Replies to This Discussion

Permalink Reply by Sage59 on December 7, 2014 at 5:46pm

That's ok MJ. Whispers on the wind are all we have right now.  Now -- If that did come to pass, and the name Gasfrac was stenciled on the doors of the trucks -- Good Golly Miss Molly!   I realize that is really stretching, but who knows?  The weather is cold and the grass won't need to be mowed for a few months, so there is plenty of time to speculate. Maybe Snort's whispering about his "garage sale" theory will seem more like breaking wind in time. 

Permalink Reply by MJ on December 8, 2014 at 7:11am

Well, he is an oil and "gas" professional is'nt he? I think Brad has moved on to more important eneavors and is done "informing" us poor goat herders here in Trumbull. Next year may be very interesting...back to the woods for me.

Permalink Reply by Robert Bond on December 8, 2014 at 7:19am

Please keep reporting from the woods.   That is often a good place to learn things!!!

Permalink Reply by Sage59 on January 3, 2015 at 12:01pm

Hi all. Happy belated New Year. It's easy to state the obvious -- it seems that patience remains the name of the game. Here is an article that some may not have caught recently. It seems that the industry is working hard to unlock the northern utica shale, and improve on old techniques.  

Here is a quote from the article -- "Producers are particularly intent on cracking a very stubborn oil-rich area of the Utica shale in Ohio that has resulted in poorly performing wells. Deep in the shale, water can sometimes cause rock and clay to hold onto gas instead of release it."

 http://triblive.com/business/headlines/7306534-74/gas-environmental...   

I pass the Buckeye Well now and then, and I haven't noticed any equipment being removed. Maybe Snort just had a bad day when he said it was a BP equipment fire sale when the three wells were sold to Halcon and Enervest. Maybe BP and its old dogs should be watching out for new tricks as they are developed. Maybe BP gave up too soon.  (Any whispers from the woods MJ? :)   

Permalink Reply by Robert Bond on January 3, 2015 at 1:19pm

The article is a good read and it makes sense.  It sounds as if the technology to handle the geology in the northern Utica is progressing.  Lets hope that these new processes are successful and that this part of the state becomes attractive for drilling in the near future.

Permalink Reply by MJ on January 30, 2015 at 6:56am

Very quiet in the woods lately, but I did notice a small rig drilling a vertical well on route 88 last few days. Just off the road and directly behind a house. 20 acre Kish unit, 4200' Clinton sandstone, Cedar Valley Energy Inc. Nothing else going on that I have heard. Anyone else?

Permalink Reply by tomvargo706 on January 30, 2015 at 7:08am

Off Topic: I have 20 acres for land for sale in Mecca Twp West/with mineral rights for 59K  (steel barn, good well, bad septic, old mobile home, old farmland, heavy brush, could be cleared with bulldozer for farming) firm price/leased to BP. Need fast closing. Anyone interested? Contact me in my inbox. Thanks guys!

Permalink Reply by Robert Bond on January 30, 2015 at 7:14am

Keep us informed, I know things may get even slower but this will cycle, and oil prices and gas prices will go back up.  With this world market place prices move in wide gyrations.

From what I hear Halcon is still keeping wells operating but not doing much around here.

Permalink Reply by Sage59 on January 31, 2015 at 3:07am

I agree gents. "Very quiet in the woods lately", and "things may get even slower but this will cycle". Like  the certainties of death and taxes, the temps will rise in a few short weeks, and oil prices will also rise eventually. This april will begin the two year countdown on the ALOV leases. It will be interesting to see how it all converges. In the meantime, I giggle each time I fill my van up at the pump. Also, constant tire tracks in the snow in and out of the Buckeye well. Guessing maintenance people. 

Permalink Reply by Robert Bond on February 16, 2015 at 3:40am

Yes it has been quiet recently.

See Halcon stock has been floating up and down and seems to be off the lows at the moment.

The Kibler well  is still flaring and is some times a larger flare than what is the usual, don't know what that means.

Let's keep each other informed.  Thanks!!!

Permalink Reply by MJ on February 16, 2015 at 6:11am

The Brugler has been flaring nonstop 24/7 since it went online over a year and a half ago. Not sure what that means - are they burning off all the gas like they do in north dakota? Sure wish it was energy heating my home right now. It's a pretty cool sight at night.

Permalink Reply by Robert Bond on February 16, 2015 at 7:19am

I drive by the Kibler wells most every day and they generally have a small flare.  Several times in the last few weeks it has been quite large appears to be maybe 15 feet or so tall flame and much bigger diameter than usual.

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