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Enervest Clinton Horizontal Wells in Stark County 39 Replies

Started by Ron Lampe in General Shale Discussions. Last reply by RAY RATELL 1 hour ago.

Chevron expenses deducted from royalty 1 Reply

Started by Mary in General Shale Discussions. Last reply by Jack Straw 1 hour ago.

Kinder Morgan pipeline 1 Reply

Started by Bill Leaseburg in General Shale Discussions. Last reply by searcherone 2 hours ago.

House bill 1684 for our 12.5 guaranteed royalty in Pa., what happened to it? 3 Replies

Started by robert g. weaver in General Shale Discussions. Last reply by Inchworm antenna 2 hours ago.

air emission issue's 1 Reply

Started by jason irvine in General Shale Discussions. Last reply by Jesse Drang 3 hours ago.

Jack's Picks VI 126 Replies

Started by Jack Straw in General Shale Discussions. Last reply by David Perotto 5 hours ago.

Has anyone received a royalty (NOT bonus) payment from Antero? 47 Replies

Started by Paul Nickels in General Shale Discussions. Last reply by Carl Krebsbach 8 hours ago.

Tapan Lake Lease on Hold 5 Replies

Started by Jim Ruff in General Shale Discussions. Last reply by ray schmidt 9 hours ago.

Ebola!! ISIS!! Putin!! Yet Oil Prices Drop 65 Replies

Started by Jim Litwinowicz in General Shale Discussions. Last reply by Philip Brutz 12 hours ago.

Break Evens

Started by Jesse Drang in General Shale Discussions 12 hours ago.

FERC controlled pipelines. What is your plan of attack? 25 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Lester L Greevy 13 hours ago.

Early renewal of 5 year lease with Shell 22 Replies

Started by Peggy A Murray in General Shale Discussions. Last reply by Peggy A Murray yesterday.

Don't all wells produce some oil? 16 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Mike Fulper yesterday.

Sign On Bonus Question

Started by Jean in General Shale Discussions yesterday.

how do we break a lease in WV? 10 Replies

Started by Lisa McKenzie in General Shale Discussions. Last reply by Ron Hale yesterday.

Title Question 13 Replies

Started by Drb Bummy in General Shale Discussions. Last reply by Ron Hale yesterday.

Blog Posts

Rice Energy Lease Bonus Payments

Hi - Received an offer from Rice Energy which shows 1/2 bonus paid in 75 days and balance paid one-year from signing. Does anyone know if Rice Energy is normally agreeable to other bonus payment schedules that would better benefit the landowner (like maybe 1/2 in 75 days + 1/2 in 3 months)? Am worried they would not pay the second installment when it comes due. Any advice on this is welcomed!

