Is there any truth to the rumor that BP and Halcon are getting together? - GoMarcellusShale.com2024-03-28T12:34:05Zhttps://gomarcellusshale.com/forum/topics/is-there-any-truth-to-the-rumor-that-bp-and-halcon-are-getting?feed=yes&xn_auth=no
Joseph and Amanda,
I appolo…tag:gomarcellusshale.com,2013-08-08:2274639:Comment:4835702013-08-08T23:01:09.860ZMJhttps://gomarcellusshale.com/profile/MJ713
<p> </p>
<p>Joseph and Amanda,</p>
<p>I appologize, The front page had nothing to do with this topic of discussion. I was just excited about the overall coverage of the new wells and pipeliones going in Trumbull and surrounding counties, and was wondering if you folks had seen the Sunday front page.</p>
<p> </p>
<p>Joseph and Amanda,</p>
<p>I appologize, The front page had nothing to do with this topic of discussion. I was just excited about the overall coverage of the new wells and pipeliones going in Trumbull and surrounding counties, and was wondering if you folks had seen the Sunday front page.</p> Shell appears to be creeping…tag:gomarcellusshale.com,2013-08-08:2274639:Comment:4834582013-08-08T22:03:49.428ZTrapperhttps://gomarcellusshale.com/profile/GlennArmstrong
<p>Shell appears to be creeping along here in Lawrence County Pa. No boom yet as far as infrastructure construction is concerned. Numerous row agreements being recorded sporatically , however. Chesapeke has a well a mile from Lawrence County in Beaver County (New Galilee) that has just sat there resting since being fracked this spring. I keep waiting to see some progress , but it sure is slow coming. I know I am 2 years into a 5+5 lease with Shell and at this rate of progress , I may see…</p>
<p>Shell appears to be creeping along here in Lawrence County Pa. No boom yet as far as infrastructure construction is concerned. Numerous row agreements being recorded sporatically , however. Chesapeke has a well a mile from Lawrence County in Beaver County (New Galilee) that has just sat there resting since being fracked this spring. I keep waiting to see some progress , but it sure is slow coming. I know I am 2 years into a 5+5 lease with Shell and at this rate of progress , I may see another signing bonus before any royalty checks. With all the excitement about the upper devonian being wet gas , though , I think the future is bright , just slow coming. Good news about the West Pittsburgh coal fired electric plant being converted to gas. That should be a large consumer.</p> Marcus,
I agree that the mega…tag:gomarcellusshale.com,2013-08-08:2274639:Comment:4833802013-08-08T19:16:46.655ZMark McGrailhttps://gomarcellusshale.com/profile/MarkMcGrail757
<p>Marcus,</p>
<p>I agree that the megas aren't " nimble" enough.</p>
<p>However, what if a company such as Shell waited for the initial E&P was completed and most if not all infrastructure were in place?</p>
<p>Tis would guarantee feed stock for possible cracker plant.</p>
<p>Marcus,</p>
<p>I agree that the megas aren't " nimble" enough.</p>
<p>However, what if a company such as Shell waited for the initial E&P was completed and most if not all infrastructure were in place?</p>
<p>Tis would guarantee feed stock for possible cracker plant.</p> What was said, MJ?
