US oil and gas boom benefits consumers: ABQ Journal (GREAT ARTICLE SHARE W/ A FRIEND!) - GoHaynesvilleShale.com2024-03-29T12:07:17Zhttps://gohaynesvilleshale.com/forum/topics/us-oil-and-gas-boom-benefits-consumers-abq-journal-great-article?feed=yes&xn_auth=noPaul
I'd be at a loss to tel…tag:gohaynesvilleshale.com,2013-11-27:2117179:Comment:31574762013-11-27T18:48:27.634Zdbobhttps://gohaynesvilleshale.com/profile/dbob
<p>Paul</p>
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<p>I'd be at a loss to tell you what the total rig count was at the peak in Shelby/Panola County, but I guess it was north of 30 rigs. I think you'll see a slight uptick from where we are right now into 2014, but it is highly unlikely that the high rig count will return anywhere in the foreseeable future. </p>
<p></p>
<p>Abundant gas in the Bakken, low cost of production in the marcellus and utica, and gas in other areas is going to be a big lid on gas prices. For…</p>
<p>Paul</p>
<p></p>
<p>I'd be at a loss to tell you what the total rig count was at the peak in Shelby/Panola County, but I guess it was north of 30 rigs. I think you'll see a slight uptick from where we are right now into 2014, but it is highly unlikely that the high rig count will return anywhere in the foreseeable future. </p>
<p></p>
<p>Abundant gas in the Bakken, low cost of production in the marcellus and utica, and gas in other areas is going to be a big lid on gas prices. For instance, right now, the dry gas portion of the Eagle Ford is not yet held by production. When prices get back up a bit, it may make sense to drill for dry gas in the Eagle Ford to hold those areas by production. </p>
<p></p>
<p>The question then becomes, what is needed to see strong Haynesville drilling - </p>
<p>sustained higher prices</p>
<p>from a combination of retirement of coal fired power plants, general economic recovery, more export, etc . Its all more than 18 months out.</p>
<p></p>
<p></p> Current uses of NG can only c…tag:gohaynesvilleshale.com,2013-11-27:2117179:Comment:31573632013-11-27T14:30:45.557ZP.G.https://gohaynesvilleshale.com/profile/PG
<p>Current uses of NG can only create so much demand for it which supply can easily meet.</p>
<p>Until something drastic happens that will increase serious demand, seems doubtful that prices will be going anywhere other than where they are now..</p>
<p> </p>
<p>Current uses of NG can only create so much demand for it which supply can easily meet.</p>
<p>Until something drastic happens that will increase serious demand, seems doubtful that prices will be going anywhere other than where they are now..</p>
<p> </p> When it is stated "inexpensiv…tag:gohaynesvilleshale.com,2013-11-27:2117179:Comment:31571132013-11-27T11:48:08.072ZPaul Patelhttps://gohaynesvilleshale.com/profile/PaulPatel
<p>When it is stated "inexpensive natural gas prices for years to come", is anyone able to speculate what natural gas prices could be in 2014, 2015, 2016..</p>
<p>Our only business is from the Haynesville Shale and new activity would really help our business. Otherwise we may need to shut the doors.</p>
<p>Thanks,</p>
<p> </p>
<p>Paul Patel</p>
<p>When it is stated "inexpensive natural gas prices for years to come", is anyone able to speculate what natural gas prices could be in 2014, 2015, 2016..</p>
<p>Our only business is from the Haynesville Shale and new activity would really help our business. Otherwise we may need to shut the doors.</p>
<p>Thanks,</p>
<p> </p>
<p>Paul Patel</p> When it is said low natural g…tag:gohaynesvilleshale.com,2013-11-25:2117179:Comment:31559662013-11-25T20:54:47.988ZPaul Patelhttps://gohaynesvilleshale.com/profile/PaulPatel
<p>When it is said low natural gas prices...do you mean $4-5 range or less.</p>
<p>Does that mean Shelby County & Panola County (Only with the Haynesville Shale) may not see much activity for another few years at least.</p>
<p>Thank</p>
<p>Paul</p>
<p>When it is said low natural gas prices...do you mean $4-5 range or less.</p>
<p>Does that mean Shelby County & Panola County (Only with the Haynesville Shale) may not see much activity for another few years at least.</p>
<p>Thank</p>
<p>Paul</p> Per the article, The price of…tag:gohaynesvilleshale.com,2013-11-25:2117179:Comment:31554792013-11-25T04:22:48.031ZBill Robertshttps://gohaynesvilleshale.com/profile/BillRoberts
<p>Per the article, The price of Oil begins to collapse post Iran nuclear deal....<br/> from Reuters "Oil falls sharply after Iran Nuclear Deal<br/> " ===> <a href="http://www.marketwatch.com/story/oil-falls-sharply-after-iran-nuclear-deal-2013-11-24" target="_blank">http://www.marketwatch.com/story/oil-falls-sharply-after-iran-nuclear-deal-2013-11-24</a></p>
<p>Per the article, The price of Oil begins to collapse post Iran nuclear deal....<br/> from Reuters "Oil falls sharply after Iran Nuclear Deal<br/> " ===> <a href="http://www.marketwatch.com/story/oil-falls-sharply-after-iran-nuclear-deal-2013-11-24" target="_blank">http://www.marketwatch.com/story/oil-falls-sharply-after-iran-nuclear-deal-2013-11-24</a></p>