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dnpvd51

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  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    The high depletion rates mean the companies should have quick money not sharply negative cash flow.
    May 7, 2015. 01:36 PM | 2 Likes Like |Link to Comment
  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    It is obvious that these oil and gas companies are losing tons. One just needs to take a look at balance sheets.

    But the puzzler is why Einhorn thinks that NG is different than oil.
    May 7, 2015. 06:41 AM | 2 Likes Like |Link to Comment
  • Einhorn Slams Mother Frackers [View article]
    The natural gas producers are burning through cash.

    What is the difference between NG and oil? ANd the price of NG is worse than oil.
    May 5, 2015. 05:20 PM | 1 Like Like |Link to Comment
  • Cabot Oil & Gas' Leading Position In Production Growth And Development Cost Makes It Attractive [View article]
    Average EUR of 18 BCF per horizontal well.

    Where did you get this info?
    May 5, 2015. 02:16 AM | Likes Like |Link to Comment
  • The Last Two Oil Crashes Show Peak Oil Is Real [View article]
    It is not a tired argument that Hubbert did not include shale.

    The guy was right on the money if we do not include unconventional gas and oil
    Apr 27, 2015. 01:21 AM | Likes Like |Link to Comment
  • Lower For Longer: A New Normal For U.S. Natural Gas Prices [View article]
    How can this not be true?

    I don't know the costs but certainly it implies that NG is harder to produce.

    Do you have hard data?
    Apr 23, 2015. 09:32 AM | Likes Like |Link to Comment
  • Google Taunts Microsoft With $149 Chromebooks [View article]
    "Failure of Chrome"

    Give me a break. Chrome runs on top of the Linux kernel. The geeks have much more control over a Chromebook than a Windows or an Apple computer.

    And when the geeks have control, and there is a need, there is a solution.
    Apr 20, 2015. 09:53 AM | 3 Likes Like |Link to Comment
  • Natural Gas Market - Will UNG Be The Next Big Trade By 2016? [View article]
    One thing about the break even point. It is pretty hard for a company to claim a break even cost above the price of natural gas.

    It would not be easy justifying increased production or any production for that matter with costs greater than price.
    Apr 17, 2015. 01:07 AM | 1 Like Like |Link to Comment
  • Natural Gas Market - Will UNG Be The Next Big Trade By 2016? [View article]
    You have no evidence, and further you claim that 500,000 cubic feet a day is profitable.

    I know these companies claim very low cost production, but that does not necessarily make it so.
    Apr 16, 2015. 09:27 PM | 1 Like Like |Link to Comment
  • Natural Gas Market - Will UNG Be The Next Big Trade By 2016? [View article]
    A well loses a fortune at your amount.

    I have the PA database which is a bit better than companies presentations.

    At $4 NG a well needs to produce at least 2 billion cubic feet to break even and in the Marcellus there are quite a few wells producing ZERO cubic feet.
    Apr 16, 2015. 05:09 PM | 1 Like Like |Link to Comment
  • Natural Gas Market - Will UNG Be The Next Big Trade By 2016? [View article]
    If they pay for themselves after the first 18 months how much production is that at $2 NG?

    I have the PA database. Most of the wells lose money at $4 or $5 let alone $2. And I don't think that the Marcellus even pays $2 for NG.
    Apr 16, 2015. 04:40 PM | 1 Like Like |Link to Comment
  • Natural Gas Market - Will UNG Be The Next Big Trade By 2016? [View article]
    The wells cost 6-7 or more million dollars a piece and also they start declining.

    So at that rate they will take a bath.
    Apr 16, 2015. 04:24 PM | Likes Like |Link to Comment
  • Natural Gas Market - Will UNG Be The Next Big Trade By 2016? [View article]
    So these wells are profitable at $1000 per day?
    Apr 16, 2015. 03:49 PM | Likes Like |Link to Comment
  • Natural Gas Market - Will UNG Be The Next Big Trade By 2016? [View article]
    500 million cubic feet per day? Are there any wells like this?
    Apr 16, 2015. 02:49 PM | Likes Like |Link to Comment
  • Natural Gas Market - Will UNG Be The Next Big Trade By 2016? [View article]
    Well, how much does a well need to produce to be profitable in the Marcellus at $2?
    Apr 16, 2015. 10:38 AM | Likes Like |Link to Comment
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