All Blog Posts (1,105)

From GMS: Invite our 20,000th Member and Win!

Good Morning Shaler,

GMS is just 8 new members away from our 20,000th! This is a nice Christmas present to me, so thank you for being a part of this network.

I want to have a little fun with this milestone, so here's the deal. If you …

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Added by Keith Mauck (Site Publisher) on December 17, 2014 at 10:00am — No Comments

Notice of Delinquent Payment of Royalty per Lease Agreement

To:



From: __________________________ Address_____________________



Owner Number: _____________



Well: _______ County, Ohio Your Well # ______ Property Number: __________



Date: _________



Notice of Delinquent Payment of Royalty per Lease Agreement



The Royalty Statement generated from production of ______ Well __for the months of Feb through May, 2014 contain the following issues which are contrary to the lease agreement in… Continue

Added by Ron Hale on December 12, 2014 at 10:48am — No Comments

undue influence

Sherri , After reading your post I would advise you to look into (with an attorney ) the legal term "undue influence" - it is usually applied to wills , probate , trusts , etc. - What it means is that someone has had an unfair influence over your mother because they have influenced her - capitalizing on her fears of being poor and handicapped - and even of dying and maybe not going to heaven etc. - easy for a pastor or caretaker to do because the person depends on them so much, or fears that…

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Added by Kirk Sherry on December 9, 2014 at 9:48pm — No Comments

Crude Oil Market Summary for Week Ending Friday December 5th

Crude oil futures in the January contract had a wild trading week continuing a bearish trend after settling last Friday around 66.15 basically going out at the same price today and if you are still short this market I would…

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Added by The Crude Oil Trader on December 7, 2014 at 10:41am — No Comments

Weekly Crude Oil, Dollar and Gold Market Summary for Week Ending Friday November 28th

Crude oil futures in the January contract are down $6 a barrel as OPEC announced on Thanksgiving that they will not cut production as the trade was…

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Added by The Crude Oil Trader on November 30, 2014 at 12:22pm — No Comments

Week Ending Crude Oil, Gold and Coffee Markets Summary for Friday November 21st

Our trading partner Mike Seery brings us his weekly call on crude oil, gold and coffee. Could crude oil really be headed lower? If king dollar gets it's way it just might be headed much lower.… Continue

Added by The Crude Oil Trader on November 23, 2014 at 8:25am — No Comments

weight & measure

 Is the Pa. dept. of weight & measure have anything to do with the gas well production? I have not yet received a payment due to waiting on the pipe line hook up. Dave

Added by dave smith on November 21, 2014 at 3:34pm — No Comments

Low Ball

   Has Antero tried to low ball anyone by offering to pay royalties based on net production instead of gross production even though the contract clearly states that payment is to be made based on gross production

Added by Todd Beem on November 20, 2014 at 11:53pm — No Comments

Column: Saudi Arabia and New Mexico: oil price threat

Article cover image


Column: Saudi Arabia and New Mexico: oil price threa…

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Added by Bob Perkins on November 20, 2014 at 6:32pm — No Comments

Alternate Fracking and Wastewater Treatment Methods

 

In researching this subject, I discovered a January 16, 2011 article featured in OilOnLine which provides an interesting alternative to conventional fracking techniques.  Virginia based PDN Mountaineer, LLC announded that they have partnered with Utah based Purestream Technology in incorporating their Trilogy system to treat and purify wastewater from their Marcellus operations.  Purestream claims to be able to alleviate the environmental impact of hydraulic fracturing by…

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Added by John H on November 17, 2014 at 3:36pm — No Comments

Chesapeake Energy Royalty Statement Decoded

*Oil, Gas and Natural Gas Liquids are sold well below market value to Affiliate (Chesapeake Energy) then a royalty is paid. The product is then sold on open market for a fair market price. An investigation will show that all royalty paying sales by CHK are by the same route, a bogus sale. The Royalty Statement admits to this activity which fits the definition of Theft By Deception per Ohio Revised Code.



*Natural Gas is used by Chesapeake free of charge as stated on Royalty statement.… Continue

Added by Ron Hale on November 7, 2014 at 12:12pm — No Comments

Too Much Clay? Chill Out. Why Cryogenic Fracturing May Be the Answer

 

Almost without exception, today’s shale wells are stimulated using water-based fracturing fluids (slickwater).  This technique is popular due to its ability to transport proppant effectively at a relatively inexpensive cost.  However, it is a magnet for criticism from environmentalists, who are concerned about the incredible volume of water needed as well as the resulting contaminated wastewater which must be treated and disposed of properly.   Water use is often cited as one of the…

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Added by John H on November 2, 2014 at 8:21pm — No Comments

stalder unit

I wonder eventually will triad buyout Eclipse part of the Intrest In stalder unit

Added by WHO MAN on October 9, 2014 at 6:52pm — No Comments

Utica in Greene Co Pa

Anyone leased the Utica in Greene Co?

Added by Mother on September 24, 2014 at 8:59pm — 3 Comments

Rice Energy Lease Bonus Payments

Hi - Received an offer from Rice Energy which shows 1/2 bonus paid in 75 days and balance paid one-year from signing. Does anyone know if Rice Energy is normally agreeable to other bonus payment schedules that would better benefit the landowner (like maybe 1/2 in 75 days + 1/2 in 3 months)? Am worried they would not pay the second installment when it comes due. Any advice on this is welcomed!

Added by Suzy on September 19, 2014 at 3:44pm — 1 Comment

Lease

I have 133 acres in Bradford County near Warren Center does anyone know if any of the companies are currently entering into leases?

Added by Jason Ellis on September 18, 2014 at 11:02am — 3 Comments

Enervest / Hilcorp venture

Has anyone worked with Western Land services in ratifying existing Enervest leases with Hilcorp?
If they are ratifying the lease ,why aren't we entitled to a sign on bonus or the royalty rates that the new lessees are getting?

Added by Lonnie Ray McFall on September 4, 2014 at 9:43pm — No Comments

Holbrooke storage field

Signed a lease with a company in November of last year. We are the mineral/royalty owners. We were told that the landowners get the signing bonus and we get only royalties. The last thing we were told is that there is no time frame when we would get our royalties and that drilling is being held up by the Holbrooke storage field. They obviously knew this before they had us sign a lease because there has been litigation over the storage field since 2012. Anyone know what gives? We are ready to… Continue

Added by Debra Lynn Pennell on August 16, 2014 at 3:00pm — No Comments

Hilcorp in Greene County Pa?

Anyone in Greene County Pa approached by Hilcorp?

Added by Mother on August 10, 2014 at 1:35pm — No Comments

Ohio's Triple Play?

As early as 2011, Range Resources CEO John Pinkerton was already being quoted trying to control his enthusiasm for what he calls a “triple play” in Ohio. Mr.…

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Added by John H on August 7, 2014 at 4:23am — No Comments

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