Forum

Wide Spread Leasing About to Commence in the Northern Utica 21 Replies

Started by Barry Dyngel in General Shale Discussions. Last reply by James Foster 9 seconds ago.

What's with all the wells popping up in northern Stark county ? 8 Replies

Started by Hunter 1 in General Shale Discussions. Last reply by Mike Murphy 15 minutes ago.

"Hitting Crude in the Utica Oil Window" 23 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Dexter Green 1 hour ago.

"Pittsburgh Airport/Richest in the World?" 22 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Ragnars Repo 2 hours ago.

"Rex and MarkWest in the Northern Utica" 2 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Barry Dyngel 3 hours ago.

why are we not pushing for more? 34 Replies

Started by jason irvine in General Shale Discussions. Last reply by Brian Werner 3 hours ago.

Rt. 208 Pipeline Project

Started by kim hovis in General Shale Discussions 3 hours ago.

Ethane Cracker - Salem OH 5 Replies

Started by pg guy in General Shale Discussions. Last reply by Paul Martinelli 4 hours ago.

Advice: can we be cut out of production area? 26 Replies

Started by Megan in General Shale Discussions. Last reply by rmc 6 hours ago.

Mercer/Lawrence Co., PA - Forced Pooling Back On? 2 Replies

Started by Jesse Drang in General Shale Discussions. Last reply by Joseph-Ohio 8 hours ago.

MARKWEST PROJECTS IN OHIO UTICA

Started by Mike Murphy in General Shale Discussions 11 hours ago.

Jack's Picks VI 83 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Jack Straw 12 hours ago.

"Refracking/our wells may live forever" 12 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Janice L. Hancharick 16 hours ago.

Good, Bad, Better Best Pugh Clauses??? 4 Replies

Started by al raptoria in General Shale Discussions. Last reply by Utica Watcher 17 hours ago.

lease extension 4 Replies

Started by John in General Shale Discussions. Last reply by Tioga G 19 hours ago.

Solar Energy Plant Kills Birds, Threatens Airline Pilots 12 Replies

Started by Mark McGrail in General Shale Discussions. Last reply by Appalachian 21 hours ago.

Big news; Rex buys Shell's holdings 36 Replies

Started by Jim Litwinowicz in General Shale Discussions. Last reply by Trapper yesterday.

old right a ways 11 Replies

Started by time will tell in General Shale Discussions. Last reply by time will tell yesterday.

Vertical well or fracking 7 Replies

Started by Dennis J in General Shale Discussions. Last reply by Dennis J yesterday.

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…

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

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…

Continue

Posted by John H on June 22, 2014 at 4:07pm — 4 Comments

Events

September 16

Tuesday

October 28

Tuesday

Latest Activity

James Foster replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"Curious how "wide spread leasing" could commence in "Northern Utica" (not sure exactly what that means  because the Utica runs from NE NY to SE OH and WV but I am assuming we are talking about Trumbull and Mahoning counties…"
9 seconds ago
Mike Murphy replied to Hunter 1's discussion 'What's with all the wells popping up in northern Stark county ?'
"there are not pools of oil in the clinton the sandstone formation has oil all thru it ....before fracking the formation is like cement they originally drilled clintons on 40 acre units and did not come close to recovering all the oil in a 40 acre…"
15 minutes ago
Craig Stull replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"Barry,  I know some would disagree with me but I believe people should start a land group !!"
31 minutes ago
Joseph-Ohio replied to Hunter 1's discussion 'What's with all the wells popping up in northern Stark county ?'
"Maybe it's actually a smart technique ? As I understand it the original Clinton Wells were recovering oil and gas from 'pools' within the strata. Maybe the entire sandstone formation is more like a sponge containing the resources.…"
56 minutes ago
Dexter Green replied to Hunter 1's discussion 'What's with all the wells popping up in northern Stark county ?'
"I wouldn't put it past Enervest to be dumb enough to drill expensive horizontal gas wells into a sandstone formation. "
1 hour ago
Dexter Green replied to Ron Eiselstein's discussion '"Hitting Crude in the Utica Oil Window"'
"Maybe next time try a headline that has at least some relation to the subject material.  That sort of goes a lot further than coming back four months later with "I told you so". "
1 hour ago
Ron Eiselstein replied to Ron Eiselstein's discussion '"Hitting Crude in the Utica Oil Window"'
"This is what is going on in stark co. I wrote months ago."
1 hour ago
pg guy replied to Hunter 1's discussion 'What's with all the wells popping up in northern Stark county ?'
"Yep, and maybe better yet in my estimation, based on productivity of original Clinton wells.  That said, SE Stark County was oilier, and maybe horizontal Clinton will work better in areas that are relativley gassier.  It will all be…"
1 hour ago
Dexter Green replied to Hunter 1's discussion 'What's with all the wells popping up in northern Stark county ?'
"SE Stark is part of the East Canton oil field.  I'd bet you'll see more activity there."
1 hour ago
Jesse Drang replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"Depends on the competition.  I think many landmen would like the lease to sell itself.  Their red meat is the difference between the actual and the maximum, which a few try to leverage with sharp dealing.  Not much unlike a used car…"
1 hour ago
Hunter 1 replied to Hunter 1's discussion 'What's with all the wells popping up in northern Stark county ?'
"Saw several oil tankers in and out of the pad sites , good sign . Will southeastern stark county be in the same Clinton oil play ?"
1 hour ago
Ragnars Repo replied to Ron Eiselstein's discussion '"Pittsburgh Airport/Richest in the World?"'
"In 2003 after emerging from bankruptcy USair wanted to renew a lease at PIT under their current rates. The county and Rendell wouldn't allow it which moved more of USair to philly. Good for Rendell and philthadelphia bad for PIT. At one point…"
2 hours ago
Barry Dyngel replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"Jesse, A great resource for landowners is the lease on the ODNR web site. It will be smoother if the landmen have learned their lesson and do not attempt to mislead, or bully landowners."
2 hours ago
Jesse Drang replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"I think landowners will be more savvy about the terms of the lease, such a Pugh clause, shut-in royalties, and deductions - that level of sophistication is hard won from the earlier, southern wave of leasing.  Just as the landmen move north,…"
2 hours ago
Barry Dyngel replied to Ron Eiselstein's discussion '"Pittsburgh Airport/Richest in the World?"'
"Jesse, I wish more government entities had the intelligence to lease government owned property. Yes, the funds will be used to service debt. This could be a good thing, debt has a way of coming back and biting you in the rear end if not managed…"
2 hours ago
Barry Dyngel replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"Jesse, Again I agree with your analysis. Word of mouth will be key to landowner success. The information for that word of mouth campaign could start here on GMS. From there people can work together in small groups, perhaps coordinating with others.…"
2 hours ago
 
 
 

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