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Re: bullmarket2222 post# 83783

Wednesday, 10/22/2014 8:23:24 AM

Wednesday, October 22, 2014 8:23:24 AM

Post# of 116863
I had forgotten that I had saw a segment maybe in 60 Minutes on a field that required heating it to 500 degrees before harvesting oil. Thought it was Colorado NE didn't put the two together until your article (link two).

Eagleford wells are yearly improving of slower decline http://www.eia.gov/todayinenergy/detail.cfm?id=18171 so Treaty should try to obtain those that have figured out fracking on it to buy some royalty interest in (perhaps). But Bakken may be better as some well costs are less than 30/bbl there and most less than 60/bbl (don't remember story link it was recent with all the oil price drop though).

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