Forum

Artex offer 28 Replies

Started by Gary Castellini in General Shale Discussions. Last reply by Darren McCauley 44 minutes ago.

"Don't forget the Land Value" 37 Replies

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

Wellhead price VS market price 15 Replies

Started by Chip Snyder in General Shale Discussions. Last reply by bungalow_steve 1 hour ago.

Jack's Picks VI 49 Replies

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

Wetzel County EQT Deductions 17 Replies

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

Where Can I Find Geologist / Consultant 12 Replies

Started by Quincy Spitzer in General Shale Discussions. Last reply by Jeff Smith 2 hours ago.

How to get $ assessment for land & mineral rights 10 Replies

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

feel abandoned-- 41 Replies

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

American Energy Partners MidStream McClendon 11 Replies

Started by adam sorell in General Shale Discussions. Last reply by Brad Galbraith 5 hours ago.

JUST A QUESTION 3 Replies

Started by DONNA M SELLERS in General Shale Discussions. Last reply by DONNA M SELLERS 5 hours ago.

Land Man Search 3 Replies

Started by Drb Bummy in General Shale Discussions. Last reply by Zack Smith, Geologist/Appraiser 5 hours ago.

falling gas prices 1 Reply

Started by jason irvine in General Shale Discussions. Last reply by Brad Galbraith 7 hours ago.

Pugh clause or Pool all clause? 11 Replies

Started by shorty79 in General Shale Discussions. Last reply by mark 8 hours ago.

Park Foundation exposed yet again 1 Reply

Started by David Perotto in General Shale Discussions. Last reply by Barry Dyngel 16 hours ago.

Release of lien to sell mineral rights question.....plz explain 3 Replies

Started by Joe Shervinski in General Shale Discussions. Last reply by James Foster 16 hours ago.

"Independent Drillers Moving into Columbiana" 3 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Trapper 17 hours ago.

Eisenbarth well fire 11 Replies

Started by Den in General Shale Discussions. Last reply by searcherone 17 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

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. "
2 minutes 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."
43 minutes ago
Darren McCauley replied to Gary Castellini's discussion 'Artex offer'
"Yes some .. barrel a day maybe??????"
44 minutes ago
bungalow_steve replied to Ron Eiselstein's discussion '"Don't forget the Land Value"'
"Thats dexter, I guess if the pipeline is abandon and reclaimed, the surface usage returns to the current surface owner."
1 hour ago
Jay 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?'
"Sorry Dexter, but you're simply wrong about what the court held. Sue is simply mistaken – her boilerplate lease is a void ab initio no term lease.  Click here to read the entire --> Beck Trial Court Decision  The…"
1 hour ago
bungalow_steve replied to Chip Snyder's discussion 'Wellhead price VS market price'
"The equation is (using net back philosophy which courts support) Wellhead_Price = Market price - (Transportation_costs + processing  +market_enhancement) So for example $3 = $4  - (.2 + .6 + .2)   So do you want $3 or $4-.2 = $3.8"
1 hour ago
Dexter Green replied to Gary Castellini's discussion 'Artex offer'
"That's pretty reasonable, actually."
1 hour ago
Paul Martinelli replied to Ron Eiselstein's discussion '"Don't forget the Land Value"'
"Don't sell! Land always has value. If you do decide...PM  me....I know people"
1 hour ago
James Vanderink replied to Gary Castellini's discussion 'Artex offer'
"I'd hate to speculate Darren. That area has great Roserun/ Trempeleau history and arguably one of the best Clinton fields(Bremen) in the state. Is there anything left of the Roserun well at your fathers place?"
1 hour ago
James Vanderink replied to Gary Castellini's discussion 'Artex offer'
"Heard $300-$500/acre. I can't confirm that."
1 hour ago
Gwen S posted a discussion

Static or Rolling Look-Back Period with regards to the Ohio DMA?

If asked the question whether the DMA provides for a static or rolling look-back period, what would you answer? I see there is a split amongst district courts, but that a rolling look-back period seemed to be more favorable within the courts. Would…See More
2 hours ago
Hunter replied to Ron Eiselstein's discussion '"Don't forget the Land Value"'
"No but may be a seller in future"
2 hours ago
nc man is now friends with Dexter Green, Philip Brutz and TH
2 hours ago
Jack Straw replied to Jack Straw's discussion 'Jack's Picks VI'
"Source: http://mobile.reuters.com/article/idUSL4N0PZ0ZS20140724?irpc=932 Top News UPDATE 1-U.S. sells first condensate to Asia in at least 40 years - sources Thu, Jul 24 00:19 AM EDT * South Korea's GS Caltex, Japan's Cosmo Oil buy one…"
2 hours ago
Jim White replied to Marcus Huey's discussion 'Wetzel County EQT Deductions'
"Nancy A flat rate lease ceases to be such once an amendment is signed and a new well is drilled. I can't imagine EQT not putting in language about deductions. Without it, it seems that if they say 1/8, then they will have to pay 1/8. This is…"
2 hours ago
Dexter Green replied to Gary Castellini's discussion 'Artex offer'
"That's not an area where the Utica is going to be commercially viable.  Very, very low porosity, much larger molecules to move (oil is molecularly bigger than gas) very little pressure, etc.  Belden & Blake were drilling the Rose…"
2 hours ago
 
 
 

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