Barnett Shale Oil
Oil and gas investors can realize fast ROI’s. There is currently a huge Hunton Lime re-completion, de-watering play revitalization plan coming right through our back yard and we have at least 6-8 existing “cased Holes” ready for re- completion. Oil has also been start in lesser quantities, but plenty (with recent high oil prices) to be commercially doable. Oil (or in this case, natural gas) cannot move from the reservoir rock to the drilled wellbore unless there is an unobstructed pathway (a combination of porosity and permeability ). Fractures offer such a pathway.
Oilfield service companies that are well capitalized and well managed are experiencing very high growth rates with good profit margins. We have heard reports of equipment manufacturers moving to establish offices in the area to compete for business in the drilling and trucking industries, both of which are booming in the area. Oil has also been found in lesser quantities, but sufficient (with recent high oil prices) to be commercially viable.
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Tags: back yard, Barnett Shale, boom, booms, casing, companies, completions, fracture, fractures, holes, hunton, industry, investors, lime, margins, natural gas, oil and gas, oil prices, oilfield service companies, porosity and permeability, profit margins, quantities, reservoir rock, reservoirs, revitalization plan, rocks, shale oil, trucking industries, unobstructed, wellbore
