Was talking to my dad about this yesterday. He is 55 years into being a pumper on a collection of gas wells in south Texas. He actually was out in the field near Sonora two days ago carrying drums of methanol for injection into flowlines in hopes of keeping them from freezing. 73-year -old man rolling 55 gallon drums out of the back of a truck pisses me off but whatever---I am not driving down there to help.
Anyway, his claim is something like 70% of natural gas in the state is produced by companies/guys that own just a few small wells (my experience as roustabout makes this believable). These guys maybe clearing only a couple of hundred dollars apiece on these low-MCF wells, and they are struggling meeting new demands. It is not like it is Exxon that can't pay for methanol injection or other anti-freeze procedures--it is Ralph. He also said that the new paperwork requirements are crazy, and lots of small guys are getting out. Anyway, just a take from an old guy that has seen about all of it down there.
But he also made sure to tell me before he hung up that the last outage was because all the bullshit, lib windmill blades froze up so there is that too.