Forum

OPEC - the ultimate beat down? 13 Replies

Started by Jesse Drang in General Shale Discussions. Last reply by Joseph-Ohio 6 minutes ago.

Early renewal of 5 year lease with Shell 20 Replies

Started by Peggy A Murray in General Shale Discussions. Last reply by Jack Straw 4 hours ago.

How low will oil go? 8 Replies

Started by Keith Mauck (Site Publisher) in General Shale Discussions. Last reply by Markus 4 hours ago.

Title Question 12 Replies

Started by Drb Bummy in General Shale Discussions. Last reply by Barry D 7 hours ago.

Has anyone received a royalty (NOT bonus) payment from Antero? 41 Replies

Started by Paul Nickels in General Shale Discussions. Last reply by Carl Krebsbach 7 hours ago.

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

Started by Frank Walker in General Shale Discussions. Last reply by Jack Straw 9 hours ago.

Don't all wells produce some oil? 10 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Jon 10 hours ago.

how do we break a lease in WV? 7 Replies

Started by Lisa McKenzie in General Shale Discussions. Last reply by Ron Hale 11 hours ago.

Selling Land and/or mineral rights etc. 22 Replies

Started by Kenneth W Sundermeier in General Shale Discussions. Last reply by Ron Hale 17 hours ago.

Natural gas liquids, BOE's, condensates 16 Replies

Started by M.A.B. in General Shale Discussions. Last reply by Philip Thackray 18 hours ago.

Chesapeake Energy To Sell Southern Marcellus & Utica Shale Assets 26 Replies

Started by Philip Brutz in General Shale Discussions. Last reply by S S C 21 hours ago.

FERC controlled pipelines. What is your plan of attack? 15 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by The Hiker yesterday.

chesapeak sale

Started by Bill Myers in General Shale Discussions yesterday.

Wefler well Sykes ridge statoil 18 Replies

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

Enervest Clinton Horizontal Wells in Stark County 38 Replies

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

Northern Utica Play: Goat Pasture or Uncut Diamond ... 182 Replies

Started by Jesse Drang in General Shale Discussions. Last reply by elliemae82 on Friday.

Recent Lease in Tioga County 5 Replies

Started by William Young in General Shale Discussions. Last reply by wyalusing jim on Friday.

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…

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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…

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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

Joseph-Ohio replied to Jesse Drang's discussion 'OPEC - the ultimate beat down?'
"Thank you for this valuable insight Philip. There was another earlier post where I raised the 'domestic break even cost' question but at that time no one could answer me. I'll reference this data there also. Thank you once again…"
6 minutes ago
Jack Straw replied to Peggy A Murray's discussion 'Early renewal of 5 year lease with Shell'
"Tioga County has become the 'fruit of the month'; Shell's recent well appears to have Shell out there trolling for any low hanging fruit. The fact that they have approached you for an early ... and exceedingly long (10 year) lease…"
4 hours ago
Barry D replied to Drb Bummy's discussion 'Title Question'
"Drb, The real question is 1/16 of what ? For example; 1/16 of 1/8 is small. You would be sharing less than 1% of your royalty. It's all in the wording of the exception/reservation."
7 hours ago
Carl Krebsbach replied to Paul Nickels's discussion 'Has anyone received a royalty (NOT bonus) payment from Antero?'
"Early May.....so it looks like a D.O. will be had about 6-7 months after production started.One thing I am wondering about is the part of my lease that is headed:  "When Royalties Must Be Paid" and that goes on to mention 120 days, 90…"
7 hours ago
Jack Straw replied to Jesse Drang's discussion 'OPEC - the ultimate beat down?'
"RE:"As far as I know, Natural Gas has always been the most economic domestic fuel choice.I dont know why it hasn't been used more widely." There are two interrelated reasons why it has not been more widely used: Until recently, there…"
7 hours ago
Peggy A Murray replied to Peggy A Murray's discussion 'Early renewal of 5 year lease with Shell'
"I just started comparing my old lease to the new one and highlighting differences. The old lease was a 5 year lease - the new one is a TEN year lease so that would mean instead of half what I was offered before it is a quarter of what I was offered…"
8 hours ago
Joseph-Ohio replied to Jesse Drang's discussion 'OPEC - the ultimate beat down?'
"As far as I know, Natural Gas has always been the most economic domestic fuel choice. I dont know why it hasn't been used more widely. I can only guess the reason to be that the energy barons wanted oil, deisel and gasoline to rule the energy…"
8 hours ago
David Rontal left a comment for nc man
"Could you email me a copy of your lease?  That is the best place to start.  [email protected] Regards, David"
8 hours ago
nc man left a comment for David Rontal
"Great! Love to hear what you have to say. nc man"
8 hours ago
nc man and David Rontal are now friends
8 hours ago
Jack Straw replied to Jesse Drang's discussion 'OPEC - the ultimate beat down?'
"Right now, I consider North American Natural Gas (I have to include our Canadian brothers and sisters) to be the bargain of the century (perhaps the millennium). All…"
8 hours ago
Jesse V. replied to Monte Zane's discussion 'Can anyone tell me recent amounts of $igning Bonus/Consideration per acre in Tioga County, PA?'
"I find it very hard to believe that anyone in Tioga County would group up with Jackie Root again. Doesn't anyone recall her signing thousands of acres in Tioga Co. and then going and working for the company she handed all those leases to. Not…"
8 hours ago
Joseph-Ohio replied to Jesse Drang's discussion 'OPEC - the ultimate beat down?'
"Thanks for your read / insight JS. I say bring on the less expensive oil (and transition to natural gas domestically). That to me would amount to a 'domestic energy plan' (in step with T. Boone Pickens natural gas perspectives). My vote…"
8 hours ago
Jack Straw replied to Frank Walker's discussion 'Jackass "science" - Here is what we're up against'
"RE: "Perhaps 97% of scientists are not in agreement with the idea that man is contributing to climate change. Maybe it's only 90 or 95%." Maybe it is only 15% or 10%   .... however one thing is certain, the number of…"
9 hours ago
OIL FINGER replied to Keith Mauck (Site Publisher)'s discussion 'How low will oil go?'
"OIL WILL BE @ $69.00 BY CHRISTMAS...AND THE GROUND HOG WILL SEE HIS SHADOW TWO DAYS EARLY BECAUSE OBOMBO WILL COME TO PENNSYLVANIA TO SPEAK ON BEHAVE OF THE ANTI-FRACKERS WHO CLAIM FRACKING IS DISRUPTING THE GROUND HOGS  REPRODUCTION.  HE…"
9 hours ago
stephen weiss replied to Frank Walker's discussion 'Jackass "science" - Here is what we're up against'
"Jack I appreciate your response, with citations. I have found, and I think you may agree, that when scientific arguments begin with name-calling ("jackass", "idiot", "lies", "evil") little is accomplished.…"
9 hours ago
 
 
 

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