Forum

Crude oil is collapsing

Started by Mike Murphy in General Shale Discussions 21 minutes ago.

What is a fair royalty percentage in your opinion? 1 Reply

Started by Zack Jameson in General Shale Discussions. Last reply by G.H. 28 minutes ago.

Rosul Unit Fayette County no royalty payment this month. 5 Replies

Started by Greg. Zborovancik in General Shale Discussions. Last reply by Greg. Zborovancik 2 hours ago.

Modification of oil and gas lease in regards to "pooling" 2 Replies

Started by Stephen Bush in General Shale Discussions. Last reply by Philip Thackray 3 hours ago.

Chevron Lease Payment 23 Replies

Started by Janet Smith in General Shale Discussions. Last reply by Barry D 11 hours ago.

Read That A Senate Panel Passed Crude Export Legislation 1 Reply

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

Marion Co. WV lease expired 9 Replies

Started by wvlapua in General Shale Discussions. Last reply by wvlapua yesterday.

Gas Awakening From U.S. Shale Slumber as LNG Shipments Near 4 Replies

Started by Mike Murphy in General Shale Discussions. Last reply by Jim Litwinowicz yesterday.

ROYALTY AMOUNTS?

Started by Rick Schultz in General Shale Discussions yesterday.

TRENTON-BLACK RIVER FORMATION 32 Replies

Started by Trapper in General Shale Discussions. Last reply by Nancy Mosley on Saturday.

Has U.S. oil production started to turn down? 20 Replies

Started by Keith Mauck (Site Publisher) in General Shale Discussions. Last reply by Joseph-Ohio on Friday.

Pipe line ROW 11 Replies

Started by DGS in General Shale Discussions. Last reply by Mike Beun on Friday.

Blog Posts

Weak gas infrastructure fueling Utica's struggles

"So, when drillers elsewhere were getting maybe $2.75 per mcf for their gas, in Ohio: “On July 4, I saw Utica gas sell for 64 cents,” said Ohio Oil and Gas Association executive vice president Shawn Bennett in a recent interview.

To be fair, that’s a strikingly painful price, even for the Utica. But that same day in mid-July, Bennett looked up the price of Utica gas while the Henry Hub price was $2.80, and found that Ohio drillers were only getting about $1.12 for their gas. That’s…

Continue

Posted by Bob Shaw on July 25, 2015 at 5:43am

Government Officials That You Can Contact About Ohio’s Fraud

US Department Of Justice     http://www.justice.gov/contact-us

1)    US Attorney General Lynch

2)    Fraud FBI Corporate Fraud Hotline 888-622-0117

3)    Report Other Fraud or Public Corruption

Call FBI Hotline 800-CALL-FBI (800-225-5324)

4)    Report…

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Posted by Ron Hale on July 23, 2015 at 4:39pm — 1 Comment

Understanding How Chesapeake Energy Is Shorting Royalty Payments

Breeze through the 49 pages of how & why Chesapeake is making ADJUSTMENTS to the Suessenbach Family LP Royalties. Hey, they are doing the same thing at Buck Well 1H. I'm sure this is limited to only a few wells......NOT!!!

IN THE UNITED STATES DISTRICT COURT

FOR THE MIDDLE DISTRICT OF PENNSYLVANIA

 

THE SUESSENBACH FAMILY

LIMITED PARTNERSHIP, JAMES S.

SUESSENBACH, and GINA M.

SUESSENBACH, individually and on

behalf of all…

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Posted by Ron Hale on June 29, 2015 at 5:39pm

