"Thanks for the update."
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Gail Powers
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Gail Powers's Discussions
Pickens Says Oil Will Average $80 to $85 a Barrel
Started Jun 18, 2009
Negotiating a lease
7 Replies
Started this discussion. Last reply by Robin Fehrenbach Scala Feb 26, 2010.
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Richard Fanelly replied to Gail Powers's discussion 'Leases in Upshur' in the group West Virgina Land Ownersgasoholic replied to Gail Powers's discussion 'Leases in Upshur' in the group West Virgina Land Owners"CNX has applied for 6 more horizontal permits in SE Upshur."
Gail Powers left a comment for Charles Corne"Charles, $10.00 was all that MV offered us as well but they did promise to drill and said possibly two a Marcellus vertical and a Devonian. , but we wasn't ready to deal yet anyhow because we are still trying to get my…"
Charles Corne left a comment for Gail Powers"Hello Gail, Do you have a contact for chesapeake oil ?? If so would you please email to me at corne@windstream.net thanks Chuck Corne"
Charles Corne left a comment for Gail Powers"Hi Gail, Jamie was very nice but his boss/owner/Pres. was a jerk !! first offered 10 went up to $100 per ac. said he might go to $200 then came back with $150 wouldn`t return calls after that. Then send me a nasty email because I called after…"
Gail Powers commented on Elise's group 'West Virgina Land Owners'"Charles, are you talking about Mountain V Oil and Gas? If so our family met with Jamey and he was a very much of a gentleman. Haven't signed with them though."
Richard Fanelly replied to Gail Powers's discussion 'Leases in Upshur' in the group West Virgina Land Owners"I own some land in central eastern Upshur, along the Middle Fork river. Has anyone been contacted in this area for a lease? I note from the WVGES map that 5 wells have been permitted in the area but none completed. What offers have you had? I was…"
gasoholic replied to Gail Powers's discussion 'Leases in Upshur' in the group West Virgina Land Owners"Gail, go with your gut feeling.
In the proven area of SE Upshur, (this is a very, very good area) that $500 would need another 0 and the 12.5 would have to be 20+% to take them serious and even begin negotiations. EQT and CNX have horizontals in the…"
Charles Corne replied to Gail Powers's discussion 'Leases in Upshur' in the group West Virgina Land Owners"Has anyone ever heard of Jay Bee oil co in Cairo W.Va ?"
Gail Powers replied to Gail Powers's discussion 'Leases in Upshur' in the group West Virgina Land Owners"Thanks for the info, but I have to say that is better then any other offer we have had. What is your suggestion, wait it out?
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gasoholic replied to Gail Powers's discussion 'Leases in Upshur' in the group West Virgina Land Owners"Just wanted to let you know that CNX is active right now, in Southeast Upshur, with a pitiful offer of $500 per acre and 12.5%"
gasoholic replied to Gail Powers's discussion 'Leases in Upshur' in the group West Virgina Land Owners"Jay Bee Production in Cairo I believe is the local office for Jay Bee Oil and Gas out of New Jersey.
Most all or their activity has been in the counties of Doddridge, Ritchie and Wetzel. From early 2008, most of their wells have been verticals, with…"
"Early on in this topic I commented on EQT's effort to get us to modify an old lease to allow for pooling (so they said). Since then we were contacted a 2nd time by a different landmand from Honor Resources. He was not near as nice as the…"
Charles Corne replied to Gail Powers's discussion 'Leases in Upshur' in the group West Virgina Land Owners"Has anyone heard of Jay Bee Production Co. in Cairo W Va ? They offered me $1000 per ac and the standard 1/8 said they would drill in 6 months. Charles W. Corne"
gasoholic replied to Gail Powers's discussion 'Leases in Upshur' in the group West Virgina Land Owners"See my recent post post on Forced Pooling in Harrison County Lease Rates
As for wells being drilled, there has been three rigs working in Upshur for quite a while now. If you go to WVDEP website, office of oil and gas, you…"
Gail Powers replied to Gail Powers's discussion 'Leases in Upshur' in the group West Virgina Land Owners"Do you know when this is suppose to take place? Also do you know of any recent Marcellus Wells being put in, in Upshur Co? "
Profile Information
- What is your role in the Marcellus?
- Other
- Why are you here?
- Networking, Learning, Leasing Your Land
- Which state(s) are you following?
- West Virginia
- Tell us your story...
- I have been offered $200. 00 an acre by Chesapeake for the mineral rights on 46 acres in Upshur Co. W.V.
Comment Wall (5 comments)
- At 3:00pm on March 16, 2011, Charles Corne said…
- Hello Gail, Do you have a contact for chesapeake oil ?? If so would you please email to me at corne@windstream.net thanks Chuck Corne
- At 4:52pm on March 14, 2011, Charles Corne said…
- Hi Gail, Jamie was very nice but his boss/owner/Pres. was a jerk !! first offered 10 went up to $100 per ac. said he might go to $200 then came back with $150 wouldn`t return calls after that. Then send me a nasty email because I called after waiting on them for 2 weeks.
- At 3:53pm on March 14, 2010, james r. moore said…
- has anyone had any dealings with union drilling in upshur co.
- At 9:30pm on May 30, 2009,
roy jones said… - the geologist in me has to respond and clarify this a bit, haha. the marcellus shale isnt sandwiched between black shales. It IS the black shale. All hydrocarbon-bearing rocks have either oil or gas in them, usually a mix of both. For you, you dont have to worry about getting oil or gas, you can consider them equal - as far as how much money theyll make... not exactly true - but close enough. The marcellus shale is mostly filled with gas, because it was once buried very deeply. In WV, it wasnt buried that deep - so it's more likely to have some oil in it. you dont have to worry about this though. just collect the check and cash it.
- At 7:19pm on May 30, 2009,
Vic said… - Hi Gail, you had asked what a devonian well was. I will give you a brief explanation, The Devonian Shale was formed from the mud of shallow seas that existed about 350 million years ago, during the Devonian period of the Paleozoic era. This shale is a very fine grained sedimentary rock which is easily breakable into thin parellel layers. Its a very soft rock but does not disinegrate when it becomes wet. These shales can contain natural gas when two thick black shale deposits sandwich a thinner layer of shale, these wells are commonly 3,000 to 5,000 foot deep. To sum it up for you its a gas well that will probally produce some oil also.
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