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Lease not valid unless a notary is present? 21 Replies

Started by Richard Yockel in General Shale Discussions. Last reply by Bill Bergseid 4 hours ago.

The Many Ramifications of the Great Oil Plunge of 2014 41 Replies

Started by Jim Litwinowicz in General Shale Discussions. Last reply by LERRET 5 hours ago.

An Unofficial Contest 5 Replies

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

Chesapeake Energy Faces Subpoena on Royalty Payment Practices 27 Replies

Started by Ron Hale in General Shale Discussions. Last reply by deer spotter 8 hours ago.

Tolling of the Beck Leases

Started by Den in General Shale Discussions 8 hours ago.

First waterless frack in Ohio Utica shale 127 Replies

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

It Looks Like The Texas Lawyers Are Tightening The Noose 5 Replies

Started by Ron Hale in Misc.. Last reply by bo boboski 11 hours ago.

What Do Low Oil Prices Mean To Drilling Boom? 43 Replies

Started by lance in General Shale Discussions. Last reply by Larry Wagenman 11 hours ago.

"Halcon's Back In Trumbull County!" 76 Replies

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

Utica Royalty - $1,000/Acre Per Month! 22 Replies

Started by Ed in General Shale Discussions. Last reply by dr j 16 hours ago.

Can you be in multiple drilling units? 6 Replies

Started by LMS in General Shale Discussions. Last reply by LMS 17 hours ago.

Monroe Co. Ohio; Lee TWP Leak at Stalder well site. 17 Replies

Started by searcherone in General Shale Discussions. Last reply by Philip Brutz 18 hours ago.

Well pad 2 Replies

Started by paul geiger in General Shale Discussions. Last reply by Philip Brutz 18 hours ago.

Land man wanting to buy land not minerals? 52 Replies

Started by Ellen VanDyne in General Shale Discussions. Last reply by Stephen Fox 19 hours ago.

has anyone had a lease expire and resign. 8 Replies

Started by jason irvine in General Shale Discussions. Last reply by Edwin 19 hours ago.

Talking points to rebut NY's shortsighted ban 8 Replies

Started by David Perotto in General Shale Discussions. Last reply by Dan Warner yesterday.

Blog Posts

Alternate Fracking and Wastewater Treatment Methods

 

In researching this subject, I discovered a January 16, 2011 article featured in OilOnLine which provides an interesting alternative to conventional fracking techniques.  Virginia based PDN Mountaineer, LLC announded that they have partnered with Utah based Purestream Technology in incorporating their Trilogy system to treat and purify wastewater from their Marcellus operations.  Purestream claims to be able to alleviate the environmental impact of hydraulic fracturing by…

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Posted by John H on November 17, 2014 at 3:36pm

Understanding the Basics of Ohio Geology



The Trenton Limestone:



The Trenton Limestone and accompanying Black River rocks are important in that they serve as the source for much or all hydrocarbon formation in the Appalachian basin. Generally speaking, the Trenton Limestone serves as a cap rock for the underlying Black River source rocks. Because it is not as thick here in Ohio, it has allowed hydrocarbons formed by the Black River group to migrate naturally into the Utica/Pt. Pleasant. To the East, in West Virginia…

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Posted by John H on July 22, 2014 at 1:17am

Low Ball

   Has Antero tried to low ball anyone by offering to pay royalties based on net production instead of gross production even though the contract clearly states that payment is to be made based on gross production

Posted by Todd Beem on November 20, 2014 at 11:53pm

Column: Saudi Arabia and New Mexico: oil price threat

Article cover image


Column: Saudi Arabia and New Mexico: oil price threa…

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Posted by Bob Perkins on November 20, 2014 at 6:32pm

