Comment

Comment by Greg K on September 12, 2013 at 3:50am

Beekmantown is pinpoint drilling, to a sort of underground dome, they usually do extensive seismic before going after it. no horizontal that i know of.

Comment by Greg K on September 12, 2013 at 2:26am

Kastle and Enervest are after Beakmantown in Crawford County

Comment by Jim on September 12, 2013 at 1:50am

Is there anybody interested in Beaver Center? Some company came by a couple years ago and did seismic work on Lockwood Rd. We haven't heard anything since.

Comment by james on September 12, 2013 at 12:43am

Is that the Ernst that owns the seed company?

Comment by Edward Sekerak on September 11, 2013 at 5:41pm

"Who's Calvin"? I would assume Calvin Ernst.

Comment by sldouglass on September 11, 2013 at 2:55pm

Nice site Chip.  It's amazing what you can find when you look for what the producers are telling their investors.  One gets the impression that producer's costs, including land acquisition costs, are low in this area - maybe compared with Texas and Oklahoma where folks are a little more knowledgeable about O&G.

Comment by sldouglass on September 11, 2013 at 2:34pm

Of interest is the following presentation by a geologist using 
Range slides.

http://ww.searchanddiscovery.net/documents/2012/50738vanmeter/ndx_v...

There is potential in the upper strata, the Upper Devonian Shale etc., [above the Utica and Marcellus] for production but if the material is accurate, it does not look exciting for NW PA.  I have heard in one company's presentation that it is not just shales that have potential for production.

Comment by sldouglass on September 11, 2013 at 2:23pm

The fact that one company holds enough leases to control an area limits the market for you to lease your property, but the market is probably pretty limited anyway.  Occasionally there is competition for areas.

BUT - IF YOU CAN WAIT AND DO NOT NEED IMMEDIATE CASH, at some point the producer will need you if you have un-leased property and your bargaining position will be strong.  Unfortunately, there could be a very long wait before you can begin that poker game - perhaps for 100 years or more but hopefully a little sooner.  Where there is lease activity and not much sign of drilling I would guess there are middle men picking up pieces expecting to sell at a profit to the producer in control of the area.  Landowner's should try to get that profit for themselves.

Comment by Berk on September 11, 2013 at 2:08pm

Who's Calvin?  

Comment by Berk on September 10, 2013 at 2:59pm

Greenwood twp; Lake Rd. 

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