tonights update looks good., page-31

Great article thanks crarg.

"In spite of what the reservoir pressures may be, in all circumstances tight gas reaches the wellbore at much lower pressures and if initial producing rates are high, in the “steady- state” of the long-life phase, the flow rates of tight gas wells are low. The financial implications of this are manifest, as will be examined in this discussion."

This is definitely the next hurdle.

Very interesting final opinion by the author...

"Nevertheless, cookie-cutting the shale and other tight gas horizons does allow a producer to beat his chest about “success ratios” and initial flow rates. It allows him to point to the reserves he has added to his Balance Sheet, no matter the time value of his investor’s money and his ongoing struggle to drill his way out of the precipitous decline of his aggregate wells."