Utica Shale Sweet Spot for Gas - GoMarcellusShale.com2024-03-28T09:16:15Zhttps://gomarcellusshale.com/forum/topics/utica-shale-sweet-spot-for-gas?groupUrl=hancockcountywv&feed=yes&xn_auth=noMore info about the Utica tha…tag:gomarcellusshale.com,2015-07-16:2274639:Comment:6853742015-07-16T01:06:45.493ZToddhttps://gomarcellusshale.com/profile/ToddSmith
More info about the Utica than I can handle! :-)<br />
<a href="http://nrcce.wvu.edu/wp-content/uploads/FINAL_UTICA_REPORT_07012015.pdf" target="_blank">http://nrcce.wvu.edu/wp-content/uploads/FINAL_UTICA_REPORT_07012015.pdf</a>
More info about the Utica than I can handle! :-)<br />
<a href="http://nrcce.wvu.edu/wp-content/uploads/FINAL_UTICA_REPORT_07012015.pdf" target="_blank">http://nrcce.wvu.edu/wp-content/uploads/FINAL_UTICA_REPORT_07012015.pdf</a> Energy Department Authorizes…tag:gomarcellusshale.com,2013-09-14:2274639:Comment:4987072013-09-14T03:21:23.445ZToddhttps://gomarcellusshale.com/profile/ToddSmith
<h2 class="page-title">Energy Department Authorizes Dominion’s Proposed Cove Point Facility to Export Liquefied Natural Gas</h2>
<div class="publish-date">September 11, 2013 - 1:11pm</div>
<p><a href="http://www.doe.gov/articles/energy-department-authorizes-dominion-s-proposed-cove-point-facility-export-liquefied">http://www.doe.gov/articles/energy-department-authorizes-dominion-s-proposed-cove-point-facility-export-liquefied…</a></p>
<p></p>
<h2 class="page-title">Energy Department Authorizes Dominion’s Proposed Cove Point Facility to Export Liquefied Natural Gas</h2>
<div class="publish-date">September 11, 2013 - 1:11pm</div>
<p><a href="http://www.doe.gov/articles/energy-department-authorizes-dominion-s-proposed-cove-point-facility-export-liquefied">http://www.doe.gov/articles/energy-department-authorizes-dominion-s-proposed-cove-point-facility-export-liquefied</a></p>
<p><a href="https://www.dom.com/business/gas-transmission/cove-point/liquefaction.jsp">https://www.dom.com/business/gas-transmission/cove-point/liquefaction.jsp</a></p>
<p>"The project would produce an estimated $9.8 billion in royalty payments to mineral owners over 25 years."</p> The Future of Natural Gas in…tag:gomarcellusshale.com,2013-09-04:2274639:Comment:4931602013-09-04T17:45:22.388ZToddhttps://gomarcellusshale.com/profile/ToddSmith
<p>The Future of Natural Gas in 2 Slides</p>
<p><a href="http://www.fool.com/investing/general/2013/09/01/the-future-of-natural-gas-in-2-slides.aspx">http://www.fool.com/investing/general/2013/09/01/the-future-of-natural-gas-in-2-slides.aspx</a></p>
<p>The Future of Natural Gas in 2 Slides</p>
<p><a href="http://www.fool.com/investing/general/2013/09/01/the-future-of-natural-gas-in-2-slides.aspx">http://www.fool.com/investing/general/2013/09/01/the-future-of-natural-gas-in-2-slides.aspx</a></p> Hey, that's the best offer ye…tag:gomarcellusshale.com,2013-08-24:2274639:Comment:4898932013-08-24T21:56:51.675ZTim Tarrhttps://gomarcellusshale.com/profile/TimothyTarr
<p>Hey, that's the best offer yet. ; )</p>
<p>Hey, that's the best offer yet. ; )</p> Good math Tim,
Ok, I'll buy y…tag:gomarcellusshale.com,2013-08-24:2274639:Comment:4900292013-08-24T19:30:18.930ZToddhttps://gomarcellusshale.com/profile/ToddSmith
<p>Good math Tim,</p>
<p>Ok, I'll buy your mineral rights:</p>
<p>$4000 per acre $CASH MONEY$ NOW! :~)</p>
<p>Good math Tim,</p>
<p>Ok, I'll buy your mineral rights:</p>
<p>$4000 per acre $CASH MONEY$ NOW! :~)</p> Thanks Todd,
I seem to be…tag:gomarcellusshale.com,2013-08-24:2274639:Comment:4899962013-08-24T17:27:34.067ZTim Tarrhttps://gomarcellusshale.com/profile/TimothyTarr
<p>Thanks Todd,</p>
<p> I seem to be falling behind following these reports. I really like those those Marcellus numbers.</p>
<p></p>
<p>per acre :</p>
<p>Super Rich- 17.42 Mboe (1.08 Mbbls condensate, 8.96 Mbbls NGL's and 45.3 Mmcf) </p>
<p>Wet- 127.6 Mmcfe (0.279 Mbbls condensate, 9.862 Mbbls NGL's and 66.21Mmcfe)</p>
<p>Dry- 106.28Mmcfe</p>
<p>Now do that Downspacing to 500 feet between laterals using that 80% </p>
<p>Super Rich- 27.87 Mboe (1.72 Mbbls condensate, 14.33 Mbbls NGL's…</p>
<p>Thanks Todd,</p>
<p> I seem to be falling behind following these reports. I really like those those Marcellus numbers.</p>
<p></p>
<p>per acre :</p>
