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To: saganite
Thanks. I know a little about the Barnett Shale. I don’t have any production, but I have a small interest in a gas well in Wise County that is holding some acreage.

The effort involved makes Barnett Shale wells very expensive wells.

The issue I see with the Bakken is that unless you are in sweet spot [lots of communicated fracturing or maybe clean sandy streaks], the oil just isn’t going to flow to the well bore anywhere near as readily as would natural gas.

48 posted on 12/09/2007 4:40:06 PM PST by R W Reactionairy ("Everyone is entitled to their own opinion ... but not to their own facts" Daniel Patrick Moynihan)
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To: R W Reactionairy

The Bakken wells are expensive all right but with the price of oil being what it is they are feasible for now. Total production from the entire formation is somewhere around 200-400,000 barrels a day near as I can tell, so it’s not earth shattering. The biggest drawback to increased production there right now is not the difficulty in extracting the oil but the lack of pipeline and refinery assets.


51 posted on 12/09/2007 4:49:09 PM PST by saganite
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