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
quakinwork t1_j9vs35s wrote
Reply to comment by [deleted] in Close to Impossible for rise in Natural Gas prices to end by [deleted]
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