oil and gas in texas: Mineral Rights in Texas. Barnett Shale ! How will it effect real estate Transactions?
- 03/17/08 12:45 PM
Below is information gathered through many resources I would like to share with all who have interest or are effected by the Barnet Shale. Attach is an information link to a 138 page presentation. http://console.mxlogic.com/redir/?5dBVMsyzsSCCYMOeppdw0y6N1IW4Zf_MZqLbUxmRc6ty3pyEMjQ_NkdlmSQNkoCSwmVp1QTvHFIe3AnQjhOCrKrlYZwttc5aQxOVIsCCOrhjK-OM-DsQsCQPhOr5P2hEw19fPh05Lz4IHI3h04ERrmd40bZqIpCV-7PM76Qjq9JddVxAsO-runii
When sellers are signing are they considering every well is frac'd with about 150,000 bbls of water (1 bbl = 42 gallons). If they start producing the well, about 50% of that water comes back in the first 7 to 10 days. Since a water truck will only hold 150 bbls at the most, you'll would have 500 trucks per well hauling water during that 7 to 10 day period. So, you … (0 comments)
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