Natural Gas Production may be peaking
Posted: Mon Jan 27, 2014 1:45 pm
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).
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).