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. ?
The "Other Side of the Story" (maybe)
Shell plans to expand drilling in Pa.’s Tioga County (June 21, 2018)
If you are interested in what else Shell is doing worldwide there is a search box on the above linked page...enter "Shell"
Shell Utica Tioga are awfully expensive one would think compared to a Marcellus 30 miles or so to the East .........
Old Timer, No doubt that many of us need a few day of rest in the state hospital....
Ah, Not you or me of course!
I always go back and reread postings. And usually gather a bit more understanding each time too.
Looks like Painter 2 is gonna be a real winner.
Didn't you say or suggest that the next to have a drill pad 1n 2019 will be west and adjacent of Painter unit? I have not quite figured out just how wide these units are yet.
SWEPI's stated position is that they have no funds for FY 2019, and cannot project beyond that. They indicated that they are not leaving, and that they have activity going on, specifically at the Houck, and plans for the Cruttenden IF and when the legal issues with the neighbor/restraining order can be resolved.
Hi Deb, Do you know what they have going on at Houck?
Please excuse my ignorance- what is the location of the Marshlands Unit, and what is it about that area that would make Shell want to unload it?
Dual question....for OT,
Is it possible that the GIP estimates for Tioga Co, was (maybe severely) overblown back in the day? If so, I could see where some players would just want to walk away....take their losses and run.
OT and Jack,
Is there a potential scenario where Shell elects to mothball production (shut down) in Tioga Co and wait for prices to stabilize at a higher price., say until 2021 or longer out?
What makes Shell a "High Cost of Drilling" Company? Why do they choose to be that?