Forum

"Monongalia WV, Hello Aubrey" 13 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Tim Tarr 57 minutes ago.

Keeping Aubrey honest 24 Replies

Started by brat in General Shale Discussions. Last reply by Joseph-Ohio 1 hour ago.

Purchased well maps off a website...question? 44 Replies

Started by JodyK in General Shale Discussions. Last reply by crazyfarmer 1 hour ago.

"Independent Drillers Moving into Columbiana" 13 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Diane Johnson 1 hour ago.

"Don't forget the Land Value" 45 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Dexter Green 1 hour ago.

Moonraker has just started 3 Replies

Started by mark a in General Shale Discussions. Last reply by Dexter Green 1 hour ago.

Selling mineral rights 6 Replies

Started by Bob Shea in General Shale Discussions. Last reply by evan 1 hour ago.

Ohio Permits 2014 15 Replies

Started by searcherone in General Shale Discussions. Last reply by searcherone 11 hours ago.

I have a question 24 Replies

Started by marilyn nesbitt in General Shale Discussions. Last reply by marilyn nesbitt 11 hours ago.

damaging different layers of shale 8 Replies

Started by jason irvine in General Shale Discussions. Last reply by James Foster 11 hours ago.

TWENTIER UNIT 2070 ESX

Started by mike in General Shale Discussions 12 hours ago.

Wefler well Sykes ridge

Started by Pat in General Shale Discussions 13 hours ago.

feel abandoned-- 48 Replies

Started by nc man in General Shale Discussions. Last reply by evan 14 hours ago.

Wood CO. WV 3 Billion Cracker Plant 13 Replies

Started by searcherone in General Shale Discussions. Last reply by gary smith 18 hours ago.

Revised lease 36 Replies

Started by Mary Schultz Price in General Shale Discussions. Last reply by Jan 20 hours ago.

Shale gas drilling in Cambria County, White Twp. 3 Replies

Started by Louis Bartosiewicz in General Shale Discussions. Last reply by Jeffrey Beunier 20 hours ago.

Buckeyeville/Dogtown area

Started by Elizabeth Purvis in General Shale Discussions 20 hours ago.

Where Can I Find Geologist / Consultant 20 Replies

Started by Quincy Spitzer in General Shale Discussions. Last reply by Jeffrey Beunier 20 hours ago.

Wetzel County EQT Deductions 20 Replies

Started by Marcus Huey in General Shale Discussions. Last reply by Marcus Huey 21 hours ago.

Guernsey County, OH

Started by see0706 in General Shale Discussions 21 hours ago.

Blog Posts

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

Why the Pt. Pleasant is Key to Utica Production

 

The Point Pleasant formation has been described as marking the end of Middle Ordovician time.  The Ordovician Period is characterized as the greatest submergence of the North American plate because shallow seas covered such an extensive area, including all of Ohio.  In this environment, the Acadian mountain-building event occurred whereby sediments high in kerogen were shed from the highlands into a somewhat enclosed basin,…

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Posted by John H on April 1, 2014 at 7:30pm — 2 Comments

Events

September 16

Tuesday

October 28

Tuesday

Latest Activity

Tim Tarr replied to Ron Eiselstein's discussion '"Monongalia WV, Hello Aubrey"'
"What I want is brine in the oil tanks. LOL"
57 minutes ago
Joseph-Ohio replied to brat's discussion 'Keeping Aubrey honest'
"If in fact it is 'the hive' philosophy / mentality, driving humanity to the results that seem so apparent / obvious to me (especially here in our State / Country - not to mention the rest of the World); I have to say I'm totally…"
1 hour ago
crazyfarmer replied to JodyK's discussion 'Purchased well maps off a website...question?'
"if your unit has acres in the well Pad but the leg is going the other way do you still receivable royalty? ?"
1 hour ago
Diane Johnson replied to Ron Eiselstein's discussion '"Independent Drillers Moving into Columbiana"'
"Yes. We leased mineral rights to Hillcorp. Any action there? We have the 10 acres and mechanics garage up for sale. Added fencing and new lighting."
1 hour ago
Dexter Green replied to Ron Eiselstein's discussion '"Don't forget the Land Value"'
"$19,000/ac?  Well that certainly isn't untenable and I'm sure those prices will hold once ZIRP ends.  Because that's the sort of sound valuation that makes sense.  Kind of like the Russell 200,000."
1 hour ago
Dexter Green replied to mark a's discussion 'Moonraker has just started'
"I think you missed the joke.  It's ok, it was a little obscure."
1 hour ago
Paul Martinelli replied to Ron Eiselstein's discussion '"Don't forget the Land Value"'
"yep Wait till Corn drops under $3/bu"
1 hour ago
evan replied to Bob Shea's discussion 'Selling mineral rights'
"Rick, nothing personal but the only reason they agreed to no surface is because you only have 5 acres. I know a few people that tried to sell that had 200 or 300 acres and they tried the no surface clause but the buyer wiggled around and refused to…"
1 hour ago
Zack Smith, Geologist/Appraiser replied to Bob Shea's discussion 'Selling mineral rights'
"It doesn't have to - when you sell, you can write whatever you want into the deeds/contract for sale. If the only thing the prospective buyer is concerned with is shale oil/gas, then they don't require surface access for development. And…"
1 hour ago
pg guy replied to brat's discussion 'Keeping Aubrey honest'
"Haven't you heard - it takes a village to raise a child."
1 hour ago
pg guy replied to Ron Eiselstein's discussion '"Don't forget the Land Value"'
"Talk about a bubble!"
2 hours ago
Ron Eiselstein replied to Ron Eiselstein's discussion '"Independent Drillers Moving into Columbiana"'
"Hi dianne. Do you still have the acreage on the eastside of youngstown, albert St?"
2 hours ago
Steve King and Wes are now friends
2 hours ago
Ron Eiselstein replied to Ron Eiselstein's discussion '"Don't forget the Land Value"'
"You tell em al!"
2 hours ago
JodyK replied to JodyK's discussion 'Purchased well maps off a website...question?'
"Yes crazyfarmer, the top hole is the well pad, the bottom hole is where the well leg ends."
2 hours ago
mark a replied to mark a's discussion 'Moonraker has just started'
"edge Marc"
3 hours ago
 
 
 

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