Forum

Ebola!! ISIS!! Putin!! Yet Oil Prices Drop 65 Replies

Started by Jim Litwinowicz in General Shale Discussions. Last reply by Philip Brutz 1 hour ago.

Break Evens

Started by Jesse Drang in General Shale Discussions 2 hours ago.

FERC controlled pipelines. What is your plan of attack? 25 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Lester L Greevy 2 hours ago.

Has anyone received a royalty (NOT bonus) payment from Antero? 46 Replies

Started by Paul Nickels in General Shale Discussions. Last reply by Paul Nickels 3 hours ago.

Tapan Lake Lease on Hold 4 Replies

Started by Jim Ruff in General Shale Discussions. Last reply by danny 16 hours ago.

Early renewal of 5 year lease with Shell 22 Replies

Started by Peggy A Murray in General Shale Discussions. Last reply by Peggy A Murray 17 hours ago.

Don't all wells produce some oil? 16 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Mike Fulper 17 hours ago.

Sign On Bonus Question

Started by Jean in General Shale Discussions 18 hours ago.

how do we break a lease in WV? 10 Replies

Started by Lisa McKenzie in General Shale Discussions. Last reply by Ron Hale 18 hours ago.

Title Question 13 Replies

Started by Drb Bummy in General Shale Discussions. Last reply by Ron Hale yesterday.

House bill 1684 for our 12.5 guaranteed royalty in Pa., what happened to it? 2 Replies

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

OPEC - the ultimate beat down? 15 Replies

Started by Jesse Drang in General Shale Discussions. Last reply by Jesse Drang yesterday.

How low will oil go? 8 Replies

Started by Keith Mauck (Site Publisher) in General Shale Discussions. Last reply by Markus yesterday.

Jackass "science" - Here is what we're up against 18 Replies

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

Selling Land and/or mineral rights etc. 22 Replies

Started by Kenneth W Sundermeier in General Shale Discussions. Last reply by Ron Hale on Sunday.

Natural gas liquids, BOE's, condensates 16 Replies

Started by M.A.B. in General Shale Discussions. Last reply by Philip Thackray on Sunday.

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

Jason replied to TM's discussion 'Chesapeake Dutch Valley Well' in the group Tuscarawas County, OH
"Does this style of permit mean that there will be four laterals permitted to be drilled on this pad?  Dutch Valley 7-5-1 2H?  554.78 Acres? "
17 minutes ago
paleface replied to Monte Zane's discussion 'Can anyone tell me recent amounts of $igning Bonus/Consideration per acre in Tioga County, PA?'
" There is a presentation from her group at the Lawrenceville fire hall on Oct. 29th at 6:30 open to the public."
45 minutes ago
Bill Leaseburg replied to Bob Shaw's discussion 'Pipeline RRight of Way' in the group Noble County, OH
"Is there a map or proposed plot for this line yet? Survey crews have been on our land, but I don't see any markings. The standard for the pipelines is still $1 x inch x foot,..Thats all I hear.  ( 24" pipe is $24 per foot), you can…"
57 minutes ago
Dexter Green replied to Judy's discussion 'Rex pipeline right of way in Center Twp.' in the group Butler County, PA
"Sounds like a simple gathering line.  Those typically don't command huge prices.  See if you can get a little more detail and then have your attorney look it over."
1 hour ago
Bill Leaseburg replied to Bill Leaseburg's discussion 'Leased Mineral modification' in the group Tyler County, WV
"Just an update here. We finally just went ahead and agreed to the $1000 inconvenience fee. Hopefully, something more will come of the pooling. "
1 hour ago
Philip Brutz replied to Jim Litwinowicz's discussion 'Ebola!! ISIS!! Putin!! Yet Oil Prices Drop'
"http://www.theguardian.com/business/2014/oct/19/oil-price-us-opec-brinkmanship-shale-gas Low oil price means high anxiety for Opec as US flexes its muscles Motorists, airlines and industry are enjoying low energy costs, the US is relishing its…"
1 hour ago
Jon replied to Judy's discussion 'Rex pipeline right of way in Center Twp.' in the group Butler County, PA
"Rex uses markwest for processing, so it's probably a different pipeline. if it's 25/ft wouldn't that make it $2.08 an inch?"
1 hour ago
Philip Brutz replied to Jim Litwinowicz's discussion 'Ebola!! ISIS!! Putin!! Yet Oil Prices Drop'
"Interesting article from the UK http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/11171270/UK-fracking-faces-bust-amid-Opec-oil-price-war.html UK fracking faces bust amid Opec oil price war With crude prices slumping, Britain’s…"
1 hour ago
Jesse Drang posted a discussion

Break Evens

From the Pittsburgh Post Gazette:As oil prices slip from their lofty perch, the effect on U.S. shale producers remains to be seen — but an impact, if any, is going to be on a play-by-play basis, analysts said.Brent, the international benchmark for…See More
2 hours ago
Lester L Greevy replied to Zack Jameson's discussion 'FERC controlled pipelines. What is your plan of attack?'
"FERC condemnation procedures and very highly defined with procedural steps along the way to ensure landowners are adequately compensated. A land owner should not be intimidated by threats of condemnation. The Federal rules for appraisel are very…"
2 hours ago
Douglas posted photos
2 hours ago
brandon replied to Zack Jameson's discussion 'FERC controlled pipelines. What is your plan of attack?'
"It is true that Energy Transfer, the company constructing the pipeline, is trying to purchase the line rows in acreage.  For what its worth the landman in charge of the section crossing my farm said that he has done two other FERC…"
3 hours ago
Paul Nickels replied to Paul Nickels's discussion 'Has anyone received a royalty (NOT bonus) payment from Antero?'
"Not dumb at all, Susan. You have to drag out information from the companies. If you are with antero, go to their website at www.anteroresources.com and go to the contact page. You'll find a landowner relations email contact there. If you are…"
3 hours ago
Philip Brutz replied to Jim Litwinowicz's discussion 'Ebola!! ISIS!! Putin!! Yet Oil Prices Drop'
"Interesting article from India http://www.thehindubusinessline.com/opinion/no-room-for-complacency-on-oil-front/article6520136.ece?homepage=true No room for complacency on oil front Shale gas has kept oil prices down, but exploring alternatives such…"
3 hours ago
Harry E. Rose replied to Zack Jameson's discussion 'FERC controlled pipelines. What is your plan of attack?'
"It appears to me that when you lack facts, you select name calling."
3 hours ago
Peggy A Murray replied to Monte Zane's discussion 'Can anyone tell me recent amounts of $igning Bonus/Consideration per acre in Tioga County, PA?'
"I am not sure about public disclosure either but here in Northern Tioga the offers are coming in before the 5 year lease is up and are not only for a 10 year lease but considerably less than what was paid 4 years ago. "
3 hours ago
 
 
 

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