Quote:
Originally Posted by Knalus
I don't think we need to worry about this. With the state of the industry today, we've increased the volume of Natural Gas production so high, it is practically unprofitable to drill for it here, much less in a basin with such weak infrastructure. If they did produce it in this environment, they wouldn't make much money off of it anyways.
|
I don't think anyone is drilling wells to produce natural gas right now, because that would absolutely be unprofitable. Some companies are drilling wells with gas targets to keep land from expiring or for the associated liquids, but dry gas for productions sake I very much doubt.