So I've been away from GMS since they switched up the websites. I'm glad it's been returned to "normal"!

I've also noticed that there has been no discussion about any activity in Belmont County. Is the exploration/leasing/drilling all finished here? Are leases being renewed?

Views: 1673

Replies to This Discussion

I've been away for a few months but over the last year south of I70 has been extremely active with drilling and other companies have been actively trying to get us to sign a better lease after our first lease was left to expire. The bonus is better but after the last few years of decreasing royalties we haven't decided if we want the potential surface activity.

Dan,

You can try adding a non surface lease to the discussion. LewPa

Parts of the county are; parts aren't.

My part of the county, south of I-70 far east, lease offers are few and the last amounts I heard were fairly low, $700 - $1,000/ acre for 3 to 5 years, with some rumors they would drop the lease after 1 or 2 if they didn't drill.

Note that these are 2nd hand; I haven't been directly involved in any discussions yet.

Nothing new happening in Belmont County in a year now?

Finnbear,

We received what I think were called orders for wells in Belmont county earlier this year. One was called the Keller and the other Sturratt maybe? Actually it was the latter part of last year. Anyways we then received orders or something to that effect saying that we were in a well unit. Then things got quiet and a month or so ago we received a letter from ODNR saying that there was not enough participation and no wells would be drilled? Not sure of the oil/gas lingo. Naturally we are disappointed but not really sure what happened between November2017 and a few months ago

Who is the producer?

Chesapeake

I didn't get a chance to reread the last letter from ODNR but I believe it said something about not enough participation? Does that sound right? I just assumed everyone inside the map of the layout of the well was signed/leased

RSS

Local Groups

Latest Activity

farmgas replied to Old Timer's discussion 'CONVERSATIONS'
3 hours ago
Jeff Kerr replied to farmgas's discussion 'Where is the EQT and Rice dispute heading?'
3 hours ago
farmgas replied to Old Timer's discussion 'CONVERSATIONS'
4 hours ago
carp replied to Old Timer's discussion 'CONVERSATIONS'
4 hours ago

Blog Posts

Forgotten Men and Women of Canadian Energy Industry Protest

Posted by Thomas J Shepstone on January 4, 2019 at 10:37am 0 Comments

The forgotten men and women of the Canadian energy industry are mad as hell and not taking it anymore. They’re protesting in their trucks and it’s spreading.

Whenever I go to New York City, which is as seldom as…

Continue

Events

© 2019   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service