Don't Expect a Chesapeake Energy Sale Anytime Soon [View article]
The chemicals the service companies use are "off the shelf" and are available from any specialty chemical supplier such as Flotek or Champion Chemical. There is no "secret sauce". A service company with a good marketing department will try and upsell as many chemicals as they can to help their bottomline. You would not want any of them introduced into your drinking water, but since the typical gas bearing shale is 1000's of feet below fresh water aquifers the chances are minimal. You still have the potential of spillage on the surface (just as you have with any chemical). Think of the millions of pounds of salt that enter the aquifer from road salt.
On Dec 17 10:37 AM Etep wrote:
> Yes I agree, there are other issues with the shale, tight, and coal > seam gas. Although we may have a lot of volume in the ground what > happens when an environmental calamity arises? We are pumping a H2O/chemical > mix to frac, and isn't this the proprietary chemical mix that no > one wants to release info on? So there is downside, lets hope nothing > catastophic transpires and we can extract US NG, NG plays a bigger > part in transportation and we significantly reduce our reliance on > the Middle East.
Trying to Understand Airline Executive Compensation [View article]
Great article. As a stockholder in CAL I am disappointed in their compensation packages given their lack of economic performance. As a consumer I can see myself making the longer drive from N. Houston down to Hobby Airport to fly Southwest given CAL's baggage fees.
Bulking Up the Petrohawk: Parsing HK's Solid Quarter [View article]
IP = Initial production (What the well initially makes before depletion sets in) NRI = Net revenue Interest (What your precentage of the income from the well is) EOG = Ticker symbol for an Independent Oil and Gas company one time known as Enron Oil and Gas, before the "Smart guys" like Ken Lay and Jeff Skilling came in and decided Enron did not need "hard assets" like an E&P company.
On May 08 07:44 AM Shorewood wrote:
> "...one IP at 13 MMcfepd and one at 6 MMcfepd with a 42% NRI for > 8 MMcfepd net combined." > > "A five well (EOG) operated pilot begins this quarter." > > > Am I the only one who does not know what "IP," "NRI," and "EOG" stand > for?
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Latest | Highest ratedDon't Expect a Chesapeake Energy Sale Anytime Soon [View article]
You would not want any of them introduced into your drinking water, but since the typical gas bearing shale is 1000's of feet below fresh water aquifers the chances are minimal. You still have the potential of spillage on the surface (just as you have with any chemical). Think of the millions of pounds of salt that enter the aquifer from road salt.
On Dec 17 10:37 AM Etep wrote:
> Yes I agree, there are other issues with the shale, tight, and coal
> seam gas. Although we may have a lot of volume in the ground what
> happens when an environmental calamity arises? We are pumping a H2O/chemical
> mix to frac, and isn't this the proprietary chemical mix that no
> one wants to release info on? So there is downside, lets hope nothing
> catastophic transpires and we can extract US NG, NG plays a bigger
> part in transportation and we significantly reduce our reliance on
> the Middle East.
Trying to Understand Airline Executive Compensation [View article]
As a stockholder in CAL I am disappointed in their compensation packages given their lack of economic performance.
As a consumer I can see myself making the longer drive from N. Houston down to Hobby Airport to fly Southwest given CAL's baggage fees.
Bulking Up the Petrohawk: Parsing HK's Solid Quarter [View article]
NRI = Net revenue Interest (What your precentage of the income from the well is)
EOG = Ticker symbol for an Independent Oil and Gas company one time known as Enron Oil and Gas, before the "Smart guys" like Ken Lay and Jeff Skilling came in and decided Enron did not need "hard assets" like an E&P company.
On May 08 07:44 AM Shorewood wrote:
> "...one IP at 13 MMcfepd and one at 6 MMcfepd with a 42% NRI for
> 8 MMcfepd net combined."
>
> "A five well (EOG) operated pilot begins this quarter."
>
>
> Am I the only one who does not know what "IP," "NRI," and "EOG" stand
> for?