I just ch…tag:gomarcellusshale.com,2013-08-08:2274639:Comment:4833762013-08-08T18:56:48.676ZAmandahttps://gomarcellusshale.com/profile/Amanda785
<p>What was said, MJ? </p>
<p>I just checked and didn't see anything related to BP/Halcon connection. Is that to what you were referring?</p>
<p>Thanks!</p>
<p>What was said, MJ? </p>
<p>I just checked and didn't see anything related to BP/Halcon connection. Is that to what you were referring?</p>
<p>Thanks!</p> Thank you for the insightful…tag:gomarcellusshale.com,2013-08-08:2274639:Comment:4836152013-08-08T18:55:00.682ZAmandahttps://gomarcellusshale.com/profile/Amanda785
<p>Thank you for the insightful input, Marcus. I didn't know if there was any truth to any of it. I appreciate it.</p>
<p>Thank you for the insightful input, Marcus. I didn't know if there was any truth to any of it. I appreciate it.</p> Shell is too big and too full…tag:gomarcellusshale.com,2013-08-08:2274639:Comment:4833732013-08-08T18:38:19.122Z0i7okn54zwbdohttps://gomarcellusshale.com/xn/detail/u_0i7okn54zwbdo
<p>Shell is too big and too full of bureaucrats to be able to do smaller deals. These mega companies always struggle because they aren't nimble enough to shift when the market changes.</p>
<p>Shell is too big and too full of bureaucrats to be able to do smaller deals. These mega companies always struggle because they aren't nimble enough to shift when the market changes.</p> Marcus,
I have often wondered…tag:gomarcellusshale.com,2013-08-08:2274639:Comment:4835442013-08-08T17:48:32.016ZMark McGrailhttps://gomarcellusshale.com/profile/MarkMcGrail757
<p>Marcus,</p>
<p>I have often wondered about this move by BP; it didn't seem to make sense unless BP intended to be the buyer of the small players. Your point about the cash position causes me to continue to wonder.</p>
<p>Perhaps Shell will end up with it all here in the northern Utica.</p>
<p></p>
<p>Marcus,</p>
<p>I have often wondered about this move by BP; it didn't seem to make sense unless BP intended to be the buyer of the small players. Your point about the cash position causes me to continue to wonder.</p>
<p>Perhaps Shell will end up with it all here in the northern Utica.</p>
<p></p> Missed it.
Went there today a…tag:gomarcellusshale.com,2013-08-08:2274639:Comment:4833392013-08-08T16:40:23.413ZJoseph-Ohiohttps://gomarcellusshale.com/profile/JosephEPowell
<p>Missed it.</p>
<p>Went there today and searched.</p>
<p>There was an article on the Kibler Well.</p>
<p>Didn't see anything about BP + Halcon.</p>
<p>Did you ?</p>
<p>Post a link to such an article if you can.</p>
<p>Thx.</p>
<p>J-O</p>
<p> </p>
<p>Missed it.</p>
<p>Went there today and searched.</p>
<p>There was an article on the Kibler Well.</p>
<p>Didn't see anything about BP + Halcon.</p>
<p>Did you ?</p>
<p>Post a link to such an article if you can.</p>
<p>Thx.</p>
<p>J-O</p>
<p> </p> Halcon's stated goal is to bu…tag:gomarcellusshale.com,2013-08-08:2274639:Comment:4830722013-08-08T02:53:08.038Z0i7okn54zwbdohttps://gomarcellusshale.com/xn/detail/u_0i7okn54zwbdo
<p>Halcon's stated goal is to build an oil company and then sell it. They have made no secret of that plan. BP is an unlikely buyer because they need all the cash they can get. The Deepwater Horizon disaster isn't over for them. <em>The Economist </em>ran a piece about supermajors and their shaky future this week. In it the author offered a number that is jarring: $90,000,000,000 in total liability cost to BP over the life of the company. So I don't see them buying Halcon. Believe me,…</p>
<p>Halcon's stated goal is to build an oil company and then sell it. They have made no secret of that plan. BP is an unlikely buyer because they need all the cash they can get. The Deepwater Horizon disaster isn't over for them. <em>The Economist </em>ran a piece about supermajors and their shaky future this week. In it the author offered a number that is jarring: $90,000,000,000 in total liability cost to BP over the life of the company. So I don't see them buying Halcon. Believe me, I'd love it if they did. I'd happily take equivalent shares of BP over the long haul vs. Halcon's common stock.</p> Did you read the Warren Tribu…tag:gomarcellusshale.com,2013-08-08:2274639:Comment:4831452013-08-08T02:38:46.865ZMJhttps://gomarcellusshale.com/profile/MJ713
<p>Did you read the Warren Tribune Chronicle last Sunday?</p>
<p>Did you read the Warren Tribune Chronicle last Sunday?</p>