Comment

Comment by Al Cramblett on January 27, 2018 at 8:16am

Shower Bath, You're the one who has been doing most of the "heavy lifting" on this site for some time.  I commend you for your posts!  

I just checked the price of crude which is now north of $66 a barrel.  My royalty payments have more than doubled over the past 3 months. I believe the price of oil will continue to increase to $80 at which point there will be resistance. The impending Saudi Arabia IPO is the major dynamic controlling  oil prices currently.

Comment by Shower Bath on January 27, 2018 at 5:35am

Here's a recent article from eia on the Utica and Marcellus:

https://www.eia.gov/todayinenergy/detail.php?id=34692

Comment by Josh on December 19, 2017 at 1:15pm

That is a substantial increase in nat gas production.  Also Shower I think you are spot on with your prediction 2 years ago as they are suppose to be drilling two wells in our area this year upcoming year as wti rises near $60 mark

Comment by Shower Bath on December 19, 2017 at 1:06pm

The Ohio DNR posted the 3rd qtr. production results.

http://oilandgas.ohiodnr.gov

Comment by Shower Bath on September 23, 2016 at 11:38am

Here's a link you might find interesting. Most all of the drilling has moved south to Belmont and Monroe counties where the dry gas sweet spot is. I don't look to see a return to Harrison Co. until oil prices move to the $60-$70 range or until the Cracker plants are built to handle the ethane.

www.eia.gov/todayinenergy/detail.cfm?id=28072

Comment by Shower Bath on June 18, 2016 at 3:08am

The Ohio DNR has posted the 1st qtr. 2016 production report. See the link, click on shale tab and then well production tab.

http://oilandgas.ohiodnr.gov/?

Comment by Peter Schueler on June 1, 2016 at 9:51am

Josh, I and two other neighbors with the same CHK lease received the second bonus Christmas Eve or more than three months before it was due.in April. There was no prior notice or contact from CHK. The early timing may have been motivated by tax reasons but that's only a guess.

It was a most pleasant surprise last Christmas but having heard all the terrible stories about CHK shorting royalty payments I'm hopeful they sell my lease to a more honest producer. 

Comment by Randy on June 1, 2016 at 9:50am

Josh,

We are in Stock, next to Archer, about middle of the twp.  Lease w chk  5 yr period expires this coming October.  Haven't heard anything from them and actually do not until we get much closer to the lease renewal date.  Will reach out to you if/when we do. 

Comment by Josh on June 1, 2016 at 7:07am

Peter, thanks for the info as we are not that far away from each other.  Did they wait until the last day? Or did CHK contact you before lease was up? Just curious

Comment by Peter Schueler on May 31, 2016 at 4:50am

I have chk lease, five year primary term expired in April, that was extended three years for the same $/acre as the primary term. I'm located in the northwest corner of Nottingham Twp. Some of my neighbors have leases with Gulfport and Ascent that are being extended.

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