Marcellus in Eastern Ohio?

Hi,

Does anyone think eastern Ohio has enough Marcellus shale to worry about when drawing up or revising a lease? I know or was told it thins out coming into eastern Ohio (columbiana county) and is there anything that in time above the Marcellus or below it that may be worth something later?
If I revise my lease I might fight to have it say only from the queenston down since right now it says all except coal, gravel, etc. but I'm not sure it's worth it and if it would be better to try and get some other change. What I have no idea yet.
Kath

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Permalink Reply by Billy Park Whyde on April 23, 2012 at 11:22am

What would this look like as a horizontal well?

WELL SUMMARY
OHIO DIVISION OF GEOLOGICAL SURVEY

Logging Co. Appalchian Well Surveys Core No. Sample No. API Well Number 34089257140000
Log Types Perforating Depth Control, Perforating, Gamma Ray-Neutron,Density, Resistivity, Caliper, Density, Spectral density, Slim hole density, Vari, Gamma Ray, Radioactivity, Neutron Permit Issued 10/6/2000
County LICKING Township UNION Quadrangle MILLERSPORT Zone S
Section 10 Lot 15 Tract Twp. Qtr.
Surface X 1997386 Y 710708 Bottom X        Y         NAD27
Surface Lon -82.509323 Lat 39.951325 Bottom Lon Lat  NAD27
Surface X 1965992 Y 710745 Bottom X Y  NAD83 SPS
Measured 1720'NL & 480'WL OF LOT 15,SEC. 10
Prop TD 4200 Class EDPW Tool RTAF
Landowner PAINTER Acres 40 Well No. 1 Date Commenced 12/4/2000
Owner HILL DAVID R INC Well No. Date Completed 12/13/2000
GL 927 DF KB 933 LTD 4170 DTD 4149 PB Depth Date PB
TD Form. ROSE RUN SANDSTONE Prod. Form. ROSE RUN SANDSTONE Status Producing
IP Natural IP AT 60 MCF & 175 BO Initial Rock Pressure Date Abandoned
Perforations PI: 4107-4125, Date: 12/22/2000, S/Ft: 36, # Shots: 36
Stimulations SI: 4107-4125, Fmtn Cd: 367020, Stim In: CS, Type: ACID, Vol: 200 Gal
Casing Record COND 12 0-120  SURF 8.625 0-629-0, Comment: 629, Sks: 160  T1 2.375 0-4101  PROD 4.5 0-4159  

Formations
Formation Top Bottom Source Prod. Non-Standard Remarks
BEREA SANDSTONE 507 529 Log No
BIG LIME 1390 2050 Log No
PACKER SHELL 2170 2184 Log No
CLINTON SAND 2192 2226 Log No
QUEENSTON FORMATION 2322 Log No
TRENTON LIMESTONE 3500 Log No
GULL RIVER FORMATION 4015 4056 Log No
ROSE RUN SANDSTONE 4056 4153 Log Yes SHOW OIL & GAS
TREMPEALEAU FORMATION 4153 Driller No


Annual Production
Year Source Oil Gas Water Remarks
2001 DMRM 43682 15674 60
2002 DMRM 34041 15757 0
2003 DMRM 30492 22110 0
2004 DMRM 29604 32955 0
2005 DMRM 29034 44124 0
2006 DMRM 25869 60218 0
2007 DMRM 18320 69397 0
2008 DMRM 14060 51233 0
2009 DMRM 11651 41212 0
2010 DMRM 9380 36306 0
Permalink Reply by Utica Shale on April 23, 2012 at 11:57am

Billy Park Whyde,

 I could not reply directly to your email ( no reply link )...

 

What would this look like as a horizontal well? ..."

 

  IF that "Painter" Rose-Run Sandstone well was drilled today, it would have generated $4.3 Million in Oil Sales in the first year. Break-Even in only about 12 months and it would generate about $22 Million Oil Sales over it's lifetime. WOW! Yes, that would be highly profitable even as a Horizontal Well. The Painter Well is the kind of well that the Marcellus drillers dream about!

 

 Ormet Well  =   8,000 barrels - 1st year (Marcellus Horz Well)

 Painter Well = 43,000 barrels - 1st year (Rose Run Sandstone well)

 

 

 

Permalink Reply by Randy on April 23, 2012 at 12:24pm
Just the kind of reply I expected. We are both making assumptions about the Marcellus in Ohio. Your's are negative, and mine are positve. Do you own land and/or mineral rights in Jefferson, Belmont, or Monroe counties? If you own land in Ohio, do you have Marcellus wells in your part of the state?
Permalink Reply by Finnbear on April 23, 2012 at 10:01pm

The Ormet well is being choked back due to lack of infrastructure. In the Appalachia MH April 2012 "Corporate Presentation" to investors, look closely at page 28 "Marcellus Operations" and the Ormet well reference.

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Permalink Reply by Finnbear on April 24, 2012 at 12:36pm

That's why I posted them. It all starts adding up when you look around a bit doesn't it?

Permalink Reply by Donna on April 24, 2012 at 2:36pm

Finn, Bill, Randy and all others who posted all the positive information on this site about the Marcellus in Eastern Ohio - THANK YOU VERY MUCH!  All of your work and knowledge has been APPRECIATED GREATLY.

Permalink Reply by Finnbear on April 12, 2012 at 8:12pm
Permalink Reply by Kathleen on April 14, 2012 at 8:31am
They replied back to my email asking for the production numbers and said they would forward it to the right department who will than get back to me. I hope they do since it will be interesting to see it.
Permalink Reply by Finnbear on April 14, 2012 at 4:56pm

Which specific wells are you looking for production numbers on? 

Permalink Reply by Utica Shale on April 16, 2012 at 9:12am

Kathleen,

 YES, when the price of Natural Gas doubles.

Permalink Reply by Kathleen on April 16, 2012 at 1:05pm
I decided and I guess it wasn't a hard decision if dps penn comes back about the unit change we will ask to reserve above the queenstone. My lawyer feels pretty strong if they won't just give in he should be able to get it for us, otherwise I may not give at all. Their production costs drop and their profits are higher so they should give us this. Every calculator shows they double their money while we stay the same if production doubles due to doubling the unit size which I know may not be the case.
Permalink Reply by Billy Park Whyde on April 23, 2012 at 5:29pm

Ya know  we are talking about formations, what we have paid notice too is the technology that could be used in other formations thus we are considering a buffet instead of  A la carte menu.  I think perhaps we that have not leased should look at multipul leases. Drill Baby suggest reserve the Queenston and above but look what might below! 

  More than one person has stated the O&G knows far more than we do, well I would hope they would  but taking advantage with that knowledge in my opinion is wrong. I posted this well which is in a cluster of about 5 or six near Hebron, Ohio just west of the town. Look at the production of those wells that were only vertically drilled in the Rose Run that is below the Queenston or Utica. Note that these did not drop off no 60% the first year! These are different wells in that cluster.

 

2002 DMRM 21114 6449 0
2003 DMRM 32077 16099 0
2004 DMRM 27966 19898 0
2005 DMRM 26296 28211 0
2006 DMRM 27785 19727 0
2007 DMRM 16559 24062 0
2008 DMRM 11629 63034 0
2009 DMRM 9049 47252 0
2010 DMRM 6600 44645

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