Comment

Comment by JohnL on August 19, 2014 at 9:37pm

Interesting comment about Mercer County in Post Gazzette article,

http://powersource.post-gazette.com/powersource/companies-powersour...

Comment by JohnL on August 19, 2014 at 6:00pm

Bob, I heard over the weekend that they are flaring the McGhee well(s), but I haven't been out that way myself. I did confirm that the McCullough well has been fracked. Apparently Chevron is now trying to get ROW's to tie into the Hilcorp Pennant line. It hasn't been flared yet that I know of.

Comment by Bob Rock on August 18, 2014 at 9:56pm

Did they ever flare the Mcghee well yet?

Comment by Tracy on August 18, 2014 at 9:21pm

The fire wasn't the actual well. It was a tanker on the well site. Shouldn't affect them at all.

Comment by Bob Rock on August 18, 2014 at 9:10pm

I hope the fire doesn't affect Hilcorp much. If you guys in Mercer county don't know, Hilcorp has 3 big rigs working or being assembled in Lawrence county that I know of and heard there more rigs coming. Also have a pilot rig drilling.

Comment by JohnL on August 15, 2014 at 11:16pm

WTF- what's interesting is that Shell has retained most of their Mercer county Leases outside of extremely SE Mercer County. Must be a reason why??? Most of the Rex deal was Butler Lawrence and Beaver counties. Maybe Jim L. can/will add more.... Word has it that Chevron is planning a pad near Bend Rd which may explain some of the recent leasing activity. Still seems to conflict with the Hilcorp James well. Tonight's McGhee well fire may set Hilcorp back some...

Comment by JohnL on August 15, 2014 at 10:02pm

Hilcorp Jefferson McGhee well explosion Friday evening.

http://wkbn.com/2014/08/15/explosions-and-heavy-smoke-at-mercer-co-...

Comment by WTF on August 15, 2014 at 12:23pm

John, I don't know for sure but my guess is they are planning more wells at the McCullough site. Chevron is very quiet about their future in Mercer County. They hold more leased acreage than any other company working in Mercer County and most of their leases are held by production so they are not in any hurry to start a major drilling program. Their goal was to complete a five year exploration program which is only in their third year. I think we will have to wait at least two more years before we really know their future plans. Due to the large amount of land they have leased in Mercer and surrounding counties could have been a deciding factor to Shell in selling their leases. 

Comment by JohnL on August 13, 2014 at 8:40pm

WTF- what do you make of the recent Chevron leases (this week) in Jefferson and Lackawannock TWP's?

Comment by Trapper on August 13, 2014 at 3:08pm

WTF: precisely what I think. They knew what is here but had to verify the potential ethane supply for the cracker. Rex got a sweeeet deal in return for being a future main supplier of raw material for the cracker. I believe Hilcorp is in on the act as well. IMHO this development will only bring wealth and prosperity to us all! Exciting news!

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