Replies to This Discussion

Permalink Reply by marylou handzo on June 25, 2010 at 2:56pm

Rob,

We are close to that area and have heard some rumors about some geological issues. Where are you exactly.



mc

Permalink Reply by Rob Thompson on June 28, 2010 at 8:50am

I'm in Franklindale.

Permalink Reply by marylou handzo on June 28, 2010 at 7:32pm

rob,
You should be getting offers of $5000 to $6000. You can email if you like and we can trade info

[email protected]

Permalink Reply by Frank Walker on June 26, 2010 at 1:21pm

That's pretty funny. I've never heard of the "Towanda Thrust". I could possibly believe about it, though. But never from the lips of ANY land man. Now, an independent geologist with nothing to gain or lose . . . . OK, maybe.

If there is a thrust fault underlying your land they probably won't want to lease you at all. There is so much prospective, unfaulted, land around, and drilling costs a LOT of money, so why drill you?

But if the landman still wants to lease you, then he or she is most likely just running your place down to scare you and get you to lease on the cheap. Heck, that is what they DO!!

Permalink Reply by NY Gas Rights on May 25, 2011 at 2:00am

Rob, Salt is not an issue in the Marcellus formation because of the way it was formed 390 million years ago. Faulting in your area could be a problem. There are a few areas in the marcellus that have geological issues and have ended leasing in those townships.

 

Ask the landman to prove there is a salt issue or tell him to have his crewchief call you with the facts.

Permalink Reply by anita wicklund on May 29, 2013 at 9:29pm

We live in Franklindale too. Our five year lease with CPK expired.  They offered a 2  year extension at half the value.  How would we know if we are in an area with faulting?  They had  the seismic testing and still offered this on the lease  so I don't know what to think.

Permalink Reply by anita wicklund on May 30, 2013 at 8:02pm

I didn't realize this thread was so old.. sorry..

but that doesn't change my question... I think we are about the only people in Bradford county ready to pack it in and just sell our natural gas rights...The only thing I can figure out is that we are right on top of one of those faults..