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PS - Rockies Briefs - March 9, 2020
According to the latest Enverus FundamentalEdge report, Rockies natural gas breakevens are north of $3.00/ MMbtu, which is far above Henry Hub prices. A traditional gas play, the Rockies will be able to offset some of the declines from gas-directed plays with increases from oil-directed activity in the DJ and Powder River basins. However, the region is expected to see a net gas production decline over the next five years. On the oil front,......
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