farmgas
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Is there hope for the gas industry?

Started this discussion. Last reply by Ralph cramdon yesterday. 42 Replies

We are halfway through 2021, and now what is the outlook for further development in PA, Ohio & WV?  Are prospects looking better for this year or will 2022 be a better year for us?  Everything…Continue

Gas companies on the move...

Started this discussion. Last reply by farmgas Jun 9. 2 Replies

Cabot Oil & Gas was recently purchased by Climarex.  Who might be next?   Who are the companies looking to expand and which companies are exposed for purchase?  What are the signs of a company…Continue

Drilling Plans & Activity in Central PA

Started Apr 21 0 Replies

It looks like Laurel Mountain Production is currently drilling & planning future drilling in Clarion County in Perry Township.  What has attracted them to this area?  Is there pipeline takeaway…Continue

E&P Gas Companies Quarterly Reports

Started this discussion. Last reply by farmgas May 10. 8 Replies

Is it just me or are we entering into a new phase of reporting from gas companies providing drilling activity plans, geological information with graphs & charts or any other information that we…Continue

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Latest Activity

Ralph cramdon replied to farmgas's discussion 'Is there hope for the gas industry?'
"Looking at CNX a bit deeper ... CNX had a very decent Free Cash flow qtr ...... "
yesterday
Ralph cramdon replied to farmgas's discussion 'Is there hope for the gas industry?'
"PS I currently own EQT and AR ... With a bias to sell EQT .... "
yesterday
Ralph cramdon replied to farmgas's discussion 'Is there hope for the gas industry?'
"CNX had a lot of production hedged , drilled some Marcellus , zippo Utica .. Unimpressed .. Differentials not too good either .....   EQT got a butt whupping today on big losses due to hedging , also provided info on 2022 hedges , markets very…"
yesterday
farmgas replied to farmgas's discussion 'Is there hope for the gas industry?'
"CNX delivered their 2nd quarter report today.  Basically all financial information and not much information for landowners or lease holders.  Very little information about their operations.  Do analyst prefer this type of report over…"
Thursday
Ralph cramdon replied to farmgas's discussion 'Is there hope for the gas industry?'
"You are correct Farmgas ... in a environment of lowering gas prices hedges may be very helpful to profits , conversely ,, rising gas prices may hurt profits if the spot price goes above  the hedged price ... NGL is harder to hedge , and usually…"
Thursday
farmgas replied to farmgas's discussion 'Is there hope for the gas industry?'
"Ralph: Is hedged gas good or bad for a gas company?  Seems it locks them into a pricing which may help them during lower gas price environments but prevents them from taking advantage of surging market prices.   Looking at a CNX…"
Wednesday
Ralph cramdon replied to farmgas's discussion 'Is there hope for the gas industry?'
"RRC blew it big time when they payed way too much from Memorial 's 'deep pink ' in LA .... Deep Pink turned out to be very limited in size , RRC took on huge debt ..  and recently sold it of for pennies on the  dollar ....…"
Wednesday
farmgas replied to farmgas's discussion 'Is there hope for the gas industry?'
"Thanks Ralph for your insightful comments.  I read the RRC 2Q report yesterday and like so many other gas company reports it was less then informative.  The best one in my view is Seneca Resources which still details their drilling plans…"
Wednesday
Ralph cramdon replied to farmgas's discussion 'Is there hope for the gas industry?'
"COG has encouraged power plant deals  in its region ..... Gas companies I would think would be reluctant to actually own power plants , as it takes away its focus on drilling ......... NFG has been under pressure over the years to sell its…"
Wednesday
Ralph cramdon replied to farmgas's discussion 'Is there hope for the gas industry?'
"CNX share price has lagged due to lack of future Marcellus well sites ... Most think CNX has less than 10 years of tier 1 Marcellus left ... NFG / Seneca has tier 2 Marcellus , therefore it is developing its Utica ..... Last I looked NFG Utica …"
Wednesday
william Allen. Ladd replied to farmgas's discussion 'Is there hope for the gas industry?'
"That is a great question Farmgas.   To do so just might be better then to just convert some company over from some other form of energy.  Financing in part of some university project  might be a good start.    Granddad…"
Wednesday
farmgas replied to farmgas's discussion 'Is there hope for the gas industry?'
"Do gas companies consider creating their own consumer for their gas?  For example, any insights into any gas companies financing the building of an electric generation plant."
Wednesday
farmgas replied to farmgas's discussion 'Is there hope for the gas industry?'
"Ralph:  Seems like most companies favor only drilling Marcellus wells with an occasional Utica well.  Both EQT & Range seem to follow this pattern.  CNX Gas seems to do the opposite.  Seneca Resources seems to be expanding…"
Tuesday
Ralph cramdon replied to farmgas's discussion 'Is there hope for the gas industry?'
"Mariner East tracks thru southern PA ,.... Mr Ladd is located in N PA "
Monday
Corvette replied to farmgas's discussion 'Is there hope for the gas industry?'
"Could be the Mariner East pipeline. Sunoco ran it from Cadiz Ohio to be loaded on ships for Europe at Marcus Hook New Jersey'"
Monday
william Allen. Ladd replied to farmgas's discussion 'Is there hope for the gas industry?'
"About two years ago  A large pipeline, about thirty inch  I believe it was,  was being laid  in a west to east direction.  It crossed route 249 just south of Sabinsville maybe three or four miles.   I have no idea…"
Monday

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Introduce Yourself
Wanting to be informed about prospects for drilling in my area.
What is your role?
Landowner
Which state(s) are you following?
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

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

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?

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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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