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re: Tuscaloosa Marine Shale

Posted on 5/23/12 at 11:19 am to
Posted by Beerinthepocket
Dallas
Member since May 2011
856 posts
Posted on 5/23/12 at 11:19 am to
quote:

Actually I heard the well costs were closer to $20MM on Anderson 17H. That sounds absurd to me but I was told by someone who would know, and I've seen that figure quoted as the upper end of the AFE range in a few articles.


That's incorrect, just looked at the report and as of May 17th the cost to date was $12,068,177.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22380 posts
Posted on 5/27/12 at 8:04 pm to
This is interesting - about lease negotiations with oil companies. A group of Kansas farmers bands together and turns the table on Big Oil. May be idealistic, but seems they managed to pull it off. What's the major impediment to the same thing happening in the TMS?

Farmer power forces Big Oil bidding war.
This post was edited on 5/27/12 at 8:06 pm
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