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[deleted] OP t1_j9v11e6 wrote

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quakinwork t1_j9vs35s wrote

Working in E&P; service work and drilling/completion cost are still 40-60% higher than a year ago. We are completing our commitments and that is it, no one will be completing wells with $2-2.50 gas. DUC's will rise like they always do and the supply will level out

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Dbane512 t1_j9v32r7 wrote

Honestly they don't really shut them in too much around here. They tend to slow down/stop drilling. I know of a pad where they shut it in for 24hours and had to re frack.

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[deleted] OP t1_j9v715p wrote

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Dbane512 t1_j9w3tjo wrote

Marcellus and Utica where I am. There is a ton of condensate, oil along with the gas in this area. There is a lot of wet gas here too off of these two plays in my area. I have yet to see any flares on site after flowback. Now as far as trucking goes, they haul a decent amount of condensate and oil. The gas goes directly into a gathering line, which feeds into a transmission line. So the cost to transport the gas isn't as bad as what people seem to think. What gets you is when you have to haul water off or in.

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