Forum

AEP royalties are a disaster 52 Replies

Started by WATCHER in General Shale Discussions. Last reply by john 12 minutes ago.

option to extend lease with gas company 26 Replies

Started by kit in General Shale Discussions. Last reply by Janice L. Hancharick 16 minutes ago.

Rover Pipeline files against Landowner in Monroe Co. Ohio 38 Replies

Started by searcherone in General Shale Discussions. Last reply by Zack Jameson 32 minutes ago.

ShaleBiz.com: Promote your Minerals, Business & Events with a free listing 2 Replies

Started by Keith Mauck (Site Publisher) in General Shale Discussions. Last reply by Keith Mauck (Site Publisher) 1 hour ago.

Does anyone have any tips for buying an oil/gas lease? 16 Replies

Started by Kim S. in General Shale Discussions. Last reply by Jack Young 1 hour ago.

HELP- new renewal Range Resource lease offered 41 Replies

Started by Terri Betts in General Shale Discussions. Last reply by mark 2 hours ago.

$14,500.00 an acre 50 Replies

Started by rmc in General Shale Discussions. Last reply by rmc 4 hours ago.

Barto / Kahrig wells

Started by joe in General Shale Discussions 13 hours ago.

What are they looking for with seismic testing in Eastern Ohio 33 Replies

Started by David Allen Lilly in General Shale Discussions. Last reply by Craig Cooper 18 hours ago.

Need to know who your morgage is held by when you have a gaslease? 4 Replies

Started by Glenda Klempay in General Shale Discussions. Last reply by Glenda Klempay 19 hours ago.

Shooting at well site 10 Replies

Started by D L T in General Shale Discussions. Last reply by Gas Boy 19 hours ago.

Selling mineral rights 3 Replies

Started by Alm in General Shale Discussions. Last reply by truman yesterday.

Sardis District

Started by Larry K. O'Dell in General Shale Discussions yesterday.

Utica boom bust / blew? 22 Replies

Started by Shon Lenzo in General Shale Discussions. Last reply by Shon Lenzo yesterday.

looking for diff attorny 10 Replies

Started by kit in General Shale Discussions. Last reply by RJMB on Saturday.

What is ‘Nuisance Oil’? 30 Replies

Started by Philip Brutz in General Shale Discussions. Last reply by Shon Lenzo on Saturday.

Blog Posts

More Southern Iraq Oil is Starting to Hit the Markets

For the last 10 years, the oil industry in Iraq has been under intense pressure from jihadist insurgents and many leading oil producers were force to pull out of the region because of fears of safety for their workers, and the locals that lived in the areas according to Energy in Asia.

However, things have begun to change in the South of Iraq, especially in the oil-rich fields of North Rumaila which,…

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Posted by Oil & Gas News on February 4, 2015 at 11:35am

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 — 1 Comment

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 — 3 Comments

Events

Latest Activity

john replied to WATCHER's discussion 'AEP royalties are a disaster'
"I looked up DEPLETION on the IRS website, and it stated two conditions for being able to take the depletion allowance.  Its not a slam dunk. One of the conditions is the land had to be a capital purchase (does this rule out not being able to…"
12 minutes ago
Janice L. Hancharick replied to kit's discussion 'option to extend lease with gas company'
"Just one other idea about the fine print in your lease.  Do you see the word "INTENT" anywhere?  Intent is a slippery slope in any document.  It's difficult to prove what the other party's intent is if specifics…"
16 minutes ago
Zack Jameson replied to searcherone's discussion 'Rover Pipeline files against Landowner in Monroe Co. Ohio'
"Joe Bezel, I share your views completely. These companies want to run their pipelines where ever they please and some properties can be completely overtaken if the land lies within a popular route. My land is like that. I have pipelines from from 2…"
32 minutes ago
Sherre Boyanowski replied to WATCHER's discussion 'AEP royalties are a disaster'
"Matthew, What wells are you in that you are waiting for DOs?"
49 minutes ago
RJMB replied to searcherone's discussion 'Rover Pipeline files against Landowner in Monroe Co. Ohio'
"If these land grabs were just, then one would find an equitable distribution of these proceedings affecting the proponents as much as the targets. Not the case..."
1 hour ago
RJMB replied to searcherone's discussion 'Rover Pipeline files against Landowner in Monroe Co. Ohio'
"Why do you hate America so much?"
1 hour ago
john replied to WATCHER's discussion 'AEP royalties are a disaster'
"the W9 forms we got for 2014 listed the gross amount. Very important to keep a record of the stubs which include the deductions/expenses so when filling the tax report on the Form E, your account nets it out,. and there is such as thing as depletion…"
1 hour ago
john replied to WATCHER's discussion 'AEP royalties are a disaster'
"AEP = McClendon as founder "
1 hour ago
Lynn mudder replied to Zoner's discussion 'Has anyone got paid on there Tughill Utica only lease in SW Greene County PA'
"Good for you rmc. We are also in Greene county. We were paid for our first 5 yr lease in 2008, it lapsed, then last year we were paid to lease again with another company. We also separated our Utica, it is still ours to lease in the future if we…"
1 hour ago
Jack Young replied to Kim S.'s discussion 'Does anyone have any tips for buying an oil/gas lease?'
"When oil prices are high there's a market for used rods and tubing and you can sell good used equipment. Right now the market is poor, however, and there's no reason to believe the stuff in these holes is anything other than junk. You…"
1 hour ago
Paul Butler left a comment for Joseph-Ohio
"Joseph: Good morning from Houston, TX. I am gun shy of social media.  I'm not even on Facebook.  Notwithstanding that, I appreciate your interest in what I have to say and I've always enjoyed your comments.  I joined GMS…"
1 hour ago
Finnbear replied to Kim S.'s discussion 'Does anyone have any tips for buying an oil/gas lease?'
"Pump jacks can run as long as there is liquid to pump. Their duty cycle and stroke speed is largely dependent on the reservoir they are pumping. As long as there is oil in the bottom of the hole every time the pump strokes down, the jack can keep…"
1 hour ago
Paul Butler and Joseph-Ohio are now friends
2 hours ago
Philip Brutz replied to Philip Brutz's discussion 'American Energy-Utica settles (without Aubrey McClendon’s blessing) with Chesapeake Energy for up to $25M'
"You are correct, but it did have a quote from Aubrey that was not in the other articles:  "apparently chose to settle with Chesapeake before any discovery was taken, evidently for the business purpose of mitigating further damage that…"
2 hours ago
Joseph-Ohio replied to RITA KERR's discussion 'Lawsuits in Ohio and Supreme Court of Ohio regarding Mineral Rights Holders'
"BTW Mr. Butler, I see no 'Friends' at all listed on your 'Profile' page here on GMS. On that basis I sense no offense on your behalf and knno there is none on mine.I see you remain unresponsive to my 'friend request'…"
2 hours ago
mark replied to Terri Betts's discussion 'HELP- new renewal Range Resource lease offered'
"mornin folks  tim tarr is right no surface is the way to go that "pesky" granting clause in the oil and gas lease can give them leverage (surface lease) can let them get there foot in the door and they could use it as leverage if they…"
2 hours ago
 
 
 

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