All these people can't be wrong
http://www.toxicstargeting.com/contact_us
http://www.dec.ny.gov/energy/46381.html
http://en.wikipedia.org/wiki/Horizontal_drilling
http://www.nzherald.co.nz/science/news/article.cfm?c_id=82&obje...
a live well would typically produce about 4.4 billion cubic feet of natural gas during its lifetime, which can be 50 years or more. If the wholesale price of natural gas were to average $5 per thousand cubic feet during the well's life, that production would be worth $22 million, making the landowner's share $3.3 million.
But the money will not come all at once, nor will it even come in a steady stream.
Gas production is a matter of diminishing returns: A well's output begins with a rush, then declines into a long tail so that about half of total production happens within the first two years. Thus, about half of a landowner's payments will come within the first two years. Using the above numbers, that would add up to $1.65 million.
All of that assumes that a single landowner receives all the royalties from a particular well. In reality, a company must often negotiate leases with several landowners to assemble enough land for a "drilling unit" -- 640 acres, or one square mile.
How much the companies offer depends largely on how much they expect to get for the gas they find.
This should be a good start but there is a new technic this year in stead of useing fluids when you or I find it again I'll post. This fluid is to high of a risk for me.Tags:
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