Forum

"Independent Drillers Moving into Columbiana" 23 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Jacob Kampfer 12 minutes ago.

Is Forced Pooling being used to get around old gas lease limitations? 9 Replies

Started by Philip Brutz in General Shale Discussions. Last reply by Joseph-Ohio 14 minutes ago.

Utica Fastest Growing Shale Play 7 Replies

Started by Jim Litwinowicz in General Shale Discussions. Last reply by Dexter Green 30 minutes ago.

Owner decimal interests 2 Replies

Started by beth hamm in General Shale Discussions. Last reply by Zack Smith, Geologist/Appraiser 53 minutes ago.

dry gas/wet gas 3 Replies

Started by Katie in General Shale Discussions. Last reply by JK 1 hour ago.

Independent Drillers Moving into Columbiana 4 Replies

Started by Hopeful Person in General Shale Discussions. Last reply by Hopeful Person 10 hours ago.

Halcon 1 Reply

Started by Mark McGrail in General Shale Discussions. Last reply by Dexter Green 11 hours ago.

Freeland Unit in Tyler 3 Replies

Started by Jim White in General Shale Discussions. Last reply by Nancy Mosley 12 hours ago.

State Forest Land

Started by beth hamm in General Shale Discussions 12 hours ago.

"Columbiana Gearing Up for Massive Drilling" 7 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Joseph-Ohio 14 hours ago.

Revised lease 38 Replies

Started by Mary Schultz Price in General Shale Discussions. Last reply by Mary Schultz Price 14 hours ago.

Jack's Picks VI 52 Replies

Started by Jack Straw in General Shale Discussions. Last reply by Jack Straw 16 hours ago.

Trebilcock Well 3 Replies

Started by CraneMAN_69 in General Shale Discussions. Last reply by Alan Bowers 17 hours ago.

"Hilcorp 47 wells/Northern Utica this year" 6 Replies

Started by Ron Eiselstein in General Shale Discussions. Last reply by Trapper 23 hours ago.

American Energy Partners MidStream McClendon 12 Replies

Started by adam sorell in General Shale Discussions. Last reply by Thomas Malcolm Pendergast 23 hours ago.

Northern Utica Not Yet a Bust 8 Replies

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

"The Utica is so Valuable they surround it with Lies" 14 Replies

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

carrizo brown 1H 6 Replies

Started by roy cartwright in General Shale Discussions. Last reply by Philip Brutz yesterday.

Blog Posts

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

E&P Companies Like Ohio for More than Just Geological Reasons

Drillers like Ohio for more than just geological reasons. Ohio is ideally located to take advantage of development and commercial networks in both the Midwest and on a national scale. Ohio is within 600 miles of 60% of the US population and more than half of the Canadian population. It has considerable existing infrastructure and one of the most favorable tax/business climates in America. Ohio has zero tax on inventory or corporate income, no tax on investments for inventory or equipment, no…

Continue

Posted by John H on June 22, 2014 at 4:07pm — 4 Comments

Why the Pt. Pleasant is Key to Utica Production

 

The Point Pleasant formation has been described as marking the end of Middle Ordovician time.  The Ordovician Period is characterized as the greatest submergence of the North American plate because shallow seas covered such an extensive area, including all of Ohio.  In this environment, the Acadian mountain-building event occurred whereby sediments high in kerogen were shed from the highlands into a somewhat enclosed basin,…

