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Artex offer 29 Replies

Started by Gary Castellini in General Shale Discussions. Last reply by Gary Castellini 1 minute ago.

"Independent Drillers Moving into Columbiana" 35 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by David Perotto 38 minutes ago.

Royalty amount decline! 61 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Zack Jameson 1 hour ago.

Where Can I Find Geologist / Consultant 21 Replies

Started by Quincy Spitzer in General Shale Discussions. Last reply by John B Gustavson 1 hour ago.

Royalty $ per acre 4 Replies

Started by John in General Shale Discussions. Last reply by Al Cramblett 2 hours ago.

Is Forced Pooling being used to get around old gas lease limitations? 13 Replies

Started by Philip Brutz in General Shale Discussions. Last reply by Joseph-Ohio 4 hours ago.

Jack's Picks VI 53 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Jack Straw 5 hours ago.

"Hilcorp 47 wells/Northern Utica this year" 7 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Ron Eiselstein 5 hours ago.

"The Utica is so Valuable they surround it with Lies" 15 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Ron Eiselstein 5 hours ago.

Halcon 3 Replies

Started by Mark McGrail in General Shale Discussions. Last reply by Barry Dyngel 6 hours ago.

Trebilcock Well 6 Replies

Started by CraneMAN_69 in General Shale Discussions. Last reply by Philip Brutz 9 hours ago.

Premier Production Management, LLC

Started by Al Cramblett in General Shale Discussions 9 hours ago.

Utica Fastest Growing Shale Play 8 Replies

Started by Jim Litwinowicz in General Shale Discussions. Last reply by James Vanderink 9 hours ago.

Owner decimal interests 2 Replies

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

dry gas/wet gas 3 Replies

Started by Katie in General Shale Discussions. Last reply by JK 11 hours ago.

Independent Drillers Moving into Columbiana 4 Replies

Started by Hopeful Person in General Shale Discussions. Last reply by Hopeful Person 20 hours ago.

Freeland Unit in Tyler 3 Replies

Started by Jim White in General Shale Discussions. Last reply by Nancy Mosley 22 hours ago.

State Forest Land

Started by beth hamm in General Shale Discussions 23 hours ago.

"Columbiana Gearing Up for Massive Drilling" 7 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Joseph-Ohio yesterday.

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

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Tuesday

Latest Activity

Gary Castellini replied to Gary Castellini's discussion 'Artex offer'
"Sorry all, just had a chance to get back on. Great info on this site. Thank you again. Dexter/James, any possibility the roserun/ beekmantown is a future horizontal drilling target. I see some majors are drilling the Clinton horizontally which is a…"
1 minute ago
Ruby posted a discussion

Helicopter Action - Delmar Township

Anyone else observe some helicopter action recently?   Could these be gas related?  There are some active wells on a nearby property.   My husband id'd helicopters as Apaches -- several on Tuesday and then another on Wednesday.   We're located in…See More
17 minutes ago
David Perotto replied to Ron Eiselstein's discussion '"Independent Drillers Moving into Columbiana"'
"Spoke to a CHK employee today. Bottom line is that he reaffirms the fact that: With today's technology, the drilling up North is not as economical as the south. Simple fact of highest possible well profit comes from the south and it is indeed…"
38 minutes ago
Zack Jameson replied to Zack Jameson's discussion 'Royalty amount decline!'
"I've never checked into it. You probably know what that entails. I figured it's all due to the price of gas decreasing."
1 hour ago
rmc replied to Zack Jameson's discussion 'Royalty amount decline!'
"Hey Zack ever any explanation from them as why?"
1 hour ago
John B Gustavson replied to Quincy Spitzer's discussion 'Where Can I Find Geologist / Consultant'
"Thanks for the accolades, Al. When it comes to estimating decline forecasts and appraise properties in Tioga County, I always link up with Tim Knobloch, president of James Knobloch Petroleum Consultants, Inc., 2163B State Route…"
1 hour ago
Zack Jameson replied to Zack Jameson's discussion 'Royalty amount decline!'
"I just received my latest royalty checks from CNX and Noble. The amount has dropped almost $3000 from my total last month. I'll report next month too."
2 hours ago
Sparky replied to Sparky's discussion 'Skytruth Alert that CHK is Plugging Hancock Well' in the group Hancock County, WV
"Good information. Thanks, Todd. I guess we'll wait and see."
2 hours ago
Al Cramblett replied to John's discussion 'Royalty $ per acre'
"John, Please go to the Harrison County, Ohio webpage to get the detail you're seeking."
2 hours ago
John replied to John's discussion 'Royalty $ per acre'
"and how many wells is that for?"
3 hours ago
John replied to John's discussion 'Royalty $ per acre'
"thanks for info! so that is per month correct? How long have you been receiving checks?"
4 hours ago
Al Cramblett replied to John's discussion 'Royalty $ per acre'
"Harrison County, Ohio: $25.30 per acre per percent of loyalty. If I were to be so fortunate as to have a 20% royalty, by royalty check would be $506 per acre."
4 hours ago
John posted a discussion

Royalty $ per acre

I know it varies greatly, but Anyone already receiving checks have any insight on per acre per % royalty #s? Leased with 20 %.Thanks!See More
4 hours ago
Joseph-Ohio replied to Philip Brutz's discussion 'Is Forced Pooling being used to get around old gas lease limitations?'
"Dexter, Don't be a crowd pleaser unless it's the right thing to do ! Thanks. J-O"
4 hours ago
A C S updated their profile
4 hours ago
Ron Eiselstein replied to Ron Eiselstein's discussion '"Independent Drillers Moving into Columbiana"'
"Doc, I'm now beginning to believe that the northern utica is the sweet spot. Why else would the industry go out of the way to keep positive info from the community."
5 hours ago
 
 
 

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