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pad fee 13 Replies

Started by patrick in General Shale Discussions. Last reply by John 13 minutes ago.

Jack's Picks VI 111 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Joseph-Ohio 23 minutes ago.

The black hole

Started by jason irvine in General Shale Discussions 52 minutes ago.

gas propduction in gas storage feild 1 Reply

Started by Jim Maxwell in General Shale Discussions. Last reply by Philip Brutz 58 minutes ago.

Current Tioga County Lease offers

Started by Robin Lynn in General Shale Discussions 1 hour ago.

Selling Land and/or mineral rights etc. 2 Replies

Started by Kenneth W Sundermeier in General Shale Discussions. Last reply by Kenneth W Sundermeier 1 hour ago.

Leasing in Ritchie County 14 Replies

Started by Alyce in General Shale Discussions. Last reply by jason irvine 2 hours ago.

Information On Fineran Well 9 Replies

Started by AP Wea in General Shale Discussions. Last reply by James Foster 3 hours ago.

D O Question? 5 Replies

Started by DONNA M SELLERS in General Shale Discussions. Last reply by Laura 5 hours ago.

When will it come to North Belmont Co. 4 Replies

Started by Rob Hemmis in General Shale Discussions. Last reply by Dexter Green 5 hours ago.

Current Tioga County lease offers 14 Replies

Started by Robin Lynn in General Shale Discussions. Last reply by Robin Lynn 8 hours ago.

Trying not to get ripped off. 40 Replies

Started by Amber burkett in General Shale Discussions. Last reply by Finnbear 8 hours ago.

Equipment question 13 Replies

Started by Bluejack Farms in General Shale Discussions. Last reply by Mike Murphy 9 hours ago.

Lackawanna county pa. will we ever see activity?

Started by F. Emmett Kearney 111 in General Shale Discussions 9 hours ago.

Leasing offers around Amsterdam 18 Replies

Started by Jeffrey L. Rubis in General Shale Discussions. Last reply by Jeffrey L. Rubis 9 hours ago.

existing well 3 Replies

Started by Mark Y in General Shale Discussions. Last reply by Philip Brutz 12 hours ago.

"Hilcorp Earthquake wells Kicking Butt in the Northern Utica" 46 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by pat n yesterday.

Blog Posts

Holbrooke storage field

Signed a lease with a company in November of last year. We are the mineral/royalty owners. We were told that the landowners get the signing bonus and we get only royalties. The last thing we were told is that there is no time frame when we would get our royalties and that drilling is being held up by the Holbrooke storage field. They obviously knew this before they had us sign a lease because there has been litigation over the storage field since 2012. Anyone know what gives? We are ready to… Continue

Posted by Debra Lynn Pennell on August 16, 2014 at 3:00pm

A Unique Energy Problem for America

 

Houston and the rest of the U.S. Gulf Coast have more crude oil than the region can handle.

Stockpiles in the region centered on Houston and stretching to New Mexico in the west and Alabama in the east rose to 202 million barrels in the week ended April 4, the most on record, Energy…

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Posted by John H on April 17, 2014 at 3:29pm — 3 Comments

Shake and Bake: the advent of the resting period

Chesapeake released some quite interesting news during their first quarter 2012 conference call.  Apparently they discovered, entirely by accident, another factor impacting production numbers on their OH Utica completions.  When the Buell Well was drilled in Harrison County, a minor problem prohibited them from immediately completing it.  The unintended resting period allowed much of the water and frack fluid to dissipate prior to completion.  Their Carroll County wells, drilled…

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Posted by John H on May 31, 2014 at 7:46pm — 2 Comments

Chesapeake's French Connection May be Coming to an End



On November 4, 2011, Chesapeake announced a joint venture agreement whereby they agreed to sell part of its holdings in the Utica Shale for $2.3 B.  The announcement claimed that CHK would get $649 M from an undisclosed buyer in exchange for a 25% interest in 650,000 acres in Ohio's wet gas and volatile oil window.  It's partner, Enervest, would receive $90 M in cash.  Further, the buyer, now disclosed as France's TOTAL SA, agreed to pony up $1.5 B toward Chesapeake's drilling…

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Posted by John H on June 1, 2014 at 6:20pm

Economics for a Typical Utica Completion in Ohio

CEO Frank Tsuru of Houston-based M3Midstream is investing over $1B across Eastern Ohio in a rush to get into the Utica ballgame. His…

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Posted by John H on June 8, 2014 at 4:30pm — 1 Comment

