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Oil and Gas The Party’s Over

Started this discussion. Last reply by william Allen. Ladd Apr 21, 2020. 33 Replies

Looking at the Oil and Natural Gas markets today it looks like a blood bath WTI $30.80 down 26% Nat Gas $1.64 down 4.33% Saudis going to pump 10 million bbls a day to depress prices even more maybe…Continue

Ascent Eclipse Releasing Leases in Core of Guernsey County

Started this discussion. Last reply by Portiuncula Franciscan Hermitage Feb 18, 2020. 6 Replies

Was looking today at the core Utica Oil window in Guernsey County and was shocked to see leases being released by Eclipse and Ascent in Londonderry Oxford Wills Madison townships. I would think they…Continue

Permian Natural Gas selling at Negative $2.50 per MCF

Started this discussion. Last reply by James Lindstrom Apr 11, 2019. 5 Replies

Was reading article this morn 4/2/19 about Permian Badin Gas hitting a record low. Producers are paying $2.50 per MCF just to get it in the pipes

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Latest Activity

william Allen. Ladd replied to shakeshale's discussion 'Oil and Gas The Party’s Over'
"Like I said Shakeshale in an earlier posting," PUT YOUR BRAINS TOGETHER AND FIND ANSWERS!" Seems like all folks want to do is find fault with someone else. A great deal of the problem is simply, GREED! Greed for money and Greed for…"
Apr 21, 2020
Dan replied to shakeshale's discussion 'Oil and Gas The Party’s Over'
"Saw on the news that 20 million bbl are stuck in take away and transit with storage filled to capacity.  NG is getting a bump from this though."
Apr 21, 2020
shakeshale replied to George Aubrey's discussion 'covid 19'
"If your forewarned a pandemic is coming and all you do is stop only some people from the infected area not every single traveler from China Then you go to India on a self promotion tour and ignore the problem hoping you can lie it away Well I guess…"
Apr 21, 2020
shakeshale replied to shakeshale's discussion 'Oil and Gas The Party’s Over'
"Well Grandad Ladd How about minus $37.63 per bbl ? Can’t recall last time I remember oil going negative Oh I guess it’s because it’s never happened in the history of oil and gas That’s saying something"
Apr 21, 2020
John OBrien, landowner advocate replied to shakeshale's discussion 'Oil and Gas The Party’s Over'
"Today on CNN there was a brief story about the Russians and Saudis coming to an agreement on cutting production.  Mexico to cut production as well.  Hang in there, don't panic.  They soon realized they were hurting themselves in…"
Apr 11, 2020
shakeshale replied to Keith Mauck (Site Publisher)'s discussion 'West Texas Intermediate Under $7 barrel'
"Their talking about Royalty relief for Oil and Gas firms I wonder what that means ?"
Apr 2, 2020
shakeshale replied to James Vaughn's discussion 'Encino Royalties'
"Chesapeake never left Just changed names before going bankrupt"
Mar 26, 2020
Dan replied to shakeshale's discussion 'Oil and Gas The Party’s Over'
"Don’t know.  He’s crew supervisor and drug his huge 5th she’ll camper home.  Maybe other crews crews will be back soon.  "
Mar 26, 2020
Jim Litwinowicz replied to shakeshale's discussion 'Oil and Gas The Party’s Over'
"Local reports said it was just a three or four day shutdown."
Mar 25, 2020
Robert Bond replied to shakeshale's discussion 'Oil and Gas The Party’s Over'
"I agree and went Saudi's and Russians"s stop the price war oil will also go back up once this Virus is gone."
Mar 25, 2020
Ralph cramdon replied to shakeshale's discussion 'Oil and Gas The Party’s Over'
"NAt GAs will come roaring back within a year or so ......... "
Mar 25, 2020
Dan replied to shakeshale's discussion 'Oil and Gas The Party’s Over'
"Just saw a client yesterday in Georgia.  Said he was taken off the job with 7500 other workers and had to come home.  I asked where do you work.  He said currently Monaca PA.  Of coarse ended up he was working the build out of…"
Mar 25, 2020
Jim Litwinowicz replied to shakeshale's discussion 'Oil and Gas The Party’s Over'
"Problem is that many of these will go bankrupt and the stockholders lose it all.  Need to decide which ones will survive or bought/merged.  And some won't be bought up until after bankruptcy so stock holders will be left out."
Mar 24, 2020

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