I am in Liberty township and a few months ago got an offer to buy my royalties for 1500 to 1800 per acre, but they would do a more in-depth look if I was serious which "mite change the numbers" slightly....even tho I am not drilled or receiving any royalties ..talked to a landsman rite b4 I contacted them and he advised caution as there will be "significant" activity in my area in the "near future"....how about it, anybody else get an offer or hear anything or see any activity here in Tioga Co. ?
These production figures look pretty good for Marcellus wells in that part of the county. Better than the older wells when they started out, I believe. One key question is how low was Shell able to get their costs by drilling and completing 8 wells on a pad at the same time. No amount of production is enough if the operator isn't making money! But I'm certainly more optimistic than I was given these initial results.
Big news for the county. Eclipse has acquired Travis Peak's PA holdings and associated Cardinal Midstream pipeline assets. With a number of pad permits active and an active well permit which expires next year, the area should see an immediate uptick in activity. See the link below
Thanks for the Info!