Comment

Comment by Dan on August 30, 2011 at 9:15am

Word on the street is that Chesapeake is going to drill TWO wells in the area of the Jewett Sportsman's Club now. One for the permit already out, and another adjacent and east of there on State land. Big meeting out there today. Might even be on the news tonight. That's all I know right now.

Comment by Dan on August 30, 2011 at 9:08am

Attorney Mosser in Cadiz has been doing a lot of mineral title work for people. Also Bill Williams and his associates at KWGD do this kind of stuff all day long, but they are in Canton.

Comment by Hunter on August 30, 2011 at 8:46am

Can someone recommend a title examiner/lawyer in harrison county that can weed thru some old reservations involving mutiple parcels that can give a clear anwser as to what is owned in terms on oil and gas rights?

Comment by Dan on August 30, 2011 at 4:34am

Thanks, Randy.  Click here for the presentation by Rosetta Resources that is the source for the article you referenced.  It is interesting to note that Rosetta is planning to go back after supposedly fully producing their acreage and do in-fill drilling, which is drilling new lines in between their existing lines.  It seems that instead of the accepted drainage of 500' out from the well bore (giving a spacing of 1000' between well bores), they are rethinking that and believe it will only really drain half of that, so that it is worth it to go back and in-fill.

Comment by Shower Bath on August 30, 2011 at 3:16am

The link gets you to the home page. The article I referred to is at the top left (most recent post). Titled Future of well spacing in the eagle ford shale

Randy

Comment by Shower Bath on August 30, 2011 at 3:12am

Most of us don't understand well spacing, and what may be in our future. Here is a nice article regarding well spacing in the Eagle Ford Shale in Texas. Note that the Utica and Eagle Ford are very similar in strata and oil/NGL zones.

http://eaglefordshaleblog.com/2011/08/25/future-of-the-eagle-ford-s...

Randy

Comment by Shower Bath on August 30, 2011 at 1:24am

Here's an excellent article which explains why the value of your lease is much higher than has been offered to date. The wet play (all of Harrison Co) is vastly more profitable than the dry gas zones. Make sure your leases are going to compensate for all hydocarbons (Ethane, Propane, ect.) If not spelled out in the lease you could be very disappointed when you get your royalty check.

http://seekingalpha.com/article/290406-the-role-of-ngls-in-increase...

 

Randy

Comment by scott jackovitch on August 28, 2011 at 1:22pm

Thanks for the info Jim. I guess we just need to be patient and let everything develope.

Comment by Dan on August 28, 2011 at 11:01am

Mystery solved. Thanks Jim! Now the mystery is why a wetlands preserve? Is that private or State land? (I guess this is off-topic now that I know what it is, but I'm curious.)

Comment by AT on August 28, 2011 at 10:52am

Damn! And I was hoping to be able to only have to drive a couple minutes to get to the new mall!

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