"This group looks like it's going nowhere even faster than my FAIR lease group. Sorry to see that, but it clearly is $ starved, like the real USA is right now.
Here's a suggestion to bootstrap the process...
1. Find a…"
"So is the point of this that Shell was the innocent victim of unfavorable geology? Or is it that they didn't quite make it all the way to due diligence regarding the Butters well? The only way to answer that would be to compare…"
"Thanks for having the courage to post this actual first hand factual information in this apparently hostile forum. This thread has been sorely lacking in such valuable writing, and I find it a breath of fresh air.
And, FFF, please don't…"
"The above discussion, with very few changes, could probably have been plucked from internal correspondences in the Deepwater Horizon case. Just substitute BOP for Accumulator, etc. Reliability and Safety are quite well understood…"
"And a few thoughts on the relative maturity of Horizontal Drilling technology...
We all have to remember that Horizontal Drilling technology is pretty young. I'm not an expert, but it looks like it's about 20 years or less. If…"
Apologies for being away from this forum for a couple days, although from a few of the posts, y'all probably didn't miss me much:-)
I assure all I wasn't whining. I was trying to start just the kind of deep Q and A that…"
"For RJS, or anyone?
Thanks for posting the valuable data on Lippert.
So if the po' folks at RRC could connect this puny Lippert well to the nice Dominion pipeline nearby, and if the pipeline could handle the paltry 1.4 mmcfd (minus the liquids…"
"I would observe that the root of this "problem" is that we've all become too easily polarized, probably from watching how our elected representatives waste our time and money by arguing rather than governing. If we could get…"
"Bob - Thank you for your shout out, I really appreciate your kind words. The intent of my involvement in the GMS forum is to disseminate some of my 30 year O&G experience to others who are trying to learn themselves and hopefully to hear about…"
Greetings, I just found a few enthusiastic referrals to your wall in other forums. (By way of introduction) I've been somewhat active in the Crawford Co group for several months, and started one thread of my own on fair…"
"Perhaps we should switch from what's wrong with Dems and Reps to what's wrong with all those obviously good citizen energy E&D companies:-). That would be more pertinent to the forum.
I would observe that finding the…"
"Berk, regarding "complete information"...
Just as we'll never have all the information necessary to make a go/no-go decision on any particular lease, we'll never have all the information to guide the complex…"
"Sam, Regarding "don't try to be an expert"...
When and if any of us get a "real" lease offer, what we've learned while waiting for it will be all we have to guide the difficult decision of "sell or wait for a…"
"Nice to see the Byler well plans expanding. Does anybody know if this is in any way driven by the Lippert flare results (or any other insight into this nice expansion)?
A comment to the old well length thread...
Horizontal drilling and…"
"I agree that landowners of shale resources should be promoting CNG. What would really ignite the market is a small, affordable compression unit that could serve a single horizontal well. Then wells far from pipelines could have a direct…"
Bob - Thank you for your shout out, I really appreciate your kind words. The intent of my involvement in the GMS forum is to disseminate some of my 30 year O&G experience to others who are trying to learn themselves and hopefully to hear about them cashing in at some point.
Regarding flare volume estimates; it would be nice to be able to look at a photo and to make educated guesses as to the volume, but its not that simple. When I flared onshore wells in the Middle East to clean up flow to pipeline spec gas, we used a choke manifold to regulate flow and the manifold contained an orifice meter that we used to measure flow.
There have been several threads on the GMS forum including comments about orifice measurement; I should have chimed in much earlier to remind folks that the equations developed to calculate flow volumes with this meter type used single phase fluids (dry gas or fluid). Real rich gas containing liquid hydrocarbons or slugs of fluid will tend to measure more flow than is actually present.
Flare flow will always be contingent upon the length and diameter of the flare, size of the flare tip (if used), gravity and compposition of the gas, flare pressure at the upstream end of the flare pipe, roughness factor of the flare pipe (new pipe is fairly smooth, old, rusty or scaly pipe creates more friction loss at a given flow rate.
I did a quick Google search and found some guidelines from Canada for estimating flare volumes for regulatory reporting purposes (processing plants and refineries that undergo process upsets are designed to relieve the volume of stored gas in the process piping to prevent explosions; this released gas adds to greenhouse gas emissions and is reportable to the EPA and similar envoronmental agencies in other countries
A photo without scale, pressure or gas data would not be of much use, I'm afraid.
I an not sure I understand all that is going on with the Rex Roae lease and title problems. I do not know "Guardian" and no doubt there is more to its name that would help identify it. There is a possible parent co in Canada that may well be the parent of an operating subsidiary - a quick look at the Internet did not show anything bad.
I am surprised Guardian would let you walk the lease unless there was some provision for that. It does not sound at this point like it was starting to renegotiate for better terms - a common practice among producers.
I would have thought Guardian would have paid some money and held some until title issues were cleared.
The rule on mineral and oil and gas searches is to search the title back to the earliest known mineral severance of the mineral in that county. The Drake well was 1859 but there was a little activity before then. 1820 sounds extra cautious but it may be warranted. It is surprising that they could not find the prior links they said they needed. If you cannot find deed recitals to take you back you find the original patent for the area and work forward. Not always easy but it usually can be done.
Title insurance is not the answer because today there is considerable emphasis on the insurance aspect and risk evaluation rather than definitive title exams.
Companies spending millions on a well want a drilling opinion from an attorney that can be trusted to cover every detail in the history.
"adverse possession" as mentioned does not make sense without more information. I am not sure what is meant by that phrase in the story.
I am surprised there would be a problem with Northwest Savings. It has as extensive a discussion of oil and gas as I have seen on any web site and obviously are looking for that business. I had a personal call with one of the people mentioned on its web site about mortgages and there did not appear to be a problem for that bank with O&G leases on property covered by its mortgages. My recollection is that there might be a little additional paper work to protect the bank.
I must be missing something in your story. But if you are clear of any leases or severances now, you can look forward to leasing again - perhaps on better terms. While the price of dry gas has been down [as a result of industry effort to broaden the market] the companies have been trying to get leases on the cheap. With natural gas prices now approaching $4/mcf it will be harder for the producer to tell that sad story.
Of course the land available for leasing is enormous, gigantic and whatever similar adjective you would want to use. Even the producers with their seemingly unlimited resources have budgets and they are spending their money first where it appears there is the possibility of greatest return. The fact the some are showing an interest in the area is encouraging. Today they are only trying to spend money on the best lands available. Guess what? Those lands are worth more to them.
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]