BP Outlines Drilling Plans - GoMarcellusShale.com2024-03-29T11:18:02Zhttps://gomarcellusshale.com/forum/topics/bp-outlines-drilling-plans?commentId=2274639%3AComment%3A269236&x=1&feed=yes&xn_auth=noI see where gas dipped to $2…tag:gomarcellusshale.com,2012-04-11:2274639:Comment:2692362012-04-11T20:39:43.077ZFinnbearhttps://gomarcellusshale.com/profile/Finnbear
<p>I see where gas dipped to $2 today and read somewhere this morning that it could bottom around $1 soon. The market is betting that it will go up however, as evidenced by the futures prices. What the Fed and Washington is currently doing to our economy has a lot to do with what the market is predicting.</p>
<p>I see where gas dipped to $2 today and read somewhere this morning that it could bottom around $1 soon. The market is betting that it will go up however, as evidenced by the futures prices. What the Fed and Washington is currently doing to our economy has a lot to do with what the market is predicting.</p> Commodity Futures Price Quote…tag:gomarcellusshale.com,2012-04-11:2274639:Comment:2690572012-04-11T18:28:23.228ZFinnbearhttps://gomarcellusshale.com/profile/Finnbear
<p><a href="http://futures.tradingcharts.com/marketquotes/NG.html" target="_blank">Commodity Futures Price Quotes For Natural Gas</a></p>
<p></p>
<p><a href="http://futures.tradingcharts.com/marketquotes/NG.html" target="_blank">Commodity Futures Price Quotes For Natural Gas</a></p>
<p></p> Lance; your a young wippersna…tag:gomarcellusshale.com,2012-04-11:2274639:Comment:2688602012-04-11T15:20:47.149ZJim Litwinowiczhttps://gomarcellusshale.com/profile/JimLitwinowicz
<p>Lance; your a young wippersnapper and can afford to wait. Us old guys want it while we can enjoy it! NGLs are worth about $65/barrel right now. If they hit good wet gas, the royalties will be pretty good. Besides, they are just doing test drilling now to see what is there. It will be a couple of years before good production hits and the gas prices should be better by then.</p>
<p>Lance; your a young wippersnapper and can afford to wait. Us old guys want it while we can enjoy it! NGLs are worth about $65/barrel right now. If they hit good wet gas, the royalties will be pretty good. Besides, they are just doing test drilling now to see what is there. It will be a couple of years before good production hits and the gas prices should be better by then.</p> Who in their right mind wants…tag:gomarcellusshale.com,2012-04-11:2274639:Comment:2685112012-04-11T15:10:07.191ZLance Nimmohttps://gomarcellusshale.com/profile/LanceNimmo
<p>Who in their right mind wants royalties right now??? I mean if you're dying or need them real bad great, but you can keep royalties on $2 gas. Even if it's wet, anything short of Caroll county crude is a downer. I hope if any of my properties get put in a unit they get shut in. I'll wait for a respectable price.</p>
<p>Who in their right mind wants royalties right now??? I mean if you're dying or need them real bad great, but you can keep royalties on $2 gas. Even if it's wet, anything short of Caroll county crude is a downer. I hope if any of my properties get put in a unit they get shut in. I'll wait for a respectable price.</p> Fang, it takes months to get…tag:gomarcellusshale.com,2012-04-11:2274639:Comment:2686692012-04-11T14:19:28.828ZJim Litwinowiczhttps://gomarcellusshale.com/profile/JimLitwinowicz
<p>Fang, it takes months to get a permit. Thats why you've been hearing about them for months but they haven't drilled yet. They plan on starting in May or June, from what I hear.</p>
<p>They have at least three sites they will drill this summer, permitting for three wells on each site. Don't know if they will drill all three right away...depends on what they find.</p>
<p>Fang, it takes months to get a permit. Thats why you've been hearing about them for months but they haven't drilled yet. They plan on starting in May or June, from what I hear.</p>