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

Events

August 24

Monday

Latest Activity

Terry Mason replied to Terry Mason's discussion 'One more question' in the group Pleasants County, WV
" I guess the land man didn't like my family's stubbornness. A family member recently received a letter stating they have decided NOT to develop our land. This is fine with us!! There wouldn't have been much money anyway."
4 minutes ago
Wayne Miller replied to Wayne Miller's discussion 'Bradford Co units map update July 2015' in the group Bradford County, PA
" Yes, I have that clause. Problem is the other 2 units are not yet negative although getting closer. All controlled by the same lease."
17 minutes ago
Mike Murphy posted discussions
21 minutes ago
G.H. replied to Zack Jameson's discussion 'What is a fair royalty percentage in your opinion?'
"I think a lot more goes into drilling a well than most people know.  A lot of costs that people don't even consider that we wouldn't want passed along to us.  So I think something as high as 40% is definitely unreasonable for the…"
28 minutes ago
wyalusing jim replied to Wayne Miller's discussion 'Bradford Co units map update July 2015' in the group Bradford County, PA
"just a thought wayne.... read your lease and see if in order to hold your lease, they must have a well capable of "production in paying quantities". those, or words to that effect were in many marcellus leases. obviously, they have…"
35 minutes ago
Zack Jameson posted a discussion

What is a fair royalty percentage in your opinion?

We've heard the range in royalty percentage, usually between 12 1/2 to 20 %. Doesn't seem fair does it? What do you consider a fair share....25%, 30%, 40% ? Let's hear your comments.See More
40 minutes ago
John Capwell replied to Wayne Miller's discussion 'Bradford Co units map update July 2015' in the group Bradford County, PA
"Whether you have a positive or negative dollar value, the companies are "stealing" your gas. Companies have figured out that instead of reducing executive salaries and compensation, placing the dollar burden on leaseholders is far easier.…"
50 minutes ago
bobt replied to Wayne Miller's discussion 'Bradford Co units map update July 2015' in the group Bradford County, PA
"CHK was barely on the positive side, taking 52% deductions giving us 48%  We managed to get a few bucks for our gas but Statoil took 58% deductions and put us on the minus column. We owe Statoil for selling our gas or should I say for stealing…"
1 hour ago
Mark Mobberly posted a blog post

ROW activity in Monroe Cty, OH

I was voice messaged from a ROW agent with interest in my 40 acres in Monroe Cty, Franklin Twp, OH (724 West, near Noble Cty. line).  Is anybody aware of recent ROW activity in this Twp./area?  Is it transmission, gathering, or other?See More
1 hour ago
william Allen. Ladd replied to Shawn Smith's discussion 'Actual Sale Price of Selling OGM in Marcellus area' in the group Tioga County, PA
"To Shawn, I absolutely agree with Frank Walker! In my case My property has been handed down to me from at least three generations. It has been a struggle for each generation. And I appreciate the struggles they went thru. A few people have been…"
2 hours ago
Greg. Zborovancik replied to Greg. Zborovancik's discussion 'Rosul Unit Fayette County no royalty payment this month.'
"Phil: good t hear from you again. Never got a call back yet will try this morning. Are those numbers projections or accurate numbers? Trying to call the Smithfield office and see what's up. Thanks again."
2 hours ago
Mike Herceg posted a discussion

Well Pad - anyone have one ? did your Property taxes go up ? Were you compenstated for the pad ? Clean and Green ?

SWEPI is proposing a well pad on property. Alot to think about and will be reviewing with lawyer. But I would like to hear from the Tioga members. If you have a well pad already, how badly do your taxes go up for that 3-5 acres ? If you were in…See More
3 hours ago
Frank Walker replied to Shawn Smith's discussion 'Actual Sale Price of Selling OGM in Marcellus area' in the group Tioga County, PA
"Shawn Be very cautious about selling your OGM.  You should not sell unless your present financial circumstances absolutely force a sale.  And even then, you should first consider a partial sale if that will relieve the financial pressure…"
3 hours ago
Philip Thackray replied to Stephen Bush's discussion 'Modification of oil and gas lease in regards to "pooling"'
"Do you own the surface leasing rights (you said you own the mineral leasing rights??)? Phil"
3 hours ago
Philip Thackray replied to Greg. Zborovancik's discussion 'Rosul Unit Fayette County no royalty payment this month.'
"Greg, I note that the DEP has posted May production numbers for the Rosul Unit wells.  Production is consistent with previous months so not shut-ins or choking. Have you heard anything more? Phil"
3 hours ago
Barry D replied to Janet Smith's discussion 'Chevron Lease Payment'
"The 120 days may include so many religious holidays depending upon religious affiliation. Wow, who really knows how long 120 days is."
11 hours ago
 
 
 

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