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Breaking: OPEC Refuses to Cut Production 10 Replies

Started by Jesse Drang in General Shale Discussions. Last reply by Brad 3 hours ago.

How this Shale Network Began and Giving Thanks 8 Replies

Started by Keith Mauck (Site Publisher) in General Shale Discussions. Last reply by Nancy 7 hours ago.

Leasing ROW, what is the going amount. 3 Replies

Started by Rick Schultz in General Shale Discussions. Last reply by phillips 16 8 hours ago.

Production Numbers Off The Charts, Where Will It End? 32 Replies

Started by Old School Driller Descendant in General Shale Discussions. Last reply by john p halloran 11 hours ago.

Tyler county lease offer 17 Replies

Started by rmc in General Shale Discussions. Last reply by jason irvine 12 hours ago.

First waterless frack in Ohio Utica shale 79 Replies

Started by Mike Murphy in General Shale Discussions. Last reply by Joseph-Ohio 16 hours ago.

Ohio 3rd Qtr. reports 2 Replies

Started by bo boboski in General Shale Discussions. Last reply by evan 17 hours ago.

The rise in the price of gas. Do companies lose? 2 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Jesse Drang 18 hours ago.

Jack's Picks VII 2 Replies

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

Jack's Picks VI 183 Replies

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

EQT to stop drilling until 2016 31 Replies

Started by C Tysinger in General Shale Discussions. Last reply by Mike Fulper yesterday.

2020 Vision 3 Replies

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

Pipeline maps in Eastern Ohio 11 Replies

Started by williet57 in General Shale Discussions. Last reply by Joseph-Ohio yesterday.

Pro-fracking video ad 3 Replies

Started by Frank Walker in General Shale Discussions. Last reply by Elnathan Cory on Wednesday.

leasing mineral rights 2 Replies

Started by Donna M. Thompson in General Shale Discussions. Last reply by Donna M. Thompson on Wednesday.

kimble company 4 Replies

Started by mike james in General Shale Discussions. Last reply by Alan Bowers on Wednesday.

plat map for pipeline 2 Replies

Started by Pat in General Shale Discussions. Last reply by Alan Bowers on Wednesday.

What's with all the wells popping up in northern Stark county ? 41 Replies

Started by Hunter 1 in General Shale Discussions. Last reply by harry frank on Wednesday.

AEP royalties are a disaster 39 Replies

Started by Brian Lodge in General Shale Discussions. Last reply by Peyton Cheston on Tuesday.

Blog Posts

Chesapeake Energy Royalty Statement Decoded

*Oil, Gas and Natural Gas Liquids are sold well below market value to Affiliate (Chesapeake Energy) then a royalty is paid. The product is then sold on open market for a fair market price. An investigation will show that all royalty paying sales by CHK are by the same route, a bogus sale. The Royalty Statement admits to this activity which fits the definition of Theft By Deception per Ohio Revised Code.



*Natural Gas is used by Chesapeake free of charge as stated on Royalty statement.… Continue

Posted by Ron Hale on November 7, 2014 at 12:12pm

Too Much Clay? Chill Out. Why Cryogenic Fracturing May Be the Answer

 

Almost without exception, today’s shale wells are stimulated using water-based fracturing fluids (slickwater).  This technique is popular due to its ability to transport proppant effectively at a relatively inexpensive cost.  However, it is a magnet for criticism from environmentalists, who are concerned about the incredible volume of water needed as well as the resulting contaminated wastewater which must be treated and disposed of properly.   Water use is often cited as one of the…

Continue

Posted by John H on November 2, 2014 at 8:21pm

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…

Continue

Posted by John H on May 31, 2014 at 7:46pm — 2 Comments

Events

Latest Activity

Brad replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"Well let's see gas and oil companies have cut cost by 40% so wouldn't you think they would still make a profit a good bit below $80 a barrel just a thought."
3 hours ago
Trapper replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"I don't buy into the statement that oil has to be 80.00/bbl to be profitable. Until a few years ago it was ludricously profitable at half that."
4 hours ago
gebralter replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"They're either going to lose money and drill or wait.  The only people that know the answer to that are the billionaires calling the shots.  I hate to break it to you but they're not hanging out in this dump... Oil needs to be…"
4 hours ago
Nancy replied to Keith Mauck (Site Publisher)'s discussion 'How this Shale Network Began and Giving Thanks'
"Thank you Keith for all your hard work and precious time !  I have learned so much from your Wonderful site .  I hope your health improves and will be saying prayers for you and your Beautiful Family !   Happy Thanksgiving , Blessings…"
7 hours ago
Donald replied to Steve Tunstall's discussion 'What are mineral rights worth in Northeastern Athens County?' in the group Athens County, OH
"i'll go $2, about the same as Megis"
7 hours ago
Matthew Santiago and Judy mcdowell are now friends
8 hours ago
james david lamm posted a photo

IMG_0313

chk office building Louisville ohio early spring 2014 finishes and all moved in now
8 hours ago
Trapper replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"How long before cheap energy prices revive world economic activity to the point that oil prices rebound?"
8 hours ago
james david lamm updated their profile photo
8 hours ago
james david lamm updated their profile
8 hours ago
james david lamm replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"Mike,it is a shame our outdated refinerys can not handle this light oil. they split stream it with heavy crude just to be able to run it. we are running low on heavy crude and unfortunately, the changes are not a quick fix.i would hate to own coal…"
8 hours ago
phillips 16 replied to Rick Schultz's discussion 'Leasing ROW, what is the going amount.'
"I've been reading about $2-$3 per inch per foot.  I came up with $62.40 from $2.60 per inch per foot.  He was not really lowball but not all that high.  I don't like to go back and forth with prices.  I set $2.60 and…"
8 hours ago
james david lamm replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"Jesse, oil dropped sharply after opeq meeting. Europe trading stopped at noon est today. it was $69.05 bbl. futures started at 6 pm. now at $68.59  over a $5.00 drop today. not good for shale producers."
8 hours ago
Rick Schultz replied to Rick Schultz's discussion 'Leasing ROW, what is the going amount.'
"Don't have that info yet, this is just beginning.  As soon as I have size and quantity I will post it. Thanks for your reply"
9 hours ago
Jesse Drang replied to Jesse Drang's discussion 'Breaking: OPEC Refuses to Cut Production'
"More complicated than that, Mike. We are talking about the world's supply of oil, not just was what Saudi Arabia contributes. Most of the Saudi oil goes to non-US consumers. Also, if the House of Saud goes down, then the Middle East will glow -…"
9 hours ago
phillips 16 replied to Rick Schultz's discussion 'Leasing ROW, what is the going amount.'
"What size and how many?  I've been offered $50 for two 12" lines I countered with $62.40 per foot.  From what I've read I should have asked for more.  This is Harrison county, Oh. for Mariner East II."
9 hours ago
 
 
 

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