From Range's 3rd qt report; "In addition to Marcellus drilling, the division drilled and successfully completed the industry's first wet Utica test in northwestern Pennsylvania where the Company has 190,000 net acres of leasehold. The well is currently shut in waiting testing. A second wet Utica test is scheduled to spud in the fourth quarter."
From same report; "Range's second Upper Devonian super-rich well continued to clean-up following our August announcement and ultimately had a peak 24-hour rate of 552 barrels per day of liquids (172 barrels of condensate and 380 barrels of NGLs) and 4.7 Mmcf per day of gas, or 8.0 (6.8 net) Mmcfe per day. With ethane recovery, the well would have tested at 998 barrels per day of liquids (172 barrels of condensate and 826 barrels of NGLs) and 4.0 Mmcf per day of gas, or 10.0 (8.5 net) Mmcfe per day."
Its unclear of well's location but I think it is in SW PA. This means there is another strata that may have great potential to be developed with horizontal drilling.
Anybody know how Paragon Resources, LLC was able to purchase two of the properties(98 acres) in the current Allam 1H well unit(the pad sits on one) and one(20 acres) that is right next to the current Rainbow 1H well unit for a song? Check Venango Parcel Viewer. Deeds recorded in November in Venango Co. I drive past the Allam well all the time and never saw a FOR SALE sign... lol If that property had been mine, I would have asked 5 times what was paid for it at least.
Does anyone know who Paragon Resources, LLC is? Who are its principals? Mr. Huwar is an attorney from Clarion County and apparently he acted as a straw party / intermediary in at least one of the transactions involving Mrs. Allam. I wonder and hope that she had her own attorney advising her on this. If not, it may well be that she was taken advantage of. I believe she is in her late nineties. It would appear to me that Paragon got a "steal" and paid no where near fair market value. Hopefully Mr. Huwar wasn't representing both parties in thie transaction. By both parties, I am referring to Ms. Allam and Paragon. If he was representing both parties, it is unfortunate. One need only be reminded of the The Holy Bible and the passage stating that one cannot serve two masters without serving one preferentially. ( I am paraphrasing, and not quoting the exact words of scripture which state the principal far more eloquently). I concede that there might be some special circumstances that made the deal attractive to Ms. Allam, but it appears she did not receive fair market value for her property. If others disagree, I would welcome their posts on the subject. I note that Mr. Huwar's webpage suggests he is associated with CX-Energy but it does not seem that they were involved in these transactions. Flushing out the true individuals involved with Paragon Resources, LLC might clarify some parts of the mystery.
I hope for Ms. Allam's sake that there were some special circumstances that make these transactions appropriate. If not the legal ethics involved in these transactions appear at best questionable. On the surface the transactions have a nasty smell to them.Maybe the local newspaper might look into this, if they have any good reporters?. I am sure Mr. Huwar has a good explanation. After all he is a licensed attorney and is presumably of high moral character.
Sam, as your are aware, Mrs. Allam is quite elderly and therefore would likely have no need for future income from royalties, however, one would think an arm's length transaction would have netted her significantly more sales proceeds. Fishy smelling indeed, at least at face value...
This site still remains deader than a dead cat. Surely someone in Venango County has some news to report. If not news, how about some rumours or even speculations. Why did Vista file applications for 80 drilling permits in Venango, all of them since November 1, 2012. Check e-facts, if you don't believe me.
Mark: I imagine that the permits are scattered all over. I, as you know am computer illiterate. I searched O&G permits on e-facts for the year 2012. I did not search by township. I could search each of the approximately 30 townships for the same period which would give the number of permits issued or pending in each township, but would not tell you the exact location. I may do this but suspect you may have an easier way! Have they started fracking the Allam well? Vista is a private company that has been drilling vertical wells in northwestern Pennsylvania for years. Their logbooks, well locations, geological studies would be very valuable. I wonder if they might not g
Drove by the Allam well Tuesday. The rig is still up but I think it is in a different position so I am guessing they are drilling another well on the same pad. The SCCC site hasn't changed-signs up stating it is a Halcon site with lots of warnings but no site work has started yet. The Rainbow well pad is complete with road in and stone down. No working being done.....probably waiting for the to finish at the Allam site.
