3 ms·
It GREATLY depends on the area. Just because someone nominated Federal acreage up for leasing doesn't mean there is anything worthwhile to drill on. That said,
by nihilist_t21 6y ago
It GREATLY depends on the area. Just because someone nominated Federal acreage up for leasing doesn't mean there is anything worthwhile to drill on. That said, if a lease receives bids from different companies, you can assume there is some potential for economic recovery of hydrocarbons.