Featured Blog Posts (206)

Why the Pt. Pleasant is Key to Utica Production

 

The Point Pleasant formation has been described as marking the end of Middle Ordovician time.  The Ordovician Period is characterized as the greatest submergence of the North American plate because shallow seas covered such an extensive area, including all of Ohio.  In this environment, the Acadian mountain-building event occurred whereby sediments high in kerogen were shed from the highlands into a somewhat enclosed basin,…

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Added by John H on April 1, 2014 at 7:59pm — 1 Comment

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 — 1 Comment

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

Helpful Tips for Successful Royalty Management

By Davis Powell and Daniel Simpson

with SHALETRAK ONLINE Royalty Management Software

www.shaletrakonline.com

ShaleTrak often works with owners who are new to the process of receiving revenue from oil and gas production.  Below are a few basic tips to help oil and gas royalty owners with the management process:…

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Added by Keith Mauck (Site Publisher) on February 18, 2014 at 6:00pm — 2 Comments

Has Your Lease Expired or Have you never been leased?

Northeastern Shale Joint Venture

We are an oil and gas company in a joint venture with a mid-level operator with extensive, successful drilling operations in the northeast Marcellus. We are seeking to work with a single landowner or group of landowners who can form a drilling unit. The individual or group must meet the following criteria:

1. Landowners must NOT be under existing oil & gas leases.

2. The size of the proposed unit must be at least 400 acres. Up to 1200…

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Added by Dana Silkiss on February 6, 2014 at 11:40am — No Comments

Pipeline Easement and Right-of-Way Agreements - A Landowner's List of Terms to Negotiate

Pipeline Easement and Right-of-Way Agreements:

 

A Landowner’s List of Terms to Negotiate

 

Eric C. Camp

Decker Jones, PC

Burnett Plaza, Suite 2000

801 Cherry Street, Unit #46

Fort Worth, Texas 76102

(817) 336-2400…

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Added by Eric C. Camp on December 9, 2013 at 9:58am — No Comments

Landowner

 Recently , I talked to our land man for about an hour-I was a little surprised that he had that much time to talk. My mother is still living and is the real owner until she passes it on to my brother, sister and to myself. With her will and the language in the oil/gas lease this will happen with-out probate which is how we want it. This original agreement was made on April 16TH 1897 . Since then the oil/gas laws have changed and our contract with HG ENERGY LLC has improved since they…

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Added by Thomas Morris on August 6, 2013 at 1:00pm — 3 Comments

UPDATE: MarkWest Announces Its Plans For Harrison County

Energy In Depth's Shawn:

"UPDATE (5/31/12, 10:00 am ET):  MarkWest has come a long way since they announced their plans to build natural gas processing facilities in Cadiz last August. MarkWest has been processing 60 million cubic feet of gas per day (Mmcf/d), removing the wet gas components of ethane, butane, propane and pentane since late last year from their temporary facility. Just this month, MarkWest completed…

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Added by Anne Carto on June 3, 2013 at 11:57am — No Comments

Guest Post: Oil and Gas: The Tale of Two Revolutions by Stephen Moore, CEO Petro Chase

War, religion, politics, and guns have been hotly contested topics for decades, even millennia. It hasn’t been until the last decade or so when families, friends, and communities starting debating each other on the steps of state capitols and at dinner tables across the country over all aspects of energy, especially natural resource development.



It’s become an emotional debate, with two sides that feel like the other is not listening. Companies are frustrated,…

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Added by Keith Mauck (Site Publisher) on May 24, 2013 at 2:30pm — No Comments

Ohio’s Production Numbers Don’t Tell All

Dr. Robert W. Chase, Chair and Professor at Marietta College, gives background on Ohio production data:

"After at least an extra month of guarded anticipation, the Ohio Department of Natural Resources (DNR) finally released oil and gas production data on 86 wells producing from the Utica shale during 2012.  Oddly enough, an article from Reuters appearing in Friday’s papers dismisses the Utica play as a bust.  To quote the…

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Added by Anne Carto on May 20, 2013 at 10:44am — 1 Comment

MUST READ: “Community Bill of Rights” Soundly Defeated By Youngstown Voters

"Last night, voters in the City of Youngstown roundly rejected an ill advised “Community Bill of Rights” charter amendment that threatened the city from regaining its status as the economic powerhouse it once was.  The final vote tally shows the charter amendment was handily defeated by a 57% to 43% margin.  In the end 3,821 voted against the measure while only 2,880 voted to enact the…

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Added by Anne Carto on May 8, 2013 at 12:59pm — No Comments

