Seismic Testing in Harrison County- $5 acre? - GoMarcellusShale.com2024-03-29T09:38:12Zhttps://gomarcellusshale.com/forum/topics/seismic-testing-in-harrison-county-5-acre?feed=yes&xn_auth=noWhen I told the Land Lady tha…tag:gomarcellusshale.com,2015-07-16:2274639:Comment:6854502015-07-16T03:15:35.168Z0ym9x5ag7ury2https://gomarcellusshale.com/xn/detail/u_0ym9x5ag7ury2
<p>When I told the Land Lady that I wouldn't let her set off charges on my land, she told me my lease with Chesapeake gave them permission to do seismic testing.</p>
<p>I said "Are You Chesapeake?" She said no. "Then you can't do seismic testing on my property", I replied.</p>
<p>She almost cried as she said "I'm Telling Chesapeake!"</p>
<p>Later I heard one landowner complaining that the seismic people were coming back each day to have lunch on his property which had been going on several…</p>
<p>When I told the Land Lady that I wouldn't let her set off charges on my land, she told me my lease with Chesapeake gave them permission to do seismic testing.</p>
<p>I said "Are You Chesapeake?" She said no. "Then you can't do seismic testing on my property", I replied.</p>
<p>She almost cried as she said "I'm Telling Chesapeake!"</p>
<p>Later I heard one landowner complaining that the seismic people were coming back each day to have lunch on his property which had been going on several weeks.</p>
<p>Yep, good decision making on my part to say no. Chesapeake already had plans to steal from me, so it really didn't matter if I allowed seismic testing or not.</p>
<p>A well had already been dug on the next hill over so what would they learn doing seismic that a nearby well wouldn't have told them?</p>
<p>OK, Geologists, I'm sure something could be learned, but it really doesn't matter any more. My NGLs are on their way to Louisiana without my permission. Woops, another Federal Law broken by Bobby.</p> I ended up agreeing to the T…tag:gomarcellusshale.com,2015-07-15:2274639:Comment:6852602015-07-15T19:45:25.932ZBilly Bob Meekerhttps://gomarcellusshale.com/profile/BillyBobMeeker
<p> I ended up agreeing to the TGS survey after they added some incentives. Both Global and TGS did professional jobs on my farms leaving minimal sign that they had ever been present. I have no regrets. </p>
<p> I ended up agreeing to the TGS survey after they added some incentives. Both Global and TGS did professional jobs on my farms leaving minimal sign that they had ever been present. I have no regrets. </p> Has anyone out there who has…tag:gomarcellusshale.com,2015-07-15:2274639:Comment:6854282015-07-15T18:06:00.237ZRobert Matthewshttps://gomarcellusshale.com/profile/RobertMatthews
<p>Has anyone out there who has agreed to the seismic testing have any regret? they are wanting to do it on my property in Jefferson Co Ohio. I have had some land shifting and am hesitant. </p>
<p>Has anyone out there who has agreed to the seismic testing have any regret? they are wanting to do it on my property in Jefferson Co Ohio. I have had some land shifting and am hesitant. </p> I signed for $5 an acre. Talk…tag:gomarcellusshale.com,2014-06-12:2274639:Comment:5907142014-06-12T16:19:51.916ZRick Butlerhttps://gomarcellusshale.com/profile/RickButler
<p>I signed for $5 an acre. Talked to some folks that did the same a couple years ago and there is drilling in their area now.</p>
<p>Rick</p>
<p>I signed for $5 an acre. Talked to some folks that did the same a couple years ago and there is drilling in their area now.</p>
<p>Rick</p> TGS in Guernsey county is wor…tag:gomarcellusshale.com,2014-05-28:2274639:Comment:5865832014-05-28T13:42:10.131Zcountrygirlhttps://gomarcellusshale.com/profile/BethAyers
<p>TGS in Guernsey county is working for AEU....or they may be working for numerous companies...I guess depending on who has your lease......but I look at it the sooner they can get it done the sooner they will drill...and maybe we can see something out of this while we are still alive...we did not see anything from bonus as we were held by production....Enervest seen a mighty good payoff though...</p>
<p>TGS in Guernsey county is working for AEU....or they may be working for numerous companies...I guess depending on who has your lease......but I look at it the sooner they can get it done the sooner they will drill...and maybe we can see something out of this while we are still alive...we did not see anything from bonus as we were held by production....Enervest seen a mighty good payoff though...</p> There are essentially three b…tag:gomarcellusshale.com,2014-05-27:2274639:Comment:5860952014-05-27T01:37:06.884ZJack Strawhttps://gomarcellusshale.com/profile/JosephHawk
<p><font face="Times New Roman" size="3">There are essentially three basic ways in which a 3D Survey is financed.</font></p>
<p><font face="Times New Roman" size="3"> </font></p>
