This is an interesting article -
http://business.financialpost.com/2013/07/24/encanas-q2-operating-e...
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Permalink Reply by Skip Peel - Mineral Consultant on I agree. Thanks for posting it, Tom. A number of mid-majors have been wrestling with how to chart a future course that creates the correct product mix. EOG led the exodus from dry gas plays and a move to focus on liquids. It's worked out quite nicely for them and The Street holds them in high regard. This quote from the article would probably be seconded by a number of companies in the same cohort.
“And I think we have more confidence in the robustness of things like oil and condensate and the heavier end of the NGL stream than the lighter end” such as propane and ethane.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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