I’m bringing this topic over from the shaleforum. Does anyone know the intentions of these guys? As of yesterday they have leased over 10,000 acres(April 2017- present) in Knox county. Some info from shaleforum members include: they are paying $100/acre for all strata and East Ohio Oil and Gas is a shell company for Western Land Services. Any other information is appreciated.

http://www.recorder.co.knox.oh.us/

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I don’t really know but this was the scene one day last week. 

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It’s been a while but Cabot seems to be fairly busy in northern Ohio. Just wondering if anyone has seen this before. A horizontal and a Directional well permitted at the same time. I don’t recall any other operators doing this in the Utica shale to the east.

More than likely its a redrill - indicated by 0100 at the end of the horizontal permit. Probably drilling the vertical deeper than the target formation to make sure they know exactly where it is and to calibrate their models. Then they will plug back to a point and go back in to drill the horizontal portion from the same vertical location. Pretty common practice in the Marcellus when companies dont have a lot of drilled wells close by.

Thank you. Seems logical.

This is why the production #s may be lowballed. If it looks like there's not much oil&gas there; they can lease all that acreage for the $25.per acre and 12-1/2 % royalty deal. There's no-one in the state guberment checking the gauges.So they can say whatever. Best to sit at the wellsite and count the trucks leaving. Of course they'll just say most of them are brine trucks taking away frack wastewater. Of heard tales of them capping wells,saying there's nothing there,then re-leasing in 5 years or so for a song n dance, the start pumping the oil! Not much landowners or lawyers can do if they want to be that way. We need a "well production police dept." in this state,but right now,it's landowner against the oil co.s

I was by the well site off 95 north of Butler on Sunday. All I can say is Cabot is spending some big bucks on the pads. They are very large and very well constructed. 

Very true words Bo

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