Replies to This Discussion

Permalink Reply by John Pilkin on July 29, 2012 at 6:09pm

Melissa,

 

I don't understand your math...

Permalink Reply by Doug Duffield on July 29, 2012 at 6:55pm

Cryptic as always, as most of se Bradford is Chk, just who of the four partners are paying this price?

Permalink Reply by Mari-Anne Mahlau on July 30, 2012 at 9:45am

what is a "gathering"? And who was promised $12 gas? My fiancee and I inherited land with a lease and are completely new to all of this lingo. Is there a thread where the process and how royalties work is laid out?

Current gas prices on the commodity market were over $3 last week. We are not yet receiving royalties, but have a unit in Sheshequa with 6 wells planned and now drilled.

Permalink Reply by melissa humphrey on July 31, 2012 at 11:57pm

Duffield- those were Chesapeake, Anadarko may havee been $1.80 / mcf  for perspective. We will recheck, big difference.

Mari- "gathering" is transporting gas from wellhead to tie-in ti the interstate pipeline, Tenn Gas Pipeline in this case.   Natural Gas was deregulated in the 90s, I think it was. And is a free market, price is  baseline supply/demand. Supply exploded up the last few years and crashed prices even with record use/demand. However the gas rig count is 505 down from a high of `1600 IN June 2008, WHEN GAS was 10-13$ / btu.

Permalink Reply by melissa humphrey on October 25, 2012 at 3:46pm

http://www.mitenergyfinanceforum.org/