New York Times article refers to shale gas drilling as a "giant ponzi scheme".
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Permalink Reply by Les Bamburg on -
WPT, well rate declined about 65% in the first 12 months which is better than average (see attached chart).
Horizontal wells will not be re-fraced 10 times. This is a myth stated by Gasland to attack the industry.
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Western D 17 H1 Well.pdf, 87 KB
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Permalink Reply by olddog573 on
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I prefer haynesville a nations hunt for energy future. But im sure everyone here does as well. Bought 2 copies in case I lost one.
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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??
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.
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