Replies to This Discussion

Permalink Reply by David Cain on August 18, 2016 at 1:16pm

Prospector,

Back in 2012 I was offered $1,500 an acre and 15% royalties for acreage in Adams township.  I decided to  hold out until prices got better (one of many mistakes I have made).  There was also an offer to purchase half of my mineral rights for $1,100 I think.  A couple of landowner groups were formed.  But when the few wells in Coshocton county were poor producers the activity came to a screeching halt.  I have heard that a horizontal Clinton well was drilled and was producing pretty well.   Hope that helps.

Permalink Reply by 0ym9x5ag7ury2 on August 19, 2016 at 9:16am

Prospector,

      David was lucky not to act and his "mistakes" may turn out to work in his favor.

Take a look at the two links below and you'll see Coshocton County is in the Oil window. If a driller didn't get oil he wasn't trying to get oil. There's no way to know what the O&G companies keep quiet in order to wait for prices to drop. You'll find they don't play fair even when producing from a well.

http://images.slideplayer.com/9/2518150/slides/slide_29.jpg

http:/geosurvey.ohiodnr.gov/portals/geosurvey/energy/Utica-PointPle...

http://www.jefferies.com/CMSFiles/Jefferies.com/files/Conferences/U...

Permalink Reply by James Vanderink on August 20, 2016 at 6:51am

If this works it could open up points west of the current drilling like Coshocton. This is a total guess but with the companies involved in the JIP I would think the Anadarko Mill Creek well acquired by NGO might be where the studies are being conducted. Total guess though.

http://www.battelle.org/site/battelle-oil-gas-newsletter/battelle-o...