Will leasing shallow have impact on leasing deep rights? - GoMarcellusShale.com2024-03-28T12:48:44Zhttps://gomarcellusshale.com/forum/topics/will-leasing-shallow-have-impact-on-leasing-deep-rights?feed=yes&xn_auth=noAppreciate all the replies. …tag:gomarcellusshale.com,2012-06-25:2274639:Comment:3075162012-06-25T23:25:14.602Zrex roaehttps://gomarcellusshale.com/profile/rexroae
<p>Appreciate all the replies. Forgive me for not saying much but I've learned it's sometimes better to keep your mouth shut and just listen.*grin*</p>
<p>Appreciate all the replies. Forgive me for not saying much but I've learned it's sometimes better to keep your mouth shut and just listen.*grin*</p> http://www.dcnr.state.pa.us/u…tag:gomarcellusshale.com,2012-06-25:2274639:Comment:3073212012-06-25T21:56:20.329ZDavid Perottohttps://gomarcellusshale.com/profile/DavidPerotto
<a href="http://www.dcnr.state.pa.us/ucmprd1/groups/public/documents/document/dcnr_009742.pdf" target="_blank">http://www.dcnr.state.pa.us/ucmprd1/groups/public/documents/document/dcnr_009742.pdf</a>
<a href="http://www.dcnr.state.pa.us/ucmprd1/groups/public/documents/document/dcnr_009742.pdf" target="_blank">http://www.dcnr.state.pa.us/ucmprd1/groups/public/documents/document/dcnr_009742.pdf</a> very well put!tag:gomarcellusshale.com,2012-06-25:2274639:Comment:3074152012-06-25T21:45:40.273Z3uq96odaochmjhttps://gomarcellusshale.com/xn/detail/u_3uq96odaochmj
<p>very well put!</p>
<p>very well put!</p> those formations do not lie a…tag:gomarcellusshale.com,2012-06-25:2274639:Comment:3073192012-06-25T21:45:15.451Z3uq96odaochmjhttps://gomarcellusshale.com/xn/detail/u_3uq96odaochmj
<p>those formations do not lie above the shallow venango & mississippian sands, they lie below them, and are considered "lower devonian" - check this out with a geologic/formation chart that is redaily available from the PADEP Bureau of topo. and Geo.</p>
<p>those formations do not lie above the shallow venango & mississippian sands, they lie below them, and are considered "lower devonian" - check this out with a geologic/formation chart that is redaily available from the PADEP Bureau of topo. and Geo.</p> I will offer an opinion (ting…tag:gomarcellusshale.com,2012-06-25:2274639:Comment:3071022012-06-25T21:23:34.886ZJack Strawhttps://gomarcellusshale.com/profile/JosephHawk
<p>I will offer an opinion (tinged with guess).</p>
<p>The small time operators who drill the shallow sands are one group.</p>
<p>The large operators who drill the deep unconventional horizontal shale wells are another group.</p>
<p>There are a few mid-sized operators who have "moved up" from drilling shallow wells to now also drill deep unconventional horizontal shale wells - a group that overlaps both of the above.</p>
<p>The danger in leasing both the shallow and deep in one lease is that…</p>
<p>I will offer an opinion (tinged with guess).</p>
<p>The small time operators who drill the shallow sands are one group.</p>
<p>The large operators who drill the deep unconventional horizontal shale wells are another group.</p>
<p>There are a few mid-sized operators who have "moved up" from drilling shallow wells to now also drill deep unconventional horizontal shale wells - a group that overlaps both of the above.</p>
<p>The danger in leasing both the shallow and deep in one lease is that the operators drills a marginal shallow well in order to hold the acreage by production - intending to sit on the deep until some indeterminate time passes.</p>
<p>I would only consider leasing both shallow and deep in one lease IF there is a vertical Pugh Clause inserted to protect you.</p>
<p>My inclination would be to separate the shallow from deep, leasing to two operators. But, that is my prejudice.</p>
<p>Whatever you consider doing - do not sign anything without first having it reviewed by an atttorney with O&G experience.</p>
<p> </p>
<p>All IMHO,</p>
<p> JS</p> Jasper,
Along the Crawford/Ve…tag:gomarcellusshale.com,2012-06-25:2274639:Comment:3072102012-06-25T21:16:08.691ZDavid Perottohttps://gomarcellusshale.com/profile/DavidPerotto
Jasper,<br />
Along the Crawford/Venago border lies the Rhinestreet formation, Upper Devonian. Not sure of the total organic carbon nor thermal maturity, but it may be a very productive play based upon total thickness of the black shale. Just north in NY it looks to be in the oil phase and plenty of thickness and carbon content.
