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Old 09-16-2008, 05:42 PM
DieselAddict DieselAddict is offline
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Join Date: Jan 2003
Location: Reno/Sparks, NV
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Quote:
Originally Posted by Botnst View Post
Then there are the onshore rig builders trying to keep up demand for Haynesville Shale prospectors.

http://www.haynesvilleshales.com/, No one knows for sure just how big the Haynesville Shale natural gas field is. But they do know it's big!

Companies like Chesapeak and Petrohawk have invested millions into the project.

But, how big will the economic impact be? A new well that hit last month in south Bossier parish is producing almost 17 million cubic feet per day. Translated, that's about $6 million dollars a month.
http://www.ktbs.com/news/Haynesville-Shale-Economic-impact-14215/ http://www.shreveporttimes.com/apps/pbcs.dll/article?AID=/99999999/SPECIALPROJECTS02/805040320

And the thousands of small landowners, like moi, who are getting leased and who may receive royalty checks for decades (ask me what that's like, I'm getting between $100 and $300 per month and have been for 37 years. Ha!).
We were talking about oil, not natural gas, but since you brought it up, the US does have plentiful NG fields which could be used to make synthetic motor fuels, thereby significantly reducing our dependence on foreign oil. Ideally biomass would gradually replace NG as the source to make these fuels.
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