Stark County Ohio?????

First off, I want to say that I am VERY happy for all the landowners in the wet gas zone that have benefited from the Utica.  You have worked hard on your land and you deserve the spoils that is coming to you now. 

Second, I have read post that state follow the money and see where it goes.  That brings me to my question about Stark County Ohio.  Back in 2010 CHK flooded the area with land agents leasing up all the mineral rights to land not held by production.  Then they purchased the deep mineral rights to the land held by production.  This was even before people started talking about the Utica.  It was still about the Marcellus.  That same year, CHK year end report to stockholders letter, they mentioned they wanted to diversify their production to a 50% gas and 50% oil.  Did CHK miscalculate the Utica in Stark County and miss the sweet spot?   Or did they lock up the land on 10 year leases and held by production to give them time figure out the best way to drill the Utica and then come back to this area for the oil?   If you follow the money, the first of the money rolled into eastern Stark County but since 2010, all has been quite?   I know most of the land around here has been held by production since the 1960s when the last big oil boom hit here.  Have they pumped all the oil out of here or is there more deeper down.  That is the one billion dollar question.  Just some thoughts I had this morning and I welcome others who have their own thoughts.  

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Permalink Reply by David A Cruise on December 18, 2013 at 4:25am

I believe one of the highest producing wells in this area is the well along route 619 in Marlboro township. If you look at the Geological maps thru the state of Ohio website. It shows a concentrated amount of hydrocarbon deposits in the Northern Stark /Southern Portage county area. I am in Randolph Township in southern Portage county and we have had no drilling in our area but CHK bought up all of the leases around here in 2010. I believe they are all 5 year leases paying $2250.00 per acre. I also believe they are getting ready to drill other wells in the New Baltimore area on the Portage County line off of route 44, I am maybe 3 miles from that spot. 

Permalink Reply by David Mohn on December 19, 2013 at 2:19am

My gut feeling is that when they start to drill the volatile oil window we might see some very productive wells.  From what I can see on the latest maps, I am sitting on the border of the wet gas window and the volatile oil window.  Only time will tell but rumors are 2014 and 2015 everyone will see what the Utica is capable of producing I all zones.  

Permalink Reply by Chris on December 18, 2013 at 5:17am

They drilled the Hosey well just south of 224 in Near the Portage/ Stark line, the well was dry and they plugged it.  I don't think they are real excited about that area, I would say that they misjudged where and how narrow the sweetspot was in Ohio by putting so much of their money in Carroll County.

Permalink Reply by David A Cruise on December 18, 2013 at 5:47am

Was the well actually dry or just all dry gas. I wondered about that well. I thought maybe they were waiting to get some pipelines in to transport the gas.

Permalink Reply by Joseph-Ohio on December 18, 2013 at 6:20am

https://gis.ohiodnr.gov/Website/DOG/WellSummaryCard.asp?api=3413324...

The above link should take you to a Hosey Well Report Summary Card at the ODNR website.

It says the well did produce 583 barrels of oil in 2011 from the Point Pleasant but it also says it's status is Temporary Inactive or something like that.

Looks like both oil and gas found but no gas production specified.

As I read it anyway ! ? !

Permalink Reply by Chris on December 18, 2013 at 7:37am

I was told it was a dry hole, but they might come back and try to drill again, looks like it did produce some from what the well card says.  I live about a mile away, and havent seen activity there since they shut it down. Im not sure why it says permitted in 2013.

0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on December 18, 2013 at 7:48am

" Im not sure why it says permitted in 2013."

When you put a well in Temporary Inactive status you need to apply for a permit for such designation.  They probably did that in 2013.

Permalink Reply by Joseph-Ohio on December 18, 2013 at 6:31am
Thanks for your informative post David.
What is a new revelation to me is the part about CHK purchasing the deep rights on lands HBP (in Stark Co.)
Guessing that's probably what they did (or tried to do) in all of the Ohio Counties in the so-called Utica Point Pleasant Oil Window then.
That also helps me understand what I perceive to be the push to change leasing rules and laws to the great advantage of the O & G E & P interests and what seems to me to be a running over what I'm thinking is a minority of unleased landowners and landowners not HBP and their private ownership rights.
If they control all of it it, it will be to their great advantage whether they drill / assign / sell their interest - no matter what they choose to do.
What's surprising to me is how easy it's been for them to gain so much legislative ground so far.
Where's the landowner negative response ? ?
When you're hurt you normally say ouch ! ! Stop it ! ! I do anyway ! !
I guess landowners are in a minority in the 1st place and now unleased and landowners not HBP even a smaller minority.
Hope it's not too late to fix and I really think it needs to be fixed.  Especially the force pooling landowner rights abuses.
Anyway it's just my landowner guesswork.
Anybody who sees it differently ?

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