"The good news is that Chessie is cutting , the bad news is that others are holding flat , especially the Permian Drillers .... N gas once again is slowly but steadily dropping once again .... Seems to be a lot of gas in Europe and Japan as well…"
"Chessie is a fine outfit , owned it on and off since 2000's ... it has been good to me ...Last time I walked is when Doug bought Wildhorse in the Eagleford .... Balance sheet was in bad shape and the bankruptcy was plain to see if one bothered…"
"Paleface , NFG is a 'jack' of all trades .. Utility outfit , pipeliner , driller /producer .... NFG utility rate of return is in the 8% range which is determined by NY regulators ... NFG has been having a nasty time getting new interstate…"
"Read the NFG presentation , I was hoping / looking for more color on well results in Tioga Utica . They seem to focus on that region , but are mute on EUR's . NFG western lands are seem to be sub par , as this area is royalty free and yet they…"
"Drillers want gas/oil wells ... The gas helps push the oil thru the pores of rock so the oil can be harvested . The same hole is used ... Till several years ago , it was quite often cheaper to burn the gas or flare it at the well site , now that is…"
"Multiple factors play into why producers dont often cut back on production . Once a well is in production , they want / need the cash flow to pay the bills . Transportation is expensive and if a producer does not fill the pipe acording to the…"
"Paleface , We are strongly considering becoming Fla residents , while keeping the NY home and various business interests up there ..... Tax savings alone make it a very worthy consideration ... NY taxes and regulations are slowly crippling growth ,…"
"Growing up in the Streets of NYC , I only get there now for my fix of Korean food [ no I am not Korean } , and to visit two of my young adult Kids , one in the upper west side and one in Brooklyn ...
My Brooklyn guy is ready to…"
Maybe I mistook Granddad as you. I am still trying to re-read to understand who is who. The father reigned NY for decades, now we are under the diaper. I could not allow myself to use the word “served”, as we were not served; but rather reigned.
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]