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Antero lease offer 20 Replies

Started by Mark in General Shale Discussions. Last reply by Jeffrey Beunier 21 minutes ago.

Future royalties/decline rate....something to ponder 16 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Jeffrey Beunier 59 minutes ago.

Statoil vs Chk 1 Reply

Started by bobt in General Shale Discussions. Last reply by Jeffrey Beunier 1 hour ago.

Lawsuits in Ohio and Supreme Court of Ohio regarding Mineral Rights Holders 68 Replies

Started by RITA KERR in General Shale Discussions. Last reply by Robert and Valorie Fulton 2 hours ago.

Anti-Drilling Gun Shooting at Well Site? 19 Replies

Started by D L T in General Shale Discussions. Last reply by Finnbear 2 hours ago.

Dominion repair lines

Started by The Rooster in General Shale Discussions 2 hours ago.

Bank acts suspicious....so funny! 18 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Sherre Boyanowski 3 hours ago.

Division Order from Rice Energy 4 Replies

Started by Gunner Ostergard in General Shale Discussions. Last reply by Philip Brutz 3 hours ago.

Disposal Wells 17 Replies

Started by bo boboski in General Shale Discussions. Last reply by Shon Lenzo 5 hours ago.

Natural Gas Prices & Deductions 3 Replies

Started by john goodday in General Shale Discussions. Last reply by john goodday 5 hours ago.

Is production being choked back 4 Replies

Started by Jim White in General Shale Discussions. Last reply by Frank Walker 6 hours ago.

Goodwin GU Wells 5 Replies

Started by Larry K. O'Dell in General Shale Discussions. Last reply by Ronald McGee 8 hours ago.

When Ohio production figures? 1 Reply

Started by Robert Bond in General Shale Discussions. Last reply by bo boboski 10 hours ago.

Bush Royalty LP Butler county Pa., Center twp 3 Replies

Started by Robert Allingham in General Shale Discussions. Last reply by Janice L. Hancharick yesterday.

option to extend lease with gas company 29 Replies

Started by kit in General Shale Discussions. Last reply by dennis elias yesterday.

Chesapeake....what happened? 7 Replies

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

Antero Wanting to Top Lease 5 Replies

Started by brandon in General Shale Discussions. Last reply by Robert Bauer yesterday.

HELP- new renewal Range Resource lease offered 43 Replies

Started by Terri Betts in General Shale Discussions. Last reply by Terri Betts yesterday.

Blog Posts

More Southern Iraq Oil is Starting to Hit the Markets

For the last 10 years, the oil industry in Iraq has been under intense pressure from jihadist insurgents and many leading oil producers were force to pull out of the region because of fears of safety for their workers, and the locals that lived in the areas according to Energy in Asia.

However, things have begun to change in the South of Iraq, especially in the oil-rich fields of North Rumaila which,…

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Posted by Oil & Gas News on February 4, 2015 at 11:35am

Alternate Fracking and Wastewater Treatment Methods

 

In researching this subject, I discovered a January 16, 2011 article featured in OilOnLine which provides an interesting alternative to conventional fracking techniques.  Virginia based PDN Mountaineer, LLC announded that they have partnered with Utah based Purestream Technology in incorporating their Trilogy system to treat and purify wastewater from their Marcellus operations.  Purestream claims to be able to alleviate the environmental impact of hydraulic fracturing by…

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Posted by John H on November 17, 2014 at 3:36pm

Understanding the Basics of Ohio Geology



The Trenton Limestone:



The Trenton Limestone and accompanying Black River rocks are important in that they serve as the source for much or all hydrocarbon formation in the Appalachian basin. Generally speaking, the Trenton Limestone serves as a cap rock for the underlying Black River source rocks. Because it is not as thick here in Ohio, it has allowed hydrocarbons formed by the Black River group to migrate naturally into the Utica/Pt. Pleasant. To the East, in West Virginia…

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Posted by John H on July 22, 2014 at 1:17am

Low Ball

   Has Antero tried to low ball anyone by offering to pay royalties based on net production instead of gross production even though the contract clearly states that payment is to be made based on gross production

Posted by Todd Beem on November 20, 2014 at 11:53pm — 1 Comment

Column: Saudi Arabia and New Mexico: oil price threat

Article cover image


Column: Saudi Arabia and New Mexico: oil price threa…

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Posted by Bob Perkins on November 20, 2014 at 6:32pm

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 — 3 Comments

Events

Latest Activity

sherry replied to williet57's discussion 'Guernsey County Fairgrounds Activity' in the group Guernsey County, OH
"We are in Millwood township, out in salesville. They have stopped alot of the drilling around us till the price goes back up. I bet it's the same in your area. "
19 minutes ago
Jeffrey Beunier replied to Mark's discussion 'Antero lease offer'
"take a look at this article: http://stateimpact.npr.org/pennsylvania/2013/09/20/royalty-group-urges-landowners-to-pay-close-attention-to-chesapeake-settlement/ also I put an attachment up on the following page from NARO -PA"
21 minutes ago
Adam Martin posted a discussion

Anyone Familiar with Non-Typical Unit Sizes and How Unitization of These Units Works?

