Forum

Tax on the sale of leases 7 Replies

Started by William P.Milchak in General Shale Discussions. Last reply by Ruth Krull 30 minutes ago.

what is the going rate for pipeline easements. 6 Replies

Started by clyde vanhoose in General Shale Discussions. Last reply by Janice L. Hancharick 44 minutes ago.

A New Effort on GMS: A Mineral Sales Survey 5 Replies

Started by Keith Mauck (Site Publisher) in General Shale Discussions. Last reply by DMS 50 minutes ago.

Meter/valve site for Rover.....what's it worth? 5 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by danny 1 hour ago.

abandonment clause/ to be or not to be? 4 Replies

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

Property in 2 units 44 Replies

Started by Mlmc3475 in General Shale Discussions. Last reply by Joseph-Ohio 19 hours ago.

Beaver County Renewal 19 Replies

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

wells are being shut in 20 Replies

Started by bobt in General Shale Discussions. Last reply by Janice L. Hancharick yesterday.

REX ENERGY Q&A 39 Replies

Started by Trapper in General Shale Discussions. Last reply by Philip Thackray yesterday.

Noble County, west of I77 Belle Valley area 5 Replies

Started by jc smith in General Shale Discussions. Last reply by Joseph-Ohio on Saturday.

Sudden reduction in royalty check 9 Replies

Started by robert c miller in General Shale Discussions. Last reply by robert c miller on Saturday.

Keystone Clearwater Pipeline

Started by Mother in General Shale Discussions on Saturday.

All my land is "taken over" by the oil and gas industry. 9 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by rmc on Saturday.

The price of natural gas is increasing....is 4.00 dollars in sight? 13 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Kyle Nuttall on Friday.

Belmont County Ohio to get Cracker ??????? 11 Replies

Started by searcherone in General Shale Discussions. Last reply by searcherone on Thursday.

Total investigating Chesapeake 36 Replies

Started by Jim Lawrence in General Shale Discussions. Last reply by Jeff Kerr on Thursday.

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,…

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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

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…

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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 — 3 Comments

Events

Latest Activity

Ruth Krull replied to William P.Milchak's discussion 'Tax on the sale of leases'
"Sorry for tagging along on this question as I haven't posted on here for a long time, but have been reading.  I inherited royalties on two wells in 2002 when my aunt passed away.  In 2011, they were sold and capped so I stopped…"
30 minutes ago
Mike Stephens replied to Mike Stephens's discussion 'Lepley Well Pad Ready to go!' in the group Belmont County, OH
"There is a Rig on the Edge pad now"
39 minutes ago
Mike Stephens replied to Mike Stephens's discussion 'Lepley Well Pad Ready to go!' in the group Belmont County, OH
"Where is the Conway PAD?"
39 minutes ago
Richard Lee replied to William P.Milchak's discussion 'Tax on the sale of leases'
"I have done tax preparation for many years. You will owe capital gains tax on the difference between the sale price and your basis. The basis is what was originally paid for the property. If the property was  inherited, it is the fair…"
42 minutes ago
Janice L. Hancharick replied to clyde vanhoose's discussion 'what is the going rate for pipeline easements.'
"There are numerous firms willing to help you w/this. LPG is out of OH.  Take note of #2 under today's Top Content.  You are not alone."
44 minutes ago
DMS replied to Keith Mauck (Site Publisher)'s discussion 'A New Effort on GMS: A Mineral Sales Survey'
"Nice to see all the participation...  I look forward to the results!  Do you plan on breaking this out by location as well?"
50 minutes ago
danny replied to Zack Jameson's discussion 'Meter/valve site for Rover.....what's it worth?'
"Harrison county Blue Racer"
1 hour ago
A discussion started by Ron Hale was featured

Rice Energy Pumping Big Bucks Into Belmont County.

Shale Play – North East Ohio (shaleplayneohio.com) April 9, 2015 Headline: Rice Energy Pumping Big Bucks Into Belmont County.Rice Energy continues pumping hundreds of millions of dollars into Belmont County through production at Utica…See More
1 hour ago
Keith Mauck (Site Publisher) posted a blog post
1 hour ago
Bob Shaw replied to Zack Jameson's discussion 'Meter/valve site for Rover.....what's it worth?'
"Danny, can you say what area or pipeline this was for? "
1 hour ago
Keith Mauck (Site Publisher) shared their discussion on Twitter
1 hour ago
Keith Mauck (Site Publisher) shared their discussion on Twitter
1 hour ago
A discussion started by kit was featured

abandonment clause/ to be or not to be?

Trying to negotate a row easement for 3 lines. Gas co wont really budge on the adandoment clause. Havent signed yet because I think this is important and so does my attorney. Not really happy with the price per foot and other things they dont want…See More
2 hours ago
danny replied to Zack Jameson's discussion 'Meter/valve site for Rover.....what's it worth?'
"I strongly suggest you talk to the folks at Landowners Pipeline Group. Sharp a$$ attorneys who will get you MAX dollars and cover your butt going forward. I'm VERY satisfied with the work they did for me...I was initially offered $25 a foot for…"
2 hours ago
danny replied to clyde vanhoose's discussion 'what is the going rate for pipeline easements.'
"This is very serious business and you only have one opportunity to get it right. My suggestion is do what I did and talk to the folks at Landowners Pipeline Group. They are super sharp attorneys that will get you max dollars AND protect your…"
3 hours ago
kit replied to kit's discussion 'abandonment clause/ to be or not to be?'
"yes, our area very hot for development......the price they are offering my attn says is half of what we should be getting...50 bucks for 3 lines up front, with no abandonment clause and other basic owner protection provisions. I just don't…"
3 hours ago
 
 
 

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