Replies to This Discussion

LandownerPermalink Reply by Hunter on March 23, 2011 at 3:08pm

I saw that today also and thought the same thing.

LandownerPermalink Reply by Paul Martinelli on April 1, 2011 at 10:36am

Thanks Jack.....

 

I'll fuel up the dozer and start cleaaring a pad!

LandownerPermalink Reply by Hunter on April 1, 2011 at 12:12pm

Have you seen any data on harrison county?

LandownerPermalink Reply by Paul Martinelli on April 1, 2011 at 2:54pm

no.....odnr  just had this one Analysis...Tusc.  I wonder what the significance of that is :)

 

 

Oil/Gas ProPermalink Reply by John H on May 13, 2011 at 6:01pm

I can tell you almost anything you want to know about this report. The Pt. Pleasant is now being thought of as a companion formation along with the Utica Shale, similar to the overlapping shale, limestone, and sandstone found in the Bakken play now going on in the Dakotas. It is showing you the thickness of each formation along with the TOC (total organic compound) of each. A TOC of 2 or above is promising with regard to the formation of petrocarbons. Of course, it must be "cooked" at the right temperature or it will be either ruined by too much thermal maturity or it will be too immature to produce. Kerogen is a term which refers to the chemical make-up of the formation similar to its DNA. Type 1 kerogen is developed from the decomposition of ancient algae (primarily) and is most conducive for the production of oil or LNG's (liquid natural gas such as propane or butane, which is trading at a big premium to dry gas). Knowing how to decipher this material regarding formation thickness, TOC levels, thermal maturity, kerogen content, etc. are the key elements to understand, along with the ductility of the formation (will it break or bend) and the economics regarding how deep you have to drill and the amount of money expended to drill a horizontal well and frack it. I actually have a report specifically designed for this Ohio "play" which I have been updating constantly for almost a year now. The geology, the economics, and the political climate are all addressed as to how they impact this project, positively and negatively. If this did not adequately address your questions, inquire again and I will see what I can share with you.

LandownerPermalink Reply by Hunter on May 14, 2011 at 12:55am

Mr Howard,

 

Can you post your report? or highlight some of the positives and negatives of eastern ohio play. Thanks

Oil/Gas ProPermalink Reply by John H on May 14, 2011 at 5:33pm

Hunter,

I am flattered that you would like to view my report, but it is about 75 pages long including exhibits. I don't want to say it's the bible of the Utica Shale in Ohio, but let's just say its kinda like the Encyclopedia Brittannica. If you have specific questions, I can post sections regarding such, if that would be helpful. I have several hundred hours invested in this...am considering publishing it. By the way, this play is not restricted to Eastern Ohio. It goes much further west than most people think. They just haven't moved that far that fast yet. These wells are expensive as hell to drill, once you go horizontal and frack them, but if initial tests are promising, and I think they will be, the play will continue. Generally speaking, the further west you go, the further you are from what little proven Utica production there is, so don't expect prices to be exceptionally high once they get there. As to the Tuscarwas Co. report, it was just one of many that could have been used as an example from any well drilled deep enough to gather core samples from the Utica or Pt. Pleasant. Best wishes...