I recall from my past days dealing with producers, that when floods come into producing areas they had shut in the fields. This is the part I want to confirm though; if I remember correct, they had to pull the meters out of the fields to keep them from getting damaged. Is this correct, or is my memory aging?
They are saying this flooding will rival the great 1927 floods and will be impacting over the next two-weeks, so this is all still in front of us.
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Thank you for the reply. I thought that was the case. I am trying to guage the impact of this event; how much gas may be shut in. Any help from anyone knowledgable about the lay of the land along the river basin would be useful. Looking for the areas that will have impacts that I can match up with current parish production data.
Thanks.
Baron, several years ago I worked a project just South of Catahoula Lake around Stock Landing. There were the ghosts of the old well sites from the 40's that looked like 30 feet tall indian mounds.
During the high water of 73 I flew over it while they were opening the locks at Morganza on my way to New Orleans. Most of Eastern LA was a lake from Rapides Parish to the Mississippi River. I drove back from New Orleans and when I cut back North from Hwy 190 onto Hwy 71 just West of Krotz Springs, water was up to just a couple feet of the road. The road was completly paved with squshed mudbugs. You had to go slow because if you hit the brakes you would loose control, almost like being on ice.
That was about the same time crawfish prices crashed to $0.10/ lb
Will this situation of wells in Eastern Louisiana shutting down create a bit of scarcity and drive the price of natural gas up for a few weeks?
Could this help jumpstart even further more drill sites and collection of gas with the higher prices in place?
Thoughts?
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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