What is your thought about the Pines and Field wells[Lewis land, Mildred area] as far as being over mature? I assume your thoughts on the Laporte area are not too favorable??? I have some land between rt 220 and 487 [on Sattersfield…"
"Tremendous work by the planning commission. Sully only has 6k residents yet execute in all ways, so well, all the time. They even have their 1st dairy princess in 4 years!
No one likes to the the bearer of bad news. But for…"
"So to follow this:
2.578 x 1000 = 2,578 mcf per day
approximately $3 per mcf = $7734 per day
divide by approximately 130 acres = $59.49 per day, per acre
times royalty of 18% = $10.70 per acre per day before deductions
= $3908 per acre…"
As far as the individual wells you reported are concerned, wouldn't the production report be greatly influenced by how long each well has been in production? For instance, one would assume that Cranrum 2H was drilled prior to…"
"I'm not interested in one particular county. I am also aware that there is a web site giving the results. My problem is that the data overwhelms my first addition IPad. As to whether the well was in a unit or not, it was just poor wording on my…"
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]