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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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Latest Activity

shakeshale replied to pa landowner's discussion 'edgemarc bankruptcy'
"Guess old Goldman Sachs stopped backing edgmarc"
Jun 5
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
James Lindstrom replied to shakeshale's discussion 'Permian Natural Gas selling at Negative $2.50 per MCF'
"A couple of years ago EQT sent a letter around to royalty owners informing them that they, EQT, had the right to pass losses on to landowneers. If this is really where we're going, I might get really serious about selling my rights and let…"
Apr 10
Dott replied to shakeshale's discussion 'Permian Natural Gas selling at Negative $2.50 per MCF'
"I have read some threads in the past of people complaining that the producers deducted money from their checks for just this very thing. They ended up owing not collecting."
Apr 8
shakeshale replied to shakeshale's discussion 'Permian Natural Gas selling at Negative $2.50 per MCF'
"Wonder how the Royalty works on that You pay the company for taking your gas ?"
Apr 3
Ralph cramdon replied to shakeshale's discussion 'Permian Natural Gas selling at Negative $2.50 per MCF'
"WAHA  hub now at a NEGATIVE  $3.38 for gas ,, not much relief till end of year ...."
Apr 3
shakeshale posted a discussion

Permian Natural Gas selling at Negative $2.50 per MCF

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
Apr 2
shakeshale replied to Old Timer's discussion 'Montage Resources now what?'
"What’s next ? If their stock price is any indicator what’s next is Magnum Hunter time They have lost 58% of Value since we purchased"
Apr 2
shakeshale replied to carp's discussion 'No cost'
"You won’t receive free gas from any new deep well drilled by EQT maybe a once a year payment 1200 or something like that. And if it’s an old lederhosen EQT lease at 12.5% royalty you maybe surprised when the check comes with the…"
Aug 11, 2018
shakeshale replied to joe's discussion 'royalties dropping when will it stop'
"It never stops I have seen 75% to 80% declination over 5 yr period to the point 92 unitized acres in 4 sepetate units at 15.50% bring in about $ 1400.00 per month or approx $15.21 per acre from a well that produced over 1 BCF in its first 3 months…"
Jul 31, 2018
shakeshale replied to Mother's discussion 'I see Lola Energy is back???? Anyone have dealings with them?'
"No"
Jul 30, 2018
shakeshale replied to Keith Mauck (Site Publisher)'s discussion 'Looking for new gas & oil in Ohio'
"According to a site called Shale Experts the headline is Cabot Utica Exploratory Ops come up empty in Q2 drilling to resume I didn’t feel like paying $900.00 to subscribe to read the full story"
Jul 30, 2018
shakeshale is now a member of GoMarcellusShale.com
Jul 29, 2018

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