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Richwood Run & Fallen Timber

Started by Marcus Huey in General Shale Discussions 44 minutes ago.

Rose Run sandstone 9 Replies

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

Sale of a Portion of Oil & Gas Rights 3 Replies

Started by Patricia Moss in General Shale Discussions. Last reply by Ron Hale 1 hour ago.

Royality 7 Replies

Started by Carol Joan Chancey in General Shale Discussions. Last reply by Ron Hale 1 hour ago.

questions regarding the trenton 3 Replies

Started by jason irvine in General Shale Discussions. Last reply by Robert Alexander 2 hours ago.

Continental Resources in Tioga Cty, PA 2 Replies

Started by Charles Randolph in General Shale Discussions. Last reply by Charles Randolph 2 hours ago.

Northern Utica Play: Goat Pasture or Uncut Diamond ... 251 Replies

Started by Jesse Drang in General Shale Discussions. Last reply by Joseph-Ohio 3 hours ago.

Trenton Limestone 13 Replies

Started by Bob in General Shale Discussions. Last reply by jason irvine 4 hours ago.

Current Tioga County lease offers 38 Replies

Started by Robin Lynn in General Shale Discussions. Last reply by Frank Walker 5 hours ago.

mechanic's lien 2 Replies

Started by jgolf99 in General Shale Discussions. Last reply by Jack Straw 7 hours ago.

Division order acarage does not match 36 Replies

Started by Brian Lodge in General Shale Discussions. Last reply by Dave Rose 8 hours ago.

any drilling in green county pa.yet 1 Reply

Started by timothy e james in General Shale Discussions. Last reply by jason irvine 10 hours ago.

Donut Holes 11 Replies

Started by bo boboski in General Shale Discussions. Last reply by Philip Brutz 10 hours ago.

Devon Energy wells 5 Replies

Started by James Vanderink in General Shale Discussions. Last reply by Bluejack Farms 13 hours ago.

Royalties without deduction 8 Replies

Started by John Horning in General Shale Discussions. Last reply by Frank Walker 14 hours ago.

CHK agreement to allow reassignment of lease 8 Replies

Started by S S C in General Shale Discussions. Last reply by Ned Schneebly 23 hours ago.

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…

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Posted by John H on June 8, 2014 at 4:30pm — 1 Comment

Events

Latest Activity

Marcus Huey posted a discussion

Richwood Run & Fallen Timber

My family has received 4 royalty checks from two well pads between Richwood Run and Fallen Timber.  The first check paid $4.88 for the NG, nothing for the NGLs and the gas company kept 8% for "Deducts".The fourth, and most recent, check paid $2.80…See More
44 minutes ago
Ron Hale replied to Patricia Moss's discussion 'Sale of a Portion of Oil & Gas Rights'
"Patricia,     Pick up some oil & gas free magazines and see who is advertising for purchasing a portion of minerals. Also watch your mailbox, most of us are getting flyers to help take the burden of potential wealth off of our…"
1 hour ago
Ron Hale replied to Carol Joan Chancey's discussion 'Royality'
"Tim,   I couldn't have said it better myself.  Thanks.  Ron Hale"
1 hour ago
Carol Joan Chancey replied to Carol Joan Chancey's discussion 'Royality'
"Do you know of anyone in the lease business who could do us better?"
2 hours ago
BA replied to BA's discussion 'Jay Twp Fracking Moratorium Discussed, Elk County, PA'
"Now, that is interesting. Has anybody heard any updates on what the DEP determined? Naturally, ElkCountyC.A.R.E.S. jumped on that one even before it was determined as to what was actually causing the aluminum problem. I read that aluminum and…"
2 hours ago
patrick replied to Rick's discussion 'Rose Run sandstone'
"Did well the first few years but now is production less then  a tenth of what it did the first year. Nearly all royalties are from the gas , very  little oil"
2 hours ago
Timothy M. Greene replied to Carol Joan Chancey's discussion 'Royality'
"Please don't sign anything for $20 an acre and 12.5 percent royalty Tim Greene"
2 hours ago
Robert Alexander replied to jason irvine's discussion 'questions regarding the trenton'
"Nice map..Black River is what I heard  seismic testing will be done for..thanks"
2 hours ago
Terry giuliani replied to The Hiker's discussion 'Aubrey shears off well head. Gas heard escaping two miles away. Mandatory evacuations in place.'
"It sounded like a jet landed in my back yard and sat there all night. I think 2 of the 3 wells are drilled. I'm probably a mile away, thank god for the rain that night."
2 hours ago
James Vanderink replied to jason irvine's discussion 'questions regarding the trenton'
"  Hybrid Unconventional Resource.  There are many potential target zones."
2 hours ago
Charles Randolph replied to Charles Randolph's discussion 'Continental Resources in Tioga Cty, PA'
"That's what I tried to determine with certainty from Chris who reported the recent lease offer, but he didn't respond ((( Maybe this post will bring out further details."
2 hours ago
BA replied to jb379's discussion 'Any current activity in Elk?' in the group Elk County, PA
"That's interesting info, deer spotter. I hope it doesn't come to that, but is good to know. I can understand people being cautious about their water. It's just that the concern should be based on some actual facts. And what does the…"
3 hours ago
James Vanderink replied to Rick's discussion 'Rose Run sandstone'
"Im your  man Rick. I love to talk other future targets. Interesting that this well will log the Conasauga in Morgan Twsp.  http://apps.ohiodnr.gov/mineral/oil/MRMImages/1/51/309616.pdf"
3 hours ago
JohnL commented on Elnathan Cory's group 'Mercer County, PA'
"Looks like Shell has other plans for it's Mercer County leases. What formation are they drilling "deeper"? 1048911 Permit number: 085-24652 Site: SHANNON ESX Client: SWEPI LP Authorization type: Drill & Operate Well Permit Drill…"
3 hours ago
Nancy Mosley replied to Carol Joan Chancey's discussion 'Royality' in the group Roane County, WV
"I don't know the answer, but maybe somebody will have an idea. It is always a good idea to get an attorney to help with leases (I learned the hard way!) I use Kyle Nuttall, a member of this forum."
3 hours ago
Carol Joan Chancey replied to Carol Joan Chancey's discussion 'Royality'
"Thank you I just joined and posted..."
3 hours ago
 
 
 

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