<p><font face="Times New Roman" size="3">1. A proprietary survey. A client company engages a Seismic Data Acquisition contractor to shoot a survey. The client company will specify the area they wish surveyed and will typically specify the parameters they wish used (shot spacing, shot size, shot depth, receiver group…</font></p>
<p><font face="Times New Roman" size="3">There are essentially three basic ways in which a 3D Survey is financed.</font></p>
<p><font face="Times New Roman" size="3"> </font></p>
<p><font face="Times New Roman" size="3">1. A proprietary survey. A client company engages a Seismic Data Acquisition contractor to shoot a survey. The client company will specify the area they wish surveyed and will typically specify the parameters they wish used (shot spacing, shot size, shot depth, receiver group spacing, etc.). The Client company will often have their instrument engineer check out the equipment prior to the start of the survey and will have a company Quality Control representative engineer/geophysicist (either a company representative or a trusted consultant) siting on the crew. The data, once acquired is the sole property of the Client company; the results of the survey can be traded or sold by the contracting Client company at any subsequent data.</font></p>
<p><font face="Times New Roman" size="3">Think of this as being like buying a car.</font></p>
<p><font face="Times New Roman" size="3">It sounds like Hess contracted to have a proprietary survey shot over an area that included Billy Bob’s farm. Now it sounds as though Chesapeake have contracted to have another proprietary survey shot over an area that includes Billy Bob’s farm; the Hess (Global) survey and the Chesapeake(TGS) survey appear to (at least) have an area of overlap that includes Billy Bob’s farm.</font></p>
<p><font face="Times New Roman" size="3"> </font></p>
<p><font face="Times New Roman"><font size="3">2). A spec survey. In a spec survey, the Seismic Data Acquisition contractor chooses to acquire the data in an area that the Seismic Data Acquisition contractor believes to be of interest to multiple companies. The Seismic Data Acquisition contractor then offers the survey for sale to any and all interested parties. Typically the survey results will be priced such that there is a price for those who subscribe prior to the commencement of shooting the survey … and another higher price to those who choose to purchase the survey after commencement of shooting the survey; in this manner, the Seismic Data Acquisition contractor hopes to obtain a sufficient number of subscribers prior to commencing the survey to at least indicate that they will ‘break even’. The lower price for pre-purchase is a ‘carrot on the stick’ to entice commitments. The rights to sell or resell) the data resides with the Seismic Data Acquisition contractor.</font> <font size="3"> </font></font></p>
<p><font face="Times New Roman" size="3"><font face="Times New Roman" size="3">Think of this as being like renting a car.</font> </font></p>
<p><font face="Times New Roman" size="3">3) A group shoot. In a group shoot, a Seismic Data Acquisition contractor offers to shoot a survey to companies who agree, in advance, to share the price of the survey. Only those companies who agree (in advance) to participate in the survey will have a right to the survey data. The survey data will not be sold to additional companies after the subscription closes; unless there is a provision for generous payment to the original subscribers.</font></p>
<p><font face="Times New Roman" size="3"><font face="Times New Roman" size="3">Think of this as being like buying a share in a car; a car that you car-pool together.</font></font></p>
<p></p>
<p><font face="Times New Roman" size="3">The Seismic Data Acquisition industry is a ‘cut-throat’ business – companies come and go (all too often); as Graham pointed out “Global gave us $10 per acre and went out of business.”</font></p>
<p><font face="Times New Roman" size="3">It is unlikely that Hess had anything to do with Global deciding to offer $10/acre.</font></p>
<p><font face="Times New Roman" size="3">I am no fan of <font face="Times New Roman" size="3">Chesapeake</font> (and the way that they do business); however, it is unlikely that Chesapeake has anything to do with TGS deciding to offer $5/acre.</font></p>
<p><font face="Times New Roman" size="3">Each Seismic Data Acquisition contractor tends to make their own such decisions.</font></p>
<p><font face="Times New Roman" size="3"> </font></p>
<p><font face="Times New Roman" size="3">I would suggest that two separate O&G companies wishing to acquire data over the same area is a good sign.</font></p>
<p><font face="Times New Roman" size="3"> </font></p>
<p><font face="Times New Roman" size="3">JS</font></p>
<p></p> Last year at just about this…tag:gomarcellusshale.com,2014-05-26:2274639:Comment:5862122014-05-26T23:39:26.712ZBilly Bob Meekerhttps://gomarcellusshale.com/profile/BillyBobMeeker
