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Permalink Reply by roadbuilder on July 2, 2015 at 12:41pm

   ?????????????

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Permalink Reply by TAJ on July 2, 2015 at 12:56pm

also very curious...keeping my eye out in Putnam county

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Permalink Reply by Ralph cramdon on July 2, 2015 at 1:18pm

Thanks for the info , I am invested in CRBO and XEC 

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Permalink Reply by Mike Murphy on July 3, 2015 at 5:49am

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Permalink Reply by Mike Murphy on July 3, 2015 at 5:55am

Cabot Drills Test Well in WV Rogersville Shale, More on the Way?

A fascinating story in Sunday’s Charleston Gazette shines a light on the Rogersville Shale formation in southwestern West Virginia and eastern Kentucky. We’ve mentioned the Rogersville a few times on MDN–a shale layer that is older and much deeper than the Marcellus. The Marcellus is about a mile down. The Rogersville is between 9,000-14,000 feet down, or 2-3 times the depth of the Marcellus. Until now we’ve heard about potential Rogersville activity in Kentucky (see Fracking on the Way in the Bluegrass State? Quite Possibly and Kentucky Fracking One Step Closer: Commission Considers 1st Permit). Two exploratory wells have already been drilled in the Rogersville in Kentucky. But the new news, the thing that interests us, is that Cabot Oil & Gas has now drilled a test well in the Rogersville in West Virginia

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Permalink Reply by Mike Murphy on July 3, 2015 at 6:09am

Rogersville Shale drilling may bring economic boost

Jun. 28, 2015 @ 12:01 AM

By BRANDON ROBERTS

  Related content

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• Deep-well drilling likely in area (Story)

HUNTINGTON - A dollar and 24 cents. That's the amount the price of 1,000 cubic feet of natural gas will have to increase before industry experts expect West Virginia's natural gas industry to explode.

As of press time, the price of 1,000 cubic feet of natural gas was at $2.76. Corky DeMarco, executive director of the West Virginia Oil and Natural Gas Association, said when the price per 1,000 cubic feet reaches $4 or more, gas companies currently drilling in the area - including Lawrence County, Kentucky, across the Big Sandy River from Wayne County - will likely make the trip over the border.

"The price of gas today is probably the limiting factor," DeMarco said about why, as of now, only one test well is operating in the area, in Putnam County near Hometown, West Virginia. "The reason everyone is concentrated on the western part of the Marcellus and Utica shales is because in addition to the price of gas, they can sell off other hydrocarbons produced from drilling such as ethane, butane, propane, isobutane. The gas stream has more value than just the price of gas. At its current price, unless we create more supply in the United States, it is not conducive to major exploration. We got so much of the commodity in this country that we don't have enough outlets."

But the anticipated boom in West Virginia is deeper than the Marcellus and Utica shales, literally. The future of southern West Virginia's natural gas industry is the Rogersville Shale, which lies anywhere from 9,000 to 14,000 feet beneath several counties in the southwestern part of the state and eastern Kentucky. Pittsburgh-based Cabot Oil and Gas operates the test well in Putnam

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Permalink Reply by Ralph cramdon on July 5, 2015 at 3:19am

Is there any news on leasing activity ? 

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Permalink Reply by Mike Murphy on July 5, 2015 at 9:52am

Chesapeake and EQT in Rogersville test phase

By NOAH BRENNER Houston 

 27 February 2015 00:00 GMT

Duo drilling wildcats on emerging Kentucky shale play originally considered too old and deep

APPALACHIAN giants EQT and Chesapeake Energy are drilling ahead on closely watched wildcats testing the emerging Rogersville shale play in eastern Kentucky.

EQT has asked state regulators for permission to drill the first horizontal test of the formation. The Pittsburgh-based company spud its stratigraphic test in Johnson County, Kentucky in late January and is currently drilling the well, according to local sources.

