Natural gas pushes past $3.60, boosted by a smaller-than-expected rise in inventory even as stockpiles hit a record for this time of the year. Morgan Stanley thinks prices could touch $5 by Q1 2013: “Demand remains elevated, and supply should be slow to respond [due to] logistical challenges, more attractive oil economics, and higher breakeven costs outside the Marcellus.” [View news story]
rigs are now drilling multiple wells and the ave 18 month peak production that has a severe decline curve is just around the corner
And the big elephant in the room is how the EPA will not enforce its mandated Green Completions for another 2.5 years so we still have to endure flaring and venting in the urban areas that drilling have become so fond of moving into. The writer of this article needs to be remind of the externalization costs that do exists in mining for any fossil fuel which is speeding up global warming. The public outcry will eventually keep consumers eyes on the one true prize...renewable energy choices. Don't go too long on NG.
Chesapeake And GE's CNG In A Box Is Bullish For Chesapeake [View article]
So with the public pushing for more responsbile drilling, and not seeing Chesapeake rise to the occasion...how will public disrespect work for their stock price? Please sign & share my petition, thanks. http://chn.ge/SMdoGS
Will Natural Gas Continue To Trade Up? [View article]
Since Gov Como in New York is waiting for a Shale Health Conference/study.... that puts off more production in that area...will the outcome of this study affect the price?...maybe the price of having health insurance if you live in shale areas.
Boone Pickens' enthusiasm notwithstanding, U.S. natural gas prices don't appear to be headed higher any time soon, as pipelines coming into service by year end are poised to extend the current supply glut. Deliveries from the Marcellus shale could grow by 30%, as ~1,000 area shale wells that now sit uncompleted because of a lack of pipeline infrastructure gradually come online. [View news story]
Chesapeake Energy (CHK -0.9%) is downgraded to Hold at Stifel Nicolaus on valuation, a view that remaining asset sales will have less of a positive impact on shares, and that the focus will switch from distressed valuations back to going concern valuations which will make it difficult for CHK to move much higher absent a meaningful gas recovery. [View news story]
Chesapeake's financials mirror how they conduct themselves in urban drilling. They need to put scrubbers on their open hatch (18"x18") flowback tanks that waft white, steamy, hydrocarbons into the neighborhoods in Arlington TX. The Truman / Cowboy Stadium is a perfect, upcoming example of their disregard for the safety of neaby workers, stadium visitors, renters, and home owners in the area. They fracked 3 wells in Sept. and won't flowback until the pipeline is connected by year end, and so all that stale, festering flowback will vent into my family's airshed and we need them to put scrubbers on those open hatch flowback tanks!
Analyzing Chesapeake Energy's Debt And Risk [View article]
The "offbook" debt is a huge concern as tokyostory88 points out. The industry as a whole needs to also address public concerns on unconventional shale practices and those sweet spots in urban areas like in Arlington TX......they need to make it a standard practice to always use electric rigs in all airsheds.
All mud farming (private and commercial) needs to be subject to open records of water and soil test results.
We need the industry to invent technology to keep the toxic, silica dust on the padsite-those pathetic pillow case looking socks aren't getting the job done.
Please add scrubbers to the open hatch flowback tanks during topflow.
Once the topflow hydrocarbonated flowback is of the "gas to fluid saleable ratio" and ready to connect to a pipline/sales meter, we shouldn't have to wait 2.5 years for the EPA mandated Green Completions and allow venting or flaring in urban or rural areas....methane losses should be prevented-period.
The pipeline should be in place FIRST before fracturing so that flowback doesn't sit in the ground for months festering some unknown, man-made hydrogen sulfide-like stale water flowback.
The setback away from people should be substantial. Rural method drilling is not acceptable in urban areas. A doctor who is an environmental tester said that the health effects are being seen downwind from about 1,800 - 2,500 feet.
Lastly, the industry should be able to guarantee that the casings will last "on the majority of them", and that the injections wells won't cause regrettable seismic events or migrate their horrid contents eventually into our drinking water.
Alternative Ways To Invest In Chesapeake Energy [View article]
"Where is the demand for Nat gas going to come from?"..If cities have their mayors like Ft Worth and Arlington have their commericals on radio and in the council meetings about how the garbage trucks need to be converted to run on natural gas, then that is a win for the ANGA group that years ago invited those mayors to an Oklahoma convention to brain wash them into doing this so they can keep drilling in their towns.....so far its working at least in Arlington as they plan to do this.
Alternative Ways To Invest In Chesapeake Energy [View article]
Chk needs to disclose every gas well that is tied to a Volumetric Production Payment Contract so the owners of those minerals can make sure they did NOT drill that well so that it had an impressive Initial Production rate .....Chk has been accused of overproducing wells at the mineral owners expense (getting the motherload out at the lowest possible price).
ConocoPhillips (COP) is the latest foreign oil firm to express interest in Chinese shale, showing how just as Chinese oil companies pile into North American shale gas, the reverse also is increasingly true. This week, China said it is offering 20 blocks in a shale gas tender, the first time foreign companies will be allowed to participate in JV bids as minority partners. [View news story]
Shale is unconventional energy and the rush has caused innocent people like me to leave the "working for a paycheck" life, and pursue "working for the truth". Now that I am enlightened, I need to make sure this "truth works for change" to make urban drilling safer to live near.
Aside from methane leaks that speed up global warming (not climate change which is cyclical), I need investors in shale to "reason" with the industry, and so I need you to help me speak to them as they are not responsive to me.
