"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…"
shakeshale's Discussions
Oil and Gas The Party’s Over
Started this discussion. Last reply by william Allen. Ladd Apr 21, 2020. 33 Replies 0 Likes
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 17, 2020. 6 Replies 0 Likes
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 0 Likes
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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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."
"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…"
"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"
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…"
"Their talking about Royalty relief for Oil and Gas firms
I wonder what that means ?"
"Chesapeake never left
Just changed names before going bankrupt"
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. "
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."
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."
"NAt GAs will come roaring back within a year or so ......... "
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…"
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."
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