what is the big deal about this? 315 million over 2 decades? Huh?


'Centerpiece' project
The Barnett's importance to Quicksilver is exemplified by a 20-acre drill site near Lake Arlington, where Quicksilver has a 75 percent leasehold interest.
The company has drilled two wells at the large pad site and plans to drill up to 14 all together there at a cost that CEO Glenn Darden puts at "roughly $3 million per well." Quicksilver expects the wells to be exceptionally prolific, yielding an average of about 5 billion cubic feet each during their producing lifetime. That's twice the expected output of many Barnett wells.
Even at a modest average gas price of $6 per 1,000 cubic feet, each well could generate $30 million in gross revenue over its lifetime. That would mean $420 million in total production revenue from that 14-well pad site over two to three decades, with Quicksilver's 75 percent share totaling $315 million (minus royalty payments of 27.5 percent to Arlington, the lessor).