This group is for all things related to oil and gas development and leasing in Ashtabula County.
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Latest Activity: Oct 20, 2025
Started by Joseph-Ohio. Last reply by Joseph-Ohio Dec 20, 2015. 6 Replies 0 Likes
Started by landlubber. Last reply by Joseph-Ohio Dec 8, 2015. 21 Replies 0 Likes
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Started by Joseph-Ohio. Last reply by Joseph-Ohio Oct 31, 2015. 8 Replies 0 Likes
Started by james mcmeechan. Last reply by Joseph-Ohio Oct 25, 2015. 4 Replies 0 Likes
Started by Joseph-Ohio. Last reply by Joseph-Ohio Nov 27, 2014. 6 Replies 0 Likes
Comment
Comment by Joseph-Ohio on July 31, 2013 at 3:28am Marcus,
Thank you for your input.
I feel obliged to comment; but, only as a very interested landowner without benefit of analytical tools / departments filled with many and many types of analysts etc.
Seems to me we've seen a movie like this before in the not too distant past.
Smacks of Chesapeake behaviors.
Looks a lot like 'Bubble Building' to me.
If development is needed to prove and generate income and infrastructure to handle mass volumes of production is lacking - then why do the big players always seem to concentrate on everything but infrastructure ?
After they finish 'building out' their overhead base and try to sell it / generate interest in Joint Ventures, etc.; there's no one willing to buy their unproven / non-producing business base.
Even frustrating to witness.
What do you think ?
Comment by Susan Johnson on July 31, 2013 at 3:15am Is there any recent seismic or other types of land testing that indicate how good or how bad the potential is for deep shale drilling in western Trumbull and Ashtabula? Whatever happened to the well drilled in Parkman?
Comment by Joseph-Ohio on July 31, 2013 at 2:48am @ Susan Johnson,
All very good questions - standing by for any information anyone has on these subjects.
What kind of 'build out' does Halcon want to do (before it sells ?) ?
How about BP acreage sales ? Any validity in that or is it just rumored ? Yes or no and if yes where ?
Comment by Susan Johnson on July 31, 2013 at 2:41am Marcus - what do you mean specifically regarding more build out for Halcon? Will they be doing any drilling west of where they are now which I think is on the OH/PA border area.
Comment by Susan Johnson on July 25, 2013 at 8:11am If Halcon stopped drilling this year, does that mean they are going to sell off what they have in counties they have acreage in but have not drilled? Where would BP be selling its acreage?
Comment by Joseph-Ohio on July 25, 2013 at 8:09am I heard BP is selling it's acreage.
I heard Halcon has stopped drilling this year.
Any confirmation on any of that ?
Comment by Joseph-Ohio on July 25, 2013 at 8:03am Quiet.
Riiiiiiiiiiiiight.
Quiet.
Comment by B-Man on July 25, 2013 at 7:55am Bueller! Bueller! Bueller!
Sure is quiet in the Ashtabula County Forum
Attention Landowners: If you are interested in joining a local landowners group, we invite you to join us at www.eg-land.org EGL/Eastern Geauga Landowners
Comment by Joseph-Ohio on June 14, 2013 at 1:10am Thanks markkot.
Standing by for any info.
Jeff replied to Petroleum Attorney 1976's discussion 'FYI- Mineral Owners in the State of Ohio (Utica Shale area's)'
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