landowner

AT WHAT PRICE IS HS PRODUCTION ECONOMICAL?

If a producer has no hedges in place, what price would gas need to be in order to be ecomomical based on present cost to drill?

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landownerPermalink Reply by little ole 1st grade teacher on September 3, 2009 at 12:45
Maybe $5.00 ... someone "looking in" on a well told me about 2 months ago....I'm not sure what this person's job was but he was at a well in Shelby County....he actually had a key to open up the chain link/gate going into the well....so I'm assuming that he may have known what he was talking about.

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on September 3, 2009 at 13:24
The key to the gate on a well pad does not a knowledgeable party make.

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