E&P Companies Like Ohio for More than Just Geological Reasons

Drillers like Ohio for more than just geological reasons. Ohio is ideally located to take advantage of development and commercial networks in both the Midwest and on a national scale. Ohio is within 600 miles of 60% of the US population and more than half of the Canadian population. It has considerable existing infrastructure and one of the most favorable tax/business climates in America. Ohio has zero tax on inventory or corporate income, no tax on investments for inventory or equipment, no…

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Posted by John H on June 22, 2014 at 4:07pm — 4 Comments

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Latest Activity

John replied to patrick's discussion 'pad fee'
"20 acres would be a very large pad site. Ours was 8 acres I believe. The way our lease read it was 30,000 for 7 acres and an amount ( can't remember what) for every acre over 7. Insure each lease is a. It different"
12 minutes ago
james commented on Dave's group 'Crawford County, PA'
"Thanks"
22 minutes ago
Joseph-Ohio replied to Jack Straw's discussion 'Jack's Picks VI'
"When I write 'our fleet' I mean the 'fleet' transporting our LNG sold to whoever buys and / or transports it; as I think there would be ships from numerous flags involved. "
23 minutes ago
Ron Hale replied to Don C's discussion 'Wet vs. Dry Gas in Columbiana County' in the group Columbiana County, OH
"James,      Some additional checks you can perform on your royalty statement: 1. Check the value Oil, Gas and NGLs sold for in March on the open market. I bet your royalty statement isn't close. CHK sells to themselves, it…"
24 minutes ago
Jesse Drang commented on Dave's group 'Crawford County, PA'
"James - check this out: http://www.wvgs.wvnet.edu/ATG/ You need a very narrow lease description if you only want to hold them to Clinton/Medina"
28 minutes ago
george m vietze replied to george m vietze's discussion 'REPUTABLE STUDY IN EUROPE REPORTS THAT PROBLEMS WITH WELL CONSTRUCTION NOT FRACKING CAUSED DAMAGE TO WATER SUPPLIES!!!'
"I agree Jesse, but in reading this report and the backup research and the credentials of the people involved in the report it seems to be well documented by respected people involved in environmental research which seems to be well supported.…"
40 minutes ago
james commented on Dave's group 'Crawford County, PA'
"He said they were interested in the Medina, I told him Kastle is drilling a lot in that area. Whats your thoughts on leasing just that formation? $50 isn't very much but if we can still lease the Utica/Marcellus. Or not worth messing with?"
40 minutes ago
Ron Hale replied to patrick's discussion 'pad fee'
"Jason,      That should be $30,000 per well as a Spud Fee. You better bet the state will charge you plenty for Real Estate Taxes. The value will probably go up rather than down. My property value shot up due to some real nice…"
46 minutes ago
Ron Hale replied to patrick's discussion 'pad fee'
"Patrick,        The company will send you a 1099 Form which will show the type of income. The bonus was marked as Rents & Royalties, which is what the royalties will be as well. I would think a Spud Fee would fall…"
50 minutes ago
jason irvine posted a discussion

The black hole

What is the problem? I own property in the middle of Wetzel and tyler. When you look at the maps there is quite a bit of drilling going on around us but there is barely nothing in our area. We have 3 pay zones, 2 wet and know it seems a large amount…See More
52 minutes ago
Philip Brutz replied to Jim Maxwell's discussion 'gas propduction in gas storage feild'
"Inchworm Antenna is the site expert on this subject.  You want to friend them.…"
58 minutes ago
Jesse Drang replied to george m vietze's discussion 'REPUTABLE STUDY IN EUROPE REPORTS THAT PROBLEMS WITH WELL CONSTRUCTION NOT FRACKING CAUSED DAMAGE TO WATER SUPPLIES!!!'
"Understood, George. But for every report there is another with the opposite conclusion."
1 hour ago
jason irvine replied to patrick's discussion 'pad fee'
"James. I am also talking about just the area the pad sits on is gone, not the land around it. I've got 80 acres if the pad is 20. I've got 60 I can hunt on now."
1 hour ago
jason irvine replied to patrick's discussion 'pad fee'
"30th. John could you break that down a bit. Mine is a hunting camp and the pads seem to take up quite a bit of space."
1 hour ago
Jesse Drang commented on Dave's group 'Crawford County, PA'
"I think Kastle (sp) is the driller. Going vertical into Beakmann (sp), maybe."
1 hour ago
george m vietze posted a discussion
1 hour ago
 
 
 

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