blanco-dee

Shale Gas: Promises, Promises, Promises

Great article! I reviewed the Berman article, it really gave a realistic perspective on the reserve life of tese assets, and a fair comparison of costs vs. potential.

I hope I can find more info on some of the other shale plays currenty being hyped, though I expect them to be similar. I am a big proponent of horizontal driling not only due to the advantages of higer production, but also the smaller footprint on the landscape - I sure wish these technologies were used more extensively for the CBM development in the San Juan Basin, which from a satellite view has looked like swiss cheese for decades, and worse for the last 20.

And thanks, of course, for shedding some light on the typical hype E&P companies - more articles like this appreciated,

BDO