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Gold/Mining/Energy : Big Dog's Boom Boom Room

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Schnullie
To: Dennis Roth who wrote (182268)1/18/2014 2:04:07 PM
From: Dennis Roth2 Recommendations   of 206181
 
UT Study: Fayetteville Shale to Contribute to US Gas Supply for Years
by Gene Lockard
Rigzone Staff Monday, January 13, 2014
rigzone.com

...About 18 Tcf are estimated to be economically feasible to recover when natural gas prices are close to $4 per million cubic feet (MMcf). However, the production outlook is only somewhat sensitive to the price of natural gas, the BEG team said. The assessment forecasts that using a $4/MMcf natural gas price scenario, the Fayetteville Shale would reach a plateau sometime in the period of 2012-2015 before gradually declining as the well count decreased...
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