I will post something so Sam will stop talking about dead cats. The Allam well is still being drilled and the rig was not moved. According to my sources, some part of the drilling apparatus broke and they had to pull the drill and fish a part out of the well. Set them way back time-wise. According to the same source, the Rainbow well will not be drilled until next spring, after results of the Allam well are known. At the rate the Allam well is progressing, testing may not occur now until April...
Does anyone know anything about the Sandy Creek conservancy well? Will it be drilled after the Rainbow well? How many laterals are they drilling per site? Are they drilling the Utica?
Someone needs to get down to the Allam well and do a little sweet talking. Might find out the new estimated completion date. Might also find out how long the fracking is likely to take? Somebody give these well drillers a little tende loving care. Might require some one of the female gender as they might do better at getting information! Probably someone will accuse me of being sexist with that last remark!
Any news on the Allam well? Has Halcon possibly screwed up the well or has the problem referred to by J.R. Ewing in a post below been solved?? Sounds like mayve they lost a bit?? Any engineers out there to know what this might mean? (This site is deader than a dead cat!!)
See Mercer County Comment wall. Apparently a rig has been dismantled and is moving somewhere. There were posts suggesting it may have been the rig from the Allam well? If so, where is it going? I would not think it would be to Rainbow site. My info has been that Rainbow would be drilled in April at the earliest, and then only if results from Allam well were good. My last info on Allam was that they had a problem and perhaps may have lost a bit in the bore hole?. Maybe some of you have info. Verifying whether or not rig is still on Allam site or has been dismantled would be helpful information!
Sam, the rig was being moved out on wed. from the Allam well, It was heading towards sandy lake, assuming it was going to jamestown site or greenville site?
Did they finish drilling and move on to the next site? That is what is sounds like. Range has a plans for utica wells in Venango in 2013. Chevron and Seneca also active. Check out the press release from National Fuel on Forest County well which is very cluse. Hopefully, Shell will drill in Venango soon.Gas prices hopefully will continue to rise. Everything looks good for Venango.
Not sure what to make of the obvious omittance of the SCC Glista and Rainbow wells around Polk on pages 25 & 26. Seems particularly odd considering that the access road and well pad are completed for the Rainbow well. It's just waiting for a rig to come in a drill... Any thoughts or speculation?
Sam, was the Allam well completed or did they have trouble drilling the well. Previous posts suggested that the drill steal may have been stuck in the well. This could have caused them to loose the well.
@Mark, there is another smaller rig on the pad now. It was moved in in the early morning hours before daylight on Sunday morning. I don't understand enough about the drilling process or what can go wrong to speculate about what they're doing with it though.
When the fracking job gets going there should be a whole lot of box trucks on the site and more activity on site than at any other time. There will likely also be loads of tankers coming to and from the site. Tankers may be hauling water or other substances. If oil produced, one would expect it to be transported from site by tankers. IMHO and subject to correction and amendments by people with more knowledge.
Desko well from my recollection is in Richland Twp. I hope my memory serves me well on this.The well has not been drilled as yet. Halcon now seems to be concentrating efforts in NW Mercer County and SW Crawford County where geology is thought to be better.
JR, I think different rigs are used to drill the vertical and then to drill the horizontal part of the well. The new rig on the property may be the horizontal drilling.
Since Sam keeps calling for info, here is what I know. Prior to fracking at Allam, a water tank will be built on the site with a similar one built at Rainbow. There will be a temporary water line which will connect the two. I do not know how far along the tank building process is. (They were moving a trailer type office down there earlier this week.) The water pipeline is currently progressing. You can see it going under Valley Road at the junction of Rainbow and down the side of Rainbow and up into the woods on the other side of valley. Some days it progresses a lot and some days a little. It will be hung onto the bridge on Rainbow Rd in order to get over the creek, but since the bridge is out...well, who knows that time frame. Their original time frame was to construct the water line, use to frack Allam, then use to frack Rainbow and take it away in about 12 months.
