Many folks have posted on this site that time will tell if the Utica and Marcellus shale plays will ever amount to anything important. From my perspective it appears that the big boys think so. Large infrastructure companies continue to invest in Ohio, WV and PA.
As usual I'll let an article do the talking and make my point better than my words can.
http://www.vindy.com/news/2015/jun/20/pipeline-project-energy-compa...
Tags:
Most of us are here to learn and discuss Trapper. This thread was started by someone I trust, and is from my area. I don't think that there was any malicious intent to jump off of your thread. I felt that Mike's later comment was a little pushy and heavy handed. Some people, me among them, just don't respond well to that. My personal comments were meant to discuss possible O&G company tactics, and relay a discussion I had with a local building inspector that I felt would be of interest to fellow landowners. People can believe it or not, it makes no difference to me. I just felt that it was relatively positive information that seems to reaffirm the value of what this site is all about. Your thread has been very informative, I thank you for starting it, and will continue to follow it. I appreciate what you said in your first sentence. Your last sentence, in my opinion, was unnecessary. At least you followed your own advice, and vented on this post.
sage is the one venting and looking for a squabble .....I only stated that there was already a infrastructure thread and this article was already posted and right away sage went on defense........... sorry
I apologize if I was heavy handed too Mike. Some past discussions were mixed into my first reply. I will try to read your posts with a fresh outlook. The information you supply is, at times, very useful. I will however remain wary of information and patterns of behavior designed to devalue an area before that lack of value is absolutely proven. This Northern Utica is far from that point. But that is not how, or why, this discussion was started. I stepped over the line, and agree that Trapper's thread is a good one to continue.
GOOD POINT Trapper people in the north are very frustrated that development is not happening ........but it not happening in several other areas too look at stark western carroll and tusc county ......very few wells and some is on hold ''''''''have well pad on my lease that was built 4 years ago and nothing more has happened ......all a matter of time and technology advancements
another frustrated northern Utica mineral owner ............I see no where that anybody told him to shut up...........at this point the northern Utica is dead .....probably will be the last area developed .......why did the big boys pull out ......because they didn't see profit in the north ..........why didn't the other big boys jump in and take over leases .........no money to be made quickly .......the wells in production are just marginal wells ........to shallow and lack of point pleasant maybe 10 years down the road somebody will go in and develop the northern area .......would not be surprised to see leases up there be allowed to expirer and then they will come back and release at lower bonus money and lower royalties later on...... as far as infrastructure up there it is being built to support minerals being produced in pa and the southern ohio areas and wv .........but if you look real close not much infrastructure is being built up there
© 2024 Created by Keith Mauck (Site Publisher). Powered by
h2 | h2 | h2 |
---|---|---|
AboutWhat makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen. [ Read More ] |
Links |
Copyright © 2017 GoMarcellusShale.com