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SandRidge Energy, Inc. Message Board

rainbow3100 1 post  |  Last Activity: Nov 15, 2015 9:41 PM Member since: Jul 1, 2010
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    Shale Gas Production

    by rainbow3100 Jun 8, 2015 10:46 PM
    rainbow3100 rainbow3100 Nov 15, 2015 9:41 PM Flag

    November Report

    Bakken -19
    Eagle Ford -160
    Haynessville -0
    Marcellus -229 ( this is huge)
    Niobrara -61
    Permian +9
    Utica +66

    That's down 394 - Huge number month over month.

    Production is now very close to what it was last year at this time. And it has been declining steadily for the last 6 months or more. Marcellus is tanking Big Time.

    Unfortunately El Niño is keeping things warmer than normal.

    LNG exports are coming up soon and production is heading down. If we get some cold weather, NG will take off like crazy. It will be much higher next year regardless. Supply is definitely heading down and demand is heading up.

    JMHO - Do your own DD.

23.30+0.01(+0.04%)9:43 AMEDT