Just curious...

     I am in Liberty township and a few months ago got an offer to buy my royalties for 1500 to 1800 per acre, but they would do a more in-depth look if I was serious which "mite change the numbers" slightly....even tho I am not drilled or receiving any royalties ..talked to a landsman rite b4 I contacted them and he advised caution as there will be "significant" activity in my area in the "near future"....how about it, anybody else get an offer or hear anything or see any activity here in Tioga Co. ?

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Every East lease that i have seen had unitization wording in it and I have seen several.  At the Gee well, the Utica is drilled at eleven thousand feet and the Blac River/ Trenton was drilled to 13,000 feet - a difference of at least 2000 feet.  I don't know what the interest is in the BR/T, but shell keeps poking holes into it

Let me suggest that you do a little more research before you post on this topic again - the Utica sits right above the Trenton - they actually touch. If you want to test the Utica with a horizontal well, you first drill a vertical well through the target formation and into the formations below to help you identify the best place to target your lateral. The combined Trenton-Black River interval is fairly substantial, however, and you can certainly drill further into it if you want to see what's there, as their combined thickness plus that of the Utica can be as much as 2,000 feet in some areas. Check out page 8 at http://www.dec.ny.gov/docs/materials_minerals_pdf/ogdsgeischap4.pdf

 Reply by Josie    

Lets all choose up sides, wanna?

ok, i'm on jack's side (if he's ok with that)

and my reason would be that he has more experience in pa geology and leasing than all of us put together. he's also been through these questionable times many times before. he's seen the booms and busts of the energy business and knows how tenuous a new play can be, that hopes can fade like the warmth of the setting sun.

am I agreeing with every word he is saying? not necessarily, at least not yet. but jack isn't saying, "shut up and listen to me! i'm always right!", he is merely offering his insights free of charge. not bad for a guy who makes his living at this gas stuff and doesn't stand to gain a penny by posting here.

wj

Thanks, Jim.

We're all in this together.

My, things are getting testy on here.  anyway, one page does not answer thee complexity of BR/T deposites of gas or oil as I see it.  The formations are based in general on faulting, although theories are that other geologic structures may cause hydrocarbons to form and be trapped.  Sometimes the Utica is involved and sometimes other deposites.  These "traps" are localized.  Now the Utica and Point Pleasant interface, as is found in the most productive areas of Ohio and surprizingly in nearby New York and at the Gee well, is more of a shale formation like the Marcellus.  Some areas will be productive, some not so much.  I do understand about drilling down to find the bottom of a paricular formation, but another 2000 feet  deep into a formation seems a little extravagant even for an oil company.  For those of you who wish to understand the Utica and the T?BR a little more, you need to spend some hours reading on the internet or other rescources.  one page about generalities isn't likely to set you on the right track or give you much hope.  Right now, hope is about all we've got in the county.  Dampening that hope leads to accepting rediculously low leases or selling out your mineral rights completely.  Those could be profitable choices for the gas and oil companies to incourage.  In the end, those are all individual choices. 

Now someone else is welcome to the last word tonight, so have at it.  So far, I have not minded being roughly "corrected" especially when the if the correction is carefully read, it turns out to confirm my own comments.

And of course all modern leases have unitization provisions. But they don't mention specific formations any more since almost any sand or shale is a candidate for unitization when you drill horizontally. Yes, Shell pokes holes into the TBR - if you want to drill through the Utica and see what the conditions are for future horizontal drilling, you have to do that. And there may even be some areas where the TBR will be producable on it's own. We'll see about that over time.

There is a big fish swimmin' around in my worthless, little, backwater bathtub.  I wonder why he is there.  I wish he'd take his big tail to a bigger pool over Ohio way because there is obviously nothing for him to eat here.  Every time he spins around, he just mucks up the water in this shallow, little pool and makes things hard for the little fishes to see.  (For paleface's enjoyment)

Brian,

If I didn't know the business and have something useful to say (or a question to ask) I wouldn't post. If you want to be the expert, you'll need to find a smaller pool... or learn to swim a little better.

You make the call.

You're up late, Jack.  Sweet dreams.  I'll catch ya later.

Reply by Jack Young  

Thanks, Jim.

We're all in this together.

now that I do agree with. and we can all help each other if we work together.

jack and I have sorta known each other for quite a while. I used  to disagree with him now and then, but most often, I found that I was wrong.

arguing over trivial things doesn't serve much of a useful purpose especially with so much at stake.

wj

? Since I included the "Unitization" heading for the paragraph in my quote, I did recognize that it was a unitization clause.

I posted the information as clarification.  The Phillips leases and unitization have been discussed in this group before and I thought that clause was probably what Josie was referring to.   

Chuckle.

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