Tim Leach, ConocoPhillips
Every time we read about peak oil or gas (demand or supply), or that there are no more good places left to drill for shale and drillers are now left to scrape and claw at less desirable locations, or that the decline curves are killing shale, etc. -- we laugh. How many times over the years has MDN told you something along the lines of this: The shale industry is a marvel. It keeps getting better and keeps discovering new shale layers to drill, new techniques to use, and new technologies to employ. In a talk given at the University of Texas, Tim Leach, a board member with ConocoPhillips and a former Permian Basin explorer, made this prediction: Someone out in the shale world is on the verge of the next oil and gas breakthrough. Sound familiar?
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