Replies to This Discussion

Permalink Reply by Tug Steward on December 22, 2012 at 8:20pm

Tell us how you really feel?

 

Permalink Reply by PLOVER on December 23, 2012 at 9:52am

 .... WHERE DID YOU GET YOUR FIGURES ? PLATT'S GAS DAILY ?

Permalink Reply by melissa humphrey on December 30, 2012 at 12:36pm

Stat oil Oct - 3.05    better

Anadarko - 2.75 - 2.91

 

John- spource for NYMEX is thee NYMEX futures exchange, using nearby contract which for October is the November contract. Granted that is for contracts settled the last day of october for delivery through November but still a good proxy.

 

Source of prices is from a few people who share their prices with us. It is not comprehensive but covers 4 townships and about 12 wells.

 

Sure we know take-out is being worked out and its limit has created discounts vs HHub (NYMEX spot) but the discount especially by Chesapeake is outragious. Shareholders should be steaming let alone royalty owners.

This isn't a small item.

Someone in Bradford County mught comment, we hear the TGPipe was opened to greater volume Nov 1, if so we should see better pricing in Nov. And in time .20 over NYMEX being so close to high use markets.

Meantime, people that care need to ASK questions instead of being rolled for the 10th time.

 

Permalink Reply by melissa humphrey on December 30, 2012 at 12:37pm

Tug-- HI. Thanks for your contributions here.

BTW any chance you know if the Welles 1 ,3,4 or 5 are tied in?

How about Linsky in Tuscarora twp?

 

Thanks for any help.

Permalink Reply by Tug Steward on December 31, 2012 at 12:39am

Welles' 015-20244 and 015-20242 are shown as producing wells as of the reporting period ending in July 2012.  No indication from DEP records the others are producing but I can find out.

 

Permalink Reply by melissa humphrey on January 3, 2013 at 1:26am

TUG- Thx. You seem more informed than most, THX. Also appreciate your candidness.

Occasionally someone shares some production data with us. Rare and nothing we can count on. Per your reference to DEP data. Happen to have WELLES unit 1, 3H Oct produced 148k mcf and 5H 242k mcf. If we are not mistaken, both were tied in the same date or very close, August 2011 if our recollection is correct.

 NOTE the wide variance. Don’t have data to know which is the NW bound vs SE bound bores. It would be interesting to see if that correlates with the 2 SHIRLEY wells which have wide divergence as well.

 

Wells 2 (thought that was the producing unit but guess not) , 3, 4 and 5 have all been drilled, not sure which were completed (fracked). And there were multiple H2O problems in a few of them, thus the delay.

 Maybe that Duffield occasionally poster might have some word of the other WELLES Units are tied in.

Regards and thanks to all for all contributions.

Permalink Reply by Doug Duffield on January 3, 2013 at 5:17pm

345 were never fracked, rumored to be plugged and abandoned in the near future, remember rumor, but from a good source. Welles 2 is producing, just east of Shirley. linski is in production

Permalink Reply by melissa humphrey on January 4, 2013 at 11:09am

Mr Duffield- Thank you very much, very helpful.

For CHK if they plug, they will lose a lot of leases I assume. Often the lease reads

"a well capable of production" , to move the lease past primary term.

 

Sometime back there was the theme they would drill fresh wells there.

 

Thanks, we will see!

 

 

Permalink Reply by Stan G on January 6, 2013 at 8:50am

On the Struble well in Litchfield CHK paid 2.787 on my Oct statement

Permalink Reply by Marty on January 14, 2013 at 2:33pm

SWN paid $2.67 in Oct