Forum

When Ohio production figures?

Started by Robert Bond in General Shale Discussions 51 minutes ago.

Natural Gas Prices & Deductions 1 Reply

Started by john goodday in General Shale Discussions. Last reply by JK 59 minutes ago.

Division Order from Rice Energy 2 Replies

Started by Gunner Ostergard in General Shale Discussions. Last reply by Ron Hale 1 hour ago.

Future royalties/decline rate....something to ponder 10 Replies

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

Goodwin GU Wells 4 Replies

Started by Larry K. O'Dell in General Shale Discussions. Last reply by Larry K. O'Dell 3 hours ago.

Bank acts suspicious....so funny! 15 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Frank Walker 4 hours ago.

Anti-Drilling Gun Shooting at Well Site? 16 Replies

Started by D L T in General Shale Discussions. Last reply by Jacob Fewx 8 hours ago.

Bush Royalty LP Butler county Pa., Center twp 3 Replies

Started by Robert Allingham in General Shale Discussions. Last reply by Janice L. Hancharick 10 hours ago.

Is production being choked back 2 Replies

Started by Jim White in General Shale Discussions. Last reply by Janice L. Hancharick 10 hours ago.

Antero lease offer 17 Replies

Started by Mark in General Shale Discussions. Last reply by Janice L. Hancharick 10 hours ago.

option to extend lease with gas company 29 Replies

Started by kit in General Shale Discussions. Last reply by dennis elias 12 hours ago.

Chesapeake....what happened? 7 Replies

Started by Zack Jameson in General Shale Discussions. Last reply by Joseph-Ohio 13 hours ago.

Antero Wanting to Top Lease 5 Replies

Started by brandon in General Shale Discussions. Last reply by Robert Bauer yesterday.

HELP- new renewal Range Resource lease offered 43 Replies

Started by Terri Betts in General Shale Discussions. Last reply by Terri Betts yesterday.

Does anyone have any tips for buying an oil/gas lease? 19 Replies

Started by Kim S. in General Shale Discussions. Last reply by Bill Bergseid yesterday.

Oil gas rights vs mineral rights 23 Replies

Started by Ralph cramdon in General Shale Discussions. Last reply by Dott on Sunday.

Eminent Domain Mineral Rights given Back to LandOwners? 12 Replies

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

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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

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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

Robert Bond posted a discussion

When Ohio production figures?

When will Ohio release 1st quarter 2015 production figures.  I know they release the Utica figures, are the Clinton figures now done quarterly as well?See More
51 minutes ago
JK replied to john goodday's discussion 'Natural Gas Prices & Deductions'
"Just received the first check from South West since their buying our wells in WV in January 2015. Funny thing is the check statement has zero description on what we were paid for. They are insisting on us going online to view details. Beginning of a…"
59 minutes ago
Ron Hale replied to Gunner Ostergard's discussion 'Division Order from Rice Energy'
"Buck Well 1H & 6H landowners received their Division Order in June 2014 then we received the Chesapeake Royalty Theft, I mean Royalty Statement in July. "
1 hour ago
Ron Hale replied to Zack Jameson's discussion 'Future royalties/decline rate....something to ponder'
"Zack,       Here is the typical decline curve (hypothetical example) that you'll see in well production which will match royalties if your produce doesn't get…"
1 hour ago
bo boboski replied to TM's discussion 'Chesapeake Parker Well' in the group Tuscarawas County, OH
"Any new news on the Parker well/s. I heard thru a third party that a landowner in the unit was told CHK. plans on 7 wells on that pad. They must be happy with the results of the 1st lateral!. the 3h ,or 2nd well, should be about ready for…"
1 hour ago
Philip Thackray replied to Zack Jameson's discussion 'Future royalties/decline rate....something to ponder'
"EQT decline curves"
2 hours ago
Kyle Nuttall replied to Tim's discussion 'Current activity' in the group Upshur County, WV
"There is very little development going on here right now.  I only see a couple of landmen at the record room when I'm there.  I also don't see very many water trucks or other rigs moving around.  I also haven't seen a…"
3 hours ago
Joseph-Ohio replied to Zack Jameson's discussion 'Future royalties/decline rate....something to ponder'
"Mike, How much of it is decline vs. management (choking back) ? Why produce it and store it, waiting for prices to rise from SA dumping so much production on the world ? It can stay in the ground as a raw natural resource and be stored for no…"
3 hours ago
john goodday posted a discussion

Natural Gas Prices & Deductions

Would the forum members please share current natural gas prices as reflected in your royalty checks as well as deductions taken out by the operator?  See More
3 hours ago
wyalusing jim replied to Zack Jameson's discussion 'Future royalties/decline rate....something to ponder'
"agreed frank, the answer to this question depends to a great extent on the quality of the shale. I don't think that refracs will be common in low quality shale either, it's purely economics again. but remember, Utica aside (which is still…"
3 hours ago
Larry K. O'Dell replied to Larry K. O'Dell's discussion 'Goodwin GU Wells'
"Ron, I do remember you but had no idea you were the same person, I thought it was just another person with the same name.  I thought that Joe's boys inherited his entire interest in the mineral rights.  I know that they are receiving…"
3 hours ago
mlb replied to Mtn Jack's discussion 'Long time waiting!' in the group Beaver County, PA
"That division order came mid april and they told me via email that payment is normally the following month about mid month.  So will see. That is good news about the drilling.  I know lots of leases expire in 2016, maybe some in 2015 that…"
3 hours ago
Tim added a discussion to the group Barbour County, WV
Thumbnail

activity in Barbour

Hi All,Anything new in Barbour, or has the county remained quiet during this latest downturn?See More
3 hours ago
Frank Walker replied to Zack Jameson's discussion 'Bank acts suspicious....so funny!'
"Agreed.  Having cash money today is akin to painting a bulls-eye on your back.  And that includes even sums well below $10K.  It is best to avoid such things. Incidentally, pursuant to events of 9/11/2001, and for anyone unaware: The…"
4 hours ago
Tim added a discussion to the group Upshur County, WV
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Current activity

Good day, Is there any current activity in Upshur county?  Leasing, drilling, mineral rights transactions?Or is county very quiet?See More
4 hours ago
patrick replied to Zack Jameson's discussion 'Bank acts suspicious....so funny!'
"Be careful the Feds have been known to freeze bank accounts. Some folks in Mi. had a diner and deposited numerous deposits of  money just under ten k because that was all they were insured for. Feds came in and frooze their accounts.Took a…"
4 hours ago
 
 
 

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