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PA House Bill 1684 continues to languish ........
15 Replies

With the PA House of Representatives back in session, it is time to lobby our representatives with the request that they pass HB1684.The following is copied from:…Continue

Started this discussion. Last reply by Ron Hale Sep 25.

An Evaluation of Fracture Growth and Gas/Fluid Migration as Horizontal Marcellus Shale Gas Wells are Hydraulically Fractured in Greene County, Pennsylvania
4 Replies

A long (80 page) study has just been released by the U.S. Department of Energy. The study is titled:  “An Evaluation of Fracture Growth and Gas/Fluid Migration as Horizontal Marcellus Shale Gas Wells…Continue

Started this discussion. Last reply by Nancy Mosley Sep 16.

Residual hydraulic fracturing water not a risk to groundwater, study says .........
5 Replies

In case you missed this on Jack's Picks, this research is notable in explaining away some of the unfounded groundwater concerns.Source:…Continue

Started this discussion. Last reply by Barry D Sep 12.

Jack's Picks VI
122 Replies

What follows is a discussion in which I will post/share industry related articles that I believe to be of general interest to some who frequent this site.Continue

Started this discussion. Last reply by Barry D on Sunday.

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Latest Activity

Jack Straw replied to farmgas's discussion 'Natural Gas Prices on the Rise!'
"RE: "the reason that I point out to you that spot prices are misleading is, that those prices only make up a small percentage of the price upon which our royalties are based." That may or not be true, depending upon the…"
1 hour ago
Jack Straw replied to farmgas's discussion 'Natural Gas Prices on the Rise!'
"RE: "I`m thinking Consol receives a higher Mcf price because of their 15 year contract with Dominion." In long term contracts (as in any contract) each party attempts to get as good a deal for themselves, as possible. The price and terms…"
6 hours ago
Jack Straw replied to farmgas's discussion 'Natural Gas Prices on the Rise!'
"RE: "actually jack, the price that your lesse(s) sell your gas for is what matters" True, but the price that YOUR gas sells for is related to the prices that are prevalent at the hub into which your gas is marketed (with little…"
6 hours ago
Jack Straw replied to farmgas's discussion 'Natural Gas Prices on the Rise!'
"RE: "There is relatively no volume to establish future's prices beyond 2015 on HH." Point well taken. Not only is the NYMEX Henry Hub price irrelevant to denizens of the Marcellus/Utica; but additionally the volumes of Natural Gas…"
11 hours ago
Jack Straw replied to farmgas's discussion 'Natural Gas Prices on the Rise!'
"RE: "Would NG produced by Consol in the Westmoreland, Indiana and Jefferson counties be directed into the Dominion pipelines heading to Renova which would be covered by Leidy-Transco hub pricing?" Yes RE: "If so, only this…"
yesterday
Jack Straw replied to farmgas's discussion 'Natural Gas Prices on the Rise!'
"RE: "What do these prices need to rise to become profitable for drilling?" My opinion .... some uptick in activity in the dry gas areas if Natural Gas prices (PA Hubs, NOT Henry Hub) average $5/mcf over an extended (at least 6 month)…"
yesterday
Jack Straw replied to farmgas's discussion 'Natural Gas Prices on the Rise!'
"RE: "I also wonder how this news comes into play: "Did The Winter War Just Begin? Russian Gas Supplies To Europe Plunge 15%, Ukraine Transit Slashed 54%" What happens in Europe, stays in Europe .... as far as Natural Gas is…"
yesterday
Jack Straw replied to farmgas's discussion 'Natural Gas Prices on the Rise!'
"RE: "Do not the gas companies have contracts based upon hedge funds which are generally above $4?" You are confusing Hedge Funds with the act of hedging forward production. Hedge Funds are financial entities, the name "hedge…"
yesterday
Jack Straw replied to farmgas's discussion 'Natural Gas Prices on the Rise!'
"RE: "When Consol CNX Gas and Noble Energy formed a JV, I read that a part of the agreement called for Noble to share cost for drilling if the average price of NG was $4/mmBTU for a 3 month period based upon NYMEXHenry Hub prices.   Do…"
yesterday
Jack Straw replied to Mike Murphy's discussion 'DOMINION RECEIVES APPROVAL FOR COVE POINT LNG TERMINAL'
"For the Cove Point facility, upon completion: "It will be able to export up to 5.75 million metric tons of LNG a year when fully operational." To 'translate' the above into a number we can better relate to: 5.75 million metric…"
yesterday
Jack Straw replied to farmgas's discussion 'Natural Gas Prices on the Rise!'
"It is a complicated system; one that is complicated by design; and I assure you that it was not designed for the benefit of the Royalty Holder. Last Winter, the spot market at some of the City Gates in the Northeast on certain days hit ridiculous…"
Tuesday
Jack Straw replied to farmgas's discussion 'Natural Gas Prices on the Rise!'
"I hope that you are not basing your optimism on the commonly quoted NYMEX Henry Hub prices.   The Marcell & Utica are a long way from Henry, Louisiana   …. both in distance and pricing.   From ICE Day Ahead Natural Gas Price:   Henry…"
Tuesday
Barry D replied to Jack Straw's discussion 'Jack's Picks VI'
"JS, Generally I am not a conspiracy theorist. However, it is becoming more apparent that this Administration likes chaos. In particular chaos of it's own making. Each of the issues which you cite are a direct result of the policies of this…"
Sunday
Jack Straw replied to Jack Straw's discussion 'Jack's Picks VI'
"Source:  http://www.bloomberg.com/news/2014-09-26/natural-gas-futures-rise-as-cold-may-limit-supply-gains.html?cmpid=yhoo Natural Gas Futures Rise as Cold May Limit Supply Gains By Christine Buurma and Mario Parker Sep 26, 2014 12:40 PM…"
Sunday
Jack Straw replied to Patrick Donnelly's discussion 'Appalachian dry gas pricing and midstream'
"RE: "We can't sell this amount of gas to ourselves we have to export." Because of NAFTA, we can and will export Natural Gas to Eastern Canada (Ontario and points east) and to Mexico. Eastern Canada needs the Natural Gas; they are…"
Sunday
Philip Thackray replied to Jack Straw's discussion 'Jack's Picks VI'
"Jack, Great article - thanks for posting. It will be many years until the market becomes favorable to the E&P companies and the Landowners. I'm in an XTO unit (Marburger B, Forward Township, Butler County, PA) held by two Marcellus wells…"
Saturday

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What is your role in the Marcellus?
Landowner
Which state(s) are you following?
Pennsylvania
What shale plays do you follow?
Marcellus
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Comment Wall (3 comments)

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Join GMS: All things pertaining to the Marcellus & Utica shale plays

At 5:48pm on August 1, 2012, lynn said…

Sorry to hear about the health problems-sure hope they're over and you can get on with your projects.  Can't believe how fast this summer's going by.

At 10:53am on May 17, 2012, George Ballou said…

Reading through yer postings...

looks good from Louisiana.

At 12:09pm on December 9, 2011, Lenore M. Mason said…
 
 
 

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