This is such old hat. Drillers have already pulled rigs from Marcellus and elsewhere because Natural Gas is so cheap now. Look toward wet gas and oil coming from all sorts of places now, some of which have been long- abandoned.
Not an energy expert by any means (other than using my own to accomplish tasks) but the key quote here is ““Let’s look at natural gas as a feedstock for other development in this area.”
Not much else going on there (save uranium, etc.)
They run 20 cow-calf pairs to a section; we can put that many on an 80.
Use that gas to build other opportunities in NM.
Old hats are still very much in demand
Lots of wet gas here in the Permian Basin, we’ve got 58 rigs drilling nth of town.