<p>They have at least three sites they will drill this summer, permitting for three wells on each site. Don't know if they will drill all three right away...depends on what they find.</p> Fang here it is
eFACTS for…tag:gomarcellusshale.com,2012-04-11:2274639:Comment:2685992012-04-11T13:30:01.079Zmikehttps://gomarcellusshale.com/profile/mike841
<p>Fang here it is…</p>
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<p>Fang here it is</p>
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<th scope="col" align="left">Sub-Facility Name</th>
<th scope="col" align="left">Description</th>
<th scope="col" align="left">eMap PA Location</th>
</tr>
<tr style="background-color: white; color: #333333;"><td><span id="ctl00_cphContent_gvSubFacilities_ctl02_lblSubFacId">1073898</span></td>
<td><span id="ctl00_cphContent_gvSubFacilities_ctl02_lblName">PULASKI WHITING 1</span></td>
<td><span id="ctl00_cphContent_gvSubFacilities_ctl02_lblDesc">Well</span></td>
<td><a id="ctl00_cphContent_gvSubFacilities_ctl02_hypEMapPA" href="http://www.emappa.dep.state.pa.us/emappa/default.htm?cid=292594&sid=759158&pid=750687&subid=1073898" target="_blank" name="ctl00_cphContent_gvSubFacilities_ctl02_hypEMapPA">View Map in eMapPa (IE-only)</a></td>
</tr>
</tbody>
</table>
</div>
<br/>
<table border="1" cellspacing="0">
<tbody><tr><td colspan="3" align="center">Money Back Guarantee Information</td>
</tr>
<tr><td width="33%" align="center"><font size="1">Status</font></td>
<td width="33%" align="center"><font size="1">Countdown</font></td>
<td width="34%" align="center"><font size="1">Days Remaining</font></td>
</tr>
<tr><td bgcolor="#DCE7DC" width="33%" align="center"><font size="1">ACTIVE</font></td>
<td bgcolor="#DCE7DC" width="33%" align="center"><font size="1">On the Clock</font></td>
<td bgcolor="#DCE7DC" width="34%" align="center"><font size="1">12 of 45</font></td>
</tr>
</tbody>
</table>
<br/>
<table border="1" cellspacing="0">
<tbody><tr><td bgcolor="#A8C5A7" width="45%" align="center"><font size="1"><strong>Task</strong> • Sub Task</font></td>
<td bgcolor="#A8C5A7" width="13%" align="center"><font size="1">Status</font></td>
<td bgcolor="#A8C5A7" width="14%" align="center"><font size="1">Start Date</font></td>
<td bgcolor="#A8C5A7" width="14%" align="center"><font size="1">Due Date</font></td>
<td bgcolor="#A8C5A7" width="14%" align="center"><font size="1">Date Completed</font></td>
</tr>
<tr><td bgcolor="#DCE7DC" width="45%"><table border="0" cellspacing="0" width="100%">
<tbody><tr><td bgcolor="#DCE7DC" valign="middle" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/checked.jpg"/></font></td>
<td bgcolor="#DCE7DC" valign="middle" width="97%" colspan="2" align="left"><font size="1"><strong>Begin/End Administrative Review</strong></font></td>
</tr>
</tbody>
</table>
</td>
<td bgcolor="#DCE7DC" width="13%" align="center"></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">2/28/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">3/4/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">3/6/2012</font></td>
</tr>
<tr><td bgcolor="#DCE7DC" width="45%"><table border="0" cellspacing="0" width="100%">
<tbody><tr><td bgcolor="#DCE7DC" valign="middle" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/blanksquare.jpg"/></font></td>
<td bgcolor="#DCE7DC" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/checked.jpg"/></font></td>
<td bgcolor="#DCE7DC" width="94%" align="left"><font size="1">• B/E Appl Complete Review</font></td>
</tr>
</tbody>
</table>
</td>
<td bgcolor="#DCE7DC" width="13%" align="center"><font size="1"><strong>On the Clock</strong></font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">2/28/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">3/4/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">3/6/2012</font></td>
</tr>
<tr><td bgcolor="#DCE7DC" width="45%"><table border="0" cellspacing="0" width="100%">
