For the exchange of information on the gas and oil play in Morgan County. Did any one else realize that MoCo is the Spanish word for 'snot'?
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Latest Activity: Aug 10, 2023
Started by Cheyenne. Last reply by Jeff Vogel Feb 22, 2018. 7 Replies 0 Likes
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Comment
Chesapeake released their production numbers for the Ohio Utica Play this morning. Looks good.
http://www.chk.com/News/Articles/Pages/1610725.aspx
Randy
Does anyone keep track of landowner groups that are forming? I am interested in one for the Windsor/Meigs Township are or for the entire county. Does the County Extension Agent track this activity?
Here is a website on the Utica Shale Play that you might want to mark as a favorite and check back on as time permits.
http://shale.typepad.com/utica_shale/
Randy
Here is an excellent article on Ohio's Utica Shale Play and the O&G companies that are involved. Best....
http://seekingalpha.com/article/292408-utica-shale-oil-play-update
Randy
Petroleum Development Company (PDC) entered the Ohio Utica Shale Play with the purchase of 30,000 acres, some in Morgaan.
http://www.msnbc.msn.com/id/44423112
Randy
Gentlemen,
I attended a land owner's meeting in Waterford, Ohio (Washington County) last night. A represenative of the "Ohio Land Company" was there acting as a land broker. While he didn't directly confirm it, he mentioned in passing that he was representing Devon Energy in this area. He did say that Devon Energy was opening him a land office in Marietta, OH. They were very much interested in all parts of Washington County and Morgan Counties both, however at this time they were strictly leasing in Adams and Waterford townships. I'm guessing they are starting leasing in these immediate townships because a large Texas Eastern transmission lines runs directly through both townships. The land company was offering $1250/acre with a 90 day term to market your lease to I assume Devon Energy. At the end of that 90 days they had to either have a lease ready for you or forfeit your agreement. I thought a 90 day term was very resonable. My understanding after speaking to the gentlemen was that Devon Energy had first right or refusal on any tract that he picked up in the area.
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