All things pertaining to leasing and drilling in Cabell County.
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Latest Activity: Dec 4, 2015
Started by Pondage. Last reply by Pondage Mar 2, 2013. 3 Replies 0 Likes
Use this website to track well data "Pipeline" is very usefull.WV Geological and Economic SurveyUse this website to track lease data and…Continue
Started by Pondage. Last reply by IRONFARMER Feb 14, 2013. 2 Replies 0 Likes
Any one have any new research info or data on the Rome Trough play? Continue
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If you are looking for the Organic Rich portion of the play, this link will get you to the most recent data.
The map at the bottom of the page shows where it is present in KY & WV but may be too thin or organic lean but will still have the possibility to produce due to migration & other trapping.
http://gomarcellusshale.com/group/rogersville-shale/forum/topics/ro...
Yes, I agree. Seems a little short on price. It is just a matter of time before Cabell and Wayne County will be seeing a noticeable increase in activity. Even though the price of oil and gas is down the country is moving towards developing and converting more uses for all the gas that is in the ground.
I got an email from someone saying that they'd been offered $25/acre for a decently large tract of land in Cabell County. I suggested that $25 was not likely to be the price for long. The Rogersville Shale definitely underlies the county, and the Trenton Limestone probably underlies the county. There are companies working them, but the play is in its infancy. I think signing for $25/acre now is probably selling short. Even if it's not, you can certainly negotiate for more. Wayne County property was getting $250-$500/acre until the recent dip in oil prices. Now that Cabot is the only game in town there, prices have settled down some. But I think I would hold out right now. Also, get together with neighbors and negotiate together.
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