Post by
ganja50 on Nov 11, 2014 4:52pm
Fracking
Anyone think the decline in oil prices is going to have much of an effect on AQE?
Comment by
barneyboy on Nov 12, 2014 11:28am
Because Aqe's technology is such a positive cost saving process, i think if companies revise their capex for 2015 the last thing to cut would be the rovers or nomads. I also feel that oil prices are not going to remain suppressed for long.Always another event to make an excuse for higher prices.
Comment by
kaydeeh on Nov 12, 2014 7:43pm
I've read that some companies are better at fracking than others, so some companies have a much lower costs than others. Then, there is this article https://business.financialpost.com/2014/10/23/u-s-shale-companies-are-cramming-more-wells-into-oilfields-in-risky-move-to-keep-boom-going-amid-plunging-prices/?__lsa=89c4-9d0b Hopefully they shed some light on the subject in their next PR.
Comment by
kaydeeh on Nov 12, 2014 7:44pm
https://business.financialpost.com/2014/10/23/u-s-shale-companies-are-cramming-more-wells-into-oilfields-in-risky-move-to-keep-boom-going-amid-plunging-prices/?__lsa=89c4-9d0b
Comment by
kaydeeh on Nov 12, 2014 7:45pm
page breaks didn't work well on that last post