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re: Mississippi, Louisiana border verging on an oil boom
Posted on 4/22/14 at 8:01 am to FelicianaTigerfan
Posted on 4/22/14 at 8:01 am to FelicianaTigerfan
quote:
Floyd Wilson with Halcon says its a lot like the Eagle Ford.
quote:
cost of wells are high around 15 million
It costs about half that to drill a well in the Eagle Ford
Posted on 4/22/14 at 8:09 am to MillerMan
quote:
cost of wells are high around 15 million
So if a well goes on your land, I would think there would be a good turn out. That is a lot of money to be just guessing.
not only mineral rights but I hear water has to be brought in. If it can be piped in from a neighboring water source (not river, EPA) money can be made. I was told they will reach out a good ways to get their water. Is this true on how water is brought in?
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