Forum

Well Terms 1 Reply

Started by Shawn Smith in General Shale Discussions. Last reply by James Foster 7 minutes ago.

thinking about selling mineral rights.. 6 Replies

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

Spacing, Interference, and (my term) "Crosstalk" 1 Reply

Started by Frank Walker in General Shale Discussions. Last reply by Robert Allingham 3 hours ago.

Jack's Picks VI 128 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Jack Straw 3 hours ago.

injection wells contaminate aquifers in California 2 Replies

Started by Paul Heckbert in General Shale Discussions. Last reply by Jesse Drang 4 hours ago.

Infield Horizontal Clinton Drainage Wells

Started by James Vanderink in General Shale Discussions 6 hours ago.

Halcon's shares are tanking

Started by Jesse Drang in General Shale Discussions 6 hours ago.

air emission issue's 14 Replies

Started by jason irvine in General Shale Discussions. Last reply by Philip Brutz 7 hours ago.

New definitions needed for condensate and gas liquids 1 Reply

Started by Philip Brutz in General Shale Discussions. Last reply by Ron Hale 18 hours ago.

I Said Tapan 4 Replies

Started by Bill Frost in General Shale Discussions. Last reply by Ron Hale 18 hours ago.

Enervest Clinton Horizontal Wells in Stark County 46 Replies

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

Tapan Lake Lease on Hold 8 Replies

Started by Jim Ruff in General Shale Discussions. Last reply by pinehill yesterday.

Blog Posts

Rice Energy Lease Bonus Payments

Hi - Received an offer from Rice Energy which shows 1/2 bonus paid in 75 days and balance paid one-year from signing. Does anyone know if Rice Energy is normally agreeable to other bonus payment schedules that would better benefit the landowner (like maybe 1/2 in 75 days + 1/2 in 3 months)? Am worried they would not pay the second installment when it comes due. Any advice on this is welcomed!

Posted by Suzy on September 19, 2014 at 3:44pm — 1 Comment

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…

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Posted by John H on June 8, 2014 at 4:30pm — 1 Comment

Events

October 28

Tuesday

Latest Activity

Tod added a discussion to the group Trumbull County, OH
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Renewed Leases in Trumbull County

  According to the Recorder's office, Chesapeake's primary term (5 years) recently expired on about 500 acres in the NE corner of Trumbull and they "extended the option to renew" the lease for an additional 5 years. See More
7 minutes ago
James Foster replied to Shawn Smith's discussion 'Well Terms'
"I think each company has their own convention on numbering of wells.  We are in a 10H well that is owned by Chesapeake.  They number them 1 through up to 12 that I have seen to date.  The 1H, 3H, 5H, 7H, 9H, 11H go in the Northwest…"
7 minutes ago
Mtneer replied to Zack Jameson's discussion 'Dominion Resources pipeline agreement from 1907 and they want to still use it!'
"This article serves as a reminder that any negotiation (i.e., contract) with an energy affiliated company needs to be understood from not only an immediate perspective but also long term.  The contracts a landowner signs today can and will…"
42 minutes ago
J.D posted a discussion

2 Big Magnum Hunter Announcements from 10-22-2014

Magnum Hunter has released initial test results of the 3 Marcellus and 1 Utica wells at the Stewart Winland pad in Tyler County W.V. Also an update on their newest credit facilities and refinancing of their previous credit facility. Great news for…See More
58 minutes ago
Shawn Smith posted a discussion

Well Terms

Hi,Generally I've noticed wells labelled 1H, 2H, up to 8H.   Just recently noticed 2 permitted wells off of one pad labeled 21H and 25H.   Why are these wells designated this way?  Is it referring to a specific strata?  Any insight would be very…See More
59 minutes ago
searcherone replied to DONNA M SELLERS's discussion 'thinking about selling mineral rights..'
"Donna,  I am reading a lot of mineral deed transfers over in neighboring Monroe County Ohio where landowners are selling 50% or 25%, even one for 33% of the mineral rights.  To me that is like eating some of the  cake and having some…"
1 hour ago
Anna Mauck-Member Services left a comment for Loran Coffman
"Welcome to GMS Loran! I sent you a message through the site's email system so I hope you've seen that. I'm here to help members so please let me know how I can help you make the most of your time on the site. Enjoy being here and…"
1 hour ago
Anna Mauck-Member Services left a comment for rose hunter
"Welcome to GMS Rose! I sent you a message through the site's email system so I hope you've seen that. I'm here to help members so please let me know how I can help you make the most of your time on the site. Enjoy being here and…"
1 hour ago
Anna Mauck-Member Services left a comment for John Andre
"Welcome to GMS John! I sent you a message through the site's email system so I hope you've seen that. I'm here to help members so please let me know how I can help you make the most of your time on the site. Enjoy being here and…"
1 hour ago
Landowner updated their profile
1 hour ago
DONNA M SELLERS is now friends with Wes and Keith Butcher
1 hour ago
DONNA M SELLERS replied to DONNA M SELLERS's discussion 'thinking about selling mineral rights..'
"Thank you    Jason..."
2 hours ago
Ron Hale replied to robert g. weaver's discussion 'House bill 1684 for our 12.5 guaranteed royalty in Pa., what happened to it?'
"Robert,        That brings to mind the Texas Judge that ruled that the word "Royalty" is undefined. That must only be in the oil and gas industry since all of our federal agencies are guarding the Movie…"
3 hours ago
G S Gass replied to G S Gass's discussion 'If your lease expired, then request a "Surrender of Lease"' in the group Tioga County, PA
"Due to leasing activity ramping up in Tioga and Potter Counties, I thought it would be appropriate to refresh this posting. It is crucial for landowners to request a surrender of any expired leases.   The original posting contains a generic…"
3 hours ago
Matthew Williams commented on BW's group 'Armstrong County, PA'
"Anyone know of any company buying mineral rights in the area? "
3 hours ago
G S Gass replied to G S Gass's discussion 'If your lease expired, then request a "Surrender of Lease"' in the group Potter County, PA
"Due to leasing activity ramping up in Tioga and Potter Counties, I thought it would be appropriate to refresh this posting. It is crucial for landowners to request a surrender of any expired leases.   The original posting contains a generic…"
3 hours ago
 
 
 

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