Replies to This Discussion

Permalink Reply by paleface on September 12, 2010 at 6:01am

The largest problem for this gas play is local,state and federal govt. regulating and taxing the gas co. The govt.. is making money hand over fist and they are not producing the gas just taxing it we own the gas the land owner and the gas co. is drilling it.If you didn't already pay the taxs on your bonus you wont believe what the govt. is making on this and than asking the gas co. to pay for the most insane regulations that have ever been forced on any industry in the history of the United States?

Permalink Reply by 2pwyhp2o205y9 on September 12, 2010 at 6:15am

You can try all you want to make me feel sorry for the gas companies....it just won't work. I hope the state of PA regulates these people until the cows are tired of coming home. or, at least until the O&G people are forced to be honest.

If the state of PA gets a 5% severnece tax, I hope that they are smart enough to also get the ability to monitor all gas well heads with independent measuring devices so that we all can see what the real production is and not some made up version the O&G people will come up with.

Permalink Reply by William Ladd on September 12, 2010 at 12:23pm

What they need to do is to install a meter at each wellhead and at the junction where all wells on a property converge to deliver their production into a main transportation pipeline. This meter is to be read by an independant company that is not connected in any way to any drilling company. Any discrepancy within a very few ccF should be grounds for the operators and meter readers to be put into the ditches to dig piplines by hand with a peck and shovel for a period of at least a month! Land owners should have the right to be able to read these meters at any time they so desire!

Bill L.
aka Bummy

Permalink Reply by 2pwyhp2o205y9 on September 12, 2010 at 12:36pm

Unless your lease gives you that right you do not have it and I do not know of a single operator that offers that right to you unless you ask for it and then usually you still don't get the right. What does that tell you?

Permalink Reply by William Ladd on September 13, 2010 at 1:11am

Probably you are correct M.R. but some electric companies do allow you to read your electric meter and call in the readings. I really cant see what harm there would be for a land owner to just check the readings. Maybe no one thought to ask for that right in their lease. I was thinking that maybe it should be included in leases or maybe even become a legal requirement that it be done.

Bill L.
aka Bummy

Permalink Reply by Ann Ticopa on September 13, 2010 at 1:56am

Anyone know if there is actual consumer-type meter to be read? And if there is, whether it's accessible without a "key"? Since the technology is available, I'd expect the meters to be read remotely, over a wireless connection.

Permalink Reply by William Ladd on September 13, 2010 at 12:27pm

Hey Ann! If these meters can be read electronically then they could easily by put on to a internet site and we could punch it up to see our own production figures.

Bill L.
aka Bummy

Permalink Reply by Ann Ticopa on September 13, 2010 at 1:16pm

I wouldn't hold my breath ... the gascos are unhappy enough about the new production reporting requirements. [grin]

Here is an article about "lost" gas (LUG) that also explains the steps from the wellhead through the processing plant.
http://fwbog.com/index.php?page=article&article=248

Permalink Reply by Jim Bob on September 13, 2010 at 11:13am

An East landman told me today that they had a pipeline that went to Corning and that all of the gas was currently sold and used locally. They also said that they were connecting to a pipeline that went down south.

Permalink Reply by Jim Bob on September 13, 2010 at 11:16am

This was confirmed by someone who works in local government who had gotten a notice about it.

Permalink Reply by Carolyn on September 15, 2010 at 6:57am

Before you get too excited about your new Hummer and flat screen tv; it would be wise to ask just how the gas company determines just how much gas they are taking from under your land. Do they send a monthly report? How do you know what they are telling you is correct? Is there an independent auditor? How much taxes do you have to pay on said royalties? I know two families in Dimock who have received royalties; one for $900 and the other for $29.00. Of course they had to spend $5,000 on water buffaloes since they have poisoned water now.

Permalink Reply by Jim Bob on September 15, 2010 at 9:18am

So I am in the middle of a 640 acre pool. Everyone around me has leased. I don't own a significant amount of property. Less than three acres. I can shake my fist and complain and talk down to others and be patronizing to people who are leasing or I can take what I can get because it is happening with or without me. If I say no they will drill a half acre to my left or a half acre to my right and it will effect me the same way but I won't get a dime. I can make any demands I want of East and they are not even going to blink an eye at me because they barely care if I sign or not. They just have to offer it because I am in the pool.

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