Natural Gas Production may be peaking

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dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Natural Gas Production may be peaking

Post by dan_s »

Read this:
http://seekingalpha.com/article/1964381 ... urce=yahoo

The Marcellus Shale is the only gas shale play where there is meaningful supply growth. The market is expecting a lot of natural gas coming on-line in the Eagle Ford this year.

My take is that it will take $6.00/mcf before we see any capital allocated to the dry gas shale plays (Haynesville, Barnett and Fayetteville).
Dan Steffens
Energy Prospectus Group
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