Can you give any insight with GE developing new technology in their new research center with regards to lifting oil out of dense shale formations. They also claim it will work for older wells that met their economical potential giving the…"
"After reading some of your responses, I will not delete this discussion as I now realize feedback differs from production numbers. We might gain some insight as more input is generated.
Searcherone you hit the nail on the head, I totally agree with…"
"Gary, consider leaving the discussion up.
As far as the presentation, I thought it was very scripted, Kasich got his plug in for the severance tax, if one has been following the discussions on this site much of the info had already been…"
"Bob and Jim covered most of the ODNR presentation, however they didn't relate on what
Mr. Mustine said about Bonus Money and Today is a Buyer's Market. The buy and sell strategy.
Chesapeake wants to sell 10% of a million…"
"Actually, you're thread title talks about the presentation, while the other thread talks just about the results, they're actually a little different topics. The presentation was the state's effort to put their spin on the…"
"Due to another discussion similar to this subject, ( ODNR Report ) by another member, I will delete this one tonight. I apologize if I offended anybody, they posted 30 mins ahead of me and I didn't see it.
I wish everyone the…"
"It was mentioned that reporting will be required quarterly. Regarding quality, oil is light concentrate between 55-70 gravity range, does evaporate some and sells in the 85% range.
Wet gas is rated 1,250 BTU as dry home gas is 980 BTU.
"If North Dakota can produce monthly statistics, I don't know why Ohio can't. The oil production is soft, but everyone knew that and unless NG is at $3 there a glut so it comes down to how wet the gas is and the cost of production and…"
"Too much information is still withheld. I would like to see how much the wells were choked back and how many hours per day in production. Without that additional information we are at the mercy of the companies who actually know that information!"
I'll be impressed when the activity box (shown on their slides) grows to encompass the rest of the Utica Play including the northern tier and of course Ashtabula County.
They say the best is yet to come.
Bring it on."
"DVN's acreage wasn't great and they got into the play later. No different than some of the companies that have bought in to the highly questionable parts of the Utica (think Lario or Halcon). It's a gamble. Still…"
"A random landowner with unnamed sources telling industry people there will be production means everyone gets a good laugh. I'll suggest to you what I did to Trollette over in Ashland County: raise some money and wildcat your own well…"
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 ]