August 1, 2014

Gas Well Decline Rates

Here is a lot of information on Marcellus shale decline rates

SCROLL DOWN: The impact of high decline rates on the economics of gas drilling is huge. Companies are pulling out of the Marcellus due to poor profitability prospects.

Arthur Berman first calculated the decline rates in 2009 – once … Continue reading

The Shale Gale is a Retirement Party

So concludes an expert analyst of the natural gas boom. Brace for bust.
By Andrew Nikiforuk, TheTyee.ca, March 27, 2013

Every day a government agency or industry group in North America still hails natural gas mined from deep shale rock formations as “the bridging fuel” that will power a brighter … Continue reading

Dramatic Decline Rates of 4 Gas Fields Confirmed by Industry Study

This report (click here) shows the dramatic decline rates of 4 gas fields -

Barnett, Fayetteville, Woodford and Haynesville.  Nearly 2,000 horizontal shale gas wells were included in this study, so these rates are not statistical flukes.

FROM THE REPORT:
To examine the history of any era or series of … Continue reading

Comments from Susquehanna River Basin Citizen

As I said more than a year ago, after reading the US Geological Report comparing the Marcellus and Barnett shale plays, and having a few conversations with independent petroleum engineers that are familiar with both plays, that the ‘drop-off rate of Marcellus and Utica shale plays was going to be

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Gas Production Dropping Like Rocks!

Actual Data from PA on the decline rate of fracked wells and the over-estimation of total natural gas production parallels similar data from the Barnett shale in Texas from Arthur Berman.

CLICK HERE for info on the Barnett decline rate and Chesapeake’s admission of this to its stockholders.

CLICK HEREContinue reading

Chesapeake Shows the Real Decline Curve to the SEC and Investors

Chesapeake Spring 2010 Stockholders Report Filed with the SEC

Arthur Berman first calculated the decline rates in 2009 – once public,  the companies could not lie to their stockholders – they sort of tried to hide it on page 10, but… we noticed!

Chesapeake spring 2010 stockholders report - see Continue reading