[Red Boots]

"Believe me, if people weren't getting money, nobody would want this," said Don Young, who founded Fort Worth Citizens Against Neighborhood Drilling Ordinance

One of our best employees had a well drilled on his property - he owned the mineral rights. He gets 30% or something, for the life of the well. THe drilling is noisy, but it only lasts a month or so. The revenue stream can go on for 30 + years, and run into the millions. Needless to say, he quit our company soon after.

[stainlessbanner]

Natural gas production can be initially high (depending on the quality of the driller), but usually drops off in the out years. By year 5 or 6, production is about 10% of the first year. Of course, they can refrac and production can go up again.

Gas drilling is hot again b/c the technology allows horizontal drilling and extraction. We won't see the vertical wells like the oil rigs side by side.

I hear they are only extracting 10% of what is down there

More info at the TRR site