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 March 14, 2024 at 1:55pm

No real down time for drillers , they reevaluate their outfits all the time ... They add land , swap land , sell land all the time ...EQT still down since the ETRN merger deal ... 

Permalink Reply by paleface on March 15, 2024 at 7:43am

Seneca drilled a HBP well in Chatham they must like the area.

Permalink Reply by Ralph cramdon on March 17, 2024 at 12:29am

Good news for those in that area .. Seems like its  NFG best area .. Meanwhile my acreage across the border in Lindley NY remains untouched .... 

Permalink Reply by farmgas on March 19, 2024 at 11:55am

As time rolls on now, are there any positive or encouraging news from the gas industry?  Will NG prices rise this year or maybe next year?  

Permalink Reply by Ralph cramdon on March 21, 2024 at 3:12am

Gas will go up ,, the question is when .... Waha hub in Texas is now paying ZERO for gas .....

Permalink Reply by Ralph cramdon on March 21, 2024 at 2:12pm

I have never given particular stock advice .. METC and its emerging rare earth prospects is worth a look ... 

Permalink Reply by farmgas on March 27, 2024 at 8:08am

How has production along with CapEx reduction affected activity?  Are gas companies still moving forward?

Permalink Reply by Ralph cramdon on March 28, 2024 at 2:51am

Production is on the decline ... Electric generation continues to increase and slated to rise ... Yes , there is a silver lining for gassers 

Permalink Reply by farmgas on March 28, 2024 at 7:42am

What industries will drive the increased electricity need?   Electric vehicles are getting the most attention now, but where else will electricity use increase?  Silver linings are nice!

Permalink Reply by paleface on March 28, 2024 at 9:18am

Chesapeake had a good day.

Permalink Reply by Ralph cramdon on March 28, 2024 at 1:35pm

Chessie and I have had a very good relationship for nearly 20 years , even through Bankruptcy .. Mixes feelings on the SWN deal ... NE PA gas good , Haynesville very expensive to drill but closer to LNG plnts 

Permalink Reply by Ralph cramdon on March 28, 2024 at 1:33pm

Power demand from Artificial Intel will be huge 

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