[thackney]

Note that analysts estimates can be way off. Not to mention great variances of cost within the same field from sweet spots to marginal wells.

http://www.reuters.com/article/2014/10/23/idUSL3N0SH5N220141023

Lost of estimates at the link above, but notice some significant variations.

For example, from that same link.

UBS INVESTMENT RESEARCH
EAGLE FORD $43.34

GOLDMAN SACHS
EAGLE FORD $80-$90

[Smokin' Joe]

Quick question, how many of the outfits predicting prices are beholden for bailout money? Maybe a favor in a bad looking election year?

Just an observation, but the price seems to drop in election years and predictions have a way of becoming self-fulfilling prophesy until market factors reassert themselves (6 mos to a year).