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Breaking: OPEC Refuses to Cut Production 20 Replies

Started by Jesse Drang in General Shale Discussions. Last reply by Charles Randolph 17 minutes ago.

First Rice Energy Utica well location? 72 Replies

Started by Dennis in General Shale Discussions. Last reply by DESJR 48 minutes ago.

kimble company 5 Replies

Started by mike james in General Shale Discussions. Last reply by mike james 2 hours ago.

How this Shale Network Began and Giving Thanks 10 Replies

Started by Keith Mauck (Site Publisher) in General Shale Discussions. Last reply by Jim Litwinowicz 2 hours ago.

welfler well sykes ridge

Started by Pat in General Shale Discussions 2 hours ago.

Leasing ROW, what is the going amount. 3 Replies

Started by Rick Schultz in General Shale Discussions. Last reply by phillips 16 15 hours ago.

Production Numbers Off The Charts, Where Will It End? 32 Replies

Started by Old School Driller Descendant in General Shale Discussions. Last reply by john p halloran 18 hours ago.

Tyler county lease offer 17 Replies

Started by rmc in General Shale Discussions. Last reply by jason irvine 20 hours ago.

First waterless frack in Ohio Utica shale 79 Replies

Started by Mike Murphy in General Shale Discussions. Last reply by Joseph-Ohio yesterday.

Ohio 3rd Qtr. reports 2 Replies

Started by bo boboski in General Shale Discussions. Last reply by evan yesterday.

The rise in the price of gas. Do companies lose? 2 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Jesse Drang yesterday.

Jack's Picks VII 2 Replies

Started by Jack Straw in General Shale Discussions. Last reply by David Perotto yesterday.

Jack's Picks VI 183 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Jack Straw yesterday.

EQT to stop drilling until 2016 31 Replies

Started by C Tysinger in General Shale Discussions. Last reply by Mike Fulper on Wednesday.

2020 Vision 3 Replies

Started by Frank Walker in General Shale Discussions. Last reply by Frank Walker on Wednesday.

Pipeline maps in Eastern Ohio 11 Replies

Started by williet57 in General Shale Discussions. Last reply by Joseph-Ohio on Wednesday.

Pro-fracking video ad 3 Replies

Started by Frank Walker in General Shale Discussions. Last reply by Elnathan Cory on Wednesday.

leasing mineral rights 2 Replies

Started by Donna M. Thompson in General Shale Discussions. Last reply by Donna M. Thompson on Wednesday.

plat map for pipeline 2 Replies

Started by Pat in General Shale Discussions. Last reply by Alan Bowers on Wednesday.

Blog Posts

Chesapeake Energy Royalty Statement Decoded

*Oil, Gas and Natural Gas Liquids are sold well below market value to Affiliate (Chesapeake Energy) then a royalty is paid. The product is then sold on open market for a fair market price. An investigation will show that all royalty paying sales by CHK are by the same route, a bogus sale. The Royalty Statement admits to this activity which fits the definition of Theft By Deception per Ohio Revised Code.



*Natural Gas is used by Chesapeake free of charge as stated on Royalty statement.… Continue

Posted by Ron Hale on November 7, 2014 at 12:12pm

Too Much Clay? Chill Out. Why Cryogenic Fracturing May Be the Answer

 

Almost without exception, today’s shale wells are stimulated using water-based fracturing fluids (slickwater).  This technique is popular due to its ability to transport proppant effectively at a relatively inexpensive cost.  However, it is a magnet for criticism from environmentalists, who are concerned about the incredible volume of water needed as well as the resulting contaminated wastewater which must be treated and disposed of properly.   Water use is often cited as one of the…

Continue

Posted by John H on November 2, 2014 at 8:21pm

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…

Continue

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

Events

Latest Activity

Charles Randolph replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"I don't expect to see any new rigs move in to NEPA to drill more of the lowest priced dry gas in the USA until takeaway capacity increases in the years ahead."
17 minutes ago
Charles Randolph replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"This is exactly my thinking on the Rex-Shell deal."
21 minutes ago
Trapper replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"Remember the Saudis desperately desire supplying Europe with NG. Russia stands in their way via their puppet in Syria. A pipeline through Syria to Turkey and westward to Europe is in their plans. Driving the price of crude below $80/bbl throws…"
41 minutes ago
DESJR replied to Dennis's discussion 'First Rice Energy Utica well location?'
"I am going to take a somewhat educated guess without looking at the plat maps, since I do not know where to find them. I would put my money on most if not all of the drilling unit will be on Murray Energy property. My undestanding that part of the…"
48 minutes ago
Thomas Lilli replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"Actually, it has an effect of climbing debt do to the dropping wages. That is what has happened in the last six years here. You don't have to be an economist to figure that out either. Look at your own situation. (Deflation) I think some…"
1 hour ago
Trapper replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"Perhaps our saviors will be the crackers planned for the Ohio River valley. In our area Rex Energy is into the wet gas scene with close ties to Markwest and their Bluestone treatment facilities. Would you say then that small companies like Rex will…"
1 hour ago
Summer Johnston replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"You're assuming cheap energy prices CAN revive world economic activity. The ugly part of deflation--dropping prices but debt loads remain the same and not serviceable. Creditors want their money and there's little to be had.  "
1 hour ago
Sonya Frederick replied to Dennis's discussion 'First Rice Energy Utica well location?'
"The pdf files for The Mohawk Warrior have been uploaded.  I have been looking at the platmaps and permits and trying to understand the process for this well.  In the platmap, it looks like they are drilling horizontally in the east…"
1 hour ago
Frank Walker replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"Well, good.  Guess I'll hold off just a bit longer before I fill up my (home heating) oil tanks. Also, this should free up at least a few drilling rigs.  They're more than welcome to come here to NE PA to drill for our…"
1 hour ago
Mike Fulper replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"It is not that complicated... SMOKE the Middle East... We don't need them.... At that point WE control the Worlds OIL supply... We have the crude.... This is all about destroying the US as you know it..... First with the collapse of the…"
2 hours ago
mike james replied to mike james's discussion 'kimble company'
"kimble was not allowed to sale the lease it was suppose to stay in their name.they sold it to red hill and never even contacted owners he does not receive no free gas from well. now he is being offered to receive mineral rights when well is drilled…"
2 hours ago
Jim Litwinowicz replied to Keith Mauck (Site Publisher)'s discussion 'How this Shale Network Began and Giving Thanks'
"Fascinating story.  From your symptoms, I was thinking MS.  Glad to hear it is something controllable, if not curable. Strange how life plays out and how you were steered to the nat gas industry. Thanks for persevering and creating this…"
2 hours ago
Pat posted a discussion

welfare well sykes ridge

Has anyone heard any updates after the flaring on the welfer well? All trailers and equipment  is moved out again and we were wanting to know if anyone heard anything or got any papers in the mail yet on anything? still waitingggggg and not…See More
2 hours ago
Jesse Drang replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"Trap - it is not a matter of being profitable, it is a question of how profitable. High oil prices were factored into the cost-benefit analysis at the outset. A lot of companies are waking up today to a new reality as their models go out the…"
2 hours ago
Thomas Lilli replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"It is my belief that, like anything else in this country, controlling production costs would have a major impact on the profitability margins to produce G&O. The costs to do anything in this country are non competitive due to all the…"
5 hours ago
Brian Woodcock replied to Keith Mauck (Site Publisher)'s discussion 'How this Shale Network Began and Giving Thanks'
"And a very great Thank You from us,we have benefited from your postings and very pleased you are a God Fearing family. Brian and Linda."
6 hours ago
 
 
 

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