"How big is this Pin Oak gas company, and what influence do they have in the Armstrong & Indiana county area? Their name seems to be popping up more frequently in this area. Are they doing any drilling? If they are just buying…"
Jim Litwinowicz's Groups
-
Clinton County, PA
68 members
-
Clarion County, PA
148 members
-
Ashtabula County, OH
313 members
-
WV Land Owners
165 members
-
Seneca M. S. Group, Cran…
17 members
Jim Litwinowicz's Discussions
Rumor; ExxonMobil Cracker plant?
Started this discussion. Last reply by Jim Litwinowicz Oct 24, 2019. 5 Replies 0 Likes
Rumor has it that ExxonMobil is looking for land to build a cracker plant along the Ohio River. Seems they have been talking to landowners in Beaver Co but some say it go to W Va.PTT is expected to…Continue
Laurel Mountain in Clarion Co
Started Oct 9, 2019 0 Replies 0 Likes
Laurel Mt was supposed to drill a well just south of the Clarion River. l heard the pad was cleared in the spring but haven't heard of anything since.Any news?Continue
Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,
Started this discussion. Last reply by farmgas Jul 14, 2022. 19 Replies 0 Likes
according to shaledirectories.com No price given.“This transaction further bolsters the company’s deep Utica rights in the oil and wet gas windows of the play,” said Mark Van Tyne, Pin Oak’s…Continue
EQT accuses two employees of massive data theft
Started Feb 26, 2019 0 Replies 0 Likes
Seems these two stole a huge amount of critical data like proprietary fracking techniques, maps of shale fields, and much more. Seems they knew they were about to be fired so spent days downloading…Continue
Gifts Received
Jim Litwinowicz has not received any gifts yet
Jim Litwinowicz's Page
Latest Activity
farmgas replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'Jim Litwinowicz replied to Dave's discussion 'What Happens to Landowner Royalties in Bankruptcy?'"There are different types of bankruptcy. One is a re-organization in which some debt is forgiven, some is re-negotiated with debt holders, and/or payments are re-scheduled. Sometimes assets are sold off to pay down debt. If a lease is…"
Jim Litwinowicz replied to shakeshale's discussion 'Oil and Gas The Party’s Over'"Local reports said it was just a three or four day shutdown."
Jim Litwinowicz replied to shakeshale's discussion 'Oil and Gas The Party’s Over'"Problem is that many of these will go bankrupt and the stockholders lose it all. Need to decide which ones will survive or bought/merged. And some won't be bought up until after bankruptcy so stock holders will be left out."
Jim Litwinowicz replied to shakeshale's discussion 'Oil and Gas The Party’s Over'"Yep, nat gas is up as are stock prices for drillers in Marcellus as drilling in the Permian is expected to drop. May even see an uptick in drilling in Pa if this lasts very long.
From what I heard by talking heads, Russia has enough foreign…"
Jim Litwinowicz replied to Gary L's discussion 'New LNG Facility projected for eastern Ohio Valley'"Correction. That is not a LNG facility but a gas to liquids. LNG is Liquefied Natural Gas.......methane that is compressed and cooled until it liquefies. That vastly reduces its volume and makes it much easier and cheaper to store…"
Jim Litwinowicz replied to Gary L's discussion 'PA Rule of Capture Supreme Court Ruling'"A rather ambiguous ruling. It restates the rule of capture but doesn't get into artificial fractures. Puts the burden on the landowner to prove the fractures crossed onto their lands.
A landowner could possible sue for access to…"
Jim Litwinowicz replied to John's discussion 'Why wait till Feb?'"Just a WAG; Maybe the rumors of two more crackers are the reason to wait. Or maybe China will finally come through with their massive letter of intent to spend huge amounts in WV.....what was it $50 Billion over 20 yrs? Maybe it is a…"
Jim Litwinowicz replied to Bill Simpson's discussion 'Natural Gas Boom Fizzles as a U.S. Glut Sinks Profits'"Spot on. the Permian is producing huge amounts of nat gas and will continue to do so as oil is the main driver of drilling there. That will keep nat gas prices low for a long time....10 yrs or more. Don't expect a boom in any dry gas…"
Jim Litwinowicz replied to Keith Mauck (Site Publisher)'s discussion 'New Forum Rule - Replies must be on topic'"Good idea. Hope it helps. This has been a very valuable and informative site that helped a lot of landowners. You done good, Keith!!"
