Marcellus and Utica in Washington County?
I hired a law firm in Marietta to clear up old leases on my property in Waterford. I chatted with one of the attorneys yesterday. He said something interesting that I hadn't really heard before, that indications are (from other very high producing wells just north of there) that the Marcellus might be very good in my area and he feels that might be even more lucrative in royalties than the Utica over time.
I feel that's an important thing to consider when entering into a lease agreement with any O&G company. Know exactly which layers are being leased, will you be HBP in one and not be able to lease out the other even though those particular drillers aren't going to tap the other? Just questions to think about and research and probably get legal counsel on before signing anything.
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Replies to This Discussion
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Permalink Reply by jonathan M. on
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Dee, what are the other "very high producing wells" you are referring to? thanks
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Permalink Reply by Dee A on
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I believe they are in Noble and Monroe but don't have the names of the wells.
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Permalink Reply by searcherone on
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Check out the discussion of Eclipse Resources that I posted and yes it does appear that the marcellus has the wet gas in the Ohio River area; map done by Eclipse Resources puts some of it in Washington Co.
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