Hoping someone here has knowleged of how Unitization, more specifically when additional acreage is added to Non-Typical Sized Units, works. For example, my family is receiving royalties on 2 wells that were drilled by combining 2 leases, 200 acres…See More
23 minutes ago
Kyle Nuttall replied to Tim's discussion 'what's new in Preston' in the group Preston County, WV
"There seems to be a little bit of leasing and development going on, mostly on the eastern side of the county.  Anybody local might have more detailed information."
25 minutes ago
Jeffrey Beunier replied to Mark's discussion 'Antero lease offer'
"'deductions' as in port production costs?   Those can be painful depending on what they hit you with, if you think about it, they can charge pretty much anything under the sun (or at least along/attached to their pipeline).  CHK…"
33 minutes ago
Jeffrey Beunier replied to Mark's discussion 'Antero lease offer'
"a top lease, is a lease where some other company already has a lease in place.  Antero is making the bet that the current leaseholder will not be able to meet the drilling commitment and essentially goes in and makes an offer/lease that is…"
50 minutes ago
Jeffrey Beunier replied to Zack Jameson's discussion 'Future royalties/decline rate....something to ponder'
"Everyone previously mentioned decline rates, and that's going to be the main culprit impacting your check - obviously, an operator can manipulate this to a degree.  Look at Rice Energy, or Gulport's restricted choke program, your…"
59 minutes ago
Joseph-Ohio replied to Zack Jameson's discussion 'Future royalties/decline rate....something to ponder'
"No disagreement re: the mopecular physical science. Just qurestioning how much of the so-called 'decline' is attributable to it vs. how much 'choke back market management' is going on and affecting the low production numbers…"
1 hour ago
Jeffrey Beunier replied to Zack Jameson's discussion 'Future royalties/decline rate....something to ponder'
"interesting observation on the size of the initial drop.  I agree on the amount of production - public companies have a habit of showing large IP's and big numbers to get their stocks to move, its a shame b/c good reservoir management…"
1 hour ago
Jeffrey Beunier replied to Zack Jameson's discussion 'Future royalties/decline rate....something to ponder'
"If you think about the difference between oil and gas (size of the molecule) it helps explains the difference in the drop off (if all factors are held the same and just the product is different) - oil is much larger and it has a tougher time getting…"
1 hour ago
Jeffrey Beunier replied to bobt's discussion 'Statoil vs Chk'
"That seems odd.  Do you have a net, gross or a market enhancement clause in your lease? Where there post production costs deducted from either? What was the gross price that each firm received - the issue may lie with CHK having firm capacity…"
1 hour ago
Joseph-Ohio replied to Zack Jameson's discussion 'Future royalties/decline rate....something to ponder'
"Somehow I 'just ain't buyin into that' Mike. A few others here don't appear to be either. Oil prices are low bigtime from when most of those wells were developed and don't think they could predict what SA would do by…"
1 hour ago
Mike Fulper replied to Zack Jameson's discussion 'Future royalties/decline rate....something to ponder'
"Very few wells are ever choked back.. NONE of the EQT wells were ever choked back.... Full 64/64 since first day of production The oil companies want to make $$.... .now..... not 2 years from now... Good thing they didn't choke any back..…"
2 hours ago
Robert and Valorie Fulton replied to RITA KERR's discussion 'Lawsuits in Ohio and Supreme Court of Ohio regarding Mineral Rights Holders'
"We bought our property in the early '90s. We paid more than the asking price for the land because we insisted on getting all the mineral rights. There is NO QUESTION about us owning ours!! I can thank my Dad for that. He knew someone who had…"
2 hours ago
Jeffrey Beunier replied to Alex Bakalas's discussion 'Who is leasing land in Monroe County? My grandmother needs my help!!!' in the group Monroe County, OH
"Was that 18.75% gross, net or with market enhancement clause?"
2 hours ago
Finnbear replied to D L T's discussion 'Anti-Drilling Gun Shooting at Well Site?'
"I believe you're wrong about that (unless you're a felon). An Ohio License to Carry a Concealed Handgun is also valid in WV, and just recently, also in PA."
2 hours ago
 
 
 

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