Comment

Comment by Bob Rock on September 4, 2015 at 2:51pm

Hilcorp signed to  Chevron something today like 18 pages  roughly.  JRWwing will have to decipher it for us in few days when its not incomplete.  thanks JRE.

Comment by JohnL on August 15, 2015 at 7:21am

The rig moved to the Wengerd pad. Supposedly 11 more pilot holes were drilled there.

Comment by RKB on August 14, 2015 at 1:36pm

Hilcorp is fracking the james wells now the rig is gone someplace else looking like it really may be 3 years till it heats up again

Comment by Bob Rock on July 3, 2015 at 1:10pm

Hilcorp is fracking the Christiania well in Pulaski. Pretty quiet others wise.

Comment by JohnL on July 2, 2015 at 1:38pm

Bob, I'm not aware of either happening in Mercer County. The only activity is in Lackawannock TWP and maybe Pulaski area. There's still some leasing going on with Hilcorp/Chevron.

Comment by Bob Rock on July 2, 2015 at 12:39pm

Any pads being built?

Comment by Bob Rock on July 1, 2015 at 1:31pm

Any pipeline going into the ground anywhere?

Comment by JohnL on June 20, 2015 at 3:45pm

Kinder Morgan April 15th quarterly report mentioned the following.

Work on TGP’s fully subscribed 500,000 Dth/d Utica Backhaul Project is nearing completion, with final modifications to compressor stations on the TGP Line 500 system and pipeline upgrading slated to be completed by the third quarter of 2015. Initial capacity sales began April 1, 2014. The project provides firm transportation service for Marcellus and Utica production from receipt points as far north as Mercer, Pennsylvania, for delivery to multiple Gulf Coast delivery points. The estimated capital expenditure for the project is approximately $203 million.

Comment by Bob Rock on June 13, 2015 at 6:42am

Thanks for info JREwing

Comment by Jim Litwinowicz on June 11, 2015 at 1:44am

1.4B for a 20% interest values the leasehold at 7B.   If this is a corrected recording from 2014, I am assuming that this is figured at 2014 nat gas prices which were a bit higher than current.

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