"Balance Sheets tell more of a TRUE story than press releases ... A quick look leaves this Energy Investor UNimpressed . Seems like a lot of 'creative' Accounting occurring ... Illegal ? NO ... Shuffling of the deck ???? PS ,…"
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farmgas
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farmgas's Groups
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Clarion County, PA
147 members
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Armstrong County, PA
75 members
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Tioga County, PA
392 members
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Indiana County, PA
10 members
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Susquehan. County, PA
238 members
farmgas's Discussions
Mineral Rights & Lease Consolidation
Started this discussion. Last reply by Educate Me on Tuesday. 1 Reply 0 Likes
How common is the outright purchasing of mineral rights or the consolidation of existing gas leases in PA? Are gas leases too fragmented now to allow for long lateral drilling? This seems to be a…Continue
Nucomer Energy???
Started Jun 9, 2022 0 Replies 0 Likes
In today`s DEP e-facts notice is a new application for a Utica Shale well to be located in Forest County, PA. The gas company is listed as Nucomer Energy. Who are they? This seems to be the first…Continue
Armstrong County, PA
Started this discussion. Last reply by farmgas May 17, 2022. 1 Reply 0 Likes
What is happening in Armstrong County? Who is doing current development? Any development plans for the Armstrong/Indiana county border? Any new leasing for gas or pipelines? Continue
Well Bore Curve Accuracy
Started this discussion. Last reply by Ralph cramdon Dec 14, 2021. 2 Replies 0 Likes
How difficult is it to design & drill the well curve from the KOP to the target shale layer? Do gas companies often get this calculation wrong? What happens if they miss the target zone? Do…Continue
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farmgas's Page
Latest Activity
farmgas replied to farmgas's discussion 'Surging Natural Gas Prices'"CNX posted their 4Q report this morning. What is wall streets view?"
"Most likely buyout ? As I have posted before CNX has got my vote for a merger or takeover .. Though anything is possible and suprises happen all the time . Who is the most likely to eye CNX ? AR , RRC , EQT , SWN , take your pick . Currently…"
farmgas replied to farmgas's discussion 'Surging Natural Gas Prices'"Any gas companies "on the clock" for a buy-out bid? "
farmgas posted a discussionMineral Rights & Lease Consolidation
How common is the outright purchasing of mineral rights or the consolidation of existing gas leases in PA? Are gas leases too fragmented now to allow for long lateral drilling? This seems to be a potential issue for new drilling activity.See More
"Since late last week OIL is back into portfolio ... No more SPR release last week ... "
"Utes will be switching to more N Gas as gas prices decline .. Gas hit 3.57 yesterday , there comes a point where Gas becomes very Investable again . The major demand increases will be LNG exports , conversely my home State will be banning any new N…"
farmgas replied to farmgas's discussion 'Surging Natural Gas Prices'"What about the other USA markets including electric power generation? Are they significant enough to support & grow USA gas production?"
"Europe has been very warm . Looking to 2025 , there will be a handful of new LNG export plants online . Demand will rise another 5 B's or so . The next question is will PA marcellus benefit ? With all its surrounding States anti pipeline…"
farmgas replied to farmgas's discussion 'Surging Natural Gas Prices'"What happened to the huge need for natural gas in Europe? Has the weather been warmer then expected? How about the long term prospects? Will USA be a beneficiary of Europe`s future energy needs?"
"Things will be tight going forward .. N gas near $3.55 this morning , breakevens for many in the low $3's ... Now add INFLATION to drill a well and lay down pipe .. Where is the 'new' breakeven now ? "
"I am not suggesting more production .. Just the opposite , restraint of production is needed ... At $9 gas , every old gas well is reopened , every dollar private produccers have gets reinvested .. hence increasing production .. Who is my #1…"
farmgas replied to farmgas's discussion 'Surging Natural Gas Prices'"Ralph, are you suggesting gas companies need to increase production to off-set lower gas prices? Wouldn`t that be good for further development & drilling? Will the natural gas industry be exposed to buy-outs and consolidations…"
"Profits in producers are being destroyed .. Producers increasing production , warm weather , here and in Europe , and LNG export plant down are all contributing factors ... First time in over 20 plus years , 90% into T Bills and OUT of Energy .…"
"Gas now at $4.46 ... Propane storage 17 % ABOVE 5 year average ....."
"Good point about the Steam heat to all those NYC skyscrapers .
Mostly out of N Gas as of now , the producers keep increasing production , hence driving down spot prices ... Own a couple of pipeliners , light on producers "
Profile Information
- Introduce Yourself
- Wanting to be informed about prospects for drilling in my area.
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- Pennsylvania
- What shale plays do you follow?
- Marcellus, Utica
Farmgas's Blog
Where do we go from here??
Posted on September 25, 2018 at 5:06pm 1 Comment 0 Likes
Has the natural gas industry peaked or is it just holding until conditions change? What are those conditions that can surge the industry again? Are we just at a point where the initial positioning for market share, core area location and infrastructure availability has stabilized the industry for a slow but steady future approach for development? There just doesn`t seem to be big news anymore! When might we see another surge or maybe not?
Where do we go from here?
Posted on September 25, 2018 at 8:57am 0 Comments 0 Likes
Has the natural gas industry peaked or is it just holding until conditions change? What are those conditions that can surge this industry again? Are we just at a point where the initial positioning for market share, core area location and infrastructure availability has stabilized the industry for a slow but steady approach for further development? There just doesn`t seem to be big news anymore! When might we see another surge or maybe not?
Comment Wall (2 comments)
- At 7:10pm on March 6, 2014, lettijack said…
- I may have assumed wrong then?? Well we can still share information pertaining to consols operations and plans I guess.
- At 6:07pm on March 6, 2014, lettijack said…
farmgas,
I'm still in negotiations mode so i try to say the minimum on the open discussion pages incase any consol Landmen are active on GMS.
I did see they permitted some wells in Indiana county last year and i bet those wells are within a stone's throw of the TL-474 Transmission line. if you want to keep tabs on the wells around beaver run check out MAWC.com and then click on the marcellus tab.
Do you know the terms of any gas leases they have signed around you?
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