169 comments on Natural Gas - A Tale of Two Markets
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169 comments on Natural Gas - A Tale of Two Markets
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GAIA Host Collective
Yes, natural gas wells are very easy to control, and that is why production figures do not tell the complete story. Also, gas drillers can take option on tracts and then just wait to drill it (this is happening out west right now) so you can't assume that just because the gas is not being drilled, it is not there.
The idea of "flaring" natural gas in this day and age is absolutely barbaric.
Roger Conner known to you as ThatsItImout
In Oil and Gas Lease contracts the mineral owners can prevent flaring by requiring the producer to pay for all flared gas at the market price.