Replies to This Discussion

Permalink Reply by Chris on July 30, 2013 at 5:21am

Janice

Is the Upper Devonian accessible in Potter Co. Thanks for any info you can communicate.

Permalink Reply by Janice L. Hancharick on July 30, 2013 at 6:07am

I JUST concluded viewing a total site, maps, the works!  Potter is a MAJOR fairway for Devonian Shale activity. The answer to your question is YES.  Successful test wells have already been drilled focused on the Burket and Middlesex.  We have source rock.  This  must be why 4-County South (McKean & Potter) has seen keen company interest in the production units put together by landowner members since NAPE.  I'm elated to learn we've been sitting on a stacked potential reservoir all along, while slow goings kept folks focused on Marcellus which has never been Super.  

I expect our shape files to continue expanding and the AUG. 4-County  meetings to be very newsworthy.

They will be held AUG. 13, 2013,  Tue. 6:30 @ U.P. Bradford,  300 Campus Dr.  Bradford, PA               --- ALSO---

AUG  14, 2013  Wed. 6:30  Shinglehouse Fire Hall, 121 Puritan Ave. Shinglehouse,PA

Hope you can make good use of this info.  It surely pumped my adrenaline level up!

Permalink Reply by Chris on July 30, 2013 at 7:00am

Janice

Great to hear. Thanks for the info. Much appreciated.

Permalink Reply by Jack Young on July 30, 2013 at 7:13am

If only it was true. Potter County needs results, not cheerleaders. There hasn't been a profitable well in any of the shales Janice mentioned drilled anywhere in Potter County to date. It's not doing members of this forum a favor telling them stories that aren't accurate. The production data is all available on-line. Nobody has to take anyone at their word. Potter County will see better prices for leases and sales when it deserves them. And that will happen when something we actually have is proven to be profitable. 

Permalink Reply by jb379 on July 30, 2013 at 7:56am

Jack,

How do you expect Janet to further her agenda without some serious hype, please don't be a nuisance by working in factual nonsense. 

 

JB

Permalink Reply by Jack Young on July 30, 2013 at 8:03am

I just wish she'd cite specific wells that she feels are profitable, or name the companies that are supposedly excited about leasing. Then everyone could check her claims for themselves. I'm not saying that there won't be interest in the county in the future, but it's not likely to be county-wide or offer the same sorts of bonuses and royalties promised during the Marcellus bubble. The prices have to match the potential before the industry is going to take another look at places like Potter County. Talking the prices up is just going to delay the day when we see interest from the industry again.

Permalink Reply by jb379 on July 30, 2013 at 8:19am

Jack,

 

Agreed....that would definitely make sense, maybe too much sense.  I am just tired of all of the agenda driven hype.

 

JB

Permalink Reply by Tim on July 30, 2013 at 8:35am

"I'm not saying that there won't be interest in the county in the future, but it's not likely to be county-wide or offer the same sorts of bonuses and royalties promised during the Marcellus bubble"

Man, you need to level out, your roller-coaster rides of emotion are all over the map. Of course it wont be marcellus bubble money, who said it would be? Nor will it be every single parcel in the county. It is what it is.

Again, whining don't help. At least she is working to get something done. You two and many others complain before, during, and I bet a steak dinner (med rare), mashed w gravy and corn on the cob, that the two of you will be howling and moaning when a deal does get struck.

You either working on the problem, sitting by idle, or complaining, and you two have the third option down cold. How about picking up a shovel and helping the cause.

Are either of you, and any other whiners out there, going to the meetings that are set up in august?

(Lets be clear, some of this is tongue and cheek, to keep folks smiling. I understand there is true hardship, financial and other out there, and $ matters. My primary points are, you can help if you want, or not. But there is gas there, and in time, it will be extracted. Lets not bash and criticize those whom are doing everything they can to protect and help the folks who need it).

Jack, you prob are already fine, but with your acreage, you, and generations to come, if set up properly, will be more than fine. So lets back off and maybe even support those working to market your acreage. Cant hurt, can it?

Permalink Reply by Jack Young on July 30, 2013 at 10:31am

Tim, you don't get the business. Or are you really Janice posting under another name? No substance, no evidence, nothing concrete or useful.

Permalink Reply by Janice L. Hancharick on July 31, 2013 at 7:18am

Source rock or material source sites.  The info that indicated this region has much more in subsurface resources than some  are willing to admit came from many sources.  A partial listing:  Marcelllus Drillling News (MDN), Energy in Depth, Pittsburgh Post Gazette, Range Resource site, Houston Chronicle, Associated Press, PennEnergy, etc..

Companies jumping on board to follow-up on early geological reports and test well findings, and have put their $$ where their mouths are EQT, Range, CONSOL, Rex, and who knows what firm will be next?  SW Pennsylvania and our own region are part of this major fairway, with lesser findings in between.

If this is a fairy tale there are many professional sites and news outlets that need to be informed!  ... and a good many more not even named.

Want to keep acquiring low priced AC from locals and expand your holdings?  Refuse to acknowledge what's being reported.

Permalink Reply by Jack Young on July 31, 2013 at 10:05am

I'm not putting any significant time or money into acquiring oil and gas rights in Potter County, and haven't since the results of the initial wave of drilling hit a couple years ago. I've shifted to Bradford and Susquehanna Counties, as those are where the geology is better and drilling is still profitable. I've done that in response to what's been reported - there's no money to be made in Potter County right now, and there may not be for many years. Wishing and hoping and pretending won't help, so I try to be realistic and practice what I preach. You might want to consider doing the same.

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