Tag Archives: bail

Hey Arlington TX FYI Chesapeake saved by banks for now look at Goodrich & Quicksilver’s NG Bankruptcies

UPDATE 4/25/15 Swift Energy avoided bankruptcy (for now?) UPDATE 4/19/16 Another one-this one a spin of off Chesapeake called SeventySeven UPDATE 4/18/16 MORE TX bankruptcies As of December 31, 2015, Chesapeake had $9.7 billion of outstanding debt. But saved by … Continue reading

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Shale Gov Bailout 4 exports? O&G growth needs ave $65/bbl & $6.5/Mcf

Arthur E. Berman, Petroleum Engineer, studied 9,100 of 15,000 Barnett Shale wells and found that less than 6% met economic needs per his “Eye of the Storm” presentation. This was using pricing/production data from  2 0 0 5 – 2 0 1 1 … Continue reading

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