Posted by Suzy on September 19, 2014 at 3:44pm — 1 Comment

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…

Continue

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…

Continue

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

Events

October 28

Tuesday

Latest Activity

Dexter Green replied to MJ's discussion 'Bp Wells Sold!' in the group Trumbull County, OH
"BP doesn't sit back and wait for prices to rise.  That's not how they operate.  They also don't live in an alternate reality where gas prices in the Appalachian Basin will magically rise to a level that makes lousy wells…"
12 minutes ago
RAY RATELL replied to Ron Lampe's discussion 'Enervest Clinton Horizontal Wells in Stark County'
"OHIO IS FULL OF GAS IN MORE WAYS THAN ONE. natural gas is to cheap they want 100 a barrel oil. not 3000.00 per million cubic feet, when gas gets to 10,000 per mil then look out. liquid natural gas is sold over seas, and they are not ready to produce…"
1 hour ago
Jack Straw replied to Mary's discussion 'Chevron expenses deducted from royalty'
"RE: "Any thoughts" Contact your PA State Representative and tell them that you want them to support HB1684. Until and unless our State Representatives (and Senators) listen to US (rather than industry lobbyists); the…"
1 hour ago
RAY RATELL replied to MJ's discussion 'Bp Wells Sold!' in the group Trumbull County, OH
"DOES ANY ONE KNOW WHY THEY PLUGED THEM? I THINK THEY WERE DRILLED STRAIGHT DOWN ANS WERE TEST WELLS, DOES ANY ONE KNOW WHAT THEY MADE??? I THINK BP JUST PURCHASED ALL THE PROPERTY TO SELL TO OTHER COMPANIES, AND MAYBE SELL OFF THE BAD ONES. THEY…"
1 hour ago
Nancy Mosley replied to Ron Hale's discussion 'Class Action Lawyers Investigating Potential Lawsuit Against Chesapeake Energy'
"The link Ron posted at the beginning of this, after talking about Chesapeake, talks about Energy Corporation of America and its unfairly taking costs. I was told that their interpretation of West Virginia's statute changing the old flat rate…"
2 hours ago
searcherone replied to Bill Leaseburg's discussion 'Kinder Morgan pipeline'
"Do you have a name for the pipeline?"
2 hours ago
searcherone replied to searcherone's discussion 'Monroe County doing Very Well in Shale Play; Ethane Cracker on Ferro Alloys property in Salem TWP on 50 acres'
"Yes, it is the Ferro Alloys site owned by AEP in Salem Township that is the proposed site for the cracker.  It is still a go and details are being worked out.   Comment was perhaps we will be moving dirt in a year, this from an…"
2 hours ago
Rich replied to Trapper's discussion 'Lawrence County 2014' in the group Lawrence County, PA
"This is why Roy.% is so important! These are 20-30 yr wells. With four different thick shale plays. We land owners have to be united and educated in the decisions we make. Because they are very far reaching in the affects that they have for the…"
2 hours ago
Jack Straw replied to Ron Hale's discussion 'Class Action Lawyers Investigating Potential Lawsuit Against Chesapeake Energy'
"RE: "Permalink Reply by Inchworm antenna 23 minutes ago Both Pennsylvania and WVA have minimum royalty laws.  A minimum royalty law serves as assurance that folks wont get ripped off past at least a certain amount due to convoluted fine…"
2 hours ago
Dennis Smouse replied to Wayne Miller's discussion 'Bradford Co units map update September 2014' in the group Bradford County, PA
"Raymo & Lines"
2 hours ago
Mary posted a discussion

Chevron expenses deducted from royalty

Here in Westmoreland County, PA, we are getting 15% royalty from the dry natural gas but Chevron deducts 16% giving us just above the 12.5% minimum required royalty (Actually comes out to 12.6% after expenses). My Attorney said that these expenses…See More
2 hours ago
Trapper replied to Trapper's discussion 'Lawrence County 2014' in the group Lawrence County, PA
"I have heard rumors about an oil pocket in that vicinity. Maybe it is true. They did seismic in our area a couple years ago. I ran into the crew chief at that time and he was enthusiastic,saying we were sitting on "lots of stuff"."
2 hours ago
Inchworm antenna replied to robert g. weaver's discussion 'House bill 1684 for our 12.5 guaranteed royalty in Pa., what happened to it?'
"They must have talked to the legislatures in Ohio who also ignored such a bill."
2 hours ago
Inchworm antenna replied to Ron Hale's discussion 'Class Action Lawyers Investigating Potential Lawsuit Against Chesapeake Energy'
"Both Pennsylvania and WVA have minimum royalty laws.  A minimum royalty law serves as assurance that folks wont get ripped off past at least a certain amount due to convoluted fine print that can be interpreted 20 different ways.  We need…"
2 hours ago
Rich replied to Trapper's discussion 'Lawrence County 2014' in the group Lawrence County, PA
"Yes Leslie rd to the patterson well is lucky if it is a mile! Mr Leslie the twp supervisor said they were going to put a line from patt. Well due west about 10,000 ft lateral! Down deep! They definitely found something! And I'm gonna guess its…"
2 hours ago
Jesse Drang replied to jason irvine's discussion 'air emission issue's'
"The public is loving low gas prices and the government loves the tax revenue ... the play is not going anywhere unless oil drops below ... $75?"
3 hours ago
 
 
 

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