This may have been discussed at length at some point on this forum so please forgive me if I'm repeating a question that may have been answered.

Six years ago CHK drilled wells with 5000ft laterals; recently they have come back and drilled wells with 10,000ft laterals. The surprising thing to me is that initial per day production was about the same. I may be a little naive when it come to this business but my thought was a 10,000ft lateral would produce more per day than a…