The drop in gas price is scary! - GoMarcellusShale.com2024-03-28T18:34:23Zhttps://gomarcellusshale.com/forum/topics/the-drop-in-gas-price-is-scary?id=2274639%3ATopic%3A658034&feed=yes&xn_auth=noSomeone else in the thread al…tag:gomarcellusshale.com,2015-02-02:2274639:Comment:6583972015-02-02T19:28:57.819ZKyle Nuttallhttps://gomarcellusshale.com/profile/KyleNuttall
<p>Someone else in the thread already mentioned it, but here's a link to an article about oil prices.</p>
<p><a href="http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx" target="_blank">http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx</a></p>
<p>You'll notice there are no timeframes mentioned. It's going to take a while for prices to come back up. </p>
<p>This is one reason why I encourage my…</p>
<p>Someone else in the thread already mentioned it, but here's a link to an article about oil prices.</p>
<p><a href="http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx" target="_blank">http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx</a></p>
<p>You'll notice there are no timeframes mentioned. It's going to take a while for prices to come back up. </p>
<p>This is one reason why I encourage my clients to ask for language in their leases allowing the company to shut-in the well indefinitely for free as long as gas prices are below a certain $/MCF adjusted for inflation. No sense giving away your gas for free. They can open other people's wells if they want to.</p> Annie Miller, Sounds like wha…tag:gomarcellusshale.com,2015-02-02:2274639:Comment:6582682015-02-02T17:29:48.518ZD L Thttps://gomarcellusshale.com/profile/DLTurner
<p>Annie Miller, Sounds like what Wally World does to cut costs from suppliers.</p>
<p>Those low prices won't last forever. This is not the first time this has happened. With these companies saying they are going to concentrate on drilling what leases they have, that may be partly true. Now that they have the "easy" people signed, they are using partition suits to bully those who have not signed. Doing this will let them finish up on the holdouts to complete a tract. They have you all…</p>
<p>Annie Miller, Sounds like what Wally World does to cut costs from suppliers.</p>
<p>Those low prices won't last forever. This is not the first time this has happened. With these companies saying they are going to concentrate on drilling what leases they have, that may be partly true. Now that they have the "easy" people signed, they are using partition suits to bully those who have not signed. Doing this will let them finish up on the holdouts to complete a tract. They have you all covered and you can either challenge them and spend some money in court or, sign a lease that is not very good. The one with the most toys wins. As seen posted before in some of the sites, they will buy or "borrow" a portion of a signed heirs minerals for money. That makes the company an owner after it's deeded to them and they use that to pursue your mineral interest. There complaint in a suit is, you are holding up their plans and development. Works, if they get a judge who agrees with them. We got summons/complaints from company attorney and when you read the stuff in them, your blood pressure jumps off the chart. These people are all about obtaining what makes them richer by any means. Oh, telling the truth is optional in their pursuit or should I say suit.</p> Why would you even post somet…tag:gomarcellusshale.com,2015-02-02:2274639:Comment:6583712015-02-02T02:57:13.408ZJoehttps://gomarcellusshale.com/profile/HarryS
<p>Why would you even post something like that?</p>
<p>Why would you even post something like that?</p> It's scary indeed, many folks…tag:gomarcellusshale.com,2015-02-01:2274639:Comment:6585212015-02-01T14:57:28.150ZBill Barnabyhttps://gomarcellusshale.com/profile/BillBarnaby
<p>It's scary indeed, many folks are losing money they don't even have yet!</p>
<p>It's scary indeed, many folks are losing money they don't even have yet!</p> anything can happen.if the mo…tag:gomarcellusshale.com,2015-02-01:2274639:Comment:6584152015-02-01T01:08:50.692Zgary smithhttps://gomarcellusshale.com/profile/garysmith
<p>anything can happen.if the moron running Russia decides to jump both feet into the Ukraine, or Israel decides they've had enough, the world will change overnight. or if we get hit , here, again. boom.</p>
<p>anything can happen.if the moron running Russia decides to jump both feet into the Ukraine, or Israel decides they've had enough, the world will change overnight. or if we get hit , here, again. boom.</p> gary,
I heard $100.00 by the…tag:gomarcellusshale.com,2015-02-01:2274639:Comment:6583382015-02-01T00:10:38.793ZBarry Dhttps://gomarcellusshale.com/profile/BarryDyngel
<p>gary,</p>
<p>I heard $100.00 by the 3rd or 4th qtr.</p>
<p>gary,</p>
<p>I heard $100.00 by the 3rd or 4th qtr.</p> opec spokesman just blurted o…tag:gomarcellusshale.com,2015-01-31:2274639:Comment:6582222015-01-31T23:50:27.335Zgary smithhttps://gomarcellusshale.com/profile/garysmith
<p>opec spokesman just blurted out that oil will be 200 a barrel soon.</p>
<p>opec spokesman just blurted out that oil will be 200 a barrel soon.</p> This happens because the exp…tag:gomarcellusshale.com,2015-01-31:2274639:Comment:6580012015-01-31T23:20:07.629Zfrank speakerhttps://gomarcellusshale.com/profile/russfenster
<p></p>
<p>This happens because the expenses stay fixed while both the price and production decline. Soon they may be shut in altogether while waiting for prices to come back, which they surely will.</p>
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<p>This happens because the expenses stay fixed while both the price and production decline. Soon they may be shut in altogether while waiting for prices to come back, which they surely will.</p> I received my royalty check t…tag:gomarcellusshale.com,2015-01-31:2274639:Comment:6579122015-01-31T21:59:25.636ZZack Jamesonhttps://gomarcellusshale.com/profile/ZackJameson
<p>I received my royalty check today from Noble. The other from CNX will arrive next week. My current check has declined so much. It's very discouraging and these royalties are supposed to be paid for years? That's hard to believe with the big decline so soon. I've been receiving royalties for just a little over a year now and the decline has been nothing less then scary. We (landowners) never thought about how the low gas price would affect our royalties so much. I hope the situation…</p>
<p>I received my royalty check today from Noble. The other from CNX will arrive next week. My current check has declined so much. It's very discouraging and these royalties are supposed to be paid for years? That's hard to believe with the big decline so soon. I've been receiving royalties for just a little over a year now and the decline has been nothing less then scary. We (landowners) never thought about how the low gas price would affect our royalties so much. I hope the situation improves.</p> There is some BIG monkey busi…tag:gomarcellusshale.com,2015-01-31:2274639:Comment:6578992015-01-31T17:28:45.656ZSherre Boyanowskihttps://gomarcellusshale.com/profile/SherreBoyanowski
<p>There is some BIG monkey business going on in the market. I'm sure a lot of it is not legal to be sure. There are those who know how to manipulate it and do.</p>
<p>There is some BIG monkey business going on in the market. I'm sure a lot of it is not legal to be sure. There are those who know how to manipulate it and do.</p>