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Utica Royalty - $1,000/Acre Per Month! 52 Replies

Started by Ed in General Shale Discussions. Last reply by Dexter Green 4 hours ago.

Monroe Co. Ohio; Lee TWP Leak at Stalder well site. 24 Replies

Started by searcherone in General Shale Discussions. Last reply by Philip Brutz 7 hours ago.

Rotz and Pleatcher Wells 1 Reply

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

An Unofficial Contest 20 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Bob Rock 11 hours ago.

Leasing ROW, what is the going amount. 21 Replies

Started by Rick Schultz in General Shale Discussions. Last reply by pinehill 13 hours ago.

It Looks Like The Texas Lawyers Are Tightening The Noose 8 Replies

Started by Ron Hale in Misc.. Last reply by bo boboski 13 hours ago.

Lease not valid unless a notary is present? 28 Replies

Started by Richard Yockel in General Shale Discussions. Last reply by Chris 14 hours ago.

Could it be Global Warming?! 2 Replies

Started by Frank Walker in General Shale Discussions. Last reply by Deb Reynolds 15 hours ago.

ET Rover Update!!!!! 7 Replies

Started by brandon in General Shale Discussions. Last reply by jerry lee nichols 16 hours ago.

Can you be in multiple drilling units? 7 Replies

Started by LMS in General Shale Discussions. Last reply by LMS 20 hours ago.

What Do Low Oil Prices Mean To Drilling Boom? 53 Replies

Started by lance in General Shale Discussions. Last reply by Joseph-Ohio 21 hours ago.

ROW along Mt. Top Road in Liberty. 5 Replies

Started by Thomas Lilli in General Shale Discussions. Last reply by Thomas Lilli yesterday.

Chesapeake Energy Faces Subpoena on Royalty Payment Practices 28 Replies

Started by Ron Hale in General Shale Discussions. Last reply by Jeff Kerr yesterday.

First waterless frack in Ohio Utica shale 128 Replies

Started by Mike Murphy in General Shale Discussions. Last reply by bo boboski yesterday.

The Many Ramifications of the Great Oil Plunge of 2014 41 Replies

Started by Jim Litwinowicz in General Shale Discussions. Last reply by LERRET on Saturday.

Tolling of the Beck Leases

Started by Den in General Shale Discussions on Saturday.

"Halcon's Back In Trumbull County!" 76 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Joseph-Ohio on Friday.

Blog Posts

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

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

Too Much Clay? Chill Out. Why Cryogenic Fracturing May Be the Answer

 

Almost without exception, today’s shale wells are stimulated using water-based fracturing fluids (slickwater).  This technique is popular due to its ability to transport proppant effectively at a relatively inexpensive cost.  However, it is a magnet for criticism from environmentalists, who are concerned about the incredible volume of water needed as well as the resulting contaminated wastewater which must be treated and disposed of properly.   Water use is often cited as one of the…

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Posted by John H on November 2, 2014 at 8:21pm

Events

Latest Activity

Dexter Green replied to Ed's discussion 'Utica Royalty - $1,000/Acre Per Month!'
"You're discounting the intangibles when you make that argument.  For some people cash today is more important than cash in three years.  Others are highly risk averse and want a guarantee rather than a projection.  That's…"
4 hours ago
Dexter Green replied to Ed's discussion 'Utica Royalty - $1,000/Acre Per Month!'
"You don't need me to do that.  Just take the base price paid, drop an interest formula in (at 6%) and run it out 20 years.  Then in another column run each year with a 10% discount.  That'll give you year-to-year cash flow.…"
4 hours ago
Ed replied to Ed's discussion 'Utica Royalty - $1,000/Acre Per Month!'
"Per Dexter: "I used 9% per month [decline] for the first two years.  Again, an industry model.  The decline from year three outward is significantly less. . . . First 24 months yield 8.8 BCF, which is ~52% of total production.…"
5 hours ago
Debra Lynn Pennell replied to joe long's discussion 'where can i get- well plat/ plans - for wells for free in greene county ?' in the group Greene County, PA
"The 111acre parcel is at 317 Muddy Hollow Rd. this is the Jameson farm which has the house my great granfather built and is still standing. When I went back to meet them last year with my son the jameson family said no one had approached them about…"
7 hours ago
Philip Brutz replied to searcherone's discussion 'Monroe Co. Ohio; Lee TWP Leak at Stalder well site.'
"The laterals that go to the north have a 1000' spacing: http://apps.ohiodnr.gov/mineral/oil/MRMImages/17/3/249942.pdf The laterals that go to the south have a 750' spacing: http://apps.ohiodnr.gov/mineral/oil/MRMImages/17/5/294571.pdf "
7 hours ago
Philip Brutz replied to searcherone's discussion 'Monroe Co. Ohio; Lee TWP Leak at Stalder well site.'
"http://www.wtrf.com/story/27666019/displaced-monroe-county-families-will-be-allowed-limited-access-to-homes-friday-as-well-head-fix-plans-change Work Continues at Monroe County Well Site; Families Allowed Limited Access Posted: Dec 18, 2014 7:32 PM…"
7 hours ago
Vince Thompson replied to Ed's discussion 'Utica Royalty - $1,000/Acre Per Month!'
"Don't forget the new ACA tax of 3.8% to pay for your neighbor's health insurance. The 3.8% plus the federal maximum of 39.6% puts the burden of federal taxes alone at 43.4%."
8 hours ago
catt replied to catt's discussion 'Rotz and Pleatcher Wells'
"This should have been posted in the Guernsey County site.....sorry. And this is Millwood township. "
8 hours ago
Gusher replied to Ed's discussion 'Utica Royalty - $1,000/Acre Per Month!'
"keep in mind that the top long term gains tax is 20% plus you have state tax as ordinary income"
8 hours ago
Jesse Drang replied to searcherone's discussion 'Monroe Co. Ohio; Lee TWP Leak at Stalder well site.'
"Who will tend the livestock and do the milking?"
8 hours ago
cattlerancher replied to rhcpfan28's discussion 'Royal Dutch Shell plant....any word on how its coming along?' in the group Beaver County, PA
"As of Friday, 12-19, the Midway Bar had not been torn down.  The building has been gutted but the shell of the building remains.  It certainly looks like its going to be torn down in a very short period of time.  I suspect that thing…"
10 hours ago
cattlerancher updated their profile
10 hours ago
searcherone replied to searcherone's discussion 'Monroe Co. Ohio; Lee TWP Leak at Stalder well site.'
"Philip, .   Sadly I don't think any of us can think the necessary planning has been done in any of our counties.   A great New Year's resolution would be for all of us to begin asking the appropriate officials of our…"
10 hours ago
joe long replied to joe long's discussion 'where can i get- well plat/ plans - for wells for free in greene county ?' in the group Greene County, PA
"if you look at map of area there are 2 legs drilled where muddy meets macedonia road. its james rice well  vantage energy i have drilling maps . i dont know where your acreage is but , at other end of muddy.  i know cosol just leased some…"
11 hours ago
Puzzled replied to Ed's discussion 'Utica Royalty - $1,000/Acre Per Month!'
"One more thing as far as inflation....in 1981 you could get a cd at 11 percent return...inflation will change but so will interest rates.      1.5 million at 11 percent........"
11 hours ago
craig replied to rhcpfan28's discussion 'Royal Dutch Shell plant....any word on how its coming along?' in the group Beaver County, PA
"A customer of mine who was working on the demolition of the Horsehead site stopped in on friday and said he wasn't sure he would be back(he lived just North East Pittsburgh. Seems all the demolition has been done for the contract they had.…"
11 hours ago

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