I live at ground zero for urban drilling. We have about 60 padsites in our 99 sq mile town here in Arlington TX. The following requests won't cover public protections on the huge buildout and the associated human errors or accidents (we had a drill spill in Lake Arlington, our drinking source, a couple of years ago and have had maybe a dozen emission events over the last couple of years that I am aware of)….
Please make it a standard practice to always use electric rigs in urban areas.
All mud farming is subject to open records of water and soil test results.
We need the industry to invent technology to keep the toxic, silica dust on the padsite-those pathetic pillow case looking socks aren't getting the job done.
Please add scrubbers to the open hatch flowback tanks during topflow, and we shouldn't have to wait 2.5 years for EPA mandated Green Completions.
The pipeline should be in place FIRST before fracturing so that flowback doesn't sit in the ground for months festering a man-made hydrogen sulfide of stale water flowback.
The setback away from people should be very far. A doctor who is an environmental tester said that the health effects are being seen downwind from about 1,800 - 2,500 feet.
Lastly, the industry should be able to guarantee that the casings will last "on the majority of them", and that the injections wells won't cause regrettable seismic events or migrate their horrid contents eventually into our drinking water.
Natural gas pushes past $3.60, boosted by a smaller-than-expected rise in inventory even as stockpiles hit a record for this time of the year. Morgan Stanley thinks prices could touch $5 by Q1 2013: “Demand remains elevated, and supply should be slow to respond [due to] logistical challenges, more attractive oil economics, and higher breakeven costs outside the Marcellus.” [View news story]
Natural Gas: Goldilocks In 2013? [View article]
Chesapeake And GE's CNG In A Box Is Bullish For Chesapeake [View article]
Will Natural Gas Continue To Trade Up? [View article]
Analyzing Chesapeake Energy's Debt And Risk [View article]
Alternative Ways To Invest In Chesapeake Energy [View article]
Boone Pickens' enthusiasm notwithstanding, U.S. natural gas prices don't appear to be headed higher any time soon, as pipelines coming into service by year end are poised to extend the current supply glut. Deliveries from the Marcellus shale could grow by 30%, as ~1,000 area shale wells that now sit uncompleted because of a lack of pipeline infrastructure gradually come online. [View news story]
http://exxonmobil.co/S...
3 Key Reasons Chesapeake Is Positioned For Rising Natural Gas Prices [View article]
Chesapeake Energy (CHK -0.9%) is downgraded to Hold at Stifel Nicolaus on valuation, a view that remaining asset sales will have less of a positive impact on shares, and that the focus will switch from distressed valuations back to going concern valuations which will make it difficult for CHK to move much higher absent a meaningful gas recovery. [View news story]
Analyzing Chesapeake Energy's Debt And Risk [View article]
All mud farming (private and commercial) needs to be subject to open records of water and soil test results.
We need the industry to invent technology to keep the toxic, silica dust on the padsite-those pathetic pillow case looking socks aren't getting the job done.
Please add scrubbers to the open hatch flowback tanks during topflow.
Once the topflow hydrocarbonated flowback is of the "gas to fluid saleable ratio" and ready to connect to a pipline/sales meter, we shouldn't have to wait 2.5 years for the EPA mandated Green Completions and allow venting or flaring in urban or rural areas....methane losses should be prevented-period.
The pipeline should be in place FIRST before fracturing so that flowback doesn't sit in the ground for months festering some unknown, man-made hydrogen sulfide-like stale water flowback.
The setback away from people should be substantial. Rural method drilling is not acceptable in urban areas. A doctor who is an environmental tester said that the health effects are being seen downwind from about 1,800 - 2,500 feet.
Lastly, the industry should be able to guarantee that the casings will last "on the majority of them", and that the injections wells won't cause regrettable seismic events or migrate their horrid contents eventually into our drinking water.
Alternative Ways To Invest In Chesapeake Energy [View article]
Alternative Ways To Invest In Chesapeake Energy [View article]
Alternative Ways To Invest In Chesapeake Energy [View article]
ConocoPhillips (COP) is the latest foreign oil firm to express interest in Chinese shale, showing how just as Chinese oil companies pile into North American shale gas, the reverse also is increasingly true. This week, China said it is offering 20 blocks in a shale gas tender, the first time foreign companies will be allowed to participate in JV bids as minority partners. [View news story]
Aside from methane leaks that speed up global warming (not climate change which is cyclical), I need investors in shale to "reason" with the industry, and so I need you to help me speak to them as they are not responsive to me.
I live at ground zero for urban drilling. We have about 60 padsites in our 99 sq mile town here in Arlington TX. The following requests won't cover public protections on the huge buildout and the associated human errors or accidents (we had a drill spill in Lake Arlington, our drinking source, a couple of years ago and have had maybe a dozen emission events over the last couple of years that I am aware of)….
Please make it a standard practice to always use electric rigs in urban areas.
All mud farming is subject to open records of water and soil test results.
We need the industry to invent technology to keep the toxic, silica dust on the padsite-those pathetic pillow case looking socks aren't getting the job done.
Please add scrubbers to the open hatch flowback tanks during topflow, and we shouldn't have to wait 2.5 years for EPA mandated Green Completions.
The pipeline should be in place FIRST before fracturing so that flowback doesn't sit in the ground for months festering a man-made hydrogen sulfide of stale water flowback.
The setback away from people should be very far. A doctor who is an environmental tester said that the health effects are being seen downwind from about 1,800 - 2,500 feet.
Lastly, the industry should be able to guarantee that the casings will last "on the majority of them", and that the injections wells won't cause regrettable seismic events or migrate their horrid contents eventually into our drinking water.
Natural Gas Storage Fears Not Supported By Data [View article]