Shale Daily / NGI All News Access

The Fayetteville Shale is Dry, But It's Hardly Dried Up

"We have thousands and thousands of well locations," he said at the UBS Global Oil and Gas Conference. "We'll be drilling at this pace for many years to come, assuming the [Nymex] strip pricing that we have today. We do plan to drill close to 400 wells this year and that certainly, of all of our operations, can flex more than any others as we need to respond to gas prices, one way or the other [see Shale Daily, May 24]."

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