<tbody><tr><td bgcolor="#DCE7DC" valign="middle" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/blanksquare.jpg"/></font></td>
<td bgcolor="#DCE7DC" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/checked.jpg"/></font></td>
<td bgcolor="#DCE7DC" width="94%" align="left"><font size="1">• Send Deficiency Notice/Receive Response</font></td>
</tr>
</tbody>
</table>
</td>
<td bgcolor="#DCE7DC" width="13%" align="center"><font size="1">Off the Clock</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">3/2/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">4/2/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">3/6/2012</font></td>
</tr>
<tr><td bgcolor="#DCE7DC" width="45%"><table border="0" cellspacing="0" width="100%">
<tbody><tr><td bgcolor="#DCE7DC" valign="middle" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/checked.jpg"/></font></td>
<td bgcolor="#DCE7DC" valign="middle" width="97%" colspan="2" align="left"><font size="1"><strong>Begin/End Technical Review 1</strong></font></td>
</tr>
</tbody>
</table>
</td>
<td bgcolor="#DCE7DC" width="13%" align="center"></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">3/6/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">4/15/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">4/5/2012</font></td>
</tr>
<tr><td bgcolor="#DCE7DC" width="45%"><table border="0" cellspacing="0" width="100%">
<tbody><tr><td bgcolor="#DCE7DC" valign="middle" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/blanksquare.jpg"/></font></td>
<td bgcolor="#DCE7DC" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/checked.jpg"/></font></td>
<td bgcolor="#DCE7DC" width="94%" align="left"><font size="1">• B/E App Geologic Review</font></td>
</tr>
</tbody>
</table>
</td>
<td bgcolor="#DCE7DC" width="13%" align="center"><font size="1"><strong>On the Clock</strong></font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">3/6/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">3/31/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">4/5/2012</font></td>
</tr>
<tr><td bgcolor="#DCE7DC" width="45%"><table border="0" cellspacing="0" width="100%">
<tbody><tr><td bgcolor="#DCE7DC" valign="middle" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/blanksquare.jpg"/></font></td>
<td bgcolor="#DCE7DC" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/checked.jpg"/></font></td>
<td bgcolor="#DCE7DC" width="94%" align="left"><font size="1">• Complete PNDI Check</font></td>
</tr>
</tbody>
</table>
</td>
<td bgcolor="#DCE7DC" width="13%" align="center"><font size="1"><strong>On the Clock</strong></font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">3/6/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">3/6/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">4/5/2012</font></td>
</tr>
<tr><td bgcolor="#DCE7DC" width="45%"><table border="0" cellspacing="0" width="100%">
<tbody><tr><td bgcolor="#DCE7DC" valign="middle" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/blanksquare.jpg"/></font></td>
<td bgcolor="#DCE7DC" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/checked.jpg"/></font></td>
<td bgcolor="#DCE7DC" width="94%" align="left"><font size="1">• Participate in Phone Call</font></td>
</tr>
</tbody>
</table>
</td>
<td bgcolor="#DCE7DC" width="13%" align="center"><font size="1">Off the Clock</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">3/27/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">5/27/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">4/2/2012</font></td>
</tr>
<tr><td bgcolor="#DCE7DC" width="45%"><table border="0" cellspacing="0" width="100%">
<tbody><tr><td bgcolor="#DCE7DC" valign="middle" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/blanksquare.jpg"/></font></td>
<td bgcolor="#DCE7DC" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/checked.jpg"/></font></td>
<td bgcolor="#DCE7DC" width="94%" align="left"><font size="1">• Participate in Phone Call</font></td>
</tr>
</tbody>
