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Is $8000 per acre and 22% royalty for a 5 year lease good? 12 Replies

Started by james in General Shale Discussions. Last reply by gebralter 2 minutes ago.

Ohio: Hupp v. Beck Energy; Appeal Court Ruling; Sept 26, 2014 16 Replies

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

UNIT AND POOLING 10 Replies

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

Natural Gas Prices on the Rise! 31 Replies

Started by farmgas in General Shale Discussions. Last reply by wyalusing jim 2 hours ago.

A Third Cracker Possible?? 10 Replies

Started by Jim Litwinowicz in General Shale Discussions. Last reply by Philip Thackray 2 hours ago.

Susquehanna Cty, N.E.PA,,,capping wells 1 Reply

Started by mary albertson in General Shale Discussions. Last reply by Jesse Drang 4 hours ago.

Belmont County Piedmont Lake Area - Antero Activity? 1 Reply

Started by LewisClarku in General Shale Discussions. Last reply by LewisClarku 8 hours ago.

Meet the Newbies! 41 Replies

Started by Anna Mauck-Member Services in General Shale Discussions. Last reply by Nancy 12 hours ago.

Acoma Energy 4 Replies

Started by Jean in General Shale Discussions. Last reply by Joseph-Ohio 12 hours ago.

The Top 5 Chesapeake Royalty Litigation Trends to Watch 8 Replies

Started by Keith Mauck (Site Publisher) in General Shale Discussions. Last reply by wyalusing jim 13 hours ago.

WHY CHESAPEAKE IS DRILLING IN THE UTICA 8 Replies

Started by Mike Murphy in General Shale Discussions. Last reply by Tim Tarr 13 hours ago.

New Leases in Columbiana County 1 Reply

Started by country driver in General Shale Discussions. Last reply by James Foster 16 hours ago.

Aegis Energy

Started by Dolores Chobert in General Shale Discussions 21 hours ago.

Has anyone received a money offer for the Rover pipeline yet? 7 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Harry E. Rose 23 hours ago.

XTO bought out by AEP in Monroe county ohio 16 Replies

Started by Hunter 1 in General Shale Discussions. Last reply by Den yesterday.

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…

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

Events

October 28

Tuesday

Latest Activity

gebralter replied to james's discussion 'Is $8000 per acre and 22% royalty for a 5 year lease good?'
"No it's a terrible offer.  You should be getting at least $15k per acre and 40% royalty.  Tell them to come back when they're ready to open their wallets.  After all, do they have any idea how tough it is going to be for you…"
2 minutes ago
Jason Hathcock replied to Sterling Williams's discussion 'Leasing Going on?' in the group Monroe County, OH
"Our property is in Lee Twp, so just a bit south of you. We recently leased with Eclipse resources. Don't know if they have any holdings your township though. We worked through an attorney, which is who contacted them initially and got us a…"
11 minutes ago
Mike Murphy posted a discussion

Ohio wants to set rules for well pad construction

State regulators are pursuing rules to standardize oil and gas wellpads in eastern Ohio. Wellpads are common in the Utica shale. Companies that use horizontal drilling and hydraulic fracturing drill multiple wells – and multiple shales – from a…See More
33 minutes ago
Dexter Green replied to Zack Jameson's discussion 'The landowners that had to wait are in a better position then those who signed early.'
"This is true, unless you're a landowner in Trumbull, Mahoning, Ashtabula, Stark, Wayne, Medina, Ashland, Richland, Holmes, Tuscarawas, Portage, Meigs, Athens, or Coshocton counties."
37 minutes ago
Dexter Green replied to Zack Jameson's discussion 'I received a survey permission form for the Leach Xpress from Columbia Gas Transmission'
"The landowners aren't requesting these lines directly, no.  But we all are requesting them by virtue of not living in huts in some deserted part of Africa.  This is a country of incredible wealth and technological advancement, all…"
40 minutes ago
Zack Jameson posted a discussion

The landowners that had to wait are in a better position then those who signed early.

I know many landowners are discouraged at the slow process of being leased. The same goes with pipelines, but if you think about it, you are positioned better then the rest of us. You've had all this extra time to gain knowledge about the whole…See More
1 hour ago
Booger replied to james's discussion 'Is $8000 per acre and 22% royalty for a 5 year lease good?'
"yes - good offer........good luck."
1 hour ago
Zack Jameson replied to Zack Jameson's discussion 'I received a survey permission form for the Leach Xpress from Columbia Gas Transmission'
"When dealing with these companies wanting to lay pipeline through your land, instead of breaking down all that you want paid for just tell them one price. Figure it all out yourself and give them the total. For example, tell that that $1,000,000…"
1 hour ago
searcherone replied to searcherone's discussion 'Ohio: Hupp v. Beck Energy; Appeal Court Ruling; Sept 26, 2014'
"Thank you Tony.  The straightforward answer that several of us were looking for.    But the Supreme Court has to agree to hear the case doesn't it?  "
1 hour ago
Buz replied to Buz's discussion 'UNIT AND POOLING'
"So what you guys think about this one is he getting taken?"
1 hour ago
wyalusing jim replied to farmgas's discussion 'Natural Gas Prices on the Rise!'
"no one gets paid the spot price for royalties. some companies have better marketing strategies and consistently do better at marketing than others. wj"
2 hours ago
Appalachian replied to Zack Jameson's discussion 'I received a survey permission form for the Leach Xpress from Columbia Gas Transmission'
"Great idea....except, the landowners are not requesting these lines be laid on their property.  Does the above estimate include funds for property acquisitions?  If so, with your plan I'd say you could knock that number down…"
2 hours ago
Philip Thackray replied to Jim Litwinowicz's discussion 'A Third Cracker Possible??'
"Rusty Braziel at RBNEnergy.com refered to the ethane market as the "ethane asylum".  On my latest check stub from XTO the ethane sold for 19 cents/gallon. From what I read on sites like RBN Energy it seems as though there will be a…"
2 hours ago
Sherre Boyanowski replied to Barry D's discussion 'Cove Point LNG Facility Approved. Good News for Utica and Marcellus Region'
"Thank you."
3 hours ago
Barry D replied to Barry D's discussion 'Cove Point LNG Facility Approved. Good News for Utica and Marcellus Region'
"Here's a better article about the Cove Point project. https://www.dom.com/business/gas-transmission/cove-point/index.jsp"
3 hours ago
Barry D replied to Barry D's discussion 'Cove Point LNG Facility Approved. Good News for Utica and Marcellus Region'
"Sherre, Sorry, did not realize that they charges to read their stories. Cove Point is a facility on the Chesapeake Bay that Dominion has wanted to use to ship LNG. The federal government gave approval. This facility will be another outlet for the…"
3 hours ago
 
 
 

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