March 2011 Blog Posts (10)

IS THE MONEY YOU RECEIVE FOR THE PAD TAXABLE??

THE MONEY YOU RECEIVE FOR THE PAD IS FOR THE DAMAGE TO TO YOUR LAND AND TREES IS IT SUBJECT TO INCOME TAX? MY TAX PERSON IS NOT SURE, ANYONE HAD THIS SAME QUESTION?

Added by stormangasman on March 30, 2011 at 8:32pm — 1 Comment

OIL AND GAS TAX CONSIDERATIONS FOR LANDOWNERS: Managing A Sudden Bonanza

OIL AND GAS CONSIDERATIONS FOR THE LANDOWNER: Managing A Sudden Bonanza by Garrett S. Hoge RFC, CFP, MS



Managing a Sudden Bonanza Oil and Gas Tax Considerations for the Landowner



Marcellus Shale gas drilling is the buzz in Washington County, with Southpointe serving as a vantage point for the tremendous amount of business activity driven by oil and gas producers, equipment manufacturers, and professional services stemming from oil and gas contracts. In fact, more than 50… Continue

Added by Garrett S. Hoge, RFC, CFP, MS on March 21, 2011 at 12:50pm — 4 Comments

Lease Offer - Northern Butler County - Venango Township

Signed Lease for Marcellus Only, $2,500.00 per acre, 15%, 7 years.

Many addendums to boiler plate.

Believe a good offer, especially since nothing else in the area, and at the present no infostructure.  I see that as a reason for the 7 years.   

Added by Terry W. on March 17, 2011 at 10:24am — 8 Comments

Water Quality Testing

Can drilling operations in your area have an adverse effect on your water quality? When and how should you sample your water to determine if it is being affected? What tests should be done on your water? These are great questions.



If you are concerned about contamination on your property and, more specifically, in your well, you can take precautionary steps by having your water tested by a certified laboratory specializing in water analysis. A certified laboratory is inspected, or…

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Added by John Hoffman on March 16, 2011 at 3:07pm — 5 Comments

Quebec Energy Pulling out of Ashland County, Landowners wanting to much money for their land in an undeveloped area. What are your thoughts about it?

Landowners want to much money for an undeveloped area and companies have pulled out....  Landowners that waited wont be seeing what they wanted now.....

Added by David Eudy on March 15, 2011 at 8:03pm — 4 Comments

Williams Taps into Early Pay Discounts, Reaps Big Savings

Williams Taps into Early Pay Discounts, Reaps Big Savings, with the Help of Oildex Spendworks

 

Challenge

Efficiently processing thousands of invoices before they become past due, with limited staff

Williams is the 10th largest natural gas producer in the United States and specializes in developing non-conventional reserves from tight sands, coalbed and shale formations. It's primary…

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Added by Oildex on March 10, 2011 at 5:34pm — No Comments

Penn State Extension responds to New York Times Articles

Article from Penn State in relation to the New York Times articles.

Subject: Insights to Pennsylvania Marcellus Wastewater Treatment — Natural Gas — Penn State Cooperative Extension

http://extension.psu.edu/naturalgas/news/2011/03/insights-to-pennsylvania-marcellus-wastewater-treatment

Added by Garrett S. Hoge, RFC, CFP, MS on March 10, 2011 at 11:52am — 1 Comment

Helping Private Wellowners - Fix Private Wells to Produce Clean Safe Water in Northeastern Pennsylvania

Area homeowners that have an issue with their household water well may be able to receive some technical and financial assistance through a program being administered by the Pocono Northeast resource Conservation & Development (RC&D) Council. The Council’s program called the Household Water Well Assistance Program will be available beginning March 1st to provide very low interest loans to low to moderate income families in rural areas to service, repair, or…

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Added by Brian Oram, PG on March 9, 2011 at 8:00am — 2 Comments

Wetlands and the Marcellus Shale Formation

Some Thoughts on Wetlands and the Marcellus Shale Formation



The Marcellus Shale formation and its natural gas deposits are proving to be a major economic driver for the east coast and mid-west. The formation extends from upstate New York, west to Ohio and south to Virginia. It is one of, if not the largest natural gas deposit ever found. The long term energy implications are profound.



However, there are a number of environmental issues that must be addressed. Chief among… Continue

Added by Marc Seelinger on March 8, 2011 at 11:07am — No Comments

Central Michigan Exploration

Does anyone know how the above company is tied to Stone Energy?

Thanks

Les

Added by Les Switzer on March 8, 2011 at 7:56am — No Comments

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