I am in Liberty township and a few months ago got an offer to buy my royalties for 1500 to 1800 per acre, but they would do a more in-depth look if I was serious which "mite change the numbers" slightly....even tho I am not drilled or receiving any royalties ..talked to a landsman rite b4 I contacted them and he advised caution as there will be "significant" activity in my area in the "near future"....how about it, anybody else get an offer or hear anything or see any activity here in Tioga Co. ?
"INEOS signs agreement with ExxonMobil Chemical Limited and Shell Chemicals Europe BV to supply ethane from US shale gas from Grangemouth to the Fife Ethylene Plant in Scotland"
What's not made clear is what company(s) will supply the physical ethane. Unless they have a purchase in the works, it won't be Shell. Also, what part if any will it play in Shell's PA cracker decision?
If your lease says, upon drilling a well, the gasco can hold you by production only to the deepest point drilled, and they have only drilled to the Marcellus in, say, 2010, they cannot hold the valuable Utica layers below. If they apply for a permit to drill down to the Utica, by the crooked interpretation of the definition of HBP in Pa. they are commencing production and the lease can be continued on the deeper, more lucrative depths.
Typically the depth severance language is in the pugh clause as a addendum which trumps the standard lease language. At the end of the primary term a surrender should be requested. If there is a extension payment option they can tender that to keep the lease in effect for the undrilled depths.
Standard leases as a norm do not have a pugh clause, be it Swepi or any of the others.
No drilling permits have ever been applied for for any of the 12 pads.
Sometimes the eNotice listings have the well pad name, sometimes not. Often you just have to click on an inscrutable live link to the eFacts page to see what it's about.
What pathetic joke that all is! The 1000 pound gorilla in the room - always - is overpopulation. We worry about overheating the world in the next 100 years when really we will grossly exceed the carrying capacity of much of the land of the world in less than half of that time. No government will control hungry masses without instituting military law. Militaries will hardly think twice about invading a neighboring country to feed their own. Militaries won't run on warm sunshine and cool breezes and they know it. India bitches about developed countries such as the U. S. creating the most green house gases while their culture and religion promotes huge families. I'm glad we have an ocean between us. Politicians can preach about global warming, but Abdul is making more little Abduls as we debate, because he has got nothing better to do and his mufti says it is a good idea.
House Bill 1327
NATURAL GAS INFRASTRUCTURE DEVELOPMENT FUND
THE FOLLOWING WORDS AND PHRASES WHEN USED IN THIS SUBARTICLE
SHALL HAVE THE MEANINGS GIVEN TO THEM IN THIS SECTION UNLESS THE
CONTEXT CLEARLY INDICATES OTHERWISE:
THE COMMONWEALTH FINANCING AUTHORITY.
"MARCELLUS LEGACY FUND."
THE NATURAL GAS INFRASTRUCTURE DEVELOPMENT FUND.
THE FUND ESTABLISHED IN 58 PA.C.S.
§ 2315 (RELATING TO STATEWIDE INITIATIVES).
NATURAL GAS INFRASTRUCTURE DEVELOPMENT FUND.
THE NATURAL GAS INFRASTRUCTURE DEVELOPMENT FUND IS
ESTABLISHED IN THE STATE TREASURY.
TRANSFER OF FUNDS.
THE SUM OF $12,000,000 ALLOCATED UNDER SECTION 307(C) OF THE
ACT OF JULY 9, 2008 (1ST SP.SESS., P.L.1873, NO.1), KNOWN AS THE
ALTERNATIVE ENERGY INVESTMENT ACT, SHALL BE TRANSFERRED TO THE
FUND FOR USE BY THE AUTHORITY.
USE OF FUNDS.
GRANTS.--THE AUTHORITY SHALL USE THE FUND TO PROVIDE
GRANTS TO OBTAIN ACCESS TO NATURAL GAS TO ANY OF THE FOLLOWING:
(3) ECONOMIC DEVELOPMENT ORGANIZATIONS.
(6) SCHOOL DISTRICTS.
ELIGIBLE USES.--GRANTS AWARDED UNDER THIS SECTION MAY BE
USED FOR PROJECTS WHICH EXPAND ACCESS TO NATURAL GAS
INFRASTRUCTURE, INCLUDING COSTS ASSOCIATED WITH LIMITING
ENVIRONMENTAL IMPACTS AND PROTECTING PUBLIC LANDS.
GUIDELINES.--THE AUTHORITY SHALL DEVELOP GUIDELINES FOR
(1) SELECTING ELIGIBLE PROJECTS TO RECEIVE GRANTS.
(2) USE OF MONEY BY APPLICANTS THAT RECEIVE GRANTS.
AMOUNT OF GRANT.
THE AUTHORITY MAY PROVIDE A GRANT FOR NOT MORE THAN THE
LESSER OF: (1) 50% OF THE COST OF A PROJECT; OR
GUIDELINES FOR APPLICATIONS.
THE AUTHORITY SHALL:
DEVELOP GUIDELINES FOR SUBMITTING APPLICATIONS FOR A
GIVE PRIORITY TO APPLICATIONS THAT WILL RESULT IN
ADJOINING RESIDENTIAL AND NONRESIDENTIAL PROPERTIES OBTAINING
According to a DEP SPUD report for 2015 to date, no O/G well has been started in Delmar Twp by any operator.
I had just searched on wells started (spud) in Delmar. Afaik, there is no free-to-public DEP (or DCNR) report on well completions. There is the FracFocus.org fracking report site. That shows Shell started/finished fracking these wells so far in 2015. Note that there can be a lag of a month or so.
Pennsylvania -Tioga - Shell Oil Company affiliate
37-117-21706-00-00 12/18/2014 1/5/2015 Shughart 490 5H
37-117-20724-00-00 2/1/2015 2/1/2015 Davis 829-1V
37-117-21724-00-00 2/25/2015 3/14/2015 CRUTTENDEN 846S-22H
37-117-21725-00-00 2/26/2015 3/13/2015 CRUTTENDEN 846S-24H
37-117-21748-00-00 5/17/2015 5/17/2015 Lopatofsky 287-23H_ST01
37-117-21760-00-00 7/21/2015 8/5/2015 Kreitzer 505-21H