Friday, June 5, 2009

Trailers for Sale or Rent

I suppose I should rename this blog the Monthly Dope but that would be un-alliterable. Sorry its been so long, I've neglected our space here on the web.


Over the past month I have been researching the next big gas play in North America. It's called the Marcellus Shale. It is made up of 7.5 million acres of production zone stretching from Ohio to West Virginia up through Pennsylvania and across the southern portion of New York state. It is massive and geologists boast it may have enough gas to keep our country well stocked and supplied for the next 15-30 years. It is an impressive discovery.


Chesapeake Energy is the number on player in the Marcellus field and it has recently recorded excellent production figures after testing it's first batch of wells. These wells do not diminish. They produce at a steady and constant pace, unlike the Barnett and Haynesville formations which tend to lose 60-70% of their production value after 6 months. Do your research, buy some land in northwest, northeast or southwest PA and get the mineral rights...you may be a millionaire one day.


Aside from work I did enjoy my travels. It was funny because one lonely Tuesday evening I sat down at a local Williamsport establishment called the Bullfrog Brewery. I highly recommend it. Some pilots and I chewed the fat and shared some laughs. I: a truant of the road, they: captians of the sky were no strangers to strangers as we sat upon our bar stools like bobble-headed gargoyles. The majority of our conversation revolved around the economy and liquified natural gas prices. The pilots believed that the recent decrease in airfare is in direct correlation to the fuel prices. I agree, see we've been importing LNG from Africa for a while and we are starting to produce more and more. Plus there is a huge supply bubble in the South East US and the pipelines are beginning to disseminate fuel at cheaper and cheaper costs. Petroleum on the other hand is another story. Petroleum does not respond to typical market laws of supply and demand. Then the band showed up.


It was a treat because no one was expecting a band...not even Bullfrog. They were a group of mid-twenty music grads traveling from Chicago to Philly and eventually NYC. One pretty young woman with dark brown hair and an alto-jazz vent accompanied by a rag-tag bunch of skinny hipster dudes playing guitar, sax, drums, keyboard, viola and cello. A motley crew to say the least. As they began to play we turned around atop our mighty slings and faded into the woodwork as the music marched on.


As I left the Bullfrog that evening 3 of the band members were sharing a smoke. I told them how much I appreciated their sound and style and they traded thanks with me. They were just happy to find a gig as the bearded guitarist put it, "We're just playing for gas money, man." I had to laugh. I looked back at him and said, "Me too, brother."


Whether you dream of flying airplanes one day or making beautiful music on the open road it still comes down to filling up the tanks. You can't roll on empty. If you're having fun, it's not work, it's an art. Glug, glug, chug, chug. Until next time.


-rf

2 comments:

Frances said...

In case you wish to sell off your Eagle Ford Shale Mineral Rights, you must always see to it that the property evaluation would be done by an expert.

Serge said...

One important thing to do before you sign and lease or sell your mineral rights would be to read the fine print thoroughly so that you would be clear with all of the terms and conditions.