Is there a moratorium on Marcellus & Utica - FRAC Wells or Vertical Wells or both in NY ?
This link was left by a fellow gomarcellus user regarding the Sullivan cty. discussions. (one about EXCO)
Interesting amount per acre, right? Handkerchief anyone? We must be like a bunch of farmers chewing the curd in their eyes.
Of course you know many foreign investors are now paying much $ to get a hold of our leases...not a 'made in the USA' if the oil and gas companies keep selling lease interests to non-citizens. Those in Arab countries are also most likely among the investors...so I guess there is no getting away from ties to using Arab gas and oil if they own some of the leases in the USA.
more info at this discussion about foreign investments...
I thought I would mention the above since everyone is still thinking in the 2300-3000 range in some areas...and of course what matters is the density and availability...but really 14K per acre in some areas
of the marcellus and chevron is purchasing the lease interests from our leasees? What about us? If they will pay that much to Chief...why are we leasing for so low?
Mike and Other Blogers
What is the going rate for non-drilling parcels? Looking at parcels 5 acres and under. I am hearing 3000 to 3500. DP Penn is offering a bit less for some individuals. Can anyone give me an idea?
I am in Columbiana.
I am still trying to find a contact to sign a lease but I am not having any luck. Anyone have a contact? I am finding out that no new groups have formed.
What county is your land in?
I do not think that ALOV is still actively accepting new members.
All of the members who wanted to sign a lease did so in April.
There is no "next signing" for the ALOV group.
We had our own lease created with very specific language to best protect our familes, our water, our land and our financial interests.
How about a contact name of a representive?