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Old Posted Jun 15, 2018, 2:53 PM
mhays mhays is online now
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Join Date: Jul 2001
Posts: 17,475
Similar to that. Early booms cut the acreage incrementally but the current one is probably cutting it by half, or maybe 2/3 if it keeps going (I'm now guessing it's been faster than my last guess). Or let's say 2/3 from 2006 to 2018.

But it's like a half-life. In any boom, some land owners (half?) decide to wait for the next one, or they're absentees and don't even think about it, or they try to get a project together but fail.
"Alot" isn't a word.
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