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
I own royalties in Texas and New Mexico and a web radio station that is proud to support the oil, gas and coal industries. We must take our knowledge to the public and hopefully wake the public to the abuses of the EPA and many other alphabet…Continue
WTI = West Texas Intermediate. Oil from "landlocked fields" such as Bakken Shale and Permian Basin often trades at WTI price or lower.