March 2014 Blog Posts (5)

Beware of the Taxman!

I've seen all the Democratic ads wanting to add more Marcellus and Utica Shale taxes and shift money to Philidelphia instead of creating jobs and more taxpayers where the product is found! This has been my biggest fear! This will happen if we don't read between the lines. We need taxpaying jobs and not more taxes!

Added by John J Interval, P.G, C.P.G. on March 23, 2014 at 10:54pm — No Comments

Potential Suitors for a Chesapeake Buy-out

 

Ever since billionaire Carl Icahn bought in last year, speculation has been that he would eventually force a sell-off of Chesapeake.  He has already forced a number of divestitures including the recent sell of their pipeline, processing and mid-stream divisions.  He is almost single-handedly credited with forcing the reluctant resignation of Aubrey McClendon and has a track record of controlling the company's leadership and…

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Added by John H on March 23, 2014 at 6:07pm — No Comments

The Truth about the Utica Shale

Admittedly the Utica has come with great hype and promise. Upon the release of Ohio’s 2012 production figures, many pundits were disappointed.  Seems many are convinced that it has not lived up to its billing.  They apparently had hopes for a huge oil bonanza here and were quite disappointed at the purported oil/gas ratios.  But is there really enough data to definitively form opinions, and is the data being interpreted correctly?  Let the debate…

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Added by John H on March 23, 2014 at 6:00pm — 2 Comments

Royalty Rip Off? The Case Against Chesapeake



Joe Drake (Abrahm  Lustgarten  for Propublica)

This story was co-published  with The Daily Beast.

At the end of 2011, Chesapeake  Energy, one of the nation's  biggest oil and gas companies,  was teetering  on the brink of failure.  Its legendary  chief executive  officer, Aubrey  McClendon,  was being pilloried for questionable  deals,  its stock price was getting  hammered  and the company  needed to raise billions of dollars  quickly.

The money could be…

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Added by John H on March 23, 2014 at 6:00pm — 2 Comments

Wellhead Flare Flow Measurement Solution

As a mineral rights owner/lessor, do you know how much vent gas is flowing out the wellhead flare stack that relates to production?  We have a cost effective reliable solution for monitoring and reporting the vent flare gas that involves wireless technology with a solar powered system for remote well head sites.  If you have interest in learning more about this solution, contact me at jerry@thermalinstrument.com  

Added by Jerry Boisvert on March 10, 2014 at 2:34pm — No Comments

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