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View Diary: Is global warming killing the Fracking Industry? Are Banks killing the fracking industry? (15 comments)

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  •  My guess is they (2+ / 0-)
    Recommended by:
    Mr Robert, NYFM

    are only producing from the most productive wells natural gas production does tend to drop off huge after the first year of production.
       But still less wells and production as a total has gone up.  wonder what they have changed to increase production at those wells and/ or did they find much more productive natural gas fields?

    •  I keep an eye on the EIA reports (0+ / 0-)

      because I have a small royalty stream from ExxonMobil and I was puzzled by the stable production levels given the decline in rig count. I'd expected to see a drop in supply, but that just hasn't happened.

      The only trouble with retirement is...I never get a day off!

      by Mr Robert on Wed Jan 16, 2013 at 01:12:18 PM PST

      [ Parent ]

      •  Rigs dont equal producing wells (1+ / 0-)
        Recommended by:
        Mr Robert

        Though with the rigs going elsewhere, it might be a year or so until producing wells decline.

        FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

        by Roger Fox on Wed Jan 16, 2013 at 04:43:54 PM PST

        [ Parent ]

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