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Are these numbers from the original drilling about a year ago, when they capped the well or have they fracked it & begun producing?
Who is the producer?
Hadley well & Chesapeak
Initial production rates really only reliably indicate you didn't hit a dry hole. The better indicator for long term production is the characteristics of sustained production and what the data reflects in the degradation of production over those periods of time.
What I am interested in is the Hadley well in production or is it still capped?
Sorry, I have been deer hunting. Hadley 8H has been fraced, but has not been connected to the main transmission line.
Thanks. We don't live in the area, so we really appreciate on the ground info.
It is easy to see why Antero would not be willing to include landowners in Pleasants and western Richie Counties in a Marcellus only lease. According to this map, these areas are outside of the natural gas and NGL's productive area. This being the case, why were we (the members of the Group) never informed of the reason those people were excluded? If Mr Millison had known this, I don't think he would have organized the 5 Star Landowners Group.
http://gomarcellusshale.com/forum/topics/royalties-finally
You think the percentage is the only important thing in the royalty language in your lease? Check out the link above. If your lease gives you 20%, you may receive 13% after deductions. For every $100 you would receive for 20% and 'no deductions', you would receive $65 if your lease does not have a 'no deductions' clause. If your lease gives you 15%, after deductions you could receive 9.75%
http://gomarcellusshale.com/group/bradford_county_marcellus/forum/t...
Here's another link.
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