MUST READ: The Truth about Permitting In Ohio

Energy in Depth's Shawn covers the tedious process of permitting in Ohio:

"A recent article in the Columbus Dispatch, entitled “Drillers: Ohio easy place to do business in,” left readers with the impression that Ohio has a rubber stamp system for permitting oil and gas development, and by extension a lack of proper scrutiny on safety and environmental protection.…

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Added by Anne Carto on May 6, 2013 at 2:30pm — No Comments

Energy Day: The State of Natural Gas in PA and Nationally

Energy Day took place last week in Scranton, Pennsylvania. The event was organized by America’s Natural Gas Alliance (ANGA), the Associated Petroleum Industries of PA (American Petroleum Institute, API), the Marcellus Shale Coalition (MSC) and the Pennsylvania Independent Oil & Gas Association (PIOGA). The event was attended by over 300 individuals and representatives of 13 different Chambers of Commerce. We will be…

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Added by Nicole Jacobs on May 8, 2013 at 10:04am — No Comments

Utica Shale: By The Numbers For April

Building on strong numbers from the first quarter of 2013, Utica Shale development in the second quarter of 2013 has been taking off in Ohio. Of course, we see headlines each week in newspapers all over the Buckeye state indicating new jobs, investments,…

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Added by Anne Carto on May 1, 2013 at 10:23am — No Comments

A Clear Majority of Ohioans Support Utica Shale Development

Energy In Depth's Mike reports Quinnipiac's new poll regarding shale development in Ohio:

"A new Quinnipiac University poll shows that by a substantial margin Ohio voters believe the economic benefits of oil and natural gas development outweigh any perceived environmental concerns associated with the activity.   Specifically, the poll found a substantial 63 – 30 percent…

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Added by Anne Carto on April 25, 2013 at 10:21am — No Comments

Bloomberg Misses the Mark on Utica Development

Energy In Depth's Shawn debunks Bloomberg's claims about Ohio's Utica Shale:

"In its recent coverage of the Ohio shale industry, Bloomberg News suggested that the oil and gas industry is leaving Ohio in droves. It’s fitting that baseball season is underway, because the report was an unequivocal swing and miss.

The central problem with Bloomberg’s narrative is that…

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Added by Anne Carto on April 17, 2013 at 10:13am — No Comments

EPA Should Have Stuck to the Facts in Natural Gas Debate

by Keith Mauck

Facts are essential in today’s debate over energy policy. It is a fact, for example, that the United States is producing more of its own oil and natural gas due to advances in technology. It’s also a fact that anti-oil critics are using fear tactics to fight the American drilling renaissance because the facts are not on their side.

Such political games are not unusual in America, but when a federal agency like the Environmental Protection Agency (EPA),…

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Added by Keith Mauck (Site Publisher) on April 11, 2013 at 11:00am — 1 Comment

Chesapeake Energy Finding Promising Returns in Ohio River Valley

Last year, Chesapeake Energy released the results of its Buell 8H well in Archer Township, Harrison County, to much fanfare. The returns – a peak rate of 9.5 million cubic feet per day of natural gas and 1,425 barrels per day of natural gas liquids and oil (3,010 barrels of oil equivalent) per day – sent a strong signal…

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Added by Anne Carto on March 11, 2013 at 12:06pm — 1 Comment

The implied covenant to market gas vs. the shut-in royalty clause: How long can the well be shut-in?

The implied covenant to market gas vs. the shut-in royalty clause: How long can the well be shut-in?

By Robert J. Burnett, Esquire 

 

This is a familiar but troubling issue for a growing number of landowners throughout the Marcellus Shale fairway.  Imagine you own 145 acres in Tioga County, Pennsylvania.  You sign a lease with a modest signing bonus in 2007.  You soon realize that your signing bonus is…

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Added by Keith Mauck (Site Publisher) on March 20, 2013 at 10:18am — No Comments

Summary of January 2013 Tax Changes Affecting Natural Gas Landowners

In the wake of the “Fiscal Cliff” deal in early January, I’ve received numerous calls from owners of mineral rights asking how the new law will affect them.  I’ve put together the following summary to help mineral rights owners understand the recent legislation, known as the “American Taxpayer Relief Act of 2012.”

 

3.8% Medicare Surtax for Taxpayers with Income over $200,000 or $250,000.  The new 3.8% surtax will affect single taxpayers with income over $200,000 and…

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Added by Shannon McNulty, J.D., LL.M. on March 13, 2013 at 6:10pm — No Comments

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