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  • While Natural Gas Production Increases, Company Stock Prices May Not [View article]
    Sorry ... wishful thinking that Fayetteville extends into AL!
    :-)
    Aug 12 09:39 am |Rating: 0 0 |Link to Comment
  • While Natural Gas Production Increases, Company Stock Prices May Not [View article]
    "While none of this gas will be coming on-line overnight"?
    There are 19 shale basins in the US being actively drilled right now. In its recent white paper on US Shale Gas, Halliburton estimated the recoverable reserves at 500-1000 TCF.
    The play that broke open this resource was the Barnett Shale under Dallas/Fort Worth. Its easterly extension into Alabama - the Fayetteville Shale - came next. Now we're seeing the same technologies applied shale all over USA ... Bossier-Haynesville, Marcellus, Woodford, Lewis, Antrim, New Albany, etc.etc.
    The largest gas companies in USA - alongside a slew of fast-growing independents - are heavily focused on drilling and producing these resources ... and there's plenty of gas already in the pipeline that originates from them: about 4.5% of US nat gas supply comes from the Barnett Shale!
    Aug 12 08:30 am |Rating: 0 0 |Link to Comment
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