Came in an email forward:
After further examination of the economic viability of the Milner gas well site, XTO Energy has decided not to pursue drilling activities at the location. Our plan envisioned connecting all three proposed sites (Milner, Joe Wright and Sky Creek Ranch in Keller) with one pipeline. Building a pipeline for just one site given the smaller gas stream does not yield a project that is competitive with other investment opportunities.
Unfortunately there is not enough time to re-file our permits before the leases expire.
We are very disappointed with the outcome as the originally-proposed project was a good opportunity to responsibly develop the mineral assets for many residents of Southlake.
Public & Government Affairs Advisor