Thanks to Berk for posting that report. Page 20 echoes what I'd already seen going on and learned from others, infrastructure needs are the limiting factors right now.
The temporary bridge is back in place and the water line is ready to go. Tanker trucks will be hauling water starting this afternoon. Projected Allam frack start date is next Thursday if all goes according to plan.
Debbie, Sam is calling you too? And here I thought I was his one and only source...<sniff> <sniff> lol
Thanks for the info on the Allam and Rainbow wells. Does anyone have any info on the sandy creek conservancy well? I haven't seen any site preparation, just signs up. Thanks
Frack water trucks have been hauling water to both the Allam and Rainbow well sites around the clock since Friday. Rainbow and Valley roads are taking a severe beating. Graders and rollers have been on call around the clock to keep the roads passable.
See the thread under General Discussions entitled "M&P Being Sued". Read the entire thread and you may learn a great deal. Please pay special attention to comments by James Brink, Esq. and those by Shale Advice. A number of others are also potentially helpful.
I know there's probably only a few people here who really care, but according to my sources, the Allam well on Valley road is now being fracked. Plus I'm trying to keep Sam from posting the dead cat thing again. lol
WARNING: To all Venango County landowners who may be considering signing a marketing agreement with M&P / CX. Before doing so, please obtain answers about how they explain the difference in the Payment Orders involving M&P / CX's Mount Jackson 4 group in Mercer County. You will understand if you read page 27 of the thread entitled M&P BEING SUED found under general discussions. For the varying payment orders see page 16 and 27 of thread. For M&P / CX's marketing agreement, a copy of the landowners' class action against Halcon and Halcon's amended answer see page 18 of same thread. The payment orders on page 16 and 27 should raise questions. Note the word GEOLOGY appears in the one and not in the other!! There may be a perfectly reasonable explanation for the difference and I have challenged them to provide that answer on the above mentioned thread!
To all landowners considering joining the M&P/Cx Venango landowner group, please attend our next meeting at the Rockland Township Firehall at 7 PM on March 26th. You can ask all the questions you want and everyone is welcome at this meeting. This meeting will be preceded by a members-only update meeting at 6 PM
Jim Litwinowicz
From Range's 3rd qt report; "In addition to Marcellus drilling, the division drilled and successfully completed the industry's first wet Utica test in northwestern Pennsylvania where the Company has 190,000 net acres of leasehold. The well is currently shut in waiting testing. A second wet Utica test is scheduled to spud in the fourth quarter."
Oct 24, 2012
JREwing
If the amount of noise coming from the site is an indicator, then drilling is underway on the Allam 1H well.
Oct 25, 2012
Jim Litwinowicz
From same report; "Range's second Upper Devonian super-rich well continued to clean-up following our August announcement and ultimately had a peak 24-hour rate of 552 barrels per day of liquids (172 barrels of condensate and 380 barrels of NGLs) and 4.7 Mmcf per day of gas, or 8.0 (6.8 net) Mmcfe per day. With ethane recovery, the well would have tested at 998 barrels per day of liquids (172 barrels of condensate and 826 barrels of NGLs) and 4.0 Mmcf per day of gas, or 10.0 (8.5 net) Mmcfe per day."
Its unclear of well's location but I think it is in SW PA. This means there is another strata that may have great potential to be developed with horizontal drilling.
http://www.marketwatch.com/story/range-announces-third-quarter-2012...
Oct 26, 2012
Samuel J. Orr
This website is deader than a dead cat!
Nov 26, 2012
JREwing
Anybody know how Paragon Resources, LLC was able to purchase two of the properties(98 acres) in the current Allam 1H well unit(the pad sits on one) and one(20 acres) that is right next to the current Rainbow 1H well unit for a song? Check Venango Parcel Viewer. Deeds recorded in November in Venango Co. I drive past the Allam well all the time and never saw a FOR SALE sign... lol If that property had been mine, I would have asked 5 times what was paid for it at least.
