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Law Suits and CHK 38 Replies

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

"Hilcorp Earthquake wells Kicking Butt in the Northern Utica" 129 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Barry D 4 minutes 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 19 minutes ago.

Impact of Fracking on Real Estate Value, Mineral Rights, and Ad Valorem Taxes 6 Replies

Started by Werner Kostendt in General Shale Discussions. Last reply by Jesse Drang 29 minutes ago.

production tubing

Started by ray gallagher in General Shale Discussions 52 minutes ago.

PA House Bill 1684 continues to languish ........ 1 Reply

Started by Jack Straw in General Shale Discussions. Last reply by Frank Walker 52 minutes ago.

Meet the Newbies! 14 Replies

Started by Anna Mauck-Member Services in General Shale Discussions. Last reply by Keith Mauck (Site Publisher) 11 hours ago.

Jack's Picks VI 114 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Nancy 12 hours ago.

Who's Leasing In Venango? 3 Replies

Started by drill0317 in General Shale Discussions. Last reply by james 12 hours ago.

Big news; Rex buys Shell's holdings 52 Replies

Started by Jim Litwinowicz in General Shale Discussions. Last reply by Nancy 12 hours ago.

New Player? 18 Replies

Started by James Vanderink in General Shale Discussions. Last reply by Thomas Moss 13 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…

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

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

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.…"
4 minutes 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 ."
19 minutes 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."
20 minutes 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."
22 minutes 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…"
29 minutes 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
29 minutes 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…"
37 minutes 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…"
40 minutes 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…"
48 minutes 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
52 minutes ago
jason irvine replied to Werner Kostendt's discussion 'Impact of Fracking on Real Estate Value, Mineral Rights, and Ad Valorem Taxes'
"I think the value below has gone up and the surface has gone down. The majority of people seem to move here for rest quite clean air very rural areas etc.... most of which has changes and some impacts have yet to be discovered or determined. I think…"
53 minutes ago
Barry D replied to Ron Eiselstein's discussion '"Hilcorp Earthquake wells Kicking Butt in the Northern Utica"'
"jason, Gushers indeed! Because of sites such as GMS (and other resources) landowners can now take an educated part in the decisions about the development of the resources lying beneath their property. Plus, new outlets for the products produced from…"
57 minutes ago
jason irvine replied to Ron Eiselstein's discussion '"Hilcorp Earthquake wells Kicking Butt in the Northern Utica"'
"With gas reserves low and a cool summer I believe gas prices are low. I think there will be a increase by November and with demand increasing in the world daily I feel it will rise and stay. This should make most wellbs very economical every were in…"
1 hour ago
daniel cohen replied to daniel cohen's discussion 'Law Suits and CHK'
"Jesse, your comments puzzle me. We can agree that the information we gather will be neither comprehensive nor fully objective, but by the same token of use and valuable to those to whom it applies along with others who may be seeing it for the first…"
1 hour ago
Barry D replied to Werner Kostendt's discussion 'Impact of Fracking on Real Estate Value, Mineral Rights, and Ad Valorem Taxes'
"bo, I am sure that county Auditors and Treasurers would love to come with a formula to tax undeveloped oil and gas; I think you are correct that it would open a legal; can of worms."
1 hour ago
daniel cohen replied to daniel cohen's discussion 'Law Suits and CHK'
"Excellent listing Ron-thanks very much. It is exactly references like these that are of interest to me personally, and hopefully to others as well. Dan"
1 hour ago
 
 
 

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