has anyone noticed any permits pulled for laterals that long.? I heard they were drilling 1st at the Scott,.or Yost. They did pull 4 permits for the Law recently. None of them 13000 ft. You'd think they would have to tell somebody before they drill those. County engineer? landowners?
This shows the infancy of shale development . Companies are still researching what works best.
That's a good thing. Watch out once these companies figure this out.
The furture's so bright we'll all need to wear shades!
I think they figured it out - they just need gas prices to go from $2 to $5 - Technology is there - LNG is the real answer for displacing 10 - 20 BCF per day from various ports on a daily basis so that India, China, etc don't have to continue to burn coal. Trump will help this to happen and true competition will take over. Cheniere is the only facility down in Cameron Parish, La that's allowed to ship the gas - we need another 10-15 ports around the country to displace the abundant supply of Nat Gas that America has.
WE will need not just ports but processing plants to clean up the wet gas and yes pipelines to move the gas. The environmental extremists have moved on from fighting permits and drilling to fighting gas and oil pipelines as they know that the economic fight to keep pipelines from moving gas and depress the price of gas will allow the extremists the ability to have a national fight to keep it in the ground. They seem to be losing on the local level in fighting development. So if you have leases or wells support pipelines or they will keep it in the ground and nobody makes money from gas or oil