Replies to This Discussion

Permalink Reply by Joseph-Ohio on May 14, 2013 at 1:49am

I hope the reports are correct for all of the counties mentioned here - Tusc., Stark and Ashtabula.

Need more wells and any technical innovation that may be required to prove it and recover it.

Need more infrastructure to distribute the production.

Need to keep and use our energy here in the USA.

Need to quit diverting the mission with blather and posturing / maneuvering all intended to rip off the landowners and domestic energy consumers.

In general need a sea-change from all of the above that appears to me to be occurring.

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Permalink Reply by Paul Martinelli on May 14, 2013 at 1:55am

I believe, and I'm hoping this all not to far off in  the future. When ground breaks on the Kinder Morgan processing plant in SE Tusc. county....I'll feel more confident that it will happen.

 

Still waiting on the ODNR production numbers from the 2 wells in Tusc.

Still waiting on the next wells to be drilled....should be at least 3 more this year.

 

 

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Permalink Reply by TM on May 14, 2013 at 5:38am

I believe 2014-2015 will be the boom for Tusc county. All the things I have read all point in that time frame for activity to really ramp up. I wonder why Kinder Morgan has not officially announced the plant yet? It seems they have most of the necessary permits to get started on the construction phase.

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Permalink Reply by Joseph-Ohio on May 14, 2013 at 6:20am

It's like the industry telling us that
they don't want to develop more
wells until the infrastructure is all
built; while simultaneously saying
they don't want to build infrastructure
until more wells are proven.
Sounds like a crock to me.

Permalink Reply by TM on May 14, 2013 at 10:25am

Very true Joseph. Seems like a double edged sword anyway you look at it. I wonder how much more oil can be recovered with different techniques.? Really what is commercial producing quantities in these companies eyes when it comes to oil? Their Frank well in Stark county produced 360 barrels a day in oil can it be that much higher?

Permalink Reply by Joseph-Ohio on May 14, 2013 at 10:57am

They point to tight oil and low geo-pressure
as a big problem. Not enough geo-pressure
to push the oil to the surface.

They say identifying the problem is more than
half way to a solution.

They probably have it solved but want the
price per barrel to go up.

IMHO

Permalink Reply by David Mohn on May 15, 2013 at 3:00am

I would say the oil companies and drilling companies will find a way to get this oil out of the shale.  If the Frank well was producing 360 bbl of oil per day wait till the find the right combination of drilling procedures and technology to produce this oil commercially.  We might have to wait a few years, but the oil isn't going anywhere.  I agree that if the price of oil goes up, the time frame might be less, but if there is oil there, it will be figured out.  At least lets hope so!

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Permalink Reply by TM on May 23, 2013 at 10:46am

We believe on the other hand on the volatile oil window side that it holds significant potential. We estimate based on historical well logs and core data from our conventional wells, the portions of the oil window hold 20 million barrels to 30 million barrels per section. This compares very favorably with other oil shales. However, only six wells have been drilled in the oil window today and the results have not been good.

http://seekingalpha.com/article/1457611-ev-energy-partners-ceo-pres...

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Permalink Reply by TM on May 23, 2013 at 11:00am

Enervest NAP TP 2013 Slide Presentation can be seen here

http://ir.evenergypartners.com/events.cfm

Permalink Reply by Linda Weaver on May 14, 2013 at 2:09pm

Marcus Grayson where are your minerals located.
Call 440 8120097
I may have a buyer for you for a great price if you are in the couunty and township they are buying in and they pay in 40forty days

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