Replies to This Discussion

Oil & Gas ProPermalink Reply by Bradley McWilliams on February 5, 2013 at 7:05

No doubt, but I was speaking more about the companies themselves, as opposed to maybe Devon, Apache, or Sandridge.  I thought it's just kind of a coincidence that the three companies here don't really go by a name, just initials.  Probably comes from me bouncing around in the truck too much.

I also think it's sad that all we have to talk about up here are the companies initials...

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on February 5, 2013 at 9:09

The price of natural gas has caused a lack of encouraging topics for discussion.  It will not stay depressed forever.  SWN has a valuable, long term asset in the Fayetteville Shale.  At their low production costs they just need a price over $4.25 to ramp up production.

Oil & Gas ProPermalink Reply by Bradley McWilliams on February 5, 2013 at 14:09

Yep, and it's my job to help make it lower...

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on February 5, 2013 at 14:18

Production cost or market price?

Oil & Gas ProPermalink Reply by Bradley McWilliams on February 7, 2013 at 2:49

Production cost. I have a service company up here in the F'ville.  The way to survive in this market is to come up with a better mousetrap now and then, so that's my job.  Lots of companies can do the same things the same way it's always been done, but figure out a safer, more cost effective way of doing things, and that makes you more valuable to the production companies.

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on February 7, 2013 at 2:56

Technical innovation has revolutionized the industry in the last 10 years and fluctuating energy prices don't seem to slow the pace.  Good Luck.

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