Dec 5, 2012
Samuel J. Orr
Does anyone know who Paragon Resources, LLC is? Who are its principals? Mr. Huwar is an attorney from Clarion County and apparently he acted as a straw party / intermediary in at least one of the transactions involving Mrs. Allam. I wonder and hope that she had her own attorney advising her on this. If not, it may well be that she was taken advantage of. I believe she is in her late nineties. It would appear to me that Paragon got a "steal" and paid no where near fair market value. Hopefully Mr. Huwar wasn't representing both parties in thie transaction. By both parties, I am referring to Ms. Allam and Paragon. If he was representing both parties, it is unfortunate. One need only be reminded of the The Holy Bible and the passage stating that one cannot serve two masters without serving one preferentially. ( I am paraphrasing, and not quoting the exact words of scripture which state the principal far more eloquently). I concede that there might be some special circumstances that made the deal attractive to Ms. Allam, but it appears she did not receive fair market value for her property. If others disagree, I would welcome their posts on the subject. I note that Mr. Huwar's webpage suggests he is associated with CX-Energy but it does not seem that they were involved in these transactions. Flushing out the true individuals involved with Paragon Resources, LLC might clarify some parts of the mystery.
Dec 5, 2012
Samuel J. Orr
I hope for Ms. Allam's sake that there were some special circumstances that make these transactions appropriate. If not the legal ethics involved in these transactions appear at best questionable. On the surface the transactions have a nasty smell to them.Maybe the local newspaper might look into this, if they have any good reporters?. I am sure Mr. Huwar has a good explanation. After all he is a licensed attorney and is presumably of high moral character.
Dec 5, 2012
JREwing
Sam, as your are aware, Mrs. Allam is quite elderly and therefore would likely have no need for future income from royalties, however, one would think an arm's length transaction would have netted her significantly more sales proceeds. Fishy smelling indeed, at least at face value...
Dec 5, 2012
Samuel J. Orr
This site remains deader than a dead cat!
Dec 7, 2012
Samuel J. Orr
This site still remains deader than a dead cat. Surely someone in Venango County has some news to report. If not news, how about some rumours or even speculations. Why did Vista file applications for 80 drilling permits in Venango, all of them since November 1, 2012. Check e-facts, if you don't believe me.
Dec 9, 2012
owner
Dec 13, 2012
Samuel J. Orr
Mark: I imagine that the permits are scattered all over. I, as you know am computer illiterate. I searched O&G permits on e-facts for the year 2012. I did not search by township. I could search each of the approximately 30 townships for the same period which would give the number of permits issued or pending in each township, but would not tell you the exact location. I may do this but suspect you may have an easier way! Have they started fracking the Allam well? Vista is a private company that has been drilling vertical wells in northwestern Pennsylvania for years. Their logbooks, well locations, geological studies would be very valuable. I wonder if they might not g
Dec 13, 2012
Samuel J. Orr
(Hit wrong button) I wonder if they might not get purchased by one of the big boys. Might Shell just buy Vista lock stock and barrel?)
Dec 13, 2012
Jim Litwinowicz
Drove by the Allam well Tuesday. The rig is still up but I think it is in a different position so I am guessing they are drilling another well on the same pad. The SCCC site hasn't changed-signs up stating it is a Halcon site with lots of warnings but no site work has started yet. The Rainbow well pad is complete with road in and stone down. No working being done.....probably waiting for the to finish at the Allam site.
Dec 13, 2012
Samuel J. Orr
This site is deader than a dead cat! Why?
Dec 16, 2012
JREwing
I will post something so Sam will stop talking about dead cats. The Allam well is still being drilled and the rig was not moved. According to my sources, some part of the drilling apparatus broke and they had to pull the drill and fish a part out of the well. Set them way back time-wise. According to the same source, the Rainbow well will not be drilled until next spring, after results of the Allam well are known. At the rate the Allam well is progressing, testing may not occur now until April...
Dec 17, 2012
owner
Does anyone know anything about the Sandy Creek conservancy well? Will it be drilled after the Rainbow well? How many laterals are they drilling per site? Are they drilling the Utica?
