big numbersFrom what I've heard the Monterey Shale is generally 3 to 5 times thicker than the Barnett shale is in Texas. Its been in the news lately as big boom for California. There are a number of wells producing already from the Monterey in CA.
From the Rango presentation and what I've read on simple sites like wikipedia the production in the north Kettleman dome was pretty spectacular, if we can get anything like 1 to 2.5 million barrels per well and flow rates like they had (often greater than 4,000 barrels per day) Rango stock should have a market cap similar to Diamondback (FANG stock ticker)! There should be a huge uplift on production.