C*******r
发帖数: 10345 | 1 【 以下文字转载自 x3 俱乐部 】
发信人: Commissar (内务人民委员柯鈄同志), 信区: x3
标 题: 完了，气估计要去1块5了
发信站: BBS 未名空间站 (Sat Oct 24 22:57:21 2015, 美东)
成本大大降低，多低的价格都没事
Southwestern Energy wells see surge in gas production as costs fall
Posted on October 23, 2015 | By Collin Eaton
HOUSTON — Southwestern Energy Co. says it is figuring out ways to drill
better-performing wells on West Virginia and Pennsylvania land it bought
from larger operators last year, even as energy prices remain cheap.
Its newly drilled natural gas wells in the Marcellus Shale acreage are
outperforming the old wells it acquired from Chesapeake Energy and Statoil
late last year, by a big margin.
They’re pumping 60 percent more gas than expected and drilling and
completion costs have come down by 20 percent, in part because oil field
service companies have reduced equipment and service prices.
“It’s easy to see this asset has tremendous upside, even more than we
anticipated when making the deal last year,” Southwestern President and
Chief Operating Officer William Way said in a conference call with investors
on Friday.
Way said Southwestern is drilling its Marcellus wells in a smaller area
where it believes gas production could be most prolific, a tactic known as
high-grading.
It has also begun using tighter spacing between frac stages and has
increased the amount of sand it uses to as much as 3,000 pounds per foot in
its subterranean laterals. That’s brought costs down under $1,000 per
completed lateral foot, compared to $1,200 last year. Southwestern also cut
the time it takes to drill and complete a Marcellus well by two days.
Southwestern’s Marcellus acreage is one of the latest examples of the
efficiency gains U.S. oil companies are seeing. The efforts also illustrate
how much cheap natural gas and oil prices are draining away earnings despite
cost and productivity improvements.
Southwestern reported it lost $1.77 billion on a large asset impairment in
the third quarter, compared to its $211 million profit the same time last
year. Even with hedges locking in prices for its gas, it got an average $2.
21 per British thermal unit for its gas compared to $3.43 last year.
Southwestern is one of six large U.S. oil explorers that Barclays recently
flagged for more asset impairments in the third quarter. The group of six,
which also includes Chesapeake Energy, Apache Corp. and others, might have
to write down the value of their assets by a combined $20 billion because of
falling prices. |
T*R
发帖数: 36302 | 2 这个是托。记得上次狗剩喊油到30，马上就去50了。
刚才大千有个ID分析得不错。
不过他的看法是UGAZ可能会到3-3.8。 |
g*******e
发帖数: 3013 | 3 气价格在不同地方本来就差距很大。
得看它在哪个地方。（有些地方的可以忽略不计，就象没量的交易）
可惜本人地理从来就不好。 ：（
要有对ｐｉｐｅｌｉｎｅ，和气ａｒｅａ有比较专业研究的人才能知道。
【在 C*******r 的大作中提到】
: 【 以下文字转载自 x3 俱乐部 】
: 发信人: Commissar (内务人民委员柯鈄同志), 信区: x3
: 标 题: 完了，气估计要去1块5了
: 发信站: BBS 未名空间站 (Sat Oct 24 22:57:21 2015, 美东)
: 成本大大降低，多低的价格都没事
: Southwestern Energy wells see surge in gas production as costs fall
: Posted on October 23, 2015 | By Collin Eaton
: HOUSTON — Southwestern Energy Co. says it is figuring out ways to drill
: better-performing wells on West Virginia and Pennsylvania land it bought
: from larger operators last year, even as energy prices remain cheap.
