Forum

"Don't forget the Land Value" 28 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Dan 3 hours ago.

JUST A QUESTION 2 Replies

Started by DONNA M SELLERS in General Shale Discussions. Last reply by Ron Hale 4 hours ago.

Park Foundation exposed yet again 1 Reply

Started by David Perotto in General Shale Discussions. Last reply by Barry Dyngel 4 hours ago.

Artex offer 12 Replies

Started by Gary Castellini in General Shale Discussions. Last reply by Dexter Green 4 hours ago.

Release of lien to sell mineral rights question.....plz explain 3 Replies

Started by Joe Shervinski in General Shale Discussions. Last reply by James Foster 5 hours ago.

"Independent Drillers Moving into Columbiana" 3 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Trapper 5 hours ago.

Eisenbarth well fire 11 Replies

Started by Den in General Shale Discussions. Last reply by searcherone 5 hours ago.

Jack's Picks VI 47 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Jack Straw 6 hours ago.

falling gas prices

Started by jason irvine in General Shale Discussions 8 hours ago.

feel abandoned-- 40 Replies

Started by nc man in General Shale Discussions. Last reply by Philip Brutz 11 hours ago.

Christman's Well Pad, North of Quaker City 11 Replies

Started by RF in General Shale Discussions. Last reply by Jan 11 hours ago.

Pugh clause or Pool all clause? 10 Replies

Started by shorty79 in General Shale Discussions. Last reply by Mary 12 hours ago.

Pooling 9 Replies

Started by joe in General Shale Discussions. Last reply by Dexter Green 13 hours ago.

Does unit size matter for production? 7 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Zack Jameson 14 hours ago.

amendment 15 Replies

Started by joe in General Shale Discussions. Last reply by Dexter Green 15 hours ago.

Just wondering...horizontal clinton? 23 Replies

Started by mbc in General Shale Discussions. Last reply by Joseph-Ohio 16 hours ago.

Revised lease 35 Replies

Started by Mary Schultz Price in General Shale Discussions. Last reply by Mary Schultz Price 21 hours ago.

Activity at the Hartz Well on Crestview Rd.? 1 Reply

Started by Clio in General Shale Discussions. Last reply by James Foster yesterday.

Blog Posts

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

Why the Pt. Pleasant is Key to Utica Production

 

The Point Pleasant formation has been described as marking the end of Middle Ordovician time.  The Ordovician Period is characterized as the greatest submergence of the North American plate because shallow seas covered such an extensive area, including all of Ohio.  In this environment, the Acadian mountain-building event occurred whereby sediments high in kerogen were shed from the highlands into a somewhat enclosed basin,…

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Posted by John H on April 1, 2014 at 7:30pm — 2 Comments

Events

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October 28

Tuesday

Latest Activity

Dan replied to Ron Eiselstein's discussion '"Don't forget the Land Value"'
"Now a days a 28% increase in farm land can mean a 100% increase of a food item at the check-out. If it wasn't for the O&G wind fall for many in the region we might be neighbors to massive Chineese owned feed crop farms to supply their love…"
3 hours ago
Mike Murphy replied to Ron Eiselstein's discussion '"Don't forget the Land Value"'
"i dont think there is any 10 year plan for pipelines or more people would know about it ....if anything these buyers are speculating on the land being in demand in the future and have more money then they  know what to do with .......maybe they…"
3 hours ago
Ron Hale replied to DONNA M SELLERS's discussion 'JUST A QUESTION'
"Donna,      Let me try to decipher this.    Could be trying to get a response in order to get into your computer. Sounds Like: Your oil & gas producer working overtime to figure out how not to pay you. Could Be: …"
4 hours ago
Barry Dyngel replied to David Perotto's discussion 'Park Foundation exposed yet again'
"I've always found it hypocritical that the anti oil and gas folks tell us that we can't trust studies that show shale development can be performed safely. They tell us that we can't trust those studies because "some" of the…"
4 hours ago
Dexter Green replied to Gary Castellini's discussion 'Artex offer'
"I've seen this seismic contract/option to lease.  Artex isn't stupid.  They're not going to pay for a lease if the seismic shows a property isn't promising.  They also want to get the data and then avoid going…"
4 hours ago
Ron Eiselstein and Jacob Kampfer are now friends
4 hours ago
Barry Dyngel replied to Jay's discussion 'Beck Energy v. Hupp Hearing Today (7/23/14) @ 11:15 am in Youngstown! Anyone on GMS Going to Support Landowners?'
"Dexter, Thanks for answering my question and your response also answered a couple of other questions. Thanks Let's hope the lower courts decision stands the appeal."
4 hours ago
Barry Dyngel replied to Jay's discussion 'Beck Energy v. Hupp Hearing Today (7/23/14) @ 11:15 am in Youngstown! Anyone on GMS Going to Support Landowners?'
"Olive, Thanks for the direct answer. I had heard about the tolling order and it stinks. But if the decision of the judge is upheld I don't believe the tolling order will stand."
4 hours ago
Ron Hale replied to Ron Eiselstein's discussion '"Don't forget the Land Value"'
"Ron,    The DA that bought the land probably has the pipeline plans for the next 10 years and now owns the pipeline bottle neck for Americas largest oil field. The surface owner owns the right of ways on the property, not the mineral…"
4 hours ago
Ron Hale replied to Gary Castellini's discussion 'Artex offer'
"Gary,      I looked at a parcel of land in WV that the owner said didn't have an Oil & Gas lease but some gas people paid a small fee each year to come by and do seismic testing. I asked to look at the document and…"
4 hours ago
James Foster replied to Joe Shervinski's discussion 'Release of lien to sell mineral rights question.....plz explain'
"You need an attorney. Your mortgage was based on your house and probably the half acre around it. We have thirteen acres but according to the bank they are not considered when we have refinanced twice and tried one other time after economy tanked.…"
5 hours ago
Jill added a discussion to the group Harrison County, OH
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Franklin Township

Why are there no wells in Franklin Township?See More
5 hours ago
Trapper replied to Ron Eiselstein's discussion '"Independent Drillers Moving into Columbiana"'
"So why then does Southern Lawrence County stay in a slumber? Time tics on as Shell sleeps......"
5 hours ago
searcherone replied to Den's discussion 'Eisenbarth well fire'
"The stream involved is Opossum Creek that flows into the Ohio River.  That said since the location of the entry into the Ohio River is not far from the Hannibal Locks and Dam there is significant width and depth to this creek.   Where…"
5 hours ago
Dexter Green replied to Gary Castellini's discussion 'Artex offer'
"Horizontal drilling isn't magic.  It's not always practical to apply it to certain formations.  My money is on Artex drilling conventional Rose Run wells.  Rose Run is hard without good seismic.  It's basically a…"
5 hours ago
Dexter Green replied to Joe Shervinski's discussion 'Release of lien to sell mineral rights question.....plz explain'
"You need them to subordinate the mortgage.  It may involve using a % of the proceeds from a mineral sale to cover part of the existing mortgage.  Physically go to the bank and speak with someone who deals with their residential real estate…"
5 hours ago
 
 
 

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