The place for shale landowners, mineral rights owners and others to meet.
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From the November 5, 2014 investor conference call: "At $80 oil, the Eagle Ford will still generate after tax rates of return in excess of 100%. At less than $40 oil we would still achieve a minimum 10% of direct after tax rate of return."Continue
According to a report from RBC Capital published in Oil and Gas Investor, the breakeven cost for Eagle Ford Shale wells can range from as low as $45 per barrel in the best areas to as high as $80 per barrel in less productive areas. The $45/ barrel…Continue
Just curious if anyone on this forum knew of any drilling going on in Reeves County, Texas. A good friend of mine's grandparents leased their 150 acres recently. I heard the courthouse was a madhouse, which is a good thing.Thank youContinue
WTI = West Texas Intermediate. Oil from "landlocked fields" such as Bakken Shale and Permian Basin often trades at WTI price or lower.