Mercer County, PA

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Members: 289
Latest Activity: Aug 17

Discussion Forum

Mercer County is on the Back Burner! 7 Replies

Started by Elnathan Cory. Last reply by Trapper Jan 17.

Is anyone leasing right now? 1 Reply

Started by excited but worried. Last reply by Bob Rock Jul 10, 2014.

Members so far. 15 Replies

Started by Elnathan Cory. Last reply by JREwing Jul 10, 2014.

Mineral rights and land auction June 14th 2 Replies

Started by tnc. Last reply by james Jun 18, 2014.

Pennant, Bluegrass and Kinder Morgan pipelines 5 Replies

Started by JohnL. Last reply by Bob Rock May 1, 2014.

Hilcorp - Jefferson Mcghee and Jefferson Montgomery Well Sites 22 Replies

Started by Archer Man. Last reply by WTF Apr 28, 2014.

Chevron McCullough well 2 Replies

Started by Bob Rock. Last reply by Bob Rock Apr 26, 2014.

Lease offer in Jefferson Township/ Mercer County 7 Replies

Started by Brian Maj. Last reply by james Apr 14, 2014.

PA DEP Production Reports 2nd half of 2013 4 Replies

Started by JohnL. Last reply by deer spotter Mar 30, 2014.

"50 Acres of Minerals/$3K apprx. per ac." 8 Replies

Started by Ron Eiselstein. Last reply by James Brink, Esq. Feb 17, 2014.

HILCORP PA Well Production Reports

Started by JohnL Jan 15, 2014.

Found some good DETAILED maps for the Pennant Midstream pipeline 8 Replies

Started by Tyler Durden. Last reply by Tyler Durden Jan 9, 2014.

Hilcorp Property Access How do they notify you? 4 Replies

Started by Dan Scott. Last reply by Dan Scott Dec 31, 2013.

In need of an attorney that deals with pipeline agreements. 4 Replies

Started by Tracy. Last reply by Dan Scott Dec 29, 2013.

Hilcorp or Chevron - Unit Declaration and/or Division Orders 2 Replies

Started by Archer Man. Last reply by Archer Man Dec 28, 2013.

Comment Wall


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Comment by JohnL on August 15, 2015 at 2:21pm
The rig moved to the Wengerd pad. Supposedly 11 more pilot holes were drilled there.
Comment by RKB on August 14, 2015 at 8:36pm

Hilcorp is fracking the james wells now the rig is gone someplace else looking like it really may be 3 years till it heats up again

Comment by Bob Rock on July 3, 2015 at 8:10pm
Hilcorp is fracking the Christiania well in Pulaski. Pretty quiet others wise.
Comment by JohnL on July 2, 2015 at 8:38pm
Bob, I'm not aware of either happening in Mercer County. The only activity is in Lackawannock TWP and maybe Pulaski area. There's still some leasing going on with Hilcorp/Chevron.
Comment by Bob Rock on July 2, 2015 at 7:39pm
Any pads being built?
Comment by Bob Rock on July 1, 2015 at 8:31pm

Any pipeline going into the ground anywhere?

Comment by JohnL on June 20, 2015 at 10:45pm
Kinder Morgan April 15th quarterly report mentioned the following.

Work on TGP’s fully subscribed 500,000 Dth/d Utica Backhaul Project is nearing completion, with final modifications to compressor stations on the TGP Line 500 system and pipeline upgrading slated to be completed by the third quarter of 2015. Initial capacity sales began April 1, 2014. The project provides firm transportation service for Marcellus and Utica production from receipt points as far north as Mercer, Pennsylvania, for delivery to multiple Gulf Coast delivery points. The estimated capital expenditure for the project is approximately $203 million.
Comment by Bob Rock on June 13, 2015 at 1:42pm

Thanks for info JREwing

Comment by Jim Litwinowicz on June 11, 2015 at 8:44am

1.4B for a 20% interest values the leasehold at 7B.   If this is a corrected recording from 2014, I am assuming that this is figured at 2014 nat gas prices which were a bit higher than current.

Comment by JREwing on June 11, 2015 at 8:20am

The 253 page O/G Lease Assignment between Hilcorp and Carlyle recorded on 5/29/15 looks like the same document recorded on 04/28/14.  A 20% undivided interest purchased by Carlyle from Hilcorp im Mercer County's leaseholds.  I will try to find out more info.  Might have just been a "corrected" recording.  The other thing that I hadn't seen previously was a (get this) $1,400,000,000.00 mortgage recorded on 07/28/14 between Carlyle and J.P. Morgan Chase secured by the O/G leases.  Man, that's some real money there.  Yes, that's Billion with a B.  Wow.


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