InvestorsHub Logo

krb

Followers 0
Posts 37
Boards Moderated 0
Alias Born 10/15/2005

krb

Re: None

Sunday, 11/20/2005 11:30:37 AM

Sunday, November 20, 2005 11:30:37 AM

Post# of 35788
At what gas price does hydroslotting cease to be a profitable process? I know the answer must factor in many variables but the wholesale price of gas on the nymex is predicted to fall to around the $8 mark in the 2007/2008 timeframe if memory serves me. It seems to me that producing wells won't be an issue, it's the "to be slotted" wells that I wonder about.