All things pertaining to leasing, drilling and production in Mercer County.
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Latest Activity: Oct 25, 2020
Started by Bob Rock. Last reply by Bob Rock Oct 25, 2020. 3 Replies 0 Likes
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To add to Bob Rock's comments... The Swepi Palmer well was drilled and then walked away from, but Swepi is busy on the Mills pad which happens to be right behind my plant on Rt. 358, just a half mile east of Camp Perry. Maybe Guy Shannon will drop by and let us know what's going on at his place. I think Halcon is broke and waiting for proceeds from their north Texas leasehold sale and/or a midstream JV partner before they do much more drilling or pipeline work in Mercer or Venango. Just mho.
Anyone else attending the Supply Chain Basics seminar tomorrow at Crosscreek Resort in Titusville?
Chevron Mcculough well in jefferson twp. started, Hilcorp Radkowski started in sheango twp,Hilcorp applied for stormwater permit for miller in pymatuning twp.
There must be something going on in Mercer County!
Halcon is trying to buy a pipeline right-of-way through Lake Twp, Sandy Lake Twp and others for $20 a foot. The very people that Halcon screwed out of the so-called guaranteed lease about one year ago are being asked to allow Halcon to put a pipeline through their land. Evidently their well in Polk is a good producer and they need a way to pipe the product west to the TGP
Hello, I am looking to sell our mineral rights in Mercer County. Anyone know what is the going rate? Recent offers?
Thanks
James, Hard to say without seeing exact location and who owns what around it or the availability of pipelines and/or other nearby pads. But I would say that Hilcorp seems to be concentrating along the Ohio/Pa border and Chevron is currently working a new well just south of Mercer so I would say that Chevron is most likely.
However, they could swap leases or do a joint venture. The one thing that is for sure is that these companies are unpredictable.
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