Replies to This Discussion

Permalink Reply by mkf on November 29, 2012 at 12:08am

I just got an email from SkyTruth.org showing well permits were issued for the Tharp (PA Gas Drilling Permit Issued in Ohioville Boro Township) and Berovich (PA Gas Drilling Permit Issued in Industry Boro Township) wells.  I guess they're going back to drill additional wells which seems like good news.

Permalink Reply by craig on November 29, 2012 at 6:25am

My bet is the only wells they will be drilling are those that are needed to drill to hold acreage by production, or those wells that will soon be hooked up to a gathering line.

In South Beaver there are 7 permits either approved, or in the process, for wells that will be on new sites as well as drilling new wells on pads already drilled. I believe this is so because the gathering lines are close to being started from what I understand.

Permalink Reply by mkf on November 29, 2012 at 8:33am

There are 3 wells around here that are connected by gathering lines and I hear one of them is near a transmission line.  Have you heard whether anyone is getting royalties yet?

Permalink Reply by craig on November 29, 2012 at 10:03am

Hi mkf,

The Thompson well has been hooked up to a transmission line for over a year now. That is the well that Tharp and Burdick are connected to since a month or so ago. When the Thompson well went online it took 3 more months before the first check arrived. I wouldn't get too excited about the royalty checks, yet. At $3+ natural gas i suspect you will see around $40-70 /acre per month IF the wells are allowed to flow without much restriction. I was told the Thompson well in August this year was throttled way back to like 1/5 of last years flow rate during the same month... which translates into something like $10/acre per month. 

Disclaimer:  I am guessing abit on the $10/acre/month as the landowner said he didn't figure it out as the check was too small to worry about it... he has something like 20 acres in the unit.

When the checks arrive from the Tharpe well, I have a relative that will let me see the check stub to figure out what is what.

Permalink Reply by mkf on November 29, 2012 at 11:11pm

So I guess there's nothing to the wild rumors floating around about the big royalty checks.  If the price of gas goes up and they start letting them flow, the price will go down again, wouldn't you think?

Permalink Reply by Larry Livengood on November 29, 2012 at 10:45am

Some activity on permitting wells for the Tharpe, Burdick pads in November.  They seem to be ready to do a second round of wells on these sites.

Permalink Reply by craig on November 29, 2012 at 1:30pm

Yea, same thing for the Thompson and Rolling Acres wells. They are supposed to start the gathering line over to Rolling Acres after the first of the year, so that makes sense. It will be a couple more years before enough gathering lines are hooked up that the masses will see checks, albeit however small they may be... until the price goes up enough, then they will open the valves and the royalties will be good, at least for awhile.

Permalink Reply by mkf on November 29, 2012 at 11:12pm

I didn't think or notice that gathering lines were put in around the Berovich well.  I guess they must be there, though, if they're going to drill another well.

Permalink Reply by John on November 30, 2012 at 1:28am

I was told me that they don't plan on drilling those sites again anytime soon. They are just going to continue to drill where they need to hold by production, and then move rigs to wet gas. The reason they are getting these additional permits is because if they don't have an active permit, they have to reclaim the site, and it is much less expensive to get a new permit than to tear out a pad that you spent loads of money on just to reinstall it when you do eventually drill again. But then again energy companies have been known to bend the truth to not tip their hand, so only time will tell.

Permalink Reply by Larry Livengood on November 30, 2012 at 3:06am

Makes sense about the permits, but the well at the clay pits off 168 has sit since 07 and the Burdick Pad and well set idle for 3 years before they even made a unit.  There was no reclamation activity there.   Like politics, the story line changes to suit the day's events.

Permalink Reply by craig on November 30, 2012 at 1:49pm

I was told that the Darlington Brick well bore isn't going to be used again because of the trouble they had trying to reuse the Burdick bore. 

Permalink Reply by Larry Livengood on November 30, 2012 at 1:56pm

The ended up drilling a new well at Burdick and plugging the original.  But the point was, why haven't they had to reclaim the sites if not being used and the clay pit has never been repermitted that I know of.

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