thanks Linda. diane
Yes it is thick enough. Not sure what the OCC is allowing, but they are drilling less than 30â thick laterals in other horizons in other counties. Where there is a will, there is a wayâŚ.if the price is rightâŚâŚ
Is the Springer thick enough for vertically spaced laterals like the STACK play in the Meramec? NFX says it is up to 150â thick. How close is feasible and/or allowed by OCC?
Everyoneâs probably shocked after receiving their last checks
S D, yes I do. That was about the time I decided to go into the hot shot delivery business (pipe, valves, oilfield stuff etc.) Bad timing to say the least!
One reason itâs so quiet is Linda seems to be M.I.A. You out there Linda Lou?
Havenât gotten any comments for at least three days. Has everybody gone silent, or is something wrong with my mail?
$42 oil has left us speechless.
Anybody else remember that $42/bbl oil back in the early 80âs had us shopping for the Cadillac of our dreams and that was just before the bottom dropped out? Not fun days as businesses closed and the ârideâ ended abruptly! Sound familiar now?
I must have waked everybody up; five comments in less than an hour.
Donna, Chesapeake pays on the last weekday in the month. It should be the 31st this month.
M Barnes, I need some information on a well completed by Marathon recently. Have sent you a friend request.
A small quote taken from a report from Jim Cramer âthe Mad Money manâ:
Mears said that looking at the global demand for storage, there are a lot of opportunities for growth. He added that the world demand is unbalanced and the oil price will not be at $45 forever. Next year at this time, the price is expected to be much higher.
Interesting:
http://seekingalpha.com/news/2381446-continental-resources-adds-to-north-dakota-oil-acreage
Hutch⌠yep, Iâm here but mom always said âif you canât say something nice donât say anything at allâ Nuf said!
When the last boom/bust came we didnât have any production going on. We had the mineral rights just no one was interested. At least we got to reap some benefits during this boom and just praying the low prices donât last too long but guess if it doesnât come back in our lifetime the kids will enjoy it.
Rick, itâs good to hear from you again!
Michael P⌠always glad if I can help. For the record itâs been âMRS.â for over 47 years now and very happily Iâm glad to say! Of course the âRigtrackerâ is a change of name to protect the innocent! lol
Michael, first sale date was 12-22-14 so they have 'til the end of June before interest kicks in.
S D Mier, I remember $15 oil and in the 70âs the WPT or better known as the Windfall Profits Tax that hit royalty owners also, could only buy a Chevy then!