Thought I'd start a place to post about the Wall Site. Looks like they are fracing it now. This site is less than a mile into Beaver County and less than that from some of Shell's leased land in Lawrence County. (Mine included) If you hear anything , please post it here.
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Thank you Chris.
@$280/acre/month that's great! I believe only two of the seven wells are even tied in and selling gas. I would have to say the Pattersons aren't too upset with the rumored low signing bonus and likely 12.5% royalty they received initially. Proof enough that the big money is in the royalties , not the bonus.
Patiently waiting to see a flare................
STILL Patiently waiting to see a flare................
They have not pumped out the brine yet. Will they just let it sit like this????
Hi Lou and Glenn,
My property is in a unit 2 miles west of Beaver County in Hancock. Chesapeake drilled and completed a well there last year.
After they frack/complete a well, they will let the pressure build for a few months before they test the open flow of NGL's, gas, condensate, etc. and will at that time haul the brine off and flare the gas for a bit during the test.
So, how long until your leases were to expire when they filed the DPU's? About 1 week for me.
Todd
Hi Glenn,
Wish I was leased with Shell! Unfortunately, Chesapeake is a monopoly in my small county.
Thanks for your wishes and Good Luck to you as well!
Keep lookin and listenin for that flare! :) LOL
Todd
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