Forum

"Pittsburgh Airport/Richest in the World?" 22 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Ragnars Repo 3 minutes ago.

Wide Spread Leasing About to Commence in the Northern Utica 18 Replies

Started by Barry Dyngel in General Shale Discussions. Last reply by Barry Dyngel 10 minutes ago.

"Rex and MarkWest in the Northern Utica" 2 Replies

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

why are we not pushing for more? 34 Replies

Started by jason irvine in General Shale Discussions. Last reply by Brian Werner 1 hour ago.

Rt. 208 Pipeline Project

Started by kim hovis in General Shale Discussions 1 hour ago.

Ethane Cracker - Salem OH 5 Replies

Started by pg guy in General Shale Discussions. Last reply by Paul Martinelli 2 hours ago.

Auction or specialty realty firms? 5 Replies

Started by Matthew Santiago in General Shale Discussions. Last reply by Philip Thackray 2 hours ago.

Advice: can we be cut out of production area? 26 Replies

Started by Megan in General Shale Discussions. Last reply by rmc 3 hours ago.

Mercer/Lawrence Co., PA - Forced Pooling Back On? 2 Replies

Started by Jesse Drang in General Shale Discussions. Last reply by Joseph-Ohio 6 hours ago.

What's with all the wells popping up in northern Stark county ? 2 Replies

Started by Hunter 1 in General Shale Discussions. Last reply by Mike Murphy 9 hours ago.

MARKWEST PROJECTS IN OHIO UTICA

Started by Mike Murphy in General Shale Discussions 9 hours ago.

Jack's Picks VI 83 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Jack Straw 10 hours ago.

"Refracking/our wells may live forever" 12 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Janice L. Hancharick 14 hours ago.

Good, Bad, Better Best Pugh Clauses??? 4 Replies

Started by al raptoria in General Shale Discussions. Last reply by Utica Watcher 15 hours ago.

lease extension 4 Replies

Started by John in General Shale Discussions. Last reply by Tioga G 17 hours ago.

Solar Energy Plant Kills Birds, Threatens Airline Pilots 12 Replies

Started by Mark McGrail in General Shale Discussions. Last reply by Appalachian 19 hours ago.

Big news; Rex buys Shell's holdings 36 Replies

Started by Jim Litwinowicz in General Shale Discussions. Last reply by Trapper 21 hours ago.

old right a ways 11 Replies

Started by time will tell in General Shale Discussions. Last reply by time will tell 22 hours ago.

Vertical well or fracking 7 Replies

Started by Dennis J in General Shale Discussions. Last reply by Dennis J 23 hours ago.

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…

Continue

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…

Continue

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…

Continue

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…

Continue

Posted by John H on June 22, 2014 at 4:07pm — 4 Comments

Events

September 16

Tuesday

October 28

Tuesday

Latest Activity

Barry Dyngel replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"Jesse, A great resource for landowners is the lease on the ODNR web site. It will be smoother if the landmen have learned their lesson and do not attempt to mislead, or bully landowners."
10 minutes ago
Jesse Drang replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"I think landowners will be more savvy about the terms of the lease, such a Pugh clause, shut-in royalties, and deductions - that level of sophistication is hard won from the earlier, southern wave of leasing.  Just as the landmen move north,…"
16 minutes ago
Barry Dyngel replied to Ron Eiselstein's discussion '"Pittsburgh Airport/Richest in the World?"'
"Jesse, I wish more government entities had the intelligence to lease government owned property. Yes, the funds will be used to service debt. This could be a good thing, debt has a way of coming back and biting you in the rear end if not managed…"
27 minutes ago
Barry Dyngel replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"Jesse, Again I agree with your analysis. Word of mouth will be key to landowner success. The information for that word of mouth campaign could start here on GMS. From there people can work together in small groups, perhaps coordinating with others.…"
35 minutes ago
Joe Cook replied to Joe Cook's discussion 'EQT Utica Well' in the group Greene County, PA
"I guess I am not the only one that is curious. "
53 minutes ago
Jesse Drang replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"Groups will pop up and not all of them will be for-profit.  You will see people who are already loosely organized like a grange try to band together to negotiate.  The intermediary will ice larger groups early to use them as examples for…"
57 minutes ago
Barry Dyngel replied to Ron Eiselstein's discussion '"Rex and MarkWest in the Northern Utica"'
"I don't think the current expansion of this plant will affect development in Mahoning and Trumbull Counties. Just my opinion based upon the article you posted. Consider the following quotes from the article:  " The expansion is in…"
1 hour ago
Brian Werner replied to jason irvine's discussion 'why are we not pushing for more?'
"I think it is all in the lease, not who you sign with, I didn't have a choice, my property was leased already when I bought it. The Original lease was with M& B Operating. After I bought the property they transfered it to Great Lakes, who…"
1 hour ago
Jack Young replied to Frank Walker's discussion 'Utica wells in Tioga County' in the group Tioga County, PA
"Remember the quality of the source here - these guys can't even write a coherent sentence and have spread nutty rumors before. The production data to date has shown no liquids from any Tioga County Utica well, and the btu figure reported to the…"
1 hour ago
kim hovis posted a discussion

Rt. 208 Pipeline Project

This permit application notice showed up twice a few weeks back on the DEP website. It reads, ( Rt. 208 Pipeline Replacement Project )   Laurel MTN Midstream OPR  LLC  Utility Line Stream Crossing. I believe Laurel MTN is a subsidiary of Williams…See More
1 hour ago
Barry Dyngel replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"Sage, You are correct; we must think ahead, stay one step ahead. The main reason I have posed these questions was to encourage people to begin thinking about these issues."
1 hour ago
Barry Dyngel replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"Jesse, There may not be a need for large groups to represent landowners, if people communicate through this site ."
1 hour ago
Dexter Green replied to Ron Eiselstein's discussion '"Rex and MarkWest in the Northern Utica"'
""The above article clearly points out that Rex and Markwest have an alliance now." They've been partnered up for years. "Could it be Rex coming into central Mahoning and southern Trumbull with the Markwest…"
1 hour ago
Joseph-Ohio replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"The above explains the 'spirit' of my replies. In what 'spirit' were the newer 'Forced Pooling / Forced Unitization' O & G Rules written and enacted ? Landowners should be made aware of that 'spirit'. All…"
1 hour ago
Jesse Drang replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"As for phase two, if the area is profitable by industry standards, then the E&P will both start production (assuming infrastructure) to generate cash flow and also begin soliciting JV interests.  At some point, you will see sustained…"
1 hour ago
Jesse Drang replied to Barry Dyngel's discussion 'Wide Spread Leasing About to Commence in the Northern Utica'
"Barry - Much will depend on whether there are competing E&Ps interested in the area.  First will come the doom and gloom speculators and flippers offering very low bonuses and percentages.  After the area has been softened up, a well…"
1 hour ago
 
 
 

Local Groups

advertisements