"Are you aware that Wishgard is in bankruptcy in Pittsburgh? Add me as a friend and we can talk privately about it further if you want. There are lots of interesting issues surrounding the bankruptcy as it pertains to landowners."
"Generally, the power of condemnation is limited to public utilities, which includes interstate pipelines. A local, or midstream, gathering system is not usually regarded as a public utility. I have had many calls from landowners asking…"
"I just checked the federal docket pertaining to the class action suit filed against Halcon, CX and M&P at No. 13-360. The last document listed on the CM/ECF docket is a notice of appeal filed by Halcon on April 12, 2013, objecting to the…"
"WOW. Marcus, at 113 acres, that is the smallest deep unit I have ever heard of. I would love to own the neighboring land! You are correct about CHK. They have formed some units in Western PA that contain less than 640 acres,…"
"No, I have not. An operator would be foolish to do this since the operators controlling neighboring lands would be prospecting by practicing "closeology." That is, once they see the production numbers on a well that close, they…"
"One would hope that the shape and size of the parcels would control the shape of the unit, but that is not always the case. If the pooled leases do not have a Pugh clause, the operator may decide just to nip the parcel and hold the rest by…"
"John: From what you have posted, you should be in decent shape. I am licensed in West Virginia and Pennsylvania, so I am not 100% certain what the law is in Ohio. If you want to contact me via a friend request, I may be able to…"
"Good luck, John. Like I said earlier in this thread, before I was excorciated, many marginal wells will now be defended as producing wells capable of holding leases by production. We have seen a growing trend in this area and the only…"
"Also, my sister is the dept admin for the petroleum engineering department at Marietta College. I am sure she could get some guest speakers. One of the engineers has already spoken at a conference at YSU concerning fracing. He is a…"
"I guess Gunner cannot understand irony. The statement "suddenly becomes profitable" does not imply that the well becomes a gusher overnight. What it means is that marginal wells that would ordinarily be plugged are kept online…"
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 ]