Jack McClendon

We operate largely conventional reservoirs.

And so, you know, the way to kind of think about it is shale is what is called unconventional.

So conventional reservoirs have much higher porosity and permeability.

They are actually much denser.

better reservoirs from a geologic standpoint.

And so for the most part, you'll hear it in the industry parlance.

Those were the easy, the easy reservoirs to find, right?

If you go back to like the 1920s, 1930s, you know, drilling a field like the Yates field, which is kind of one of the most prolific oil fields, you know, you were basically drilling a thousand feet into the ground vertically and they were getting, you know,

400 to 500 to 1500 barrel a day IPs, you know, so it's just the conventional reservoirs are the better reservoirs.

They've largely been exploited.

So when you say shale company, that's the unconventional reservoirs.

And so that was the rock that largely was thought it was impossible to produce.

And really, until the advent of

Well, not horizontal development so much as hydraulic fracturing it was because the pore space was just too small.

And so there was no way to commercially extract oil and gas from those reservoirs.

We knew the oil and gas was there.

We just couldn't get it out.

So that's just a little point of distinction there.

That's the difference kind of between a conventional and an unconventional reservoir.

So most of what we operate is conventional reservoirs.