Question - I keep forgetting to ask, but fortunately it keeps bubbling up...
The FGA report and the estimates, Original Oil In Place and Recoverable Oil...
What does that Assume in terms of Fraking or no Fraking ? etcettera
Is it now "standard operating procedure" to do all the things, horizontal drilling and fraking ?
Or is there some kind of "oil drilling classic" that is being referred to, and how to tell the difference ?
The reason to ask hopefully should be obvious but if you "poke a traditional hole in the ground and use traditional estimating techniques" the same hole can be substantially different (maybe?) if it is drilled using all the tricks.
What is the scoop on that ? Do our drilling guys and equipment have all the tricks or just traditional (i.e., not modern or perhaps not applicable) tricks ?