Porter Stansberry: Sea Change in U.S. Natural Gas Industry [View article]
I can't help but wonder if Stansbury is referring to Barnett Shale production when speaking of "coal bed methane wells".
Coal bed methane wells produce a small percentage of this country's natural gas. The Barnett Shale play has been the hot play and many of the wells are minimal producers after the first two years.
It is probably an issue of nomenclature. Barnett Shale producers are famous for their rapid depletion rates.
Porter Stansberry: Sea Change in U.S. Natural Gas Industry [View article]
Coal bed methane wells produce a small percentage of this country's natural gas. The Barnett Shale play has been the hot play and many of the wells are minimal producers after the first two years.
It is probably an issue of nomenclature. Barnett Shale producers are famous for their rapid depletion rates.
Interesting interview, nevertheless.