Replies to This Discussion

Permalink Reply by Bob on December 9, 2009 at 11:25

Signing bonuses are water under the bridge for most of us. I just want to feel like I'm getting a fair price for my share of the gas and right now I don't!

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Permalink Reply by The_Baron on December 10, 2009 at 9:45

no one does. Even the operators. Gas prices will come back, its just a matter of when.

Permalink Reply by Scott on December 10, 2009 at 10:00

Maybe gas prices are heading toward 6. Haha I know Baron will tell me not to get ahead of myself. We had a good draw from storage and should get plenty more in the weeks ahead. We need to keep burning through this glut of gas.

Permalink Reply by The_Baron on December 11, 2009 at 4:18

64 BCF is a start, more tha expected, but still not a great drawdown.

Permalink Reply by Scott on December 11, 2009 at 5:23

Next week should be a good one. Looking for a 150 BCF withdrawl. More like hoping.

Permalink Reply by The_Baron on December 11, 2009 at 7:01

I'll be happy to see anything over 100

Permalink Reply by Gambler on December 11, 2009 at 5:32

Ok what does looking for 150 bcf withdrawel mean?

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Permalink Reply by RBH on December 11, 2009 at 5:36

withdrawal from "Stored" gas inventories which are unfortunately at all time highs, ie keeping gas prices down for a while

Permalink Reply by Gambler on December 11, 2009 at 5:43

ok now i understand... they are getting ready to hook my well up to a pipeline in the next month or so, so im trying to learn about some of this...thnks for the info

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Permalink Reply by The_Baron on December 11, 2009 at 7:03

check out this site
http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.html

Permalink Reply by Allen on December 9, 2009 at 2:18

Gosh Darn, this is off the present discussion. I am Grandpa using a different name. Remeber the well I spoke to you about earlier in the summer in Bossier Parish that was going to be a photo finish to drill, well they drilled it in Oct.

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Permalink Reply by gene on December 10, 2009 at 17:38

if you signed for a percentage, 1/5 how does this effect the amout of royalties you receive? thanks

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