<p>Last year at just about this same time, Global did seismic testing in Harrison Co., OH, including my farms, and paid $10 per acre. At that time, if I recall correctly, the Global rep. said the testing was being done for Hess Oil.</p>
<p>Now comes TGS again asking for permission to do seismic testing over what appears to be much the same area for only $5 per acre. The TGS rep. said they were doing the testing for Chesapeake. </p>
<p>Not sure why Global went out of business, but if they…</p>
<p>Last year at just about this same time, Global did seismic testing in Harrison Co., OH, including my farms, and paid $10 per acre. At that time, if I recall correctly, the Global rep. said the testing was being done for Hess Oil.</p>
<p>Now comes TGS again asking for permission to do seismic testing over what appears to be much the same area for only $5 per acre. The TGS rep. said they were doing the testing for Chesapeake. </p>
<p>Not sure why Global went out of business, but if they were already contracted by Hess I assume Hess was willing to pay a $10/acre rate. I can only assume that Chesapeake continues to try and screw landowners by only authorizing TGS to pay $5/acre. </p>
<p>I say "screw 'em"!</p> Bill,
The keyword in Barney I…tag:gomarcellusshale.com,2014-05-25:2274639:Comment:5857852014-05-25T16:30:05.368ZSteven A Joliathttps://gomarcellusshale.com/profile/StevenAJoliat
<p>Bill,</p>
<p>The keyword in Barney Issen's comment is render. Rendering the image of a seismic section or rendering a 3D seismic volume is only a small part of the process Jack has previously described, and typically it occurs at the end of the seismic processing cycle. While the hardware and software used for geophysical interpretation has evolved dramatically since the 1990's, it is still quite expensive and requires highly specialized knowledge to successfully operate. I know there are…</p>
<p>Bill,</p>
<p>The keyword in Barney Issen's comment is render. Rendering the image of a seismic section or rendering a 3D seismic volume is only a small part of the process Jack has previously described, and typically it occurs at the end of the seismic processing cycle. While the hardware and software used for geophysical interpretation has evolved dramatically since the 1990's, it is still quite expensive and requires highly specialized knowledge to successfully operate. I know there are common technologies for advanced visualization shared between seismic imaging and certain gaming platforms, but we are not going to see the average Halo player finding oil in his backyard with his Xbox anytime soon. Interpretation and processing of seismic data covering significant acreage will remain costly, time consuming, and require experienced personnel for quite some time. A single seismic workstation with a skilled operator can process, interpret and render seismic data from a small area in a reasonable amount of time, but even this setup will likely cost over $100,000.</p> Signed end of May for $5.00/a…tag:gomarcellusshale.com,2014-05-25:2274639:Comment:5858912014-05-25T15:43:59.934Zpatrickhttps://gomarcellusshale.com/profile/patrick67
<p>Signed end of May for $5.00/acre. My thoughts are the same as yours on doing it. Think that the process will ,have minimal impact for what they will find out . Gt to think the upside far out ways any risk.</p>
<p>Signed end of May for $5.00/acre. My thoughts are the same as yours on doing it. Think that the process will ,have minimal impact for what they will find out . Gt to think the upside far out ways any risk.</p> I think you're blowing the am…tag:gomarcellusshale.com,2014-05-25:2274639:Comment:5858842014-05-25T12:48:17.869ZBill Barnabyhttps://gomarcellusshale.com/profile/BillBarnaby
<p>I think you're blowing the amount of "power" this stuff requires, those first super computers were slower than molasses. Our new PC's can blow through data like a D10 bulldozer through butter. <br></br><br></br>I direct you to this link <a href="http://www.forbes.com/forbes/2010/1122/technology-chevron-james-cearley-topography-seeing-salt.html" target="_blank">http://www.forbes.com/forbes/2010/1122/technology-chevron-james-cearley-topography-seeing-salt.html</a><br></br><br></br>"<span>What would have taken…</span></p>
<p>I think you're blowing the amount of "power" this stuff requires, those first super computers were slower than molasses. Our new PC's can blow through data like a D10 bulldozer through butter. <br/><br/>I direct you to this link <a href="http://www.forbes.com/forbes/2010/1122/technology-chevron-james-cearley-topography-seeing-salt.html" target="_blank">http://www.forbes.com/forbes/2010/1122/technology-chevron-james-cearley-topography-seeing-salt.html</a><br/><br/>"<span>What would have taken three months to render on a Cray in 1993 now takes two hours or less on a PC, says Barney Issen"</span></p>