[Riflema]

And what’s the life span of the newly frack’d deposits? 18mo, 24mo.? At $60 are they seriously going to gamble on moving the pipes around when so many people who entered at $100/barrel have just gone bust? Who’s going to lend to them at that point (seen all the articles about the the amount of leverage out there in oil plays?).

[thackney]

And what’s the life span of the newly frack’d deposits? 18mo, 24mo.?

Typical well will flow for several decades. Not at the same rate as initially, but 30~40 years easy.

[thackney]

At $60 are they seriously going to gamble on moving the pipes around

I don't think you understand the production side very well.

[thackney]

I probably overstated the life span.

Say 25 years easy, 40 years or more maybe.