Comment

Comment by Adrienne Baker on September 28, 2011 at 4:03pm

Census stats say that there are 403 square miles in Harrison County and conveniently, 640 acres = 1 mile. So to utilize all the land in Harrison County would require 400 wells... No new permits to drill, right? What do you all think about the future of wells in this county? Seems that just because you lease doesn't mean you'll ever see a royalty.

Comment by Dan on September 28, 2011 at 9:30am

Those numbers are huge for the Buell well.  The ODNR report states that the initial production for the Buell well was 6.1 MMcfd gas and 59 bpd liquids.  I thought initial production was supposed to be a high number, with actual starting production much lower and continuing lower following a decreasing production curve over time.  Now Chesapeake is saying that they have "achieved a peak rate" of 9.5 MMcfd and 1425 bpd.  I'm not sure how the peak rate numbers are supposed to correlate with the initial production numbers, but it's quite a difference.

Comment by Randall P King on September 28, 2011 at 8:56am

You read it here first. CHK announces production numbers.

http://www.chk.com/News/Articles/Pages/1610725.aspx

Randy

Comment by Randall P King on September 24, 2011 at 1:56pm

I was referring to the second article down by seekingalpha "McClendon pegs value...".  This site often has good current events/news. Their home page has more news of a global nature. You might want to mark it as one of your favorites.

Randy

Comment by Randall P King on September 24, 2011 at 1:51pm

Hi Sue. Let's go at it another way.

http://www.drillingahead.com/page/utica-shale-news

Randy

Comment by Sue E. Timmons on September 24, 2011 at 1:47pm

 

That link is no longer working. 

Comment by Randall P King on September 24, 2011 at 1:45pm

Here's an excellent article with alot of good info (some is a recap) that summarizes where we are today. There is also some good investment advice, if your bonus money is not spent.

http://seekingalpha.com/article295612-aubrey-mcclendon-pegs-value-o...

Randy

Comment by Peter Schueler on September 22, 2011 at 6:03pm

Thanks Finnbear, Here's the OOGEEP news release with the study links.

http://www.oogeep.org/media/pressreleases.html

Comment by Randall P King on September 22, 2011 at 9:22am

Chesapeake CEO McClendon speaks at the governor's energy symposium. Does this play compare to the Eagle Ford? Are your unleased mineral rights valuable? Sounds to me like this is the real deal.

http://finance.yahoo.com/news/McClendon-Values-Utica-Shale-bw-32388...

Randy

Comment by Finnbear on September 22, 2011 at 8:30am

Peter,

Your links are all AOL mail attachments which don't work here. You can post those files on a public website and link to them there or you Add a Discussion and upload the files with that Discussion.

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