Only Range knows its schedule. It keeps drilling in SW Pa where the gas is about 30% valuable liquids. The price of gas per mcf is not thrilling at a little over $4, but Range admits to making some money at this level. I would rather have land in Washington County than say Beaver County which is away from the thicker shale. But then there are other shale formations that the drillers are interested in as well as the Marcellus.
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 ]