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Permian Natural Gas selling at Negative $2.50 per MCF

Started this discussion. Last reply by James Lindstrom Apr 11. 5 Replies

Was reading article this morn 4/2/19 about Permian Badin Gas hitting a record low. Producers are paying $2.50 per MCF just to get it in the pipes

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shakeshale's Page

Latest Activity

shakeshale replied to Richard Jefferson's discussion 'Ron Hale'
"Hope there’s enough room at the asylum for the both of you"
Nov 12
shakeshale replied to djefferis's discussion 'Leasing outlook in Eastern Ohio (Guernsey/Noble/Belmont/Monroe)'
"Very simple they have picked the very best spots and will now keep developing those areas There will be no more land groups ( remember those ) No more minerals meetings no more pesky Landman bothering everyone There will be lots of outfits…"
Nov 6
shakeshale replied to Terry Getz's discussion 'New Mineral consultants in the area'
"Get lost Keith what happened to no soliciting on this site ? Let the vultures spend money advertising instead of preying on your members"
Nov 2
shakeshale replied to Dan Thomas's discussion 'Landowners sue Encino Energy over royalty checks'
"Man this site has gone to the wing nut conspiracy side Since all the oil and gas activity is over might as well put a stop to this nonsense"
Oct 29
shakeshale replied to bo boboski's discussion 'Incomes dwindling ?'
"As far as selling minerals yes you can But it’s a buyers market They know when people are in a squeeze and will buy what and where they want at their price Most have what they want and have moved in to Permian Basin or Bakken Oil plays"
Oct 28
shakeshale replied to bo boboski's discussion 'Incomes dwindling ?'
"Look at what farmers are doing in California Oregon Colorado Kentucky Pennsylvania It’s called HEMP a crop that has multiple uses and is growing larger every day in all the states that legalized cultivation Of course here in Ohio we are behind…"
Oct 28
shakeshale replied to Dan's discussion 'Inside Trump's plan to save Appalachia: Mountains of plastic, rivers of radioactive waste and billions of Chinese dollars'
"How does one Take someone’s 2nd amendment right ? Does it not take a super majority in both houses of Congress to change anything in our constitution ? Besides if someone is coming to take your guns just don’t give them up is the answer"
Oct 2
shakeshale replied to farmgas's discussion 'What will the gas industry look like in 2020 and beyond?'
"Well said"
Sep 30
shakeshale replied to Kathryn Ware's discussion 'Deductions by Encinco'
"You should arrange a meeting with State Rep Jim Jordan from over near Columbus He would love to hear your grievances"
Sep 11
shakeshale replied to searcherone's discussion 'Flatrock'
"Oil and gas is a gamble Life is a gamble If you don’t like the odd get a better hand or fold"
Sep 9
shakeshale replied to Kathryn Ware's discussion 'Deductions by Encinco'
"Philippines Looking for his mail order bride is what we heard"
Sep 9
shakeshale replied to Kathryn Ware's discussion 'Deductions by Encinco'
"The above posts are why I recommend selling your mineral rights After all what do you get in the end but screwed by some large company you won’t be able to beat in court Or the cost will be so high it does not make sense By selling the mineral…"
Sep 4
shakeshale replied to James Vanderink's discussion 'Artex to drill shale wells in Muskingum and Noble counties.'
"Surface to Center"
Sep 4
Brett McCormick left a comment for shakeshale
"Still looking to get leased? I know all the big players in these two counties. Let me know"
Sep 3
shakeshale replied to Angela Brown's discussion 'Edgemarc Energy'
"They didn’t pay anyone Guess all that talk about being backed by Goldman Sachs was BS"
Apr 24
James Lindstrom replied to shakeshale's discussion 'Permian Natural Gas selling at Negative $2.50 per MCF'
Apr 11

Profile Information

Which state(s) are you following?
Pennsylvania, West Virginia, New York, Ohio, Texas, Oklahoma, North Dakota, Colorado, Kansas
What shale plays do you follow?
All Shale Plays

Comment Wall (2 comments)

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At 11:52am on September 3, 2019, Brett McCormick said…
Still looking to get leased? I know all the big players in these two counties. Let me know
At 1:11pm on August 12, 2019, Brett McCormick said…
Please feel free to email me at Brett.mccormick@monarchfc.com. In the email, could you also write what townships these minerals are in? We can begin conversation from that point. Thank you.

Brett McCormick
412-527-8997
 
 
 

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