Marcellus exceeding expectations

A new report showing the Marcellus production results:

 

http://online.wsj.com/article/AP2e119ea41fcd43248a082bc6e6ad4e24.html

 

This brings me to a place 1.5 years ago,  long time GMSers will remember, Chip Northrup. This anti kept stating on this site over and over "the play is uneconomic, it is Ponzi Scheme" . Recall that? Oh how I wish Chip still visits occasionally. If so, Chip , we told you so. This man still voices his biased opinions in his blog and in many venues. You are now discredited, amen to that! 

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Permalink Reply by henry summers on October 23, 2013 at 1:18pm

Great

015334grltd9mPermalink Reply by 015334grltd9m on October 23, 2013 at 3:25pm

I like the part that in Ohio it is OIL and NG in WVA and PA.  Also notice the statement about the decline curve of the PA wells is not like TX and the Bakken.

Permalink Reply by craig on October 23, 2013 at 3:27pm

I always enjoyed, with laughter, the visuals he created that went along with his garbage presentations. Cut and Paste doesn't work so good when doctoring actual pictures to fit your storyline. The one with the water trucks that were floating above the road is a classic!!!

Permalink Reply by martin on October 24, 2013 at 2:56am
We haven't heard of much interest in Marcellus in eastern Ohio. All the talk has been Utica. Does anyone have a current map of where the oil window in Ohio may be?
015334grltd9mPermalink Reply by 015334grltd9m on October 24, 2013 at 4:34am
Ohio Land Management has an noperations geologist in the permian basin Tx an ohioan who says we should be investing in the north and western oil part of the Utica .

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