Tough times for US natural gas

8 Comments on "Tough times for US natural gas"

coffeeguyzz on Fri, 2nd Jan 2015 9:37 am 



For anyone curious as to the potential future of natgas production in this country, Richard Zeits just posted – on Dec. 31 on Seeking Alpha, a current, comprehensive overview of the absolutely staggering amount of gas that is being tapped in the Marcellus/Utica formations.
A few data points not mentioned in that article are Stone Energy’s recent 24hr IP of 30mmcfd with a very short 3,600′ lateral, and the 10 well pad a few years back by, I believe Cabot, that had a 30 day IP average of 17mmcfd per well.
Lottsa gas.

Mike999 on Fri, 2nd Jan 2015 10:37 am 



All new natural gas projects should be stopped to recover the price. But, let’s see what they do, probably drive each other into Bankruptcy: Unregulated, unManaged Capitalism.

buddavis on Fri, 2nd Jan 2015 11:23 am 



Mike

I do not think you understand capitalism.

Apneaman on Fri, 2nd Jan 2015 11:44 am 



Dog eat dog Capitalism for the 99% and bail out subsidy socialism for the 1%. Keep waving that flag and getting all teary eyed when they play the national anthem suckers. That’s the effect it’s designed to have. Bhaaa Bhaaa Bhaaa

The 2.6 Billion Dollar Welfare Payment That The U.S. Government Gives To Wal-Mart

http://theeconomiccollapseblog.com/archives/2-6-billion-dollar-welfare-payment-u-s-government-gives-wal-mart

https://consortiumnews.com/2014/12/31/murdoch-scaife-and-cia-propaganda/

Makati1 on Fri, 2nd Jan 2015 7:14 pm 



You are so right, Apneaman. I hope it goes to $1 and takes out the whole fraking bunch. But that would mean the collapse of the USSA Mafia and a chance of peace in the world. Not going to happen … yet.

rockman on Sat, 3rd Jan 2015 7:06 am 



M – If NG went to a $1/mcf it would only be due to a major recession leading to tens of millions of non-oil patch unemployed. As much as folks would like to believe otherwise the health of most of the global economies is linked to hydrocarbons.

So be careful what you wish for… you might get it.

Kenz300 on Sat, 3rd Jan 2015 11:41 am 



The transition to safer, cleaner and cheaper alternative energy sources continues.

Utility-scale Solar Has Another Record Year in 2014

http://www.renewableenergyworld.com/rea/news/article/2014/12/utility-scale-solar-has-another-record-year-in-2014

Makati1 on Sat, 3rd Jan 2015 6:48 pm 



rockman, bring it on! The sooner it all goes down, the sooner we can reset to a more real world. Too bad for the millions of future Walmart greeters, but that is going to happen anyway, and the sooner the better for all of us.