Replies to This Discussion

Permalink Reply by Dexter Green on August 20, 2014 at 2:42am

Lawrence is dry Utica, wet Marcellus. 

Permalink Reply by Trapper on August 20, 2014 at 2:58am

Thanks Dexter. That'what I thought. Just wondering why Rex designates us as dry Utica and excluded wet Marcellus from that designation. I mean their presentation is for the benefit of investors so why not tout that benefit as well?
Also curious they mention possibility of joint venture......who might that be I wonder.,...?

Permalink Reply by Dexter Green on August 20, 2014 at 6:00am

Probably because the Marcellus isn't going to be the king in Lawrence county.  I think the Utica is going to blow minds once gas prices move to the right range. 

Permalink Reply by Trapper on August 20, 2014 at 6:21am

Good enough for me! Lol. I just hope Rex is serious about developing all of these leaseholds. It sure would be nice to retire a little early. At 54 now and ain't getting younger! It is good to see discussion again about our county. Optimism may have been rekindled!

Permalink Reply by Trapper on August 31, 2014 at 3:36pm

Lots of well tanks sitting at Charlie DeMarcs old junkyard property along beaver river below West Pittsburgh on Rt.168! Site was pretty empty for quite a while until now. Staging for some drilling by the looks of things.

Permalink Reply by Rich on September 1, 2014 at 4:26am

Hi Trap! After talking to my Nieghbor I really think Rex is serious about drilling here. And they told him large amount of oil under our property! We don't believe that. they will say anything to get u to sign a new lease. But they said they really need his 15 acres for the unit! And had a map of all unleased property only a couple left! They want the well in by next summer. Hopefully! Time will tell. We guess Mcbride farm on mt. Air rd

Permalink Reply by Trapper on September 1, 2014 at 6:31am

That's not the first time I heard of oil out your way. Like I said lots of those big vertical tanks being staged @ DeMarc's. Can't imagine Shell walking away from oil though.
There are two like them @ the Patterson wells. Interesting array of what appear to be treater's between well heads and where gas actually goes into the TGP for sales. Tucked in over the hill where there is a roadway. Can't see that from the road. Wondering why no NGL's are being reported. Maybe it's brine?

Permalink Reply by Trapper on September 2, 2014 at 2:40pm

http://www.rexenergy.com/shell.html
I think we are going to like dealing with Rex.

Permalink Reply by BradJN on September 16, 2014 at 5:20am

Anyone in Western Lawrence County with unleased land been contacted lately about signing? What kind of offers?

Permalink Reply by Rich on September 16, 2014 at 5:27am

Hi Brad! Where u located?

Permalink Reply by BradJN on September 16, 2014 at 5:30am

North beaver twp

Permalink Reply by Rich on September 16, 2014 at 5:40am

I'm on wampum mt air rd and my two Nieghbors are talking to a Rex landman. They told him they want a gross royality no deductions clause and he said he will get back to them. Have you talked to anyone from Rex yet?

• ‹ Previous
• 1
• 2
• 3
• 4
• 5
• 6
• …
• 11
• Next ›
• Page