kr

I have 2 gas wells on our property from 2009 and the royalties from them generate about 6 grand a month. If it were not for those wells I would not be able to survive my life style.

We live in a heavy gas-drilling area and wells are being capped because the price of gas is so low.

A lot of us here are unemployed and when we can find work it's at minimum wage, so we end up working for a year to pull in what you are being given in 2 months! And to be able to spend it all so lavishly that you can barely afford to go without....

Good for you.

Calling oil wells "ponzi schemes" is labeling them exactly for what they are. For short term gain, the earth and humanity is being sacrificed. Worshiping Mammon and all that.

When the last human takes his last breath, probably about 2120 when the avg. low temperature in the arctic reaches 100 degrees and atmospheric concentration of O2 is too low to support life, he might not be thinking about profits.

really don't think things through. Also, truly intelligent species in the universe will contain humans to earth IMO unless humanity really shapes up which I doubt given evidence to date.

They'll produce breathable air, and sell it, along with drinkable water, which they are already selling.

Destroying the environment in an irreparable way in exchange for money. Don't whine when your water becomes flammable and your land collapses underneath you.

Hey ...do you agent Mike too?

Not sure what the comment was about so if you could explain it to me I would be much appreciated.
Is it the 6 grand a month? I have neighbors with over 200 acres 4 wells and they are knocking down 14 grand a month plus free heat.
My water is fine I have it tested every year I can see no negatives in this kind of situation. Jealousy just might be YOUR problem.

Are they vertical or horizontal?

Where and how is your toxic waste disposed of?

What is your royalty interest/share?

Your profile says NC and the google tells me that there are no oil or gas wells in NC.

The profile "NC" is for their million dollar beachfront property.

(Wonder if Meg is some bored staffer of Rethuglican Robert Rucho...)

My profile says NC because that is where I hang most of the time(Lake Lure area and yes it is a wonderful summer house). I live near Erie, PA where they have been drilling all over the place for years.

Seems to me that the only people who bitch about all this gas/oil drilling are the ones who do not have a well.

I have neighbors who have under 50 acres and they don't get considered (50 acres or more to have a well) they started treating us like we had a disease as soon as they heard we received the royalties and the free gas for heat. These so called neighbors can kiss my a$$ I don't need them!!!

So with that said I am very sorry that my good fortune has offended any one here.

> My water is fine I have it tested every year I can see no negatives in this kind of situation.

"I got mine so FUCK YOU!"

Pathetic.

it is that a capitalist economic system rapes resources and encourages behaviors that result in only a few holding so much wealth. That is the problem - and it is happening worldwide. Billionaires living in extreme luxury while others are homeless - that we support an economic system that allows such inequity is ridiculous. It is not being jealous (I am well-off as well -not 1% but pretty close to that), it is realizing that this capitalism is morally indefensible.

That's if you are getting half the price at the well.

Current gas prices do not pay to recover the costs of exploration and drilling. Companies are drilling only because the leases have deadlines for drilling or the leases expire.

The flow in fracked wells drops off rapidly relative to conventional gas wells.

Drilling is continuing where there is oil along with the gas, but the rig count for fracked wells has dropped off dramatically.

and then we blame the government , and hold expensive blame hearings.

Haven't heard anyone blame the government. But then again, the media only blames the gov't when Obama is President. If this was Bush, they would blame the Democrats in Congress.

Drill baby drill!

Where are the leaders guiding the nation toward a sustainable renewable energy infrastructure?

There has been a huge attempt to get people to switch to natural gas where I live. I declined because it is too easy to predict the future as far as the natural gas miracle is concerned.

are getting out the gas business in Alberta and selling their holdings?