Comment

Comment by WTF on March 1, 2014 at 6:10am

Gas heir, You are right it doesn't make sense. Is it possible this is connected to Halcon pulling out of the Utica play?? Halcon drilled a Yoder well in West Salem Twp. Mercer County. 

Comment by JohnL on March 1, 2014 at 5:07am

Deer Spotter- I got to thinking after I posted this that these were 2 different projects based on the timeline start date of 2015 and work is already underway in Mercer. 219 seems to be getting a lot of press lately which as you said bodes well for this area.

jl

Comment by Gas heir on March 1, 2014 at 4:09am

http://www.ahs.dep.pa.gov/eFACTSWeb/searchResults_singleAuth.aspx?A...

This permit doesn't make sense. Pad is in bradford county and mercer county? I'm hoping they just mixed up 2 yoder pads. I don't want Chesapeake in mercer county!

Comment by deer spotter on March 1, 2014 at 2:26am

John: There are two separate projects National Fuel has with TGP. The sta.219 project is for the expansion of NFG line N. Line N interconnects to Texas Eastern in southwestern PA. The Niagara project will send gas to Canada. These project speak well for this area. NFG is very wise on spending money and not just throwing money around.

Comment by JohnL on March 1, 2014 at 2:04am

Did anyone read the Public Notice from Tennessee Gas in Friday's Herald? Here's more information on the work going on at the National Fuel property next to TGP station 219.

jl
http://www.kindermorgan.com/business/gas_pipelines/east/Niagara/

Comment by JREwing on February 28, 2014 at 2:05am

"If they leave it will not be good for the landowners that leased with them. No wells no money."

Oh, on the contrary!  It would be the best thing that could happen to Mercer County landowners!  Halcon has no cash, is in debt up to their eyeballs and has no plans to develop their acreage!  It would be a blessing if Hilcorp, Swepi or Chevron was assigned those leases!  The sooner, the better!  They have the budgets to develop and drill!

Comment by Elnathan Cory on February 27, 2014 at 4:28pm

They have a lot of leases in Mercer county. If they leave it will not be good for the landowners that leased with them. No wells no money. On the other hand they (landowners) can renew with more progressive companies or maybe the leases will be sold. Halcon is private and might very well be taken over.

Comment by JREwing on February 27, 2014 at 5:24am

Just finished listening to Halcon's Conference Call with "In Floyd We Trust" Wilson.  They are clearly distancing themselves from the Utica.  No near term plans for further exploration or development and none of their leaseholds expire soon, so they can be patient determining their disposition.  They even went so far as to move the Utica from the "Core" plays to the "Non-Core" plays tab on their website and removed the "Utica/Point Pleasant" graphic from the map on their home page.   Zero CapX budget for the Utica in 2014.  I'd say they were done in the Utica.  In summary, it was more what Floyd didn't say than what he said about the Utica that makes me think Halcon is packing their bags.  I, for one, will not miss them.  lol

Comment by Bob Rock on February 24, 2014 at 7:50pm

I believe the Pennant line is running across the top of the hill thru the James property instead of bottom like Tennessee line runs.

Comment by Jim Litwinowicz on February 24, 2014 at 2:38pm

Mr Ewing;  from looking at the maps, the Blue Racer line runs through the township. Perhaps there will be a processing/separator along the line and the gascos are running their lines to that plant and will tie into the BR there.

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