Dec 18, 2012
Samuel J. Orr
Someone needs to get down to the Allam well and do a little sweet talking. Might find out the new estimated completion date. Might also find out how long the fracking is likely to take? Somebody give these well drillers a little tende loving care. Might require some one of the female gender as they might do better at getting information! Probably someone will accuse me of being sexist with that last remark!
Dec 18, 2012
Samuel J. Orr
This site is once again deader than a dead cat. Having no new news, I will post an old joke:
Q. Do you know why scientic and medical researchers are replacing their laboratory rats with lawyers?
A. Three reasons: there are more lawyers than rats!
there are some things that rats actually will not do!
some researchers actually become attached to rats!
Dec 19, 2012
Samuel J. Orr
Any news on the Allam well? Has Halcon possibly screwed up the well or has the problem referred to by J.R. Ewing in a post below been solved?? Sounds like mayve they lost a bit?? Any engineers out there to know what this might mean? (This site is deader than a dead cat!!)
Jan 1, 2013
Samuel J. Orr
See Mercer County Comment wall. Apparently a rig has been dismantled and is moving somewhere. There were posts suggesting it may have been the rig from the Allam well? If so, where is it going? I would not think it would be to Rainbow site. My info has been that Rainbow would be drilled in April at the earliest, and then only if results from Allam well were good. My last info on Allam was that they had a problem and perhaps may have lost a bit in the bore hole?. Maybe some of you have info. Verifying whether or not rig is still on Allam site or has been dismantled would be helpful information!
Jan 2, 2013
owner
Thanks for the info Sam!
Jan 3, 2013
james
Sam, the rig was being moved out on wed. from the Allam well, It was heading towards sandy lake, assuming it was going to jamestown site or greenville site?
Jan 4, 2013
John Stanton III
Did they finish drilling and move on to the next site? That is what is sounds like. Range has a plans for utica wells in Venango in 2013. Chevron and Seneca also active. Check out the press release from National Fuel on Forest County well which is very cluse. Hopefully, Shell will drill in Venango soon.Gas prices hopefully will continue to rise. Everything looks good for Venango.
Jan 5, 2013
JREwing
Originally posted by Berk in the Mercer County group: http://files.shareholder.com/downloads/ABEA-5X1N65/0x0x626515/d74ef...
Not sure what to make of the obvious omittance of the SCC Glista and Rainbow wells around Polk on pages 25 & 26. Seems particularly odd considering that the access road and well pad are completed for the Rainbow well. It's just waiting for a rig to come in a drill... Any thoughts or speculation?
Jan 11, 2013
Samuel J. Orr
In Venango County Allam well is drilled. Rainbow and Glista permits have been granted. The Desko permit was applied for in October and is pending.
Jan 11, 2013
John Stanton III
Where is Desko well? Thanks!
Jan 16, 2013
owner
Sam, was the Allam well completed or did they have trouble drilling the well. Previous posts suggested that the drill steal may have been stuck in the well. This could have caused them to loose the well.
Jan 16, 2013
JREwing
@Mark, there is another smaller rig on the pad now. It was moved in in the early morning hours before daylight on Sunday morning. I don't understand enough about the drilling process or what can go wrong to speculate about what they're doing with it though.
Jan 16, 2013
John Stanton III
I heard it was drilled. Scheduled to be fracked in January. If there is a problem with the well, it is a setback, nothing more.
Jan 16, 2013
Samuel J. Orr
When the fracking job gets going there should be a whole lot of box trucks on the site and more activity on site than at any other time. There will likely also be loads of tankers coming to and from the site. Tankers may be hauling water or other substances. If oil produced, one would expect it to be transported from site by tankers. IMHO and subject to correction and amendments by people with more knowledge.
Jan 16, 2013
Samuel J. Orr
Desko well from my recollection is in Richland Twp. I hope my memory serves me well on this.The well has not been drilled as yet. Halcon now seems to be concentrating efforts in NW Mercer County and SW Crawford County where geology is thought to be better.
