Linn Energy, LLC (LINE) Message Board
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Marcellus Production Virtually Unaffected by Sandy
Natural gas production in the Northeast is continuing at a high pace despite the devastating effects Hurricane Sandy had on homes and businesses in much of the region.
On Wednesday, some Marcellus Shale-area producers were saying there was very little impact to their operations, and data from Bentek Energy, a unit of Platts, showed minimal drop-off to total Northeast gas production flow.
Northeast production flow was pegged at about 8.81 Bcf for Wednesday, down slightly from 8.83 Bcf on Tuesday. Monday's flow total was higher, at 9.06 Bcf, but flows were lower over the weekend and late last week, when the October 26 flow was at 8.84 Bcf.
"Cabot was fortunate," said George Stark, spokesman for Cabot Oil & Gas. "Our operations, including production, were not adversely impacted by the storm."-
You surprised?
Pipes are the safest and most efficient infrastructure. It is what the Bakkens needs to avoid weather interruption. Natural gas however requires pipe so as expected, by real investors.
Now the political process around Act 13. That could easily kill jobs, cut production and leave the pipes running at less than planned capacity.
But I would expect a Gasland, Oil Drum and Ethanol believer to get it all backward.
The real shame is all our money Obama wasted on his base load alternative energy corruption rather than just doing the logical thing and updating our electrical grid for efficiency and security.- 2 Replies to norrishappy
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The real shame is that you (nor Sand) have a clue about what Act 13 does, yet you think it will stop production of natgas in PA. I suggest either or both of you actually do some research on the subject then get back to the board with your "findings." Norris - better do it right now otherwise you will forget about it in thrity minutes.
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Sooner or later you have to makean investemnt in alternate energy. Let me ask you this would you like a rig next to your house? Or are you so wrapped up in your NG that you could careless about others. You knowNGis very explosive. As you have seen NG leaks from sandy is slowing efforts down as you can smell the Ng in the air. or does this not matter,
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Sounds great.
Now,
if the final outcome of Act 13 was a bit more resolved, some might feel a little better about who will finally detemine the zoning rules about how close gas wells can be to homes in PA.
How close can they now be in Pa?- 2 Replies to sandonthebeach47
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Why don't you tell us how close the are now. you seem to be in the knowing. Please inform the board.
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It seems you are the only person concerned about it, since none of the top five producing companies in the Marcellus have mentioned it in any of their reports.
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