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Harrison County, OH

The Harrison County's picture is of Scio, Ohio circa 1898 and represents the boom of days past. This site is dedicated to the sharing of information with all concerned in oil and gas leasing in Harrison County today. Join us and prosper. Please join this group to participate.

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lease renewal in harrison co.

Started by ray schmidt. Last reply by Al Cramblett yesterday. 48 Replies

Most Recent Leasing in Harrison County?

Started by Jibjab. Last reply by Chris Shaleman yesterday. 15 Replies

Harrison Permits for Dec

Started by Keith Mauck (Site Publisher) Jan 9. 0 Replies

Buell well numbers continued

Started by william. Last reply by Shower Bath Dec 21, 2017. 26 Replies

Sadie Pad site

Started by Marcia Davis. Last reply by clyde vanhoose Nov 16, 2017. 9 Replies

Companies looking at Harrison County for new plant

Started by Keith Mauck (Site Publisher). Last reply by Kyle Nuttall Feb 22, 2016. 4 Replies

Laydown area

Started by clyde vanhoose. Last reply by clyde vanhoose Feb 18, 2016. 2 Replies

New well pad on Hanover Ridge Jewett Oh

Started by clyde vanhoose. Last reply by clyde vanhoose Nov 7, 2015. 16 Replies

Wellington Leases in Cadiz area

Started by Gusher. Last reply by earl miller Sep 19, 2015. 1 Reply

moravian trail

Started by ray schmidt. Last reply by Gas Man Jul 27, 2015. 6 Replies

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Comment by Al Cramblett yesterday

Shower Bath, Thanks for the Gulfport update.

Comment by Shower Bath yesterday

With the link below, click on News at the top of the page to see the info and presentation.

Comment by Shower Bath yesterday

The attached link will take you to Gulfport's Q4 and 2017 results along with their latest slide presentation. They are planning to run only two rigs in the play in 2018, and they will be in the eastern dry gas window. Don't look for them to be back to Harrison County for some time, as they are only drilling dry gas wells.  https://www.gulfportenergy.com/news/presentation

Comment by Shower Bath on February 6, 2018 at 5:52pm

The northern half of Harrison County is dominated by Chesapeake operations. Although their drilling has slowed to a standstill, they are still completing their DUCS and placing them in sales. They are also still pulling new permits for future wells. Today they released their 4th qtr. production press release.

https://seekingalpha.com/pr/17067287-chesapeake-energy-corporation-...

Comment by Peter Schueler on February 4, 2018 at 5:12pm

Shower Bath ,Thanks for the Eclipse presentation. They are clearly a sharp group willing to push the technology frontier, focus on high potential areas and employ creative transportation, processing and marketing methods. They have one township in Harrison County (Stock) with more than 2000 leased acres per page 54 of the presentation. I don't know how well they pay their royalties but I haven't seen many negative postings. They do play hardball with lease terms according to some forum comments I've seen.

One thing that caught my attention was on page 15 of the presentation, valuation of their leased acreage assuming a 30% IRR. This valuation runs from $8,000 (wet) to 15,000(dry) per acre for a 10,000 foot lateral based on current O&G prices. They're trying to convince investors  to buy their stock because it's only valued at only about $5500 by the market. This is good negotiating information for landowners when talking signing bonus.

Comment by Shower Bath on February 3, 2018 at 3:09pm

If you are leased by Eclipse, or in one of their drilling units, you may find this presentation interesting.

https://seekingalpha.com/article/4142262-eclipse-resources-ecr-inve...

Comment by stevo on February 2, 2018 at 1:07pm

Was wodering if anybody had any information on the Hartley well off 151 near Amos road? I had heard they are waiting for the pipeline to get to them before fracking. 

Comment by Shower Bath on January 30, 2018 at 12:13pm

Today, Gulfport posted their 4th qtr. releases and latest corporate presentation. Their Utica focus remains in the Dry Gas southern counties for 2018.

https://www.gulfportenergy.com/news/press-releases/detail/1324/gulf...

Comment by Shower Bath on January 27, 2018 at 8:11pm

Thanks Al. I'll resume posting relevant articles when  I see them. My personal guess is that Brent will hit $75 before pausing and WTI will pause at $70, but Brent could reach $80 by the end of the year. Maybe more importantly the amount of gas in storage is going to end the season at very low levels, which might support $4 MCF for nat. gas. Here's hoping that the royalties keep rising for all of us.

Comment by Al Cramblett on January 27, 2018 at 2:16pm

Shower Bath, You're the one who has been doing most of the "heavy lifting" on this site for some time.  I commend you for your posts!  

I just checked the price of crude which is now north of $66 a barrel.  My royalty payments have more than doubled over the past 3 months. I believe the price of oil will continue to increase to $80 at which point there will be resistance. The impending Saudi Arabia IPO is the major dynamic controlling  oil prices currently.

 

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River Basin Commissions Receive A Dose of Healthy Skepticism

Posted by Thomas J Shepstone on February 23, 2018 at 9:19am 0 Comments

Two river basin commissions operate in Pennsylvania; the Delaware (DRBC) and Susquehanna (SRBC) today. Both are now receiving a healthy dose of skepticism.

Yesterday, two more sham DRBC hearings were hold in…

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