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…

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

Events

Latest Activity

George Ballou shared Jim Litwinowicz's discussion on Facebook
1 hour ago
Bill Bergseid replied to Richard Yockel's discussion 'Lease not valid unless a notary is present?'
"Main legislative items needed in Ohio (found in most oil producing states):  a statute requiring royalty payments to start within so many months (usually around 4-6) for the first well on a lease and every so many days thereafter (usually…"
4 hours ago
LERRET replied to lance's discussion 'Have Drilling Plans Changed for American Energy Utica?'
":rof:  Suckersville.  I would drink poison first.  I believe the junk bonds funding him have pretty much collapsed. You can buy them for 30% discount, maybe more, as they had fell 19% by Mid-October...Lord only knows but that is $20…"
5 hours ago
LERRET replied to Richard Yockel's discussion 'Lease not valid unless a notary is present?'
"I would rather people actually READ and UNDERSTAND what they are signing rather than worry about how to kill a bad lease by trying to wiggle out of it....There are people who give good advise...use it."
5 hours ago
LERRET replied to Jim Litwinowicz's discussion 'The Many Ramifications of the Great Oil Plunge of 2014'
"I would invest in Chesapeake right after I bought stock in the Trans Cuban Airlines The only way CHK would make money would be to have Anadarko take them over and pay a premium.   It would be a worse purchase than Bank of America buying…"
5 hours ago
LERRET replied to Jim Litwinowicz's discussion 'The Many Ramifications of the Great Oil Plunge of 2014'
"The only problem is that OPEC has not increased their production. "
6 hours ago
LERRET replied to Jim Litwinowicz's discussion 'The Many Ramifications of the Great Oil Plunge of 2014'
"Spot on. This boom is a North American story. And the bubble (production bubble) does not exist outside this country. But the lack of demand from the U. S. is what is putting the pinch on OPEC members. No one else can pick up the slack. But shale…"
6 hours ago
LERRET replied to Jim Litwinowicz's discussion 'The Many Ramifications of the Great Oil Plunge of 2014'
"Who is "they"?  90% of the explorers do not own refineries, nor pipelines, nor do they have any other income source beyond the wellhead."
6 hours ago
LERRET replied to Jim Litwinowicz's discussion 'The Many Ramifications of the Great Oil Plunge of 2014'
"About 10% in the "WIN" days - that was under Pres. Ford.  It got to 18% in 1980 when I purchased a mudlogging unit and financed it for 3 years."
6 hours ago
Bill Bergseid replied to Richard Yockel's discussion 'Lease not valid unless a notary is present?'
"The law in most states is the same.  There are only two reasons for an acknowledgement (notarization).  It is required in almost all states in order to record the document with the county clerk or recorder.  It also saves some effort…"
6 hours ago
LERRET replied to Jim Litwinowicz's discussion 'The Many Ramifications of the Great Oil Plunge of 2014'
"Over the decades the airlines have consistently been one of the worst investments unless you were a really good day trader and nimble."
6 hours ago
Charles Randolph replied to Jack Straw's discussion 'An Unofficial Contest'
6 hours ago
Sage59 replied to Jack Straw's discussion 'An Unofficial Contest'
"This has to be the official theme song of the anti-fracing and anti-everything crowd. I have to tell you though, for years my wife thought that they were singing "There's a bathroom on the right". I will never not hear that when this…"
6 hours ago
deer spotter replied to Ron Hale's discussion 'Chesapeake Energy Faces Subpoena on Royalty Payment Practices'
"Jeff: Ask to see a gas analysis this will show a % of the carbons. If possible have a independent contractor run a second sample and compare results.Cost to run your on sample appox $300.00. However most producers will not agree to any of this, But…"
8 hours ago
Sage59 replied to Jack Straw's discussion 'An Unofficial Contest'
"This can't match the refinement or depth of "If I Were A Rich Man", but it has to describe how a few souls out there felt when they finally received their first long awaited royalty…"
8 hours ago
Ron Hale replied to Richard Yockel's discussion 'Lease not valid unless a notary is present?'
"Ray,     I would contest the lease if my wife signed and I hadn't signed. Leases like deed require joint signatures by both parties. If your well isn't producing then the lease terminates, it can't be held by production…"
8 hours ago

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