Forum

"Hilcorp Earthquake wells Kicking Butt in the Northern Utica" 130 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Joseph-Ohio 45 minutes ago.

Law Suits and CHK 39 Replies

Started by daniel cohen in General Shale Discussions. Last reply by daniel cohen 1 hour ago.

PA House Bill 1684 continues to languish ........ 2 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Jesse Drang 1 hour ago.

Prices on road right a ways to well pad in Ohio 3 Replies

Started by time will tell in General Shale Discussions. Last reply by time will tell 1 hour ago.

production tubing

Started by ray gallagher in General Shale Discussions 2 hours ago.

Meet the Newbies! 14 Replies

Started by Anna Mauck-Member Services in General Shale Discussions. Last reply by Keith Mauck (Site Publisher) 13 hours ago.

Jack's Picks VI 114 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Nancy 13 hours ago.

Who's Leasing In Venango? 3 Replies

Started by drill0317 in General Shale Discussions. Last reply by james 13 hours ago.

Big news; Rex buys Shell's holdings 52 Replies

Started by Jim Litwinowicz in General Shale Discussions. Last reply by Nancy 13 hours ago.

New Player? 18 Replies

Started by James Vanderink in General Shale Discussions. Last reply by Thomas Moss 15 hours ago.

PA gubernatorial candidate Wolf throws portions of NEPA under bus 5 Replies

Started by Frank Walker in General Shale Discussions. Last reply by Ragnars Repo yesterday.

pipeline 3 Replies

Started by Raymond Jenkins in General Shale Discussions. Last reply by jason irvine yesterday.

SWEET SPOT 21 Replies

Started by bo boboski in General Shale Discussions. Last reply by Donald yesterday.

gastar well in wv 13 Replies

Started by jason irvine in General Shale Discussions. Last reply by Nancy Mosley 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…

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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

Events

October 28

Tuesday

Latest Activity

Brad Wiley replied to Trapper's discussion 'Lawrence County 2014' in the group Lawrence County, PA
"Just got our REX notification in the mail.....I will be interested when our lease expires in less than 2 years if they try to low ball us on re signing."
42 minutes ago
william connor posted a discussion

Lidar survey

We were told that a Lidar survey would take place on our Harrison County property before the actual drilling of a pad.  Would someone explain what we can expect with this procedure.  L.C.See More
42 minutes ago
Joseph-Ohio replied to Ron Eiselstein's discussion '"Hilcorp Earthquake wells Kicking Butt in the Northern Utica"'
"Heresy - right in your wheelhouse - you old heretic !"
45 minutes ago
daniel cohen replied to daniel cohen's discussion 'Law Suits and CHK'
"Nice point Jim.Perhaps as we get further along with this we'll be able to implement your suggestion. Dan"
1 hour ago
Jesse Drang replied to Jack Straw's discussion 'PA House Bill 1684 continues to languish ........'
"It is dead. They are not taking it up in the next two weeks nor is the General Assembly convening again this year - no lame duck for its outgoing Gov. January starts a new legislative session and all prior bills die and will have to be…"
1 hour ago
daniel cohen replied to daniel cohen's discussion 'Law Suits and CHK'
"Agreed that there is a risk to the reader that may lead to false impressions. A point well taken. It would then be up to those of us who are reading carefully to be vigilant and to point out the misimpressions as best we can. Dan"
1 hour ago
Barry D replied to Ron Eiselstein's discussion '"Hilcorp Earthquake wells Kicking Butt in the Northern Utica"'
"Mike, I agree, there is no massive leasing program on the horizon. As I stated before, Hilcorp and CHK will develop drilling units along the pipeline to Kennsington. There may be some action from opportunists to pick up mineral rights on the cheap.…"
1 hour ago
time will tell replied to time will tell's discussion 'Prices on road right a ways to well pad in Ohio'
"no pipeline just access to well location ."
1 hour ago
bo boboski replied to time will tell's discussion 'Prices on road right a ways to well pad in Ohio'
"You have a point. They could use part of that 25' to install a pipeline that would be worth twice that."
1 hour ago
Jesse Drang replied to time will tell's discussion 'Prices on road right a ways to well pad in Ohio'
"Not enough information in your post to even hazard a guess."
1 hour ago
Jesse Drang replied to Werner Kostendt's discussion 'Impact of Fracking on Real Estate Value, Mineral Rights, and Ad Valorem Taxes'
"There have been anecdotal stories on this site about residential lenders being wary of using property encumbered by an O&G lease as security. Likewise, when the rights are severed and retained or sold. In your hypothetical, my opinion is that…"
1 hour ago
time will tell posted a discussion

Prices on road right a ways to well pad in Ohio

Have some friends that have been approached by drilling company that wants to put in a 25 ft road by 400 ft to access a well pad location . They were offered only 5000.00 dollars .That to me sounds really cheap .This I have not dealt with personally…See More
1 hour ago
Mike Murphy replied to Ron Eiselstein's discussion '"Hilcorp Earthquake wells Kicking Butt in the Northern Utica"'
"In a true business sense the Hilcorp wells at the landfill are dudes and Hilcorp knows it ........if they were so good Hilcorp would be getting more permits and drilling more wells outside the earthQuake zone  .......and all the oil and gas…"
1 hour ago
Jesse Drang replied to daniel cohen's discussion 'Law Suits and CHK'
"I agree that we need to see the winners and losers, but I seriously doubt we are going to get this objective information - see my previous comment. Instead, we are going to get a landslide of "winners" that will leave readers with a false…"
1 hour ago
wyalusing jim replied to daniel cohen's discussion 'Law Suits and CHK'
"in addition to listing all of the lawsuits against chk, I think that it'd be helpful and informative to separate the successful from the unsuccessful ones to get a better idea of how one would fair if contemplating such actions. chk has lawyers…"
2 hours ago
ray gallagher posted a discussion

production tubing

Is .production tubing sitting on a packer or is it hanging on the top of the casing. R.G.See More
2 hours ago
 
 
 

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