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 paleface on May 6, 2024 at 1:40am Middlebury seems to be there sweet spot in Tioga other townships so far aren't as productive.
Zip codes in Real Estate and drilling matter
Permalink Reply by farmgas on May 8, 2024 at 11:38am Looks like natural gas price is creeping forward this week. Has it bottomed yet?
Permalink Reply by farmgas on May 15, 2024 at 2:25pm Natural gas prices continue to look more positive. What is happening & will it continue?
Permalink Reply by farmgas on June 6, 2024 at 3:23am What can we anticipate for the remainder of 2024 for the natural gas industry? Various forecasts are positive and should be good for Pennsylvania royalty owners.
Permalink Reply by farmgas on June 11, 2024 at 9:32am Where are drilling rigs operating? From the Patterson Rig Locator website it looks like several are operating in northeast PA & southwest PA. Will budgets open-up soon for more drilling?
Permalink Reply by paleface on June 12, 2024 at 1:56am NE and NC PA is active with drilling permits and infrastructure work. The media doesn't report whats really happening with gas and oil..
Don't like the DOW , Don't like energy here , Don't like Mortgage rates , dont like much of anything right now , except T Bills / FHA Bonds / Bank CD 's
Permalink Reply by farmgas on June 16, 2024 at 8:19am Are gas companies just releasing enough gas to pay their bills or are they drilling new wells for the future surge in gas prices & demand? Are they directing their budget funds for infrastructure now? How do they project their operations during these times? Any signs of change coming?
Permalink Reply by paleface on June 21, 2024 at 1:24am Gas company's are trying to buy mineral rights from people. Makes me think a lot of production is in the near future.
EQT just put an additional 1bcf/d back i to the system
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