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Division order acarage does not match 34 Replies

Started by Brian Lodge in General Shale Discussions. Last reply by Ned Schneebly 3 hours ago.

CHK agreement to allow reassignment of lease 8 Replies

Started by S S C in General Shale Discussions. Last reply by Ned Schneebly 3 hours ago.

Current Tioga County lease offers 31 Replies

Started by Robin Lynn in General Shale Discussions. Last reply by Nancy 4 hours ago.

Northern Utica Play: Goat Pasture or Uncut Diamond ... 212 Replies

Started by Jesse Drang in General Shale Discussions. Last reply by Sage59 5 hours ago.

Trenton Limestone 11 Replies

Started by Bob in General Shale Discussions. Last reply by Nancy 6 hours ago.

Royalties without deduction 7 Replies

Started by John Horning in General Shale Discussions. Last reply by Alan Bowers 6 hours ago.

Uncut Diamond in the Northern Utica; Halcon 2 Replies

Started by Barry D in General Shale Discussions. Last reply by Barry D 6 hours ago.

Gastar Awarded Lease to Drill under Ohio River 15 Replies

Started by searcherone in General Shale Discussions. Last reply by Philip Brutz 6 hours ago.

Looking for unit maps for South west Pa?

Started by Gunner Ostergard in General Shale Discussions 7 hours ago.

Well Terms 13 Replies

Started by Shawn Smith in General Shale Discussions. Last reply by James Foster 11 hours ago.

Devon Energy wells 3 Replies

Started by James Vanderink in General Shale Discussions. Last reply by Cy Hawkins 12 hours ago.

"Hilcorp Earthquake wells Kicking Butt in the Northern Utica" 191 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Bob Rock 12 hours ago.

Who is peddling Mahoning Valley Minerals agreements 6 Replies

Started by Mud Flaps in General Shale Discussions. Last reply by Joseph-Ohio 14 hours ago.

MWCD, eminent domain, unfair compensation, windfall profits 6 Replies

Started by Carl Krebsbach in General Shale Discussions. Last reply by Jim Litwinowicz 18 hours ago.

Jack's Picks VI 155 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Nancy yesterday.

Consol Energy 3rd. Quarter Report 1 Reply

Started by farmgas in General Shale Discussions. Last reply by Dexter Green on Wednesday.

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…

Continue

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

Events

Latest Activity

Ned Schneebly replied to Brian Lodge's discussion 'Division order acarage does not match'
"Just a thought, are you sure all of your acreage falls within the unit? Could be that a sliver of your property falls outside of the unit boundary. I have not looked at the unit plat but the plat should state your net acreage in the unit. Search…"
3 hours ago
Ned Schneebly replied to S S C's discussion 'CHK agreement to allow reassignment of lease'
"I'm guessing it's a blanket letter sent to all lessors. This is commonplace when large assignments occur because it is easier to send a letter to everyone than sort through thousands of leases looking for "consent to assign"…"
3 hours ago
Nancy replied to Robin Lynn's discussion 'Current Tioga County lease offers'
"Not sure why the Royalties are so low  ?    Royal Dutch is coming since the results from the Neal and Gee Exploration wells  is Fantastic !  Good Luck to all of you !  "
4 hours ago
Sage59 replied to Jesse Drang's discussion 'Northern Utica Play: Goat Pasture or Uncut Diamond ...'
"Mike, I didn't say permits. I said renewing leases. Go to the Trumbull County Recorders web site and see for yourself. Search Enervest. There are leases being renewed, even a few new ones being signed. Enervest must just be feeling sorry for…"
5 hours ago
Tom updated their profile
5 hours ago
Alan Bowers replied to S S C's discussion 'CHK agreement to allow reassignment of lease'
"Try sending your response to the address they gave you to send your reply.... AND..... Send a copy addressed to Lester A. Zitkus, Vice President of Land, to their office in Oklahoma City Oklahoma. Your lease is in Lester's territory, and, he…"
5 hours ago
Nancy replied to S S C's discussion 'CHK agreement to allow reassignment of lease'
"Great advice, Alan !"
5 hours ago
Nancy replied to Bob's discussion 'Trenton Limestone'
"Thank you Jack."
6 hours ago
Alan Bowers replied to John Horning's discussion 'Royalties without deduction'
"If Shell wrote a lease that they KNEW or SHOULD HAVE KNOWN violated PA Law that guarantees a minimum of 12.5% Royalty you would think that would be grounds for invalidating a lease. If you are interested in doing business with Shell try going around…"
6 hours ago
Barry D replied to Barry D's discussion 'Uncut Diamond in the Northern Utica; Halcon'
"Alan"
6 hours ago
S S C replied to S S C's discussion 'CHK agreement to allow reassignment of lease'
"I will have to think about that. It would seem to cover it. I doubt that it would bring about a coherent response from chk though, based on past experience."
6 hours ago
Dennis Smouse replied to Wayne Miller's discussion 'Bradford Co units map update September 2014' in the group Bradford County, PA
6 hours ago
Tom replied to Tom's discussion 'Rex, J Hall Pad' in the group Guernsey County, OH
"Today on the way to work I decided to take the long way to the highway and go through town to see what was being done on the pipeline.  They re-routed the line quite a bit toward town.  They are going to be crossing Greenlawn way down on…"
6 hours ago
Philip Brutz replied to searcherone's discussion 'Gastar Awarded Lease to Drill under Ohio River'
"Like!"
6 hours ago
Alan Bowers replied to S S C's discussion 'CHK agreement to allow reassignment of lease'
"How about sending them a reply that says you DO NOT AGREE to their request AT THIS TIME due to LACK OF INFORMATION BEING PROVIDED FROM CHK about the sale, and then also ask for an explanation from CHK as to why CHK feels they need you sign…"
6 hours ago
Alan Bowers replied to The Hiker's discussion 'Aubrey shears off well head. Gas heard escaping two miles away. Mandatory evacuations in place.'
"Just over 3 years since the last big explosion in the area (last one was 36in dia Tennessee Gas line in Hanover Twp, Columbiana County in 2011).  At least this one didn't catch fire.  Hopefully as the number of wells increase we can…"
6 hours ago
 
 
 

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