<p>Super Rich- 17.42 Mboe (1.08 Mbbls condensate, 8.96 Mbbls NGL's and 45.3 Mmcf) </p>
<p>Wet- 127.6 Mmcfe (0.279 Mbbls condensate, 9.862 Mbbls NGL's and 66.21Mmcfe)</p>
<p>Dry- 106.28Mmcfe</p>
<p>Now do that Downspacing to 500 feet between laterals using that 80% </p>
<p>Super Rich- 27.87 Mboe (1.72 Mbbls condensate, 14.33 Mbbls NGL's and</p>
<p>72.48 Mmcf) </p>
<p>Wet- 204.16Mmcfe (0.447 Mbbls condensate, 15.77 Mbbls NGL's and 105.93 Mmcfe)</p>
<p>Dry- 170.04 Mmcfe</p>
<p> $100 oil ($85 condensate), $3.50 gas and $20 NGL works out to </p>
<p> Super Rich- $ 686,480</p>
<p> Wet- $724,150</p>
<p> Dry-$595,140</p>
<p>So if you have the worst lease possible (12.5% and 50% deductions) in dry gas area</p>
<p>works out to $ 37,000 an acre for eventual payout. No additional formations (Rhinestreet, Utica and perhaps more). </p>
<p>Guess I should sell those Rights !!!!</p>
<p></p>
<p></p> Range's August 2013 presentat…tag:gomarcellusshale.com,2013-08-24:2274639:Comment:4894032013-08-24T00:51:35.716ZToddhttps://gomarcellusshale.com/profile/ToddSmith
<p>Range's August 2013 presentation Pg. 50 shows Hancock County in the middle of the dry Utica well trend being drilled by CHK in SE Jefferson County, Ohio and NW Beaver County,PA </p>
<p><a href="http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NTE2ODMwfENoaWxkSUQ9MTk5NTk1fFR5cGU9MQ==&t=1">http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NTE2ODMwfENoaWxkSUQ9MTk5NTk1fFR5cGU9MQ==&t=1</a></p>
<p></p>
<p>Range's August 2013 presentation Pg. 50 shows Hancock County in the middle of the dry Utica well trend being drilled by CHK in SE Jefferson County, Ohio and NW Beaver County,PA </p>
<p><a href="http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NTE2ODMwfENoaWxkSUQ9MTk5NTk1fFR5cGU9MQ==&t=1">http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NTE2ODMwfENoaWxkSUQ9MTk5NTk1fFR5cGU9MQ==&t=1</a></p>
<p></p> The standardized horizontal d…tag:gomarcellusshale.com,2013-05-26:2274639:Comment:4540712013-05-26T15:42:11.872ZToddhttps://gomarcellusshale.com/profile/ToddSmith
<p>The standardized horizontal dry gas well is 6000' in length. A deep formation unit below the Onondaga limestone in WV can not exceed 640 acres = 1 square mile.</p>
<p> </p>
<p>The standardized horizontal dry gas well is 6000' in length. A deep formation unit below the Onondaga limestone in WV can not exceed 640 acres = 1 square mile.</p>
<p> </p> How many acres per unit for t…tag:gomarcellusshale.com,2013-05-26:2274639:Comment:4537122013-05-26T02:00:42.377ZJasonhttps://gomarcellusshale.com/profile/JasonLytle
How many acres per unit for the $40,000,000 estimate? Trying to figure out Mount per acre.
How many acres per unit for the $40,000,000 estimate? Trying to figure out Mount per acre. http://www.eclipseresources.c…tag:gomarcellusshale.com,2013-05-25:2274639:Comment:4538002013-05-25T20:04:30.485ZToddhttps://gomarcellusshale.com/profile/ToddSmith
<p><a href="http://www.eclipseresources.com/wp-content/uploads/2012/11/January-2013-Presentation.pdf">http://www.eclipseresources.com/wp-content/uploads/2012/11/January-2013-Presentation.pdf</a></p>
<p>See Pg. 14 from the good folks at Eclipse. There appears to be copious volumes of dry gas in all of Hancock County, WV on the order of IP's of about 10 MMCF/day and EUR's of about 10 bcf per well which translates to $40,000,000 per well at today's $4/mmcf pricing.</p>
<p>The price of gas should…</p>
<p><a href="http://www.eclipseresources.com/wp-content/uploads/2012/11/January-2013-Presentation.pdf">http://www.eclipseresources.com/wp-content/uploads/2012/11/January-2013-Presentation.pdf</a></p>
<p>See Pg. 14 from the good folks at Eclipse. There appears to be copious volumes of dry gas in all of Hancock County, WV on the order of IP's of about 10 MMCF/day and EUR's of about 10 bcf per well which translates to $40,000,000 per well at today's $4/mmcf pricing.</p>
<p>The price of gas should continue to rise with recent approval of LNG exports to premium international markets.</p>
<p><a href="http://oilprice.com/Energy/Natural-Gas/LNG-Exports-Obama-Sides-with-the-Oil-Gas-Industry.html">http://oilprice.com/Energy/Natural-Gas/LNG-Exports-Obama-Sides-with-the-Oil-Gas-Industry.html</a></p>
<p>Comments please!</p>