Forum

How to get $ assessment for land & mineral rights 11 Replies

Started by Lee Ann in General Shale Discussions. Last reply by RAYMOND bAUMAN 1 hour ago.

JUST A QUESTION 4 Replies

Started by DONNA M SELLERS in General Shale Discussions. Last reply by Ron Hale 1 hour ago.

Wetzel County EQT Deductions 18 Replies

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

Wellhead price VS market price 16 Replies

Started by Chip Snyder in General Shale Discussions. Last reply by Zack Smith, Geologist/Appraiser 3 hours ago.

Artex offer 28 Replies

Started by Gary Castellini in General Shale Discussions. Last reply by Darren McCauley 6 hours ago.

"Don't forget the Land Value" 37 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by bungalow_steve 6 hours ago.

Jack's Picks VI 49 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Jack Straw 8 hours ago.

Where Can I Find Geologist / Consultant 12 Replies

Started by Quincy Spitzer in General Shale Discussions. Last reply by Jeff Smith 8 hours ago.

feel abandoned-- 41 Replies

Started by nc man in General Shale Discussions. Last reply by nc man 10 hours ago.

American Energy Partners MidStream McClendon 11 Replies

Started by adam sorell in General Shale Discussions. Last reply by Brad Galbraith 10 hours ago.

Land Man Search 3 Replies

Started by Drb Bummy in General Shale Discussions. Last reply by Zack Smith, Geologist/Appraiser 11 hours ago.

falling gas prices 1 Reply

Started by jason irvine in General Shale Discussions. Last reply by Brad Galbraith 12 hours ago.

Pugh clause or Pool all clause? 11 Replies

Started by shorty79 in General Shale Discussions. Last reply by mark 14 hours ago.

Park Foundation exposed yet again 1 Reply

Started by David Perotto in General Shale Discussions. Last reply by Barry Dyngel 21 hours ago.

Blog Posts

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

Why the Pt. Pleasant is Key to Utica Production

 

The Point Pleasant formation has been described as marking the end of Middle Ordovician time.  The Ordovician Period is characterized as the greatest submergence of the North American plate because shallow seas covered such an extensive area, including all of Ohio.  In this environment, the Acadian mountain-building event occurred whereby sediments high in kerogen were shed from the highlands into a somewhat enclosed basin,…

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Posted by John H on April 1, 2014 at 7:30pm — 2 Comments

Events

September 16

Tuesday

October 28

Tuesday

Latest Activity

Giacomo commented on Dave's group 'Crawford County, PA'
"How many acres do you want to buy Gary at that price  - I have 50+."
24 minutes ago
craig replied to craig's discussion 'McDanel and CTG well activity' in the group Beaver County, PA
"I just took a ride around and find that no dirt has been moved yet for the gathering lines for these two wells. However the few spots of trees that are in the ROW for the gathering line are being cut and cleared as I type. Porta-Johns were moved…"
54 minutes ago
RAYMOND bAUMAN replied to RF's discussion 'Compensation for plugging an abandonned gas well on my property'
" the compensation to expect is damage to growing crops and timber cut to plug the well. you will need a Timber appraisal, contact your county extension agent. Two make sure that the pluggers will carry off all produced fluids and  waxes…"
1 hour ago
RAYMOND bAUMAN replied to Lee Ann's discussion 'How to get $ assessment for land & mineral rights'
"He is wrong here especially for the new well Utica and Marcellus  the Initial production may be large but the value is in the income stream, only toward the middle of a wells life does the value substantially  decline.  Also as the…"
1 hour ago
Ron Hale replied to DONNA M SELLERS's discussion 'JUST A QUESTION'
"Donna,      Congratulations on being sold to Rice Energy. You may have avoided being completely disappointed by the first royalty check from CHK when you found out they took the Natural Gas Liquids and you had to pay them. The…"
1 hour ago
Marcus Huey replied to Marcus Huey's discussion 'Wetzel County EQT Deductions'
"We just got off the phone from another conversation with EQT.  The EQT rep stated "because the 1901 lease does not say that we can not take deductions, then we are interpreting the lease to mean that we can take deductions". The 1979…"
2 hours ago
searcherone posted a discussion
3 hours ago
williet57 posted a discussion

what does REVISE on the permit mean when it replaces drilled?

When the permit  says it was drilled and now changed to Revise what does this mean?See More
3 hours ago
Zack Smith, Geologist/Appraiser replied to Chip Snyder's discussion 'Wellhead price VS market price'
"That language parallels some of the stronger leases negotiated by landowner coalitions and should effectively shield you from all expense deductions. The Boyle's Law language is taken from American Petroleum Institute standards and should be…"
3 hours ago
Finnbear replied to jerry lee nichols's discussion 'Question' in the group Monroe County, OH
"Definitely do NOT delay. If an affidavit of abandonment was filed on dormant minerals you may own, you ONLY have 30 days to answer it."
3 hours ago
Paul Martinelli and Mike Beun are now friends
4 hours ago
Olive Sue replied to Jay's discussion 'Beck Energy v. Hupp Hearing Today (7/23/14) @ 11:15 am in Youngstown! Anyone on GMS Going to Support Landowners?'
"What does "one of those people" mean?  Have I missed something? Re:  The Beck lease,  I have always wondered why article 18 was needed in the lease if it was forever.  Jay the last question is for you. "
4 hours ago
Booger replied to Jill's discussion 'Franklin Township' in the group Harrison County, OH
"yes there is a bunch of producing shallow wells.........but also half of tappan lake is in the twp which is not leased yet but should be by the end of the year......... and yes the NW part of the twp is across the oil line.........but most of…"
5 hours ago
Dave commented on Dave's group 'Crawford County, PA'
"would you like to purchase some land for $3900/acre gary smith?"
5 hours ago
Dexter Green replied to Jay's discussion 'Beck Energy v. Hupp Hearing Today (7/23/14) @ 11:15 am in Youngstown! Anyone on GMS Going to Support Landowners?'
"You're one of those people. "
5 hours ago
Mark McGrail replied to Jay's discussion 'Beck Energy v. Hupp Hearing Today (7/23/14) @ 11:15 am in Youngstown! Anyone on GMS Going to Support Landowners?'
"Jay, Thanks for posting the decision."
6 hours ago
 
 
 

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