This article talks about NGL prices and has a graph for prices for the last year and the correlation between NGL prices and crude. One interesting thing that this article talks about is the make-up…Continue
Started this discussion. Last reply by Mark Jul 18, 2013.
I wonder how this disaster will effect the Eagle Ford & Bakken and the preference of some operators to ship oil/NGL by train. I know any method of shipping oil is dangerous, there have also been…Continue
Started this discussion. Last reply by David Jul 10, 2013.
Forget about oil price declines the real threat to EF is NG liquids prices. Many of these great wells that people taut actually have a very high liquid production percentage. U.S. producers have…Continue
"My only advise other than get an attorney, is to research the sister site GoHaynesvilleshale.com as there have been many topics (a quick search of drilling pad showed 97 pages) on this subject before. I remember 1 person saying you…"
"Have you ask the operator why you aren't receiving a royalty check?
Also the sister site GoHaynesvilleshale has a lot of info on UMI (unleased mineral interest). I am not an expert on this, but I think as a UMI you have to wait for…"
"Every company will have it own internal rate of return on individual wells and a threshold that needs to be meet before drilling. IMO this NG price spike will not start companies drilling "dry" NG wells as they need prices to steady…"
"The adjustments could be the result of an audit. If the O&G is like banking we would get audited in the spring for the prior year and the audit results would be finalized around Labor Day and then add a few month to make the adjustments to…"
"Good news is that you guys are getting one of the great promoters of fracing, the bad news is his name is Aubrey McClendon.
Also I just read an article about the Amish leaving Ohio, because fracing is deadly to their way of life. No not…"
"Also length of lateral may have an influence. In the EF Goodrich likes 6-9,000 ft. laterals and I think that the Bakken also uses long laterals, but doesn't EOG believe in shorter laterals and more frac?"
""50% of production will come in the first year or two years"
I have my doubts about this claim. Below is Goodrich TMS presentation on page 19 they have decline curves with cumulative production. For GDP EF wells a 425m BOE has…"
"Goodrich tried to frack a combo Buda/EF in LaSalle and it didn't seem to work very well as they never tried it again.
From Goodrich 3rt qtr 2011 earning report, notice the 2nd Buda well that was frack.
The Company completed two…"
"Goodrich had some success in the Buda in Frio county at first, but now has shelved drilling any more wells. One problem with the Buda is repeatability and Wall Street. Wall Street likes repeatability, which the Buda doesn't have…"
"Last week Shell announced a LA location for its $12.5B natural gas-to-liquids (GTL) facility. With large corporations it is all about capital allocation and whether a project will move the needle, which a 100,000 acre Eagle Ford position…"
"The worst thing about these acreage price stories is that many landowners only read the headlines and think all leases should get these amounts, including landowners in other oil plays. Then they think the oil company is cheating them when…"
"No kidding. I grew up in Midland MI., headquarters for Dow, and they almost bankrupt our regional electrical company, by demanding they build a nuclear power. The plans for a nuclear plant in Midland began in 1967. But after 17 years of…"
"Why do they put in the gas pipelines before the oil pipelines?
I am sure there are a lot of different reasons, but I think one main reason is that the only real method of moving NG is by pipeline, while trucking oil is very feasible."
""Which areas in La Salle are considered "good"?"
What's your definition of good? Goodrich has been happy with their acreage in Central North LaSalle. They have 2 years of drilling and just posted a chart that…"