USGS: 4.5 Magnitude Earthquake Rocks Central Oklahoma

Newsline9 ^ | 12/07/13 | Xin Xin Liu

[Elsie]

I’m well read on this subject.

Good for you.

I'm left wondering why you are asking questions instead of teaching ignorant goofballs?

[okie01]

Thanks for the response.

Given the economics, gas infrastructure is going to lag. But, given those same economics, the gas will eventually be exploited.

[Smokin' Joe]

The more pure methane plays may slow for a bit, but natural gas prices are picking up seasonally, and in the event exporting becomes more common will likely find support at higher prices than the last 6 months.

I think the driving force in the near term will be the NGLs (Natural Gas Liquids). Those heavier gasses removed from the raw gas and liquefied are even more valuable.

Just judging from the color of flares while drilling Bakken/Three Forks wells (deep orange, sometimes sooty) and the occasional slug of vaporized condensate, I'd say the incentive is there.

More broadly, if you look at current trends in E&P, they are for the 'juicier' (as opposed to 'dry gas'--heavily methane) plays. The Utica Shale has promising areas, as do the Eagle Ford and The Bakken. Keep in mind, though, that in the Bakken/Three Forks, the shale itself is not the drilling target, but the source rock. The driling targets are the tight reservoir rock (a mixture of dolomite, sandstone, siltstone, and fragmental/peloidal limestone) in between the Bakken Shales and below the Lower Bakken Shale in the case of the Three Forks Formation.

[RBStealth]

Thanks again

[Smokin' Joe]

You’re welcome.

[Kenny Bunk]

....We wouldn't want to go overboard on our caring for our fellow human beings, would we?

I am not without compassion at all! Why I frequently warn consumers who are about to burn themselves on MacDonald's Coffee. In fact, if I may reiterate my offer ... which as you can see is compassion personified ... I am presently seeking funding from my fellow FReepers to fly (1st Class) to the side of any American Citizen suffering through a massive 4.5 quake. I shall hold hands with the victims and sing Koom-Bye-Yah until they stop quivering.

[trisham]

Perhaps I’ve misjudged you. I do believe that you may possess a sense of humour. Time will tell.