Replies to This Discussion

Permalink Reply by Dan on June 23, 2017 at 1:18pm

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.

Permalink Reply by LewPa on July 7, 2017 at 3:24am

Dan,

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

Permalink Reply by Jonathan H on July 6, 2017 at 4:35pm

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.

Permalink Reply by Finnbear on September 22, 2018 at 3:38pm

Nothing new happening in Belmont County in a year now?

Permalink Reply by Tony on September 23, 2018 at 2:36am

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

Permalink Reply by Finnbear on September 23, 2018 at 2:00pm

Who is the producer?

Permalink Reply by Tony on September 24, 2018 at 1:48am

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

Permalink Reply by Tony on June 27, 2019 at 6:36am

With Encino Energy buying Chesapeake assets, does anyone know if more leasing/drilling is on the horizon or is it pretty much finished for our area?

Permalink Reply by bo boboski on June 27, 2019 at 7:37am

Word is; Encino will be drilling out the permits that Chkp. had scheduled, then start drilling their own .they plan on having 2/4 rigs going, so no; they are not done, maybe just getting started with the 2 cracker plants coming.

Permalink Reply by Tony on June 27, 2019 at 11:38am

That’s an encouraging word

Permalink Reply by Tony on April 23, 2021 at 5:50am

Greetings All!

I hope everyone is safe and well and making it through this unprecedented time

Do any of you have any insight on Encino renewals in Belmont County later this year?