Forum

pooling 4 Replies

Started by joe in General Shale Discussions. Last reply by Joseph-Ohio 14 minutes ago.

PIPELINE PARTNERS 1 Reply

Started by Mike Murphy in General Shale Discussions. Last reply by Barry D 16 minutes ago.

pad fee 19 Replies

Started by patrick in General Shale Discussions. Last reply by James Foster 55 minutes ago.

Hartz well? 2 Replies

Started by Kathleen in General Shale Discussions. Last reply by James Foster 1 hour ago.

Chevron mailing address 7 Replies

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

Drilling in Greene County 1 Reply

Started by James Foster in General Shale Discussions. Last reply by jason irvine 5 hours ago.

Linked In Shale Gas Production Decine Study Discussion 4 Replies

Started by Brian Powers in General Shale Discussions. Last reply by Philip Brutz 6 hours ago.

New York Times: Do NOT blame fracking!! 8 Replies

Started by Frank Walker in General Shale Discussions. Last reply by Barry D 6 hours ago.

Cabot well in Wood County WV 1 Reply

Started by michael alexander in General Shale Discussions. Last reply by Craig Thomas 8 hours ago.

When will it come to North Belmont Co. 6 Replies

Started by Rob Hemmis in General Shale Discussions. Last reply by Thomas Malcolm Pendergast 9 hours ago.

"Hilcorp Earthquake wells Kicking Butt in the Northern Utica" 47 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Jay 9 hours ago.

gas propduction in gas storage feild 14 Replies

Started by Jim Maxwell in General Shale Discussions. Last reply by dr j 9 hours ago.

New Potter County Wet Gas Facility !! 3 Replies

Started by Charles Randolph in General Shale Discussions. Last reply by Charles Randolph 10 hours ago.

Selling Land and/or mineral rights etc. 6 Replies

Started by Kenneth W Sundermeier in General Shale Discussions. Last reply by Ron Hale 10 hours ago.

New Player? 12 Replies

Started by James Vanderink in General Shale Discussions. Last reply by Ron Webb 11 hours ago.

Local Mover & Shaker Not Waiting for Shell or Seneca 2 Replies

Started by Charles Randolph in General Shale Discussions. Last reply by Charles Randolph 11 hours ago.

Information On Fineran Well 10 Replies

Started by AP Wea in General Shale Discussions. Last reply by Jan 14 hours ago.

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

Events

September 16

Tuesday

September 18

Thursday

October 28

Tuesday

Latest Activity

Joseph-Ohio replied to joe's discussion 'pooling'
"Was writing in terms of a 'drilling unit' not a 'production unit' myself. As I understand it, payout would be based on your 'acreage prorated share' of any 'drilling unit' within your land; and you could have…"
14 minutes ago
Barry D replied to Mike Murphy's discussion 'PIPELINE PARTNERS'
"Just more evidence of the economic impact of shale development."
16 minutes ago
James Foster replied to joe's discussion 'pooling'
"This depends on how the unit is put together. For example our production unit is 640 acres and there will be three wells total. This is in OH and right now that is about all you can get in a typical unit here. There are exceptions. The well under us…"
42 minutes ago
Buz replied to joe's discussion 'pooling'
"I think every one shares what drill in that unit. We have six Clinton well in are unit we all share according how many acres you have but that's the old leases. So i am not sure how it works now. Would depend on your lease I would guess?"
48 minutes ago
Joseph-Ohio replied to joe's discussion 'pooling'
"Every 'hole' as I understand it is representative of an individual 'Unit'."
48 minutes ago
James Foster replied to patrick's discussion 'pad fee'
"Seven to eight acres near us. You could still hunt up to the fence."
55 minutes ago
joe posted a discussion

pooling

if you are part of a unit that has 5 holes do you get royalties from all 5 or just the ones that go under your land, maybe a stupid question but I don't knowSee More
1 hour ago
paleface replied to george m vietze's discussion 'Reasons why the U.S. dollar may lose its "Reserve Currency Status!!! Sooner rather than later....'
" We need another Ronald Reagan. God Bless him."
1 hour ago
James Foster replied to Kathleen's discussion 'Hartz well?'
"If you look at second quarter production and if you are familiar with the Teagarden Pipeline you will notice that only Jan Paul, Roy D, and Mrugala have production in that quarter. The last leg if the pipeline which included Mueller, Riffle, Weaver,…"
1 hour ago
Mary replied to Mary's discussion 'Chevron mailing address'
"Hi Teresa, we are located in Sewickley Township, Westmoreland County (just outside of Irwin). They are currently drilling 19 horizontal wells (or have been drilled) in our area. Wishing you the best of luck!  Mary"
2 hours ago
Mike Murphy posted a discussion

PIPELINE PARTNERS

Duke Energy Corp. (DUK), the largest U.S. utility owner, announced a $5 billion pipeline on Sept. 2 that would bring gas from West Virginia (FWV) to customers in North Carolina. Other investors are Dominion Resources Inc., which will build the…See More
2 hours ago
Teresa Kline replied to Mary's discussion 'Chevron mailing address'
"Mary do you mind if I ask what township or city your located in? we are near cook and Ligonier townships and are starved for ant information where companies are leasing or have leased Thanks"
2 hours ago
Rich replied to Trapper's discussion 'Lawrence County 2014' in the group Lawrence County, PA
"KAR hey, I agree that any buisness has to make money. Or it's just not good buisness! But as a buisness owner my minimum profit to justify the investment is 30%. These are the same standards by which the O&G co. Conduct buisness. With that…"
4 hours ago
dr j replied to Kathleen's discussion 'Hartz well?'
"I think there is litigation regarding the unit on that one.   Not sure where it stands. "
4 hours ago
Trapper replied to Trapper's discussion 'Lawrence County 2014' in the group Lawrence County, PA
"That's OK , if the price of doing business gets too high in north or little beaver , there are hundreds if not thousands of contiguous acres in new beaver borough now leased by Rex that they can drill away on! I just happen to have a beautiful…"
4 hours ago
george m vietze replied to george m vietze's discussion 'Reasons why the U.S. dollar may lose its "Reserve Currency Status!!! Sooner rather than later....'
"It seems to be Frank that you figured it out, the next reply told me not to worry the economy is good, don't worry......Mary Antonette just lay your head on this block and everything will be fine? I am not an alarmist but my accounting…"
4 hours ago
 
 
 

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