</table>
</td>
<td bgcolor="#DCE7DC" width="13%" align="center"><font size="1">Off the Clock</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">4/4/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">4/4/2012</font></td>
<td bgcolor="#DCE7DC" width="14%" align="center"><font size="1">4/4/2012</font></td>
</tr>
<tr><td bgcolor="#DCE7DC" width="45%"><table border="0" cellspacing="0" width="100%">
<tbody><tr><td bgcolor="#DCE7DC" valign="middle" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/unchecked.jpg"/></font></td>
<td bgcolor="#DCE7DC" valign="middle" width="97%" colspan="2" align="left"><font size="1"><strong>Begin/End Technical Review 2</strong></font></td>
</tr>
</tbody>
</table>
</td>
<td bgcolor="#DCE7DC" width="13%" align="center"></td>
<td bgcolor="#DCE7DC" width="14%" align="center"></td>
<td bgcolor="#DCE7DC" width="14%" align="center"></td>
<td bgcolor="#DCE7DC" width="14%" align="center"></td>
</tr>
<tr><td bgcolor="#DCE7DC" width="45%"><table border="0" cellspacing="0" width="100%">
<tbody><tr><td bgcolor="#DCE7DC" valign="middle" width="3%" align="left"><font size="1"><img src="http://www.ahs2.dep.state.pa.us/eFACTSWeb/images/unchecked.jpg"/></font></td>
<td bgcolor="#DCE7DC" valign="middle" width="97%" colspan="2" align="left"><font size="1"><strong>Begin/End Decision Review</strong></font></td>
</tr>
</tbody>
</table>
</td>
<td bgcolor="#DCE7DC" width="13%" align="center"></td>
<td bgcolor="#DCE7DC" width="14%" align="center"></td>
<td bgcolor="#DCE7DC" width="14%" align="center"></td>
<td bgcolor="#DCE7DC" width="14%" align="center"></td>
</tr>
</tbody>
</table>
<br/>
<table>
<tbody><tr><td><a title="Login link to DEP eNOTICE" href="http://www.ahs2.dep.state.pa.us/eFACTSWeb/eNOTICE_Login.aspx">Log in to DEP's eNOTICE</a> to track this permit with automatic email updates</td>
</tr>
</tbody>
</table>
</div> Fang; not all companies wait…tag:gomarcellusshale.com,2012-04-11:2274639:Comment:2683802012-04-11T03:18:39.383ZJim Litwinowiczhttps://gomarcellusshale.com/profile/JimLitwinowicz
<p>Fang; not all companies wait a long time to drill Hilcorp is starting one already near Pulaski...and they just signed leases in Sept. Shell is also very active here in Lawrence Co, drilling several wells this year.</p>
<p>CHK has too much land under lease. They can't possibly drill it all very soon.</p>
<p>Fang; not all companies wait a long time to drill Hilcorp is starting one already near Pulaski...and they just signed leases in Sept. Shell is also very active here in Lawrence Co, drilling several wells this year.</p>
<p>CHK has too much land under lease. They can't possibly drill it all very soon.</p> I couldn't agree with you mor…tag:gomarcellusshale.com,2012-04-11:2274639:Comment:2683762012-04-11T02:56:43.458ZAmandahttps://gomarcellusshale.com/profile/Amanda785
<p>I couldn't agree with you more, Fang. & You're welcome. I was actually surprised that it hadn't been posted earlier, as I saw it this morning. (I had to wait until I got home from work to post.)</p>
<p>Yeah, it might not be what everyone else got in Columbiana or Mahoning counties, but like my Mom made me understand, it is more than she had yesterday and if it's God's Will, then it will be. If I understand correctly, 75% of the landowners have to sign up for BP to obligate. If they…</p>
<p>I couldn't agree with you more, Fang. & You're welcome. I was actually surprised that it hadn't been posted earlier, as I saw it this morning. (I had to wait until I got home from work to post.)</p>
<p>Yeah, it might not be what everyone else got in Columbiana or Mahoning counties, but like my Mom made me understand, it is more than she had yesterday and if it's God's Will, then it will be. If I understand correctly, 75% of the landowners have to sign up for BP to obligate. If they do or don't, it is what's supposed to happen.</p>
<p>As the saying goes, <em>"Whatever will be will be." </em> :-)</p>