I went to the OOGA trade show and conference last week and got reeducated and recharged. No permits were issued for Muskingum this month but we have several landowners putting drilling units together with us. We helped a landowner…"
Hope you are well. You had previously expressed an interest in my book, and I have decided that the time is now right to release it. I update it monthly for pertinent information and for my well/permit map. If you are…"
Are you reading what you are typing???
Criticizing brian but you are doing the same!!
At least he was man enough to apologize for when he was ranting!!
Lets get back to the facts and treat each other with some respect!!!
No matter where…"
u seem to be making alot of friends!
Lets try being nice and only state the facts!
I am sure the facts u stated about the senior citizens is 100% correct and all but seriously stick with the facts and stopp being so nasty and people will…"
"Thank you Red Skelton,
Its nice too see other people think cobra is a bad egg!
I am cool with people being pissy and complaining but seriously cobra takes it too a whole new level!!
I think he has been burnt and is taking it out on the wrong…"
You aint worth the time!
He is a business man and helped people who needed the money when he helped them get leased! Is it a crime when he got people the going rate for a lease??
Its america and people are allowed to make a profit!!!
He did just the opposite!
Talked me out of signing a lease even when the price was at the high at that particular period!
Look me up, I dont live there
I have land there
Look mike up....... oh u already did
but nobody is hiding behind a…"
take a chill pill!
I never have posted anything on this site before and have watched you badger michael belaj for the past couple of days!
You really should take him up on his offer and meet with him.
He is not a "landman" and…"
Good to hear from you. Hope you had the happiest of holidays.
As far as how far West, we shall soon see. Devon Energy has pulled a horizontal and vertical permit each in both AShland and Medina counties. They…"
"Jonathan Muskingum County will take off when the wheeling twp well is drilled in Guernsey County the pad is made so drilling should take place soon. If it is a good well the oil and gas leassing will move west and east of this location…"
I went to the OOGA trade show and conference last week and got reeducated and recharged. No permits were issued for Muskingum this month but we have several landowners putting drilling units together with us. We helped a landowner negotiate a lease and get a big check last week on some reclaimed strip land that was landlocked. He was in Belmont Co. We shopped it around to several producers and made it happen.
Hope you are well. You had previously expressed an interest in my book, and I have decided that the time is now right to release it. I update it monthly for pertinent information and for my well/permit map. If you are interested, I will give you first look at it and help me decide if it is worthy of publication and at what price. I am pretty proud of it, but then again, I am a bit prejudiced! 120 pages approximately, including exhibits, and over 100 sources.
Good to hear from you. Hope you had the happiest of holidays.
As far as how far West, we shall soon see. Devon Energy has pulled a horizontal and vertical permit each in both AShland and Medina counties. They purportedly are buying as far West as Richland. That would be an absolutely huge footprint for even a shale play....at least half of Ohio. Word is that the wells in the East or the River counties are well pressured at depths of 9000' or so. They are reportedly some concerns about pressure when you get less than a mile deep, which is more common moving Westward. Devon claims to know and understand this and says they can identify those areas where permeability will allow production without stimulation. Regardless of how far this play extends, remember this. There is no way half of freaking Ohio can produce at the levels disclosed by CHK regarding the Buell well and others. 3000 bbls per day oil equivalent is staggering, if the decline curve is even remotely stable. How many wells will they drill at $5 M minimum (5000" or so deep) if they are making 300 rather than 3000? There obviously has to be several sweet spots as well as large pockets of inferior geology if this play is even half as big as speculated. Also worth mentioning, Chesapeake, who started it all here really, claims the economics are superior in the wet gas region. Devon claims the oil window (still largely unproven in my opinion) is more profitable. What a great problem to have if one had to choose between the two.
Jonathan Muskingum County will take off when the wheeling twp well is drilled in Guernsey County the pad is made so drilling should take place soon. If it is a good well the oil and gas leassing will move west and east of this location MUSKINGUM County looks good to me. Thanks michael J Belaj
Jonathan, I am no prophet but...my humble opinion will surely coincide with what you want to hear. I have 2 different maps which indicate tha your property, especially that in the NE corner of the county is most likely oil. That is if and when this is proven as a true oil play. It is all speculation and conjecture now but, as far as this prospect goes, I would be happy to be in your shoes.
As to whether to lease at the offered price, well, you didn't ask my opinion on that so..... Good luck. Hope I have been of assistance. Keep in touch
True, Jonathan, it is just a matter of time. The only mysteries are a what price and which players. It is not necessarily a negative to lease to a smaller company who is not necessarily leveraged like a major with liquidity to drill. People don't realize the incredible overhead the majors have on top of the prices paid in bonuses for the leases. Believe me, it is quite substantial. Consequently, the smaller operators who buy can mark up their leases and turn them to the majors at a profit without damage to anyone. But somebody has got to acquire a substantial leasehold interest or no drilling can take place.
Regarding your particular property, I do not have access to a township map for your county. Just tell me North, South, East or West portion (as specific as possible please) and I will respond. I am familiar with the isopach map, and need to pinpoint your location to respond accurately.
Jonathan, I think my response was mis-directed to the do-not-reply section of this site so I am retransmittting.
I am in the business, but not investd in this play. I believe I am informed enough to get involved now, and may do so in the near future. I am an amatue, but well-informed geologist. I don't want to misrepresent myself as someone trained and degreed in geology....just an interestd observer with a high IQ and a wealth of information to ponder. I am confident in any statement I make, but do not want to portray myself as a petroleum engineer of certified petroleum geologist. That being said, I believe I have a wealth of information regarding this which is not necessarily tied directly to geology.
Let me know something more specific about your location. What part of the county are you in (N,S E or W) and what specific township? Section, township and range may be helpful, if you have that handy. I will give you my educated opinion, for what it is worth.
Share something with me if you will please. Who is approaching you, or your neighbors, regarding leasing and what are they offering? I am trying to keep up with who is where and at what price.
My report is submitted for copywriting, and will be available for publication/distribution soon, if you are interested.
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 ]