify something.
Thanks
Never mind...I got it figured out.
A friend had informed me Mcf was a million cubic feet, but as I told her it was my understanding Mcf was a thousand cubic feet (M being the Roman number for 1,000).
That makes this production a bit more logical.
Thanks
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
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