169 comments on Natural Gas - A Tale of Two Markets
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geewiz on September 26, 2006 - 1:37pm
thank you both for your inputs. I just learned yesterday, i will be getting a well put on my property in north west Louisiana. (Hence my curiosity about NG) There is mostly natural gas wells around that area, so i imagine the drilling co will be extracting natural gas. needless to say, i am smiling!
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oilmanbob on September 26, 2006 - 2:04pm
That's really great news for you. With modern geophysics, about 2/3rds of wells are economic successes And, what kind of money is better than royalty? It arrives in yourmailbox without having to work for it, and its tax-advantaged. I hope they make a real barn-burner!
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geewiz on September 26, 2006 - 6:35pm
thanks, and the royalties will pay for my daughters' college, she's studying Geology.
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