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Message
re: Gas will be above $3 before February ends
Posted on 1/21/21 at 4:33 pm to barry
Posted on 1/21/21 at 4:33 pm to barry
quote:
Its fracking on NEW Federal leases. It will have a non-material impact and is simply a bone to throw to the fanatic environmentalist.
How long do federal leases last for? I honestly don't know. What about when the existing plays dry up?
This post was edited on 1/21/21 at 4:35 pm
1
Posted on 1/21/21 at 4:38 pm to TigerstuckinMS
quote:
How long do federal leases last for? I honestly don't know. What about when the existing plays dry up?
10 years typically. Federal lands represent only 13% of acrage and not all of it is unconventional.
This post was edited on 1/21/21 at 4:43 pm
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