Forum

Mineral rights sold in 2014 and receive 1099 5 Replies

Started by Rose Paratto in General Shale Discussions. Last reply by Jonathan H 1 hour ago.

Mud much more than mud 2 Replies

Started by Jim Litwinowicz in General Shale Discussions. Last reply by Brian Powers 2 hours ago.

Rice Energy fails to pay bonus money on Greene County Leases 35 Replies

Started by Greene in General Shale Discussions. Last reply by Debra Lynn Pennell 2 hours ago.

Division Order Delay 15 Replies

Started by Sally Bell in General Shale Discussions. Last reply by Sally Bell 2 hours ago.

Anadarko defines its core Utica acreage 50 Replies

Started by James Vanderink in General Shale Discussions. Last reply by Bluejack Farms 3 hours ago.

Where is all the gas going? 7 Replies

Started by Joe in General Shale Discussions. Last reply by Jim Litwinowicz 5 hours ago.

Petro-Edge Energy 7 Replies

Started by Clark Edgar Cross in General Shale Discussions. Last reply by David Perotto 9 hours ago.

Ohio: Hupp v. Beck Energy; Ohio Supreme Court will Hear Case 18 Replies

Started by searcherone in General Shale Discussions. Last reply by searcherone 19 hours ago.

I got 1099 but never received bonus money, What do i do??? 18 Replies

Started by adam sorell in General Shale Discussions. Last reply by Steven A Joliat yesterday.

Chesapeake Energy to pay $119M in Oklahoma royalty case 55 Replies

Started by Philip Brutz in General Shale Discussions. Last reply by Sherre Boyanowski on Saturday.

Fracking Bust Deeepening? 8 Replies

Started by Matthew Santiago in General Shale Discussions. Last reply by Dexter Green on Saturday.

Low Price of O/G: Will Drilling Continue? 66 Replies

Started by Susan A Tippel in General Shale Discussions. Last reply by Philip Brutz on Saturday.

Does anyone know another country that has an abundance of natural gas? 10 Replies

Started by Ragnars Repo in General Shale Discussions. Last reply by Janice L. Hancharick on Friday.

Are you aware of frozen wells? 1 Reply

Started by Frank Walker in General Shale Discussions. Last reply by Frank Walker on Friday.

ODNR 4th Quarter Production Is Out Now 3 Replies

Started by TM in General Shale Discussions. Last reply by Ed on Friday.

Devon Energy wells 38 Replies

Started by James Vanderink in General Shale Discussions. Last reply by James Vanderink on Friday.

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,…

Continue

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…

Continue

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…

Continue

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…

Continue

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

Events

Latest Activity

Jonathan H replied to Rose Paratto's discussion 'Mineral rights sold in 2014 and receive 1099'
"When you sell a house, if you have lived in it for 2 years out of the last 5, you don't have to pay taxes on the first $250,000 of gain ($500,000 for couples) - last year I sold a house I had lived in, then rented, and I was sent a 1099 even…"
1 hour ago
Spilman Thomas & Battle, PLLC updated their profile
1 hour ago
DONNA M SELLERS shared Jim Litwinowicz's discussion on Facebook
1 hour ago
Brian Powers replied to Jim Litwinowicz's discussion 'Mud much more than mud'
" Jim- I've seen the drilling mud and completion fluid selection have great impact on success or failure of a well or field development. Do you have any particular questions about mud? Brian"
2 hours ago
Rose Paratto replied to Rose Paratto's discussion 'Mineral rights sold in 2014 and receive 1099'
"Thanks for the reply, Jonathan H.   Can you please elaborate what you mean by capital gains exclusion?     "
2 hours ago
Debra Lynn Pennell replied to Greene's discussion 'Rice Energy fails to pay bonus money on Greene County Leases'
"Sounds too familiar. Please contact me at debbielynnpennell@comcast .net and I will discuss the exact same problems we faced with them."
2 hours ago
Sally Bell replied to Sally Bell's discussion 'Division Order Delay'
"Hi Sherre.  I just talked to Kelly in Steve's office at Chp.  She didn't seem to have all the info I wanted, so she is going to talk to the land agent and get back to me.  (same old).   I wanted to ask you if you know…"
2 hours ago
Ohiosam replied to Calla's discussion 'Hendricks well Ellsworth Township' in the group Mahoning County, OH
"I'm sure the people who's job it is to know these things have noticed and have an opinion if the #s are meaningful. We'll find out in 6 months when a bunch of nearby leases are up for renewal."
2 hours ago
Jack Young replied to Gary Keeney's discussion 'well flare?' in the group Tioga County, PA
"If somebody could post a video, I'm sure it would be appreciated by everyone with an interest in that area. Seneca's well is a very significant test of the Utica's potential in Tioga County.  "
2 hours ago
tena marie west replied to TM's discussion 'Enervest Nettle 3H Well' in the group Tuscarawas County, OH
"Thanks TM  I cant seem to get the call to come up on my computer."
3 hours ago
Joseph-Ohio replied to TM's discussion 'Enervest Nettle 3H Well' in the group Tuscarawas County, OH
"Thank you kindly TM."
3 hours ago
TM replied to TM's discussion 'Enervest Nettle 3H Well' in the group Tuscarawas County, OH
"I listened to the Enervest 4th quarter webcast today. They said the Nettle well peak oil rate was comparable to the Parker well in production. They did not mention any gas or oil numbers. They said they would report the numbers later this year when…"
3 hours ago
Jonathan H replied to Rose Paratto's discussion 'Mineral rights sold in 2014 and receive 1099'
"Under IRS laws, there are circumstances where a 1099 must be issued for property sales - though in many cases the lawyer handling the closing will assume it is unneeded due to the capital gains exclusion. For a large amount, such as a mineral rights…"
3 hours ago
Don replied to coyco's discussion 'Drilling Pad in Franklin Twp, Need Attorney' in the group Harrison County, OH
"Alan Wenger, of Harrington, Hoppe & Mitchell. FAIR, HONEST, AND EFFIECIENT. "
3 hours ago
Bluejack Farms replied to James Vanderink's discussion 'Anadarko defines its core Utica acreage'
"Here it is. By Noah Brenner Houston  17 October 2014 00:00 GMT Anadarko Petroleum is selling a large chunk of leases and all of its existing wells in the Utica shale to privately held Artex Energy Group in what sources indicate is part of…"
3 hours ago
Jim Litwinowicz replied to Jim Litwinowicz's discussion 'Mud much more than mud'
"Can't believe there wasn't some discussion about mud....such a fun subject."
4 hours ago
 
 
 

Local Groups

advertisements

Subscribe to Weekly Shale