Chesapeake Energy also spud its Rogersville wildcat in late January to the north of EQT in Lawrence County, along the Kentucky-West Virginia border.

Little is known about the total depth of the wells because of Kentucky’s unique regulatory treatment of stratigraphic wells. State regulators keep almost all information about stratigraphic tests, including where they are being drilled, confidential.

However, operators are not allowed to hydraulically fracture, complete or production-test such wells, Kim Collings, director of the Kentucky Division of Oil & Gas, told Upstream.

If operators want to test a stratigraphic well, they have to apply for a new permit to re-classify it, Collings said.

EQT has applied to eventually re-enter to stratigraphic test and drill a horizontal into the Rogersville, which, if approved, will be the first horizontal well into the play.

The company filed the permit under the name of a shell company — Horizontal Technology Energy Company — to conceal their involvement, according to local reports.

The Kentucky Oil & Gas Commission was meeting at press time for the first time in more than five years to rule on the permit request.

Cimarex Energy drilled the first modern Rogersville test last year — the Sylvia Young 1 — also using a shell company called Bruin Exploration.

The company later re-permitted the stratigraphic well as a producer so it could test the formation.

Those results remain confidential and are expected to be made public by the state as early as the end of the month, while local sources reported flaring during production testing at the location.

Local sources indicated that low oil prices and a preponderance of land held by conventional natural gas production have slowed leasing in the play but Continental Resources continues to add acreage both in Kentucky and West Virginia.

Sources indicate that Continental picked up an 85% interest in the deep rights on 7500 acres from privately held Hay Exploration for an estimated $9.4 million — $1250 per acre — that was being marketed at the NAPE Expo in Houston.

Late last year, Continental completed initial title work to buy the Rogersville Shale rights on an undisclosed amount of acreage from partners Nytis Exploration and Liberty Energy.

Full terms of the deal were not disclosed but Continental is understood to have spent about $20 million on the package.

The Rogersville formation is a Cambrian-aged dark-gray shale member of the Conasauga group that lies at depths ranging from 9000 to 14,000 at the base of the Rome Trough extensional basin.

The Rome Trough structure runs south-west to north-east from central Kentucky through West Virginia and into southern Pennsylvania.

The Rogersville itself is primarily a shale formation with some interbedded sandstone layers that trend from deeper to shallower going from east to west.

While it was at first considered to have been too old and too deep to generate commercial hydrocarbons, more recent analysis by state and federal geologists has indicated that it could hold potential for liquids-rich gas.

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Permalink Reply by roadbuilder on July 6, 2015 at 4:41am

 

   Ralph,as far as leasing ,not heard of anything lately except what I've read    on here . I have heard that people are getting a lot of letters and calls wanted to buy minerals,one person was offered 250.00 acer, and that one person was offered 400.00 an acer , and they sold thiers. I ve not got any offer for selling,not that I would but I would find out what they would give.

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Permalink Reply by Ralph cramdon on July 6, 2015 at 2:54pm

Nytis is owned by CRBO , CRBO held onto a minority stake in the Rogersville when Nytis sold rights to CLR . 

 CRBO is owned by some of the SMARTEST guys in the energy industry , Yorkville Partners , founded by Bryan  H Lawrence . Yorktown has owned and founded Antero / Concho resources / AREX / ENLK and others . Lawrence is on the board of CRBO and Yorktown is the majority owner . 

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Permalink Reply by Ralph cramdon on July 6, 2015 at 11:53pm

CRBO has a new presentation on its website . They claim to have an additional 65,000 acres of possible Rogersville Shale . I own some of their stock due to ownerships  great track record , the stock trades very thinly , use caution if and when buying . 

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Permalink Reply by IRONFARMER on July 7, 2015 at 5:08am

Read the Presentation says Greater Cambrian Basin Play which includes a lot of rock outside the Rogersville.

Continental picked on their acreage hard for bad title and other title defects. but what Continental did buy that the competition avoided was the lower toc & thinner zones  within the Rogersville.