Was waiting for the price here. Closed gas deals. The positions have come to a strong resistance level that will not be easy to overcome. I am not a fan investor of this tool. I'm interested in taking profit and forgetting this shit for a while and looking at something new. If the price cannot confidently overcome this level, then I will go short.
This interactive presentation contains the latest gas (and a little oil) production data, from all 9,661 horizontal wells in Pennsylvania that started producing from 2010 onward, through May.
Visit ShaleProfile blog to explore the full interactive dashboard
Natural gas production in this state fell by almost 0.5 Bcf/d in May, a larger decline than is common for this month. Compared with last year, output is still up