Dow and S&P 500 close at record highs. Nasdaq surges 1.8% on tech stock recovery

[redsamurai]

tl&r;dr

Man-up, admit you're wrong and let's move on.
::

I'm sorry was I the one who used the hyperbolically unprofessional term "Massive"? If you used the phrase "in massive ways" to describe a market effect in any kind of professional presentation, you'd be laughed out of the room. I would bet if someone was giving you a presentation and used those terms you'd tell them to get out. So don't be asking the grown man to man up ok kid? If you wanna man up go to the vibram thread and retract your little pubbie mouthbreathing hyperventilating assertion that stepping out of your house in anything less than 3 inches of cushioned modern footwear will give you bone marrow cancer. You're a squawking old chicken do you know that?

 

[mrplunkey]

Plunkey, with all that coffee, do you think you could send one my way? I don't wanna get up yet!!

Done!

 

[mrplunkey]

I'm sorry was I the one who used the hyperbolically unprofessional term "Massive"? If you used the phrase "in massive ways" to describe a market effect in any kind of professional presentation, you'd be laughed out of the room. I would bet if someone was giving you a presentation and used those terms you'd tell them to get out. So don't be asking the grown man to man up ok kid? If you wanna man up go to the vibram thread and retract your little pubbie mouthbreathing hyperventilating assertion that stepping out of your house in anything less than 3 inches of cushioned modern footwear will give you bone marrow cancer. You're a squawking old chicken do you know that?

tl&r;dr

Man up and let's move on!

 

[digimon7068]

I'm just gonna go ahead and answer my own question, cause I knew it all along was just trying to see if the monkey had anything of usefulness to say. He didn't.

Dream of U.S. Oil Independence Slams Against Shale Costs - Bloomberg

The shale boom is still in a work in progress...there's issues that still may stall it out.

oil, schmoil...where i live, a typical, conventional, vertical gas well costs approximately $30,000 to drill and then it takes 3 to 5 years to recover the costs...a typical horizontal well in a marcellus formation costs upward of $10,000,000 to drill and then it takes 12 to 16 months to recover the costs.

 

[mrplunkey]

oil, schmoil...where i live, a typical, conventional, vertical gas well costs approximately $30,000 to drill and then it takes 3 to 5 years to recover the costs...a typical horizontal well in a marcellus formation costs upward of $10,000,000 to drill and then it takes 12 to 16 months to recover the costs.

Yeah, like he's going to understand that.

You might as well have expressed it as a partial differential equation and posted the text in Sanskrit. It wouldn't have improved his chances of understanding what you typed.

 

[wootoom]

Double double

 

[wootoom]

oil, schmoil...where i live, a typical, conventional, vertical gas well costs approximately $30,000 to drill and then it takes 3 to 5 years to recover the costs...a typical horizontal well in a marcellus formation costs upward of $10,000,000 to drill and then it takes 12 to 16 months to recover the costs.

Duvernay and Motney wells up here are around 7-10 mill to drill

 

[wootoom]

Motney produce gas and some condensate. Light oil is a nice oil to produce....

 

[wootoom]

Then to complete these fucking wells isn't cheap. That's what we do, we complete them. They perforate and frac and usually drill the ports out after..then they put the wells on production

 

[digimon7068]

Then to complete these fucking wells isn't cheap. That's what we do, we complete them. They perforate and frac and usually drill the ports out after..then they put the wells on production

it's crazy expensive...but the payback is even crazier...you get your money back 3 to 5 times faster than a conventional well that costs more than 300 times less to complete.