Comment

Comment by Finnbear on October 10, 2011 at 6:52pm

scott,

Are you part of a drilling unit that is already in production?

Comment by scott jackovitch on October 10, 2011 at 6:29pm

I have been contacted by Pinnacle energy concerning selling them my royalty percentage. They are wanting to purchase all or some of the acreage for a 5 year term . I thought the offer was ridiculously low. Have any of you been contacted by them ?

 

Comment by Randall P King on October 6, 2011 at 12:57pm

Some interesting reading if you have the time. And it's good to see Kelly surface again.

http://blogs.forbes.com/christopherhelman/

Randy

Comment by JT on October 6, 2011 at 6:31am

Wonder how long it will take for the offers to reach this amount in Harrison and Carroll county...

Kenneth L. Balliet, a forestry and business management educator with the Penn  State Cooperative Extension, recently took a trip to Fort Worth to see the  economic impacts of those deposits. He said leases are being signed for $18,000  per acre in areas where production has proven strong.


Read more: http://www.timesleader.com/news/hottopics/shale#ixzz1ZzpTtsL0

 

Comment by rob on October 5, 2011 at 12:31pm

B careful of kenyon. Lots of calls and offers but paperwork to review never shows up in the mail.

Comment by scott jackovitch on October 5, 2011 at 6:33am

Thanks Dan.

Comment by Kathleen Dawson on October 4, 2011 at 7:10pm

Would like to hear from anyone who had dealings with a Mark Young from Kenyon, supposedly in charge of German Township Area.

Comment by Dan on October 4, 2011 at 6:59am

Yes, we have the Upper Devonian here.  The Devonian is really just the name of a large geologic section associated with a certain period of geologic history, rather than a specific layer of shale.  The Marcellus is included in the Devonian, but is considered to be in the Middle Devonian.  Below the Devonian is the Silurian, and below that is the Ordovician, where we find the Utica Shale.  The diagram below shows the Devonian in eastern Ohio.

You can see that the Upper Devonian includes many shale and sandstone formations, such as the tried and true Berea Sandstone and Shale.  The point I want to make is that for Range Resources to say they are drilling in the Upper Denovian isn't really saying anything specific.  Which shale are they actually targeting?  Maybe they want to keep that a secret for now.  It is interesting to contemplate that there may be several other unconventional shales with gas and oil to be extracted besides just the Utica and Marcellus. If you are interested in seeing the full Ohio full bedrock map you can click here.

Comment by Finnbear on October 3, 2011 at 10:13pm

scott,

I wondered the same about Belmont County. Somewhere I think I have seen a stratigraphic map of these different layers showing what is in SE OH but I can't come up with it right now. It would be fantastic if this could be developed for the Utica and then later for the Upper Devonian. It could produce an income stream for generations for landowners.

Comment by scott jackovitch on October 3, 2011 at 4:19pm

I just read an article about The Upper Devonian Shale . Range Resources has drilled into it in PA and feel pretty good about it. I assume we have it here in Eastern Ohio as well.Has anyone heard or looked into the possibilities of what we might have with this layer of Shale here in Harrison ?

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