Comment

Comment by Jesse Drang on July 7, 2016 at 9:00am

Also, Crawford has more than 3,200 conventional wells (2012 data), which means there is a lot of HBP acreage here. However, I'm not sure of the minimum unit size for shallow wells versus unconventional wells (with a mile lateral). There might be a lot a "gap filling" leasing to fill out larger units. Hopefully, our property (and yours) will be picked up in this process.

Comment by Jesse Drang on July 7, 2016 at 8:52am

Dave - I have heard of nothing, yet. There are a lot of cubic feet to drain before getting to Crawford, but I suspect speculation will pick up in a few years.

Comment by Dave on July 6, 2016 at 10:02am

Has anyone been contacted to lease their property since the shell announcement.  At this point i would lease fairly cheap.  Any information would be good.  Good luck

Comment by Joseph-Ohio on June 11, 2016 at 11:04am

Watching...........waiting...............good luck to all of us.

Comment by Jesse Drang on June 11, 2016 at 11:00am

I think Range Resources is impacted by the Shell announcement. They were contracting to send NGLs to Europe and now there is a plant in their backyard. Range also has a large holding in Crawford, which is in the wet gas area. Of course, Range is really focusing on SW PA right now.

Watch Range - I think they are going to have to sell product to Shell rather than send it overseas. Interesting times.

Comment by Joseph-Ohio on June 11, 2016 at 10:37am

So far, so good..........BUT..........based on what I've read here on these pages, it could be much better  for ALL land / mineral owners / lessors !

Don't you agree ?

Comment by Jesse Drang on June 11, 2016 at 10:28am

PS - hey, Joe. Hope all is well! (Excuse the pun)

Comment by Jesse Drang on June 11, 2016 at 10:27am

It is good to be in the wet gas window. I appreciate it will be a while before getting to Crawford, but we might see an uptick in speculation ... hell, I'd sign a 10-year lease.

Comment by Joseph-Ohio on June 8, 2016 at 8:48am

Good luck Crawford !

Giddyup !

Good to read ya' Jesse !

Comment by Jesse Drang on June 8, 2016 at 6:59am

The new Shell plant in Beaver County means long term prospects for Crawford County have substantially improved.

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