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Fayetteville optimism
05/02/2011
James Mason's article concerning Fayetteville shale production profiles is interesting, but my own experience in the play leaves me asking questions (OGJ, Apr. 4, 2011, p. 76). I have no real quarrel with Mason's conclusions but do have some questions. And the answers I get from folks with skin in the game seem wildly optimistic in light of the random walk through the well histories of the properties that I have appraised.I am a geologist and certified appraiser who values mineral property interests for royalty owners; thus, the choice of wells to run declines on are dictated by the clients and the lands that they own. Certainly, I have to consider both the older wells and wells with dism...
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