Replies to This Discussion

Permalink Reply by wyalusing jim on April 23, 2013 at 10:14am

the nymex closed the month at $3.226 in february, $3.162 sounds fine to me.

wj

Permalink Reply by sircedric on April 23, 2013 at 2:28pm

o no,not again! your up melissa. lol

Permalink Reply by Tom on April 30, 2013 at 6:08am

We got $3.1 from SWN also.  Anybody know why when you look at the DEP 6 month production reports there are different totals of "production days" for different wells.  Some are 180 some are 164 etc.   Do they shut some down at times for different reasons?  My volume goes up and down.  I can't undertand how anyone could determine a depletion rate.  It seems like they are all being regulated.

Permalink Reply by wyalusing jim on April 30, 2013 at 10:25am

you did good. my neighbor got $3.04 from swn on his statement.

wells are shut in for hours or days from time to time for repairs and maintenance. those short shut ins add up to more noticeable differences during a reporting period.

wj

Permalink Reply by melissa humphrey on May 19, 2013 at 9:36pm

The reference was to the NYMEX price taht day.

Biased in disappointment vs the FEB CHK price which of course is teh price on Apr Checks.

see SWN vs CHK for 16 yrs.

Permalink Reply by melissa humphrey on May 21, 2013 at 6:47am

I can't find the NEW TOPIC  click==

here anyway-

Vast changes underway, but what seems obvious, isn’t always on. Some investigation finds approx. 10 power  generation plants proposed for PA. Elec  is traded like any commodity, but limited by transmission capacity and distance.   Lots of gas to generate more wattage sounds good but it has to be economic and though merchants are behind much of this, there still seems to be some NERC involvement.

‘

Investors need some assurance of potential market, margin range and edge before committing.

 

I see PPL’s 1^st QTR prod was down high single digits, demand growth in the NE isn’t that great. Many older coal ops are retiring, especially in ‘15 but if you look closely, nearly in all cases, these have been operating at low % of capacity for a long time – ie 25-50%.

 

So if merchants  can go ahead, who is going to lose mkt share, if they have edge? NG as fuel is cheaper, even at 5$, but older plants are long ago paid for. Of the 10 proposed, there is some thought maybe only 3-4 might get funded.Biased here but we hope the 2 NE PA proposals have better odds.

 

H. Melissa