Saturday, March 18, 2006

Barnett Shale Drilling Continuing in Erath Co (fwst 3-17-06)

2 comments:

Anonymous said...

Sure looks like things as starting to heat up. Jerry. When ya figure they'll start drilling around town.

Dicky

Jerry Vestal said...

Dicky . . don't have any inside information. It's reasonable to expect drilling near Lipan to pickup by late summer. Some leases that Chief acquired and then paid the 2 year option are going to expire in September. Also, area saltwater disposal wells have been drilled and more are permitted nearby. There has been extensive seismic readings taken and redone. What I don't have knowledge of is the pipeline capability - to and from the Lipan gas plant.

What observations do you have? (When the first comment was posted, I didn't get notified. However, that feature has been enabled now so I will know when a comment is posted.)