Great article! I reviewed the Berman article, it really gave a realistic perspective on the reserve life of tese assets, and a fair comparison of costs vs. potential.
I hope I can find more info on some of the other shale plays currenty being hyped, though I expect them to be similar. I am a big proponent of horizontal driling not only due to the advantages of higer production, but also the smaller footprint on the landscape - I sure wish these technologies were used more extensively for the CBM development in the San Juan Basin, which from a satellite view has looked like swiss cheese for decades, and worse for the last 20.
And thanks, of course, for shedding some light on the typical hype E&P companies - more articles like this appreciated,
How Much Natural Gas Remains in the USA? [View article]
looks like my links were truncated by seeking alpha,
so nevermind,
anyone know why this happens, or how to beat this system?
On Oct 04 10:29 PM blanco-dee wrote:
> User 283977 - you should look over Onshore Oil & Gas Order #1 > for US gas from federal leases, > > www.blm.gov/wo/st/en/p... > > > Also consider its not very likely states will encourage onerous requirements > for hydraulic fracturing anytime soon - they don't want to lose any > revenue from state leases considering the financial hardship most > states are going through these days - they nee every dime they can > get. > > Plenty of volatile hydrocarbone being released every day from many > industries in the US - coal, oil, nat gas, refining and industrial > chemical production - not to mention the typical automobile - the > EPA will not be allowed to regulate everything, andthe thresholds > right now are pretty incredible, especially for benzene; > > www.earthjustice.org/n... > > > Natural gas will still be the better choice for transportation in > the short run, especially for fleet vehicles; > > www.cngvp.org/News/new... > > we'll drill for more, and LNG will be a largr play during cycles > of lower domestic production and higher usage, even if it gets expensive. > > > I agree with all the posters about the boom & bust cycles - we'll > see lots more. > > BDO
Also consider its not very likely states will encourage onerous requirements for hydraulic fracturing anytime soon - they don't want to lose any revenue from state leases considering the financial hardship most states are going through these days - they nee every dime they can get.
Plenty of volatile hydrocarbone being released every day from many industries in the US - coal, oil, nat gas, refining and industrial chemical production - not to mention the typical automobile - the EPA will not be allowed to regulate everything, andthe thresholds right now are pretty incredible, especially for benzene;
Natural Gas Production Declines Are Becoming More Evident [View article]
Excellent article, just the kind of information small investors like myself need,
somehow, I don't quite see how the futures markets get soooo speculative - with such high storage figures it looks like speculation alone is holding nat gas prices up,
and probably the same for oil too,
It is articles like this that keep me coming back to seeking alpha every day - keep 'em comin!
Shale Gas: Promises, Promises, Promises [View article]
I hope I can find more info on some of the other shale plays currenty being hyped, though I expect them to be similar. I am a big proponent of horizontal driling not only due to the advantages of higer production, but also the smaller footprint on the landscape - I sure wish these technologies were used more extensively for the CBM development in the San Juan Basin, which from a satellite view has looked like swiss cheese for decades, and worse for the last 20.
And thanks, of course, for shedding some light on the typical hype E&P companies - more articles like this appreciated,
BDO
How Much Natural Gas Remains in the USA? [View article]
so nevermind,
anyone know why this happens, or how to beat this system?
On Oct 04 10:29 PM blanco-dee wrote:
> User 283977 - you should look over Onshore Oil & Gas Order #1
> for US gas from federal leases,
>
> www.blm.gov/wo/st/en/p...
>
>
> Also consider its not very likely states will encourage onerous requirements
> for hydraulic fracturing anytime soon - they don't want to lose any
> revenue from state leases considering the financial hardship most
> states are going through these days - they nee every dime they can
> get.
>
> Plenty of volatile hydrocarbone being released every day from many
> industries in the US - coal, oil, nat gas, refining and industrial
> chemical production - not to mention the typical automobile - the
> EPA will not be allowed to regulate everything, andthe thresholds
> right now are pretty incredible, especially for benzene;
>
> www.earthjustice.org/n...
>
>
> Natural gas will still be the better choice for transportation in
> the short run, especially for fleet vehicles;
>
> www.cngvp.org/News/new...
>
> we'll drill for more, and LNG will be a largr play during cycles
> of lower domestic production and higher usage, even if it gets expensive.
>
>
> I agree with all the posters about the boom & bust cycles - we'll
> see lots more.
>
> BDO
How Much Natural Gas Remains in the USA? [View article]
www.blm.gov/wo/st/en/p...
Also consider its not very likely states will encourage onerous requirements for hydraulic fracturing anytime soon - they don't want to lose any revenue from state leases considering the financial hardship most states are going through these days - they nee every dime they can get.
Plenty of volatile hydrocarbone being released every day from many industries in the US - coal, oil, nat gas, refining and industrial chemical production - not to mention the typical automobile - the EPA will not be allowed to regulate everything, andthe thresholds right now are pretty incredible, especially for benzene;
www.earthjustice.org/n...
Natural gas will still be the better choice for transportation in the short run, especially for fleet vehicles;
www.cngvp.org/News/new...
we'll drill for more, and LNG will be a largr play during cycles of lower domestic production and higher usage, even if it gets expensive.
I agree with all the posters about the boom & bust cycles - we'll see lots more.
BDO
Natural Gas Production Declines Are Becoming More Evident [View article]
somehow, I don't quite see how the futures markets get soooo speculative - with such high storage figures it looks like speculation alone is holding nat gas prices up,
and probably the same for oil too,
It is articles like this that keep me coming back to seeking alpha every day - keep 'em comin!