Drillers in Haynesville Shale try larger approach to fracking
Sunday, September 6, 2015
According to The Wall Street Journal, natural gas drillers in the Haynesville Shale are trying horizontal drilling on an even larger scale. Their wells are made up of laterals stretching thousands of feet with large volumes of water, sand and chemicals used to frack the wells.
This large scale technique has been tested in a small area of western Louisiana. The Haynesville Shale produces about 8 percent of the country’s natural gas.
If the technique proves to be successful throughout the rest of the Haynesville, consumers could expect low natural gas prices for the next couple of decades.
Via: The Wall Street Journal > Drillers Unleash ‘Super-Size’ Natural Gas Outlet
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What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.