What's going on in your area?? any info???

Just curious...

     I am in Liberty township and a few months ago got an offer to buy my royalties for 1500 to 1800 per acre, but they would do a more in-depth look if I was serious which "mite change the numbers" slightly....even tho I am not drilled or receiving any royalties ..talked to a landsman rite b4 I contacted them and he advised caution as there will be "significant" activity in my area in the "near future"....how about it, anybody else get an offer or hear anything or see any activity here in Tioga Co. ?

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Replies to This Discussion

Permalink Reply by paleface on September 19, 2015 at 3:34pm

 That is supposed to say $835.00 per well per month.

Permalink Reply by Ann Ticopa on September 19, 2015 at 8:10pm

Even per week, that wouldn't payl the cost (salary + benefits) of one full-time district employee.  And if it's not land the district intends to use for classrooms, playing fields, and/or buffer space, why not sell and get more money for it? 

Permalink Reply by paleface on September 20, 2015 at 12:26pm

There is 30 acres two wells that is 1670.00 a month.The school system didn't sign because of uncertainty on the deductions.

Permalink Reply by Ann Ticopa on September 20, 2015 at 6:20pm

Got that (835x2=1670).  What will that have declined to in another year?  Now if they sold the land for development, it would go on the district RE tax roll.  Taxes are forever and seldom decline.  

Permalink Reply by paleface on September 20, 2015 at 8:26pm

I don't know if SW. has drilled any Utica wells the two that are drilled are Marcellus wells.It could end up being a stacked play?

Permalink Reply by william Allen. Ladd on September 19, 2015 at 9:26pm

Rumor has it that a couple of permits  have hit a snag concerning the Painter well site. Permits were approved but the problem is, where does the money go? I presume which account is entitled to receive it?

We observed a triaxle logging truck moving out from the site with a full load of logs two days ago.

No other activity as far as I know for a couple of days now

Bill L

Permalink Reply by JOE REDDING on September 24, 2015 at 11:10am
There is a reworking project in progress on the Watkins pad. Any info?
Permalink Reply by paleface on September 25, 2015 at 4:06pm
Permalink Reply by Christopher Meehan on October 8, 2015 at 11:38am

New Talisman well going in Hamilton twp. (Blossburg). This well is named the Olsen well. They plan on doing one more next to my land. They are heavy in this area.

Permalink Reply by Ann Ticopa on November 3, 2015 at 10:31am

"Shell takes $ 8b hit from axed projects
Royal Dutch Shell has taken an $8 billion (Dh29.4 billion) hit from its decision to pull out of Alaska, axe a Canadian oil sands project and write down [further] US shale assets in the wake of the crude price plunge. ..."
http://gulfnews.com/business/sectors/energy/shell-takes-8b-hit-from...

Permalink Reply by Ann Ticopa on November 8, 2015 at 12:55pm

Josie,
You may already know about this, but I just found that Shell has redone their Appalachia (and other) U.S. web pages.  One change is that they are now specifying three polymerization units in addition to the ethane cracker.   

Shell (U.S.) "Projects and Locations"
http://www.shell.us/about-us/projects-and-locations.html

"Appalachian Petrochemical Project"
http://www.shell.us/about-us/projects-and-locations/appalachian-pet...

"Appalachia - Pennsylvania"
http://www.shell.us/about-us/projects-and-locations/appalachia-penn...

Permalink Reply by Ann Ticopa on November 8, 2015 at 4:02pm

Yes, I'd posted about the write-downs on Tuesday.  That's got to smart to have to publicly admit to having made the bad choices. 

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