Continue

Posted by John H on April 1, 2014 at 7:30pm — 2 Comments

Events

September 16

Tuesday

October 28

Tuesday

Latest Activity

Joe Cook replied to Darlene Newton's discussion 'Help Pass Bill HB 1684' in the group Clearfield County, PA
"Darlene,   What was the final outcome on this bill?   Joe  "
23 seconds ago
Charles replied to Todd's discussion 'Range Resources Leasing Activity and Areas of Interest' in the group Beaver County, PA
"All  -   Question   Which is better to get on lease 17% Gross at the well head or 17% Net,  minus production deductions?  I was offered the gross from Range when I told them I did not want to pay for any production…"
7 minutes ago
Jacob Kampfer replied to Ron Eiselstein's discussion '"Independent Drillers Moving into Columbiana"'
"I know a lot of people down here in Lisbon ( including myself) are leased with dps penn/ Chesapeake. I would imagine a lot of there leases will be sold to Hilcorp in the near future"
12 minutes ago
Joseph-Ohio replied to Philip Brutz's discussion 'Is Forced Pooling being used to get around old gas lease limitations?'
"OK  - in the Matt Kramer instance that is outlined in this post - I got that. But generally, in a bonafide Forced Pooling / Forced Unitization circumstance (other than detailed in rhe Matt Kramer instance above) do I have all of the other…"
14 minutes ago
Dexter Green replied to Ron Eiselstein's discussion '"Independent Drillers Moving into Columbiana"'
"Are all of the people along their pipeline unleased?  Because if so then these guys aren't real smart. "
27 minutes ago
Dexter Green replied to Jim Litwinowicz's discussion 'Utica Fastest Growing Shale Play'
"The last time someone called Ohio's Trenton Limestone "prolific" was during the Cleveland administration.  ; )"
30 minutes ago
Ron Eiselstein replied to Ron Eiselstein's discussion '"Independent Drillers Moving into Columbiana"'
"You heard it here first. Could hilcorp now with an infusion of fresh cash start a massive lease phase to complete and drill along it's pipeline?"
35 minutes ago
Dexter Green replied to Philip Brutz's discussion 'Is Forced Pooling being used to get around old gas lease limitations?'
""Forced Unitization. Forced Pooling. Still being Forced." Not exactly.  This is a scenario where there was a lease in place, which means nobody is being forced to do anything but live up to their end of the contract.  If you…"
36 minutes ago
Zack Smith, Geologist/Appraiser replied to beth hamm's discussion 'Owner decimal interests'
"The companies frequently subtract "marketing expenses" prior to reporting "their" interest. It is impossible to know if you're being paid fairly without an audit, which can be very complicated. Each company can also pay you…"
53 minutes ago
Joseph-Ohio replied to Philip Brutz's discussion 'Is Forced Pooling being used to get around old gas lease limitations?'
"Permalink Reply by Joseph-Ohio 19 minutes ago Delete Looks to me like : Scenario 1) Force Pooled without a well development would pay the landowner a prevailing lease agreement (which probably would pay the landowner a signing bonus). Scenario 2)…"
1 hour ago
JK replied to Katie's discussion 'dry gas/wet gas'
"Great descriptions Jack.. Where is the oil in this? I was under the impression wet gas meant a combination of gases and oil. Thanks"
1 hour ago
Philip Brutz replied to Philip Brutz's discussion 'Is Forced Pooling being used to get around old gas lease limitations?'
"This does show that they are willing to pay competitive bonuses and royalties to fix problems with old leases.  landowners with old leases should holdout and not sign addendums for a few hundred dollars. "
1 hour ago
Joseph-Ohio replied to Philip Brutz's discussion 'Is Forced Pooling being used to get around old gas lease limitations?'
"I see six (6) Scenarios : 1) Force Pooled without a well development 2) Force Pooled with a well development 3) Force Unitized without a well development 4) Force Unitized with a well development 5) Force Pooled and Force Unitized without a well…"
2 hours ago
Trapper replied to Jim Litwinowicz's discussion 'Utica Fastest Growing Shale Play'
"And here in PA."
2 hours ago
Joseph-Ohio replied to Philip Brutz's discussion 'Is Forced Pooling being used to get around old gas lease limitations?'
"Forced Unitization. Forced Pooling. Still being Forced. Kindly explain the differences."
3 hours ago
James Vanderink replied to Jim Litwinowicz's discussion 'Utica Fastest Growing Shale Play'
"Boda Limestone..... just below the EagleFord. Kind of sounds the prolific Trenton Limestone here in Ohio."
4 hours ago
 
 
 

Local Groups

advertisements