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Started By
Message
re: Mississippi, Louisiana border verging on an oil boom
Posted on 4/21/14 at 5:04 pm to Hammertime
Posted on 4/21/14 at 5:04 pm to Hammertime
quote:
Nothing like Haynesville
You're right in a lot of ways. Mainly that Haynesville is a gas play an these wells in the TMS are 93%+/- LLS oil.
1
Posted on 4/21/14 at 5:28 pm to FelicianaTigerfan
quote:I meant monetarily. O&G companies aren't coming in offering retarded amounts of money per acre. I think the industry has known about this for a really long time, they just haven't done anything because they didn't get a decent ROI because the wells are low production
You're right in a lot of ways
Again, I am trying to remember from a few years back.
Eta: There are a shite ton of abandoned wells scattered all over. I had a logger knock one over with his cutter and just ran the frick off
This post was edited on 4/21/14 at 5:30 pm
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