|
g*******e
发帖数: 3013 | 4 回俱乐部看回答吧。俱乐部人才济济呀。刚说要找专业人士，这就来了。
吹嘘一下。
不好意思。
：） |
a****o
发帖数: 6612 | 5 一个气田的储量是有限的，根据物料衡算就知道，如果采用“技术”让初始的产量提高
很多，那么产量的下降就会更快一些。另外有个问题，就是水压裂法的气井，初始产量
不宜过高（井口压力不宜过低），无论采用多么先进的技术，这种加大初始产量的方法
，都会加大气井被“堵塞”从而产量急剧下降的风险。SWN大概是引鸩止渴，挖肉补疮。
【在 C*******r 的大作中提到】
: 【 以下文字转载自 x3 俱乐部 】
: 发信人: Commissar (内务人民委员柯鈄同志), 信区: x3
: 标 题: 完了，气估计要去1块5了
: 发信站: BBS 未名空间站 (Sat Oct 24 22:57:21 2015, 美东)
: 成本大大降低，多低的价格都没事
: Southwestern Energy wells see surge in gas production as costs fall
: Posted on October 23, 2015 | By Collin Eaton
: HOUSTON — Southwestern Energy Co. says it is figuring out ways to drill
: better-performing wells on West Virginia and Pennsylvania land it bought
: from larger operators last year, even as energy prices remain cheap.
|
S**********3
发帖数: 188 | 6 申请加入俱乐部…
对气还是有些研究的，Marcellus之前能卖1.5 $/MMBtu 就不错了，这跟Henry Hub 的
价格不是一回事…
Swn比Chk要稳健一些，没有借太多钱去买地，从三季度看也要撑不住了，如果冬天价格
没有起色，就看谁家先破产了…
11月这种叫Shouder Month，需求很小，所以价格会被打压的很厉害，不过今年12月气
温要比平均高出2-3度，对需求也有影响，所以不要急于预测价格反转，小心抓反弹比
较稳妥…
【在 g*******e 的大作中提到】
: 回俱乐部看回答吧。俱乐部人才济济呀。刚说要找专业人士，这就来了。
: 吹嘘一下。
: 不好意思。
: ：）
|
g*******e
发帖数: 3013 | 7 十分欢迎啊。
又多了些专业人士。更多的ＦＡ．
邀请已发。
【在 S**********3 的大作中提到】
: 申请加入俱乐部…
: 对气还是有些研究的，Marcellus之前能卖1.5 $/MMBtu 就不错了，这跟Henry Hub 的
: 价格不是一回事…
: Swn比Chk要稳健一些，没有借太多钱去买地，从三季度看也要撑不住了，如果冬天价格
: 没有起色，就看谁家先破产了…
: 11月这种叫Shouder Month，需求很小，所以价格会被打压的很厉害，不过今年12月气
: 温要比平均高出2-3度，对需求也有影响，所以不要急于预测价格反转，小心抓反弹比
: 较稳妥…
|
C*******r
发帖数: 10345 | 8 欢迎专业人士。
SWN三季度亏损1.7B听说是write off goodwill (impairment charge),具体怎么回事？
【在 S**********3 的大作中提到】
: 申请加入俱乐部…
: 对气还是有些研究的，Marcellus之前能卖1.5 $/MMBtu 就不错了，这跟Henry Hub 的
: 价格不是一回事…
: Swn比Chk要稳健一些，没有借太多钱去买地，从三季度看也要撑不住了，如果冬天价格
: 没有起色，就看谁家先破产了…
: 11月这种叫Shouder Month，需求很小，所以价格会被打压的很厉害，不过今年12月气
: 温要比平均高出2-3度，对需求也有影响，所以不要急于预测价格反转，小心抓反弹比
: 较稳妥…
|
S**********3
发帖数: 188 | 9 哈哈，谢谢，已加~
不是专业人士，只是没事的时候有兴趣看看，赶上公司（做能源的）的FA组离我们距离
不远，平时也会看看他们的报告~
【在 g*******e 的大作中提到】
: 十分欢迎啊。
: 又多了些专业人士。更多的ＦＡ．
: 邀请已发。
|
B******e
发帖数: 16928 | 10 They overpaid for their acquisition in the past and find that the acquired
company is not as valuable as they throught.
【在 C*******r 的大作中提到】
: 欢迎专业人士。
: SWN三季度亏损1.7B听说是write off goodwill (impairment charge),具体怎么回事？
|
