Posted: Feb. 12th 2020
Shale Gas Drillers Facing Perfect Storm

Amid spending cuts and a reduction in value of production assets, write-downs remain steady.
[View on Reuters](https://www.reuters.com/article/us-usa-natgas-results/u-s-shale-gas-investors-brace-for-write-downs-amid-price-plunge-idUSKBN2052BO)Richard Soultanian, NUS Consulting Group Co-President said
"I think we've seen a good number of write-downs and I think we will see more as people start to factor in lower for longer prices,"