Monday, October 19, 2009

The Empire Strikes Back

Today, Chespeake, Dev
on, and Tudor, Pickering and Holt published objections to Lynn Pittinger's and my articles on the Barnett and other shale plays. I choose not to respond at this time since there is little substance in these commentaries.

The onl
y response that is appropriate at this time is contained in the accompanying graphs of cumulative Barnett Shale production. These are not interpretations but hard data. I leave it to our critics to explain why production trends cannot be extrapolated to the levels claimed by operators (click images to enlarge).


TXsharon said...

Sure doesn't seem that all the long-term environmental damage is worth the short-term gain in energy. If we had much better regulation, it would make the risks a little easier to take.

TSVanLeeuwen said...


Can you post a link to the rebuttals given by these companies? Thanks for the interesting perspective!

Miguelito said...

I would also like to see the rebuttals if it's at all possible.

Arthur E. Berman said...

TSVanLeeuwen and Miguelito,

I've posted the rebuttals as you requested. I am interested in your comments if you have time. AEB

TBD said...


I've seen much the same you have or anyone who took an objective look at the data avilable. If the plays were really as good as stated 100% ROR why in the hell would you dilute your stock or bring in partners. Simply go to the bank and convince them you are making 100% ROR they would give you all you needed plus some. Also; why have none of the major players showed anywhere near that return on equity. This fact alone tends to give credence to the lesser EUR's. My haynesville take is 1/3 0-2 bcf 1/3 2-4 bcf and 1/3 4+ bcf and that is not a pessimistic take. The king will have no clothes the day they lay the rig down. Been there done that. All capital is consumed in maintaining production.

elwood said...

".....why in the hell would you dilute your stock or bring in partners."

to keep the ponzi scheme going ?

mygamebest said...

SU back to gently asked: "Are you all right?" Aion GoldSU has always been very gentle treatment of women,
the premise must be to be handsome,FFXIV Gil the ugly is that people do not will her gentle bar! ! !wow gold Yang Yang unsteadily answer: "I'm all right." wow poewr levelingSurely she had not the performancebuy wow gold of the just-SU inhuman completely break aion goldfree out of bar.aion power leveling

Nike Air Max Shoes said...

Nike Air Max
Air Max Shoes
Nike Shoes
Wholesale Nike Air Max 2009
Wholesale Air Max Shoes
Nike Air Max 2009
Cheap Nike Air Max
Nike Shoes
Nike Air Max Shoes

sister said...

Such kind of articl is our need , it can give us help from different aspect for different people . after reading this article , I learn a mount of knowkedge increase my power , my families and I all like you article ,reading you article is our best love. May be you are Sports fans? Do you like NFL jerseys or Puma Shoes , Ecco shoes , Nike Sneakers ,these have the high quality,low price,professional service,Just For You if you like.Thank you again for writing this article!


Really trustworthy blog, please keep updating with great posts like this one.
Eeveryone love fashion clothing, Polo Ralph Lauren is very popular all over world, that is my dream to get Ralph Lauren Polo Shirts, now there are lots of online shop which are Ralph Lauren Polo Outlet, it will be convenient for us, you can buy Discount Polo Ralph Lauren there.

Cheapmonclerjacket said...

This is my first visit to your blog. We are starting a new initiative in the same niche as this blog. Your blog provided us with important information to work on. You have done a admirable job.
There are many brand from France, also including herve leger, and most of womens stars love wearing herve leger dress when they join in some important party. Now polo ralph lauren is very popular with youthful people, everyone want to get ralph lauren polo shirts, there are lots of online shop which are ralph lauren polo outlet, true religion jeans outlet, it will be convenient for us.

Anonymous said...

Had repeatedly Rift Platinum said he is Mulan Runes of Magic Gold,if further annoy so me Dofus Kamas,Xuan Feng shock said: Having said Dragon Nest Gold,normally what a mighty.curled up body Dragon Nest Gold,Ye Gu Yun began to gradually R2 Gold transfer the original Swtor Credits feel only the breath of stagnant up Rift Gold,I feel very boring to turn on the general channel Guild Wars 2 Gold,the cold mountain breeze will rub the Troy Dra front said: He came here the 4Story Gold purpose is so Nostale Gold challenging to me,said Qi Hongguang's ancestors Troy Online Gold also had to foll ow the Japanese to attack the Great Grand Fantasia Gold Kublai Khan,surrounded by full of Maplestory Mesos hair flying
a green light Forsaken World Gold envel oped the Atlantica Gold entire cavalry corps headed by Zhao Bailong above Dragon Nest Gold.above a tree,but also War of Dragons Gold for their ruthlessness Cabal Alz,and instantly stop the oncoming force Flyff Penya.for him Atlantica Gold,and even Tin Fu Lu Wada clothes they Last Chaos Gold pull in behind the action did not hear him
rusty hearts gold
wow power leveling
Perfect World Gold

custom written paper online said...

The Barnett Shale play has really become just the largest natural gas play in the state of Texas and, as new wells sprout like bluebonnets across the Fort Worth region, it might soon become the largest in the nation.

Online Essay said...

Definite doesn't appear that all the lasting ecological injure is value the temporary gain in power. If we had a great deal better rule, it would create the danger a small easier to here Expository Essay Writing Tips

Anonymous said...

I provide him and his corporation praise for dream and management in the shale revolt. Paper Ideas