Surging Natural Gas Prices

How are the surging natural gas prices affecting drilling this year, and what about going into 2022?  Are the gas companies taking advantage of these higher prices?  What`s next?

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Permalink Reply by Ralph cramdon on February 14, 2024 at 1:20pm

Too much production ... Still sitting watching 

Permalink Reply by farmgas on February 16, 2024 at 2:43am

How will investors/shareholders view a gas company who shows a cut back in production?  Should investors be advocating this cut back?  Consumers of gas are probably thrilled over the supply glut. 

Permalink Reply by paleface on February 16, 2024 at 3:40am

I think the economy Is in limbo now waiting for the presidential election results. Regardless who wins we could have an even larger glut of gas Trump wins everybody starts drilling Biden wins gas is what we have now and worse. 

Permalink Reply by Ralph cramdon on February 16, 2024 at 4:52am

Nobody is making money at $1.60 gas .... As I have mentioned before ,, the Old Farmer will prevail ,,,... The question is when ? 

Permalink Reply by farmgas on February 19, 2024 at 12:34pm

I`m reading that the gas industry is considering cutting back on production.  Will it actually happen and have an impact on pricing for natural gas?  If gas for heating won`t increase the price maybe air conditioning for hot weather might. 

Permalink Reply by Ralph cramdon on February 20, 2024 at 1:31am

Cut backs could occur , a hot summer could help .... I might miss the boat , but still not buying  here .... 

Permalink Reply by farmgas on February 20, 2024 at 3:19am

Is playing the state lottery a better choice now?

Permalink Reply by Ralph cramdon on February 21, 2024 at 4:44am

Chessie to drop production 28% and Za zam , N gas prices blast off 

Permalink Reply by paleface on February 21, 2024 at 2:48pm

Give that man a Cigar.

Permalink Reply by farmgas on February 23, 2024 at 10:12am

How is the news about production cuts affecting prices going forward?

Permalink Reply by Ralph cramdon on February 23, 2024 at 11:13am

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 .... 

Permalink Reply by paleface on February 25, 2024 at 3:07am

The cruttenden 846 wells in middlebury tioga county drilled in 2021 - 30 hu,31 hu,32 hu 33 hu 34hu 39 hu are producing over 15 million a day over two years now hats off to seneca. Utica wells.

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