Rider Element F: Attempt to identify natural gas break-even prices in different shale plays throughout the state.
According to IHS7, Inc., a data and forecasting firm, the break-even price for natural gas plays within Texas (as of June 24, 2014) was estimated to be as follows:
|Barnett Shale (core)||$6.61|
|Eagle Ford East Dry Gas||$10.50|
|Eagle Ford West Dry Gas||$6.56|
|Haynesville Tier Two||$4.26|
|Cotton Valley Horizontal||$4.62|
|Eagle Ford East Wet Gas||$-1.458|
|Eagle Ford West Wet Gas||$1.46|
|Granite Wash Wet Gas (Texas)||$1.22|
* natural gas (methane) possibly also containing, but not in significant amounts, natural gas liquids.
** natural gas (methane) and containing, in significant amounts, natural gas liquids such as butane, propane, and ethane, for example. Such liquids tend to enhance the profitability of a natural gas well as these liquids are priced more closely to crude oil than to dry (methane) natural gas.
A Massachusetts Institute of Technology interdisciplinary study on the future of natural gas (released in 2011, and based on data from 2009) included in its Appendix 2D an economic analysis of the break-even prices for natural gas in the major U.S. plays. For those natural gas plays within Texas the estimated break-even prices9 were as follows:
|Haynesville Shale (TX and LA)||$1.46|
In 2015, the Texas Legislature passed House Bill 855, which requires state agencies to publish a list of the three most commonly used Web browsers on their websites. The Texas Comptroller’s most commonly used Web browsers are Google Chrome, Microsoft Internet Explorer and Apple Safari.