"Blueflame, I forgot to add that they've just started drilling, but there haven't been any royalty payments. Not that we'd expect them, since they're not even producing yet, but just as an fyi."
All things pertaining to the Marcellus & Utica Shale
Gifts Received
Nathan Henceroth has not received any gifts yet
Nathan Henceroth's Page
Latest Activity
Nathan Henceroth replied to Joseph-Ohio's discussion 'HB 493 Being Discussed In Committee - 750 Foot Setback / 1280 Acre Drilling Units A Bad Deal In My Opinion'Nathan Henceroth replied to Joseph-Ohio's discussion 'HB 493 Being Discussed In Committee - 750 Foot Setback / 1280 Acre Drilling Units A Bad Deal In My Opinion'"Blueflame, we already have a lawyer who's quite good, it's just a cost-benefit analysis that made it clear that there isn't any point in fighting anything, not yet at least. Our issues have to do with flipped black gold (I think…"
Nathan Henceroth replied to Joseph-Ohio's discussion 'HB 493 Being Discussed In Committee - 750 Foot Setback / 1280 Acre Drilling Units A Bad Deal In My Opinion'"Blueflame, I definitely understand where you're coming from, and I'm not someone who likes to see government in places it doesn't need to be. My family's also CHK lessor, and frankly it's been nothing like your…"
Nathan Henceroth replied to Joseph-Ohio's discussion 'HB 493 Being Discussed In Committee - 750 Foot Setback / 1280 Acre Drilling Units A Bad Deal In My Opinion'"Bluflame, my concern is that landowners, no matter how vigilant, stand no chance in taking on a large corporation like Chesapeake. We've seen the lawsuits in Texas, Louisiana, and Michigan; and on the one thread on here, it appears like…"
Nathan Henceroth replied to Joseph-Ohio's discussion 'HB 493 Being Discussed In Committee - 750 Foot Setback / 1280 Acre Drilling Units A Bad Deal In My Opinion'"Joe-Ohio, I see what you mean about the increased 1280 drilling unit size.
But, if they'd be willing to change the bill to read something like 640 acres, but kept a lot of the rest of the language, it seems to me to be a good thing for…"
Nathan Henceroth replied to Joseph-Ohio's discussion 'HB 493 Being Discussed In Committee - 750 Foot Setback / 1280 Acre Drilling Units A Bad Deal In My Opinion'"I read the PDF file again, and I actually see more that's beneficial to the landowner. This bill would set the minimum royalty rate to 15% gross, which is much better than a lot of these 12.5% older leases that were never meant for…"
Nathan Henceroth replied to Joseph-Ohio's discussion 'HB 493 Being Discussed In Committee - 750 Foot Setback / 1280 Acre Drilling Units A Bad Deal In My Opinion'"How is this punitive to the landowner? Wouldn't that bill (493) ensure that Chesapeake wouldn't be allowed to claim HPB on land that isn't contiguous? The 750 foot setback ensures that they couldn't steal someone…"
Nathan Henceroth replied to Anne Carto's discussion 'Fatherly Advice from Bill McKibben'"All of you do realize that Anne is being paid to post these things on here, right? Per her twitter account, "once again living the dream in sunny Maaansfield doing energy PR".
If these activists, from both sides, wish to fight each…"
Profile Information
- What is your role in the Marcellus?
- N/A
- Why are you here?
- Learning
- Which state(s) are you following?
- Ohio
- What shale plays do you follow?
- Marcellus, Utica
Comment Wall
You need to be a member of Go Marcellus & Utica Shale: Leasing, Drilling & Mineral Rights to add comments!
Join Go Marcellus & Utica Shale: Leasing, Drilling & Mineral Rights
- No comments yet!
Local Groups
-
Beaver County, PA
151 members
-
United Shale Owners of A…
80 members
-
Lycoming County, PA
168 members
-
Belmont County, OH
292 members
-
Bradford County, PA
419 members
-
Sullivan County, PA
187 members
-
Venango County, PA
178 members
-
Wetzel County, WV
112 members
-
Tioga County, PA
320 members
-
Fayette County, PA
88 members
Like Us
Follow Us
Subscribe
Join our listsTop Content on GMS
© 2013 Created by Keith Mauck (Site Publisher).
| h2 | h2 | h2 |
|---|---|---|
AboutWhat 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 ] |
Links |
Tools & Apps |
Royalty Calc for iPhone
Royalty Cal for Blackberry
Oil and Gas Royalty CalcCopyright © 2012 GOMarcellusShale.com