Jasper,<br />
Along the Crawford/Venago border lies the Rhinestreet formation, Upper Devonian. Not sure of the total organic carbon nor thermal maturity, but it may be a very productive play based upon total thickness of the black shale. Just north in NY it looks to be in the oil phase and plenty of thickness and carbon content. sorry all..................I'…tag:gomarcellusshale.com,2012-06-25:2274639:Comment:3073142012-06-25T20:42:36.882Z3uq96odaochmjhttps://gomarcellusshale.com/xn/detail/u_3uq96odaochmj
<p>sorry all..................I'm referring to Venango / Crawford Co., PA. We have no "shallow" productive shales here that lie that shallow of a depth. Formations (i.e. sands) less than 3000' here have the potential of conventional natural gas and oil.</p>
<p>sorry all..................I'm referring to Venango / Crawford Co., PA. We have no "shallow" productive shales here that lie that shallow of a depth. Formations (i.e. sands) less than 3000' here have the potential of conventional natural gas and oil.</p> Yes it is Jasper... which is…tag:gomarcellusshale.com,2012-06-25:2274639:Comment:3070072012-06-25T19:50:20.793ZJim Shooshttps://gomarcellusshale.com/xn/detail/u_1zmcv26fki85q
<p>Yes it is Jasper... which is why you can't make unequivocal statements that suggest there is a right way or a wrong way to go about the leasing game. When there are so many unknowns you can't always make an intelligent decision. This poster may not be leaving money in the ground as you stated... he may be like the hundreds of people in Columbia County, PA that got paid nearly $3,000/acre in lease bonus monies for acreage that turned out to be virtually worthless in terms of Marcellus Shale…</p>
<p>Yes it is Jasper... which is why you can't make unequivocal statements that suggest there is a right way or a wrong way to go about the leasing game. When there are so many unknowns you can't always make an intelligent decision. This poster may not be leaving money in the ground as you stated... he may be like the hundreds of people in Columbia County, PA that got paid nearly $3,000/acre in lease bonus monies for acreage that turned out to be virtually worthless in terms of Marcellus Shale productivity. Not all Shale is created equal.</p> I've got news for you: if som…tag:gomarcellusshale.com,2012-06-25:2274639:Comment:3070042012-06-25T19:49:52.228Z0i7okn54zwbdohttps://gomarcellusshale.com/xn/detail/u_0i7okn54zwbdo
<p>I've got news for you: if someone is paying $500/acre for shallow rights they're after a shallow shale. There's a Devonian shale here in Ohio that has huge potential for gas production if the price is right. I know less about it in Rex's neighborhood, but I'll bet even money that whomever is trying to lease him at that price has a shallow shale formation in mind.</p>
<p>I've got news for you: if someone is paying $500/acre for shallow rights they're after a shallow shale. There's a Devonian shale here in Ohio that has huge potential for gas production if the price is right. I know less about it in Rex's neighborhood, but I'll bet even money that whomever is trying to lease him at that price has a shallow shale formation in mind.</p> and that's always a big "when…tag:gomarcellusshale.com,2012-06-25:2274639:Comment:3072532012-06-25T19:12:10.764Z3uq96odaochmjhttps://gomarcellusshale.com/xn/detail/u_3uq96odaochmj
<p>and that's always a big "when and if"....................</p>
<p>and that's always a big "when and if"....................</p>