Information

Venango County, PA

All things pertaining to leasing and drilling in Venango County.

Website: http://gomarcellusshale.com
Location: Venango County
Members: 207
Latest Activity: Nov 29

Discussion Forum

Seneca Resources ? 8 Replies

Started by Chris Williams. Last reply by Jo Oct 27.

Halcon in French creek township 2 Replies

Started by jay patterson. Last reply by jay patterson Aug 21.

Activity in the County (Leases, infrastrature, drilling) 235 Replies

Started by Brian. Last reply by Brian Jul 9.

New Pipeline in Southern Venango County 12 Replies

Started by Brian. Last reply by Brian Oct 20, 2013.

Halcon Operational Update for Venango, Mercer and Crawford counties 4 Replies

Started by RoughRice. Last reply by Tim Tarr Jul 5, 2013.

Pennsylvania Land Owners Upset About Gas Drilling Royalties

Started by Robert Goodfellow Jun 24, 2013.

"Allam to National Fuel Pipeline Project" 3 Replies

Started by RoughRice. Last reply by RoughRice May 29, 2013.

Good idea? New seminar series...

Started by David May 24, 2013.

Halcon - Desko 2H Well Plats

Started by Oliver Perry May 24, 2013.

Comment Wall

Comment

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Comment by Samuel J. Orr on November 29, 2014 at 1:03pm

See my post of yesterday to Mercer County Comment Wall. Halcon's stock was down over 20% on Friday and closed at $2.27. If crude prices stay as low as they are for even 3-4 more months, I believe Halcon's survival is unlikely. Other small E&P companies also saw their share prices fall dramatically. See Yahoo Finance.

Comment by Samuel J. Orr on November 23, 2014 at 9:57am

Bob Rock: Thanks for the link. It brings up the article out of West Vrginia referred to in my post below.

Comment by shesrushmore on November 23, 2014 at 8:40am
Is there anyone buying mineral rights in Venango?
Comment by Bob Rock on November 23, 2014 at 8:16am
Comment by Samuel J. Orr on November 23, 2014 at 6:28am

More Potential Good News: Yesterday I discovered an article from "The State Journal, West Virginia's only business newspaper". The article is by Suzanne Elliot and is dated November 20, 2014 as updated November 22, 2014. The content and the tone of article suggests that Shell may actually build the plant at the old Horsehead Site in Monaca in Beaver County. See my recent comment to Mercer County Comment Wall.Perhaps by now someone will have posted a link to the article. 

Comment by Samuel J. Orr on November 22, 2014 at 11:26am

Big News!! Go to Mercer County Comment Wall and read comments over last few days. Halcon seeking permits to build pipeline from Five Points area in Mercer County all the way into Venango county and ending not far from Allam Well. See post by Bob Rock to Mercer county comment Wall where permit application is attached and also Maps of the course proposed pipeline will follow in both Mercer and Venango counties.

Comment by james on August 7, 2014 at 10:28pm
The only thing going on in this area that I know of is Range Resources is going to be doing some work on the pipeline that runs through my moms farm. The landmen told me the wells drilled in this area are very good and they are possibly going to start leasing again. Fwiw
Comment by Samuel J. Orr on August 7, 2014 at 10:16pm

James: Have you heard whether or when Hilcorp may drill the 2 parcels that they have permitted near you or your folks property? , I am speculating, (and it is only speculation) that we may not see much going on in our area until 2016, and possibly not until 2017 or even 2018. I have no real facts to back up any of this. Frankly, I hope my guesses are way off and that you and I and a bunch of other people in our area get leased in 2015 and that we get leases with at least decent, if not spectacular, bonus money.

Comment by james on August 7, 2014 at 9:43pm
How have you been Sam? The activity in our area could put me to sleep, lol.
Comment by james on August 7, 2014 at 9:42pm
Company wiener roast. They needed long hotdog sticks to avoid the hot flame.
 

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