Talisman is doing seismic testing on my property. This is good news right?

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I would consider it to be a good thing.

 

The availability of seismic data reduces uncertainty for the O & G Operators; and as such can increase interest in a property (and can increase the amount that a landowner can receive).

 

It is a potential nuisance, and the compensation is minimal - but, it can pay dividends in higher bonus and getting wells drilled and getting into a production unit much quicker than otherwise.

 

 O & G Operators will likely first drill where they feel most comfortable; they are most comfortable where they have the most data available.

 

"Seismic testing" consists of imparting energy into the earth; typically via vibrator trucks or small explosive charges placed in shallow (+/-30') holes.

Sound waves are generated that travel down through the earth, with a portion of that energy reflected back towards the surface when various subsurface rock interfaces are encountered.

The returned energy (vibrations) is detected by geophones (essentially very sensitive microphones) placed on the surface; these vibrations are recorded and subjected to computer analysis.

The goal is to obtain an image (in travel time) of the subsurface of the earth using the “echos” of sound waves reflected back to the surface.

The travel times of these “echos” are then converted to distances and a depth map is produced.

 

The goal is to “image” the subsurface using sound waves in order to obtain a “picture” of the subsurface (an analog being using our eyes to image what is in a room, with light as the source and our eyes as the receivers).

 

Having an "image" of the subsurface can increase the likelihood of drilling a successful well.

 

JS

Which way (outside Blossburg) are you? I'm on Mt. Top Road. We had our testing done, I'm thinking two years ago now and, there are no further activities I am aware of in my immediate area according to one individual I spoke with in Houston from APC. Other conversations I have had suggested that a $4 bucks per MCF, its not profitable enough.

This is just what I was told.

Is there any insight as to why the top of Bloss Mountain seems to have been circumnavigated by so much activity. When I look at well maps there seems to be a slew of activity just north of us but not two miles south, almost no activity.

Is the issue, Petro companies are moving to oil production?

Could it have anything to do with the lack of pipeline capacity?

How long does it take to run pipe line from start of first permit application to first connection from a well?

Does a any one have any insight regarding the seismic done a year or two ago in my region?

 Do you know how big an area they are doing the seimic on and are they all Talisman holdings?

Where is Blossburg? OH, WV, PA. never heard of it.

PA
Blossburg has had a lot of activity north and east. As far as the area south of it, Ogdensburg rd to Ogdensburg, a lot of land belongs to the commonwealth of PA, interspersed with private land. Now the lions share of all this land has come under the control of Exxon with a PA company, PGE, set to start some initial drilling. Time will tell how well they dd. I don't know anything about Pennnsylvania General Energy Co. Anyone with knowledge?
Tom, I am located halfway up White st, before the NSTWA site.
Paleface, not sure of the area size but yes, all Talisman.
Thanks Jack!
Thanks Jack!

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