|Pennsylvania-Lycoming County||05/07/2013||17.00%||$2500.00||5 years||20.00|
|Pennsylvania-Lycoming County||08/08/2013||20.00%||$0.00||1 year||241.60|
Inflection is offering $600 and 15%. I have 17 acres. Should I take it? The Landman whore says they don't negotiate.
Thanks. There are two plots above me total about 150 acres but a bunch of us little guys in between. Last I heard, the one guy above me was in negotiations on his 85 acres. If us little guys formed a group, we'd be hard-pressed to get much more than 100 acres between us and I bet a lot of them already signed.
Landman whore? That's nice...
Have you seen the price of gas on leidy? I'm surprised they're offering you anything. Haven't seen much in the way of new drilling in Lycoming in quite some time.
Here's a report from a nearby well---over $6 million in 284 days of production.
|Totals for Entire BUSH HILL BENNETT 2 Well-Pad:|
|Gas production:||2,228,204 MCF (up to Jun 30th, 2015 [DEP data date: 8/29/2015])|
|Dollar value:||$ 6,016,150.80 (ATW $ 2.70 per MCF)|
|Estimated Royalties:||$ 752,018.85 (@ 12.5%)|
|Avg Per Day Production:||7,846 Mcf | $ 21,183.63 ATW dollars|
|Total Production Days:||284|
|Liquid Waste:||127,638 Gallons (3,039 Bbls)|
|Site Inspections:||18 inspections|
|Violations Cited:||3 violations|
|Production reporting through: Jun 30th, 2015 [DEP data date: 8/29/2015]|
I'm near the Hensler well site in Hepburn Township. 6 wells are planned for that site.
I just read that Talisman is paying $1500/15% in Bradford County.
Am curious, around when ( mth / yr ) did they sign for the 3k / acre on the Slabtown acreage ?
Thanks in advance