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yortsed snacilbuper

(7,939 posts) Wed May 23, 2012, 12:56 AM May 2012

Checks from drilling may dry up amid low gas prices!

Mr. Tillotson is a wealth adviser whose expanding client base includes farmers and landowners signing lucrative leases for their mineral rights in the Marcellus Shale natural gas formation. So-called "shaleionaires" can take home millions of dollars by signing a lease, but they are now entering an unpredictable market that can cause royalty checks to fluctuate -- or stop altogether.

http://www.post-gazette.com/stories/business/news/checks-from-drilling-may-dry-up-amid-low-gas-prices-637077/

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Checks from drilling may dry up amid low gas prices! (Original Post) yortsed snacilbuper May 2012 OP

Welcome to the oilfield. Arctic Dave May 2012 #1

high prices veganlush May 2012 #2

Arctic Dave

(13,812 posts)

1. Welcome to the oilfield.

Reply to yortsed snacilbuper (Original post)

Wed May 23, 2012, 01:00 AM

May 2012

It's feast or famine.

Better hope the drillers don't stick you with the clean up cost when they fold and leave you high and dry.

veganlush

(2,049 posts)

2. high prices

Reply to yortsed snacilbuper (Original post)

Wed May 23, 2012, 01:08 AM

May 2012

Justify the more expensive extraction then the Spector of more supply that it causes drives down prices making it no longer worth it. weird vicious cycle

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