Comment

Comment by Daniel K. Mathers on October 3, 2009 at 1:51pm

Here is a link to a Map of wells drilled in Lycomng County as of April 24, 2009, coded per the company that drilled. I will furnish another link to the addresses of these wells. More wells continue to be drilled. I know of Penn and Cogan House Twsp. Link to map:

http://lyco.org/LinkClick.aspx?fileticket=JwfcnTfNKKE%3d&tabid=524&mid=997

Dan

Comment by Bonnie Gray on October 3, 2009 at 11:24am

I live in penn town.,You can go to DEP and get maps.

Comment by Kevin on October 2, 2009 at 6:00pm

Kristi Will Chief have the Permit For Falk#3H before they are done drilling #2.

Comment by HARRY STEPHENSON on October 2, 2009 at 5:08pm

thanks Kristi....I dont live up there...where abouts is Penn twp? Is there a map available that has these well locations on? I would like to visit one in operation.

Comment by KWG40 on October 2, 2009 at 1:53pm

Chief is drilling their 14th well in Lycoming. Just finished the Falk #1H and skidding over to drill the Falk #2H in Penn Twp.

Comment by HARRY STEPHENSON on October 2, 2009 at 9:12am

OK, so is there any drilling going on in Lycoming co????

Comment by Daniel K. Mathers on October 1, 2009 at 7:56pm

More signings--See third article down (dated Sept 26, 2009), citing Chesapeake signing in Wyoming County for $5,750 per acre. Also "Background" article to right noting Barnett leases went for $18,000 per acre in strong areas and Pennsylvania is thought to potentially be as good. Interesting times. Sorry this off topic for Lycoming, but perhaps it's coming. Link:

http://www.timesleader.com/news/hottopics/shale

Comment by Daniel K. Mathers on October 1, 2009 at 7:46pm

I have heard or read 4 separate reports of $5-$6,000 per acre in the past 2 weeks. Not in Lycoming County, but Bradford, Tioga, Susquehanna and Sullivan. Clearly they are taking a long term look (longevity of these wells is now thought to be 45-60 years), NG price is slowly firming up (futures bumping on $5 and Marcellus worth $1 to $1.60 more than spot) and more players are coming into the market.

Comment by Bonnie Gray on October 1, 2009 at 9:16am

that is just unreal, I thought we did good with 750.00....how can this be?

Comment by Daniel K. Mathers on September 29, 2009 at 8:56pm

Article on new Susq County Leases @ $5,000-$6,000/acre:

http://www.pennlive.com/midstate/index.ssf/2009/09/post_15.html

Hope it moves south.

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