Replies to This Discussion

Permalink Reply by Ann Ticopa on October 3, 2018 at 2:02am

Conservation of the resourse is alleged to be a development objective. But that seems only to apply in support of forced pooling to mazimize profit.  

Permalink Reply by Darrell Weaver on October 3, 2018 at 5:37am

Old Timer

i am very close to Bill W n I know the area u speak of very well.

i am still with Swepi I have not received any notifications that told me my lease was sold or traded.

when I spoke with Shell in Wellsboro the other month he was very familiar with Sharretts’s site n said it was a good one, where Sharretts’s is hooked into main it is done so via 4” pipeline into a 10” feeder into main. I would guess they r expecting to hook up more well sites at that tie in.......

Thanks for all the info...

Permalink Reply by Darrell Weaver on October 3, 2018 at 10:59am

Old Timer

How far from the Proposed Plummer site are You...………..?

Darrell

Permalink Reply by Ruby on October 5, 2018 at 5:06am

Just wondering if anyone made it to the Shell open house yesterday evening and if anything of interest was discussed.   Unfortunately I couldn't make it due to an illness in the family.   Thx in advance for any info.  

Permalink Reply by Bullfrex on October 5, 2018 at 8:46am

Old Timer,

Why would Shell drill seven wells at Houck, in this era, just to shut them in?

Are they maxed out on takeaway capacity in the region?

No budget money remaining?

There has been no recently reported production for the one Marcellus well and the one Utica well that were on line at Houck for some time, none since they began drilling the seven new wells.

Did they shut all the wells in, waiting for higher pricing?

It looks like they were permitted for another Utica well, but is was never spud

Call me confused, and Thanks in advance

Permalink Reply by Jack Young on October 6, 2018 at 2:26am

It would be nice, but I haven't heard anything to that effect from the folks I know either.

Permalink Reply by Deb Reynolds on October 6, 2018 at 12:31pm

We were told at the Shell open house that the Houck was drilled because the Cruttenden couldn't be finished, due to a mysterious injunction by a nearby property holder. 

Permalink Reply by Brian Day on October 6, 2018 at 3:32pm

Here is my totally  unsupported, current thoughts on Shell's mothballing of the local gas industry for two years.  My lease comes to a five-year  anniversary in two years and I believe many others signed the same lease with East at about the same time.  Shell finds drilling in Tioga County a bit too expensive for their blood at current prices.  They do not intend to do much there except hold production to the amount required for their current local market.  If the market has nor improved in two years, they may give the core Utica area the same treatment as East did back in 2010 for the Marcellus when those leases might have expired.  Shell could come in and drill the minimal vertical, non-producing wells - strategically placed - to hold any remaining land by production.  Yes, it would be much more expensive than the Marcellus tactics by East, but Shell has deep pockets.  If Shell got the DEP on board with forced pooling, which the DER has the right to do with any strata beneath the Onendaga, which the Utica is, that would seal the deal for perpetual leases with Shell able to drill that land in the distant future.

    As for the mysterious injunction, Shell can make that go away at ANY time with a reasonable financial accommodation.  Such an accommodation would be a minuscule fraction of what is sitting fallow at the Houch Pad. 

Permalink Reply by Deb Reynolds on October 7, 2018 at 2:38am

Interesting thought, Brian, except that by my own limited knowledge, most of the East leases have already expired. Ours passed the 10 year mark a while back. 

And as for the injunction, the landowner (apparently) would not take any kind of $$ (they're already receiving from the Cruttenden's two functioning wells) and it was cheaper for Shell App to move on to the Houck. That's their story, and it makes sense. 

Also, folks, we keep talking about what big pockets Royal Dutch Shell has. Of course. But having run a business, I'm aware that Shell Appalachia is its own entity, and the parent co. isn't going to just throw $$ into it at a loss for years. They've got other fish to fry, which currently are more profitable. Shell App. is like the red-headed stepchild right now. JMHO. 

Permalink Reply by Brian Day on October 7, 2018 at 4:03am

You are grossly misinformed about the willingness of the mystery landowner to negotiate a new lease or a modification to the old lease.  To my knowledge, there is no current injunction against Shell completing the Cruttenden wells, nor has there been since mid-May.  You should add a large grain of salt to anything Shell tells you over coffee and doughnuts at one of their open houses.

Permalink Reply by Deb Reynolds on October 8, 2018 at 4:05am

gee, Brian, I was talking to the  Cruttendens. Are THEY grossly misinformed, or?? No need to be rude. In case I wasn't clear, they said there was an injunction against them, so they pulled the equipment and went to the Houck, with no information on when they will return to Cruttenden (which displeased those owners.) It was the Cruttendens who said they had spoken repeatedly to their neighbor and nothing would budge. Who knows? Only repeating what I heard. 

Permalink Reply by Ann Ticopa on October 7, 2018 at 8:53am

Brian,
Imo Shell looks at Tioga County as a reliable, safe, back-up source of natural gas. Shell and ExxonMobil are in the process of closing the Groningen natural gas field in the Netherlands, Europe's largest gas field.

SWEPI does have to produce/ship a certain amount of gas (or pay a penalty) to satisfy their transmission pipeline contracts.

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