Jim Litwinowicz replied to OhHenree's discussion 'NY'"But you also have Cuomo and NYC libs that run the entire state as their personal playground."
Jim Litwinowicz replied to OhHenree's discussion 'NY'"NYC libs love it when farmers belly up. Then they can by the land at fire sale prices and either build McMansion summer homes or put the land in land banks for their play grounds."
Jim Litwinowicz replied to Keith Mauck (Site Publisher)'s discussion 'Associated gas production growing'"The growth of associated nat gas is good for the country but has a negative impact on dry gas areas such as must of Pa. E & Ps are drilling for oil and related fractions which is very profitable and the AS gas is a byproduct. It can be sold at a…"
Jim Litwinowicz replied to Jim Litwinowicz's discussion 'Rumor; ExxonMobil Cracker plant?'"PTT has already spent $250 mil. All indications are they will proceed as they have bought additional land recently. Word is they will announce a full go in Jan. There are some tax and financial reasons for waiting until then.
If Exxon…"
Brett replied to Jim Litwinowicz's discussion 'Rumor; ExxonMobil Cracker plant?'"They should take the PTT Global sight in Mead Township. They can't seem to make a decision on anything."
Jim Litwinowicz replied to Jim Litwinowicz's discussion 'Rumor; ExxonMobil Cracker plant?'"Maybe the Bruce Mansfield retired coal plant site? Veerrryyyy interesting......"
Brad replied to Jim Litwinowicz's discussion 'Rumor; ExxonMobil Cracker plant?'"I heard of a rumor about a cracker plant being built between Aliquippa and Shippingport along the Ohio River."
farmgas replied to Jim Litwinowicz's discussion 'Rumor; ExxonMobil Cracker plant?'"3 Crackers would be nice. Would ExxonMobil expand their expand their drilling side of the business? XTO Energy is drilling in PA now. Would they consider buying another gas company to expand their drilling group? "
Jim Litwinowicz posted a discussionRumor; ExxonMobile Cracker plant?
Rumor has it that ExxonMobil is looking for land to build a cracker plant along the Ohio River. Seems they have been talking to landowners in Beaver Co but some say it go to W Va.PTT is expected to announce a full go financial decision after the first of the year. That means there would be three crackers in the App Basin. Thats a lot of jobs and demand for raw materials which would mean more wells drilled.See More
Jim Litwinowicz posted a discussionLaurel Mountain in Clarion Co
Laurel Mt was supposed to drill a well just south of the Clarion River. l heard the pad was cleared in the spring but haven't heard of anything since.Any news?See More
Profile Information
- Introduce Yourself
- Have spent the last three years learning all I can so I can get a good lease. Put together a landowner group of 2100 acres in Lawrence County. That group then joined a larger group and we should have a lease in hand by the end of June 2011 Am starting company to organize land owner groups in other areas.
- What is your role?
- Landowner
- Which state(s) are you following?
- Pennsylvania, Ohio
- What shale plays do you follow?
- Marcellus, Niobrara, Utica
Jim Litwinowicz's Blog
CNBC on Nat Gas Conversion
Posted on April 9, 2012 at 3:16am 2 Comments 0 Likes
All day today CNBC is focusing on converting vehicles to run on nat gas. Rick Sentelli is in Oklahoma at a company that does nat gas conversions. They are working on a pick up truck, showing what needs to be done to make it bi-fuel. By the end of the day, they will be driving around in the converted truck to show what it can do.
During one segment already aired, they said that if you fill up at home, you will pay an equivalent of 66 cents per gallon. Thats right.....66 cents per…
Continue US vs OPEC
Posted on October 28, 2011 at 3:47am 0 Comments 0 Likes
There is much talk and hope that all this shale oil and gas will get the US freed of dependance on OPEC oil. The Bakken, Eagle Ford, Utica and more have great oil potential. The Marcellus, Utica, Hainesville, Barnett and more have great gas potential, especially if we convert major portion of our transportation to natgas. All of these should help us wean ourselves off of foreign oil and gas, which would fantastic for the country.
