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Strategies & Market Trends : The Ego Forum

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To: ames who wrote (11945)	3/19/2013 11:41:54 PM
From: JimisJim	Read Replies (1) of 12175

We're also seeing the LT data since this whole shale gas revolution began. Production curves, well life, how long (and low) the production tails are with these things LT. We can start crunching actual total production numbers from some of the early wells/fields vs. LT all-in costs for each well. How profitable are they really, esp. at these prices? And let's not forget the 2nd tier storage effect that drilled/unproduced conventional and unconventional has been looming over the ng market -- is it really just another form of storage? Really? It is certainly produceable reserves, but I wonder how many have been thinking it was simply "unconventional storage." I think numbers are being crunched nervously over these shale wells. Their prodigious initial production rates were so eye-popping, a lot of us lost our eye sight.

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