But one problem with that scenario is competitive…
ContinueComment Wall (20 comments)
- At 7:31am on December 21, 2012, Denver Gallentine said…
- Jim, I am sending you a Merry Christmas and Happy Holidays. I hope the New Year brings you many new wells and huge royalties! - Denver
- At 9:53am on October 11, 2012, Sturges said…
- Can you tell the experience you had with Northeast Applacian Land Service, they are here in beaver county, the group attorney doesn't have experience with them and is hesitant in dealing with them. He stated that it was a good lease but concerned they aren't reputable
- At 5:40am on August 20, 2012, rex roae said…
Jim,
We decided to go with CX but on the condition that we will get paid according to our survey acres and not our deeded acres. Surveys(signed and stamped) are not recorded since we will have to pay higher property taxes. The surveys were acceptable to ADAPT and Range Resources when they offered leases.
Parcel # 1 - Wayne Township, Crawford County. 35 deeded acres, 51 surveyed acres.
Parcel #2 - East Mead Township, Crawford County. 25 deeded acres, 45.85 surveyed acres.
Total acreage - 60 deeded acres, 96.85 acres.
If acceptable, please send us a contract to sign with your leasing company.
Rex and Brenda Roae
30910 Dobie Lane
Guys Mills, Pa. 16327
Contact phone -
1-814-789-4034
- At 4:35pm on July 11, 2012, warjr said…
Jim, I live in South Central PENNa and attending weekday meetings is not a possibility for me at this time. I have a copy of the lease from Northeast Appalachian Land Service, Inc. They are an Ohio Corp with a mailing address of 322 Elms Rd, Troy, PA 16947 If you would like to share your email I could forward on to you for your review and comments to the group. 8 pgs total
- At 12:36pm on June 28, 2012,
Dave said…
Jim
hope this finds you well
can you give Dave a buzz @724 421 7112
- At 2:02pm on May 31, 2012, Terry M. Schmader said…
Hi Jim,
My name is Terry Schmader, I live in Arvada, Colorado but my wife and I have 100 acres of OGM's in Pinegrove Township, Venango County Pa,. that we are interested in leasing.
Can you help?
Thanks and Peace, Terry
- At 11:23pm on May 17, 2012, JDM said…
I did get the phone number from Ron - I will call later today to see what they have to say. I don't like how CHK is using sign in 2 days or you won't get a lease- CHK can't forget it...I don't need a lease that bad that takes advantage of our property and doesn't protect it. Thanks for letting me know how you feel about Hilcorp- anything else you can think of that I should make sure is in their lease? Does yours say 20% no deductions?
- At 4:59am on May 17, 2012, JDM said…
I am in Mahoning county, Beaver township. I am looking for a contact to call a Hilcorp rep to see what they have to offer. I heard that its $5000 per acre and 20% but I don't if its a landowner friendly lease or not.
- At 10:26am on April 18, 2012, Samuel J. Orr said…
Will continue to read your posts. Am hopeful that things will go well and that I can lease my property in 2012. Don't want to inject politics but appears taxes will be going up considerably in 2013. Will probably be worse if Obama is re-elected which I am afraid is going to happen. You might look for article on Chesapeake. Appears that their CEO may be doing something questionale if not illegal.
- At 2:47am on March 9, 2012, Tracy said…
I'm in Delaware Twp, and I signed in Oct., but then signed for the extension in Dec. Supposed to be paid by April 15th. My question is: I was under the impression that we would get some kind of services( tax planning, etc.) for the $250.00 fee. I know they are having meetings with FNB this week, but unfortunately, Tuesday evenings are already filled up for me. Are they going to offer additional meetings or was it a one time thing? If something goes wrong with the lease restrictions, would MOPAW represent this group or would we have to pay for their services again?
Top Content
Latest Activity
© 2024 Created by Keith Mauck (Site Publisher).
Powered by