Jan 16, 2013
owner
JR, I think different rigs are used to drill the vertical and then to drill the horizontal part of the well. The new rig on the property may be the horizontal drilling.
Jan 17, 2013
Samuel J. Orr
This site is deader than a dead cat!
Feb 3, 2013
Berk
Halcon_CreditSuisse_vFINAL.pdf
Halcon's latest. A couple good looking maps included for our region.
Feb 6, 2013
Debbie
Since Sam keeps calling for info, here is what I know. Prior to fracking at Allam, a water tank will be built on the site with a similar one built at Rainbow. There will be a temporary water line which will connect the two. I do not know how far along the tank building process is. (They were moving a trailer type office down there earlier this week.) The water pipeline is currently progressing. You can see it going under Valley Road at the junction of Rainbow and down the side of Rainbow and up into the woods on the other side of valley. Some days it progresses a lot and some days a little. It will be hung onto the bridge on Rainbow Rd in order to get over the creek, but since the bridge is out...well, who knows that time frame. Their original time frame was to construct the water line, use to frack Allam, then use to frack Rainbow and take it away in about 12 months.
Thanks to Berk for posting that report. Page 20 echoes what I'd already seen going on and learned from others, infrastructure needs are the limiting factors right now.
Feb 8, 2013
JREwing
The temporary bridge is back in place and the water line is ready to go. Tanker trucks will be hauling water starting this afternoon. Projected Allam frack start date is next Thursday if all goes according to plan.
Debbie, Sam is calling you too? And here I thought I was his one and only source...<sniff> <sniff> lol
Feb 8, 2013
Samuel J. Orr
To Debbie and JR : Thanks for updates on Allam well! To Debbie: JR has a warped but finely honed sense of humor.
Feb 8, 2013
p umpjack
I guess if a new poster shows up with the moniker Fred Garvin we will know Sam has changed his posting name
Feb 8, 2013
JREwing
p umpjack, LOL, and how true!...lmao
Feb 8, 2013
p umpjack
thx I just got done with Professor Peabody and the way-back machine....
Feb 8, 2013
owner
Thanks for the info on the Allam and Rainbow wells. Does anyone have any info on the sandy creek conservancy well? I haven't seen any site preparation, just signs up. Thanks
Feb 9, 2013
JREwing
Mark
Feb 9, 2013
owner
Thanks JR! I appreciate the update!
Feb 9, 2013
JREwing
Frack water trucks have been hauling water to both the Allam and Rainbow well sites around the clock since Friday. Rainbow and Valley roads are taking a severe beating. Graders and rollers have been on call around the clock to keep the roads passable.
Feb 11, 2013
Samuel J. Orr
See the thread under General Discussions entitled "M&P Being Sued". Read the entire thread and you may learn a great deal. Please pay special attention to comments by James Brink, Esq. and those by Shale Advice. A number of others are also potentially helpful.
Feb 11, 2013
JREwing
I know there's probably only a few people here who really care, but according to my sources, the Allam well on Valley road is now being fracked. Plus I'm trying to keep Sam from posting the dead cat thing again. lol
Feb 18, 2013
Samuel J. Orr
This site is deader than a dead cat and has been for 8 days !!!???
Feb 26, 2013
Samuel J. Orr
WARNING: To all Venango County landowners who may be considering signing a marketing agreement with M&P / CX. Before doing so, please obtain answers about how they explain the difference in the Payment Orders involving M&P / CX's Mount Jackson 4 group in Mercer County. You will understand if you read page 27 of the thread entitled M&P BEING SUED found under general discussions. For the varying payment orders see page 16 and 27 of thread. For M&P / CX's marketing agreement, a copy of the landowners' class action against Halcon and Halcon's amended answer see page 18 of same thread. The payment orders on page 16 and 27 should raise questions. Note the word GEOLOGY appears in the one and not in the other!! There may be a perfectly reasonable explanation for the difference and I have challenged them to provide that answer on the above mentioned thread!
Feb 27, 2013
Jim Litwinowicz
To all landowners considering joining the M&P/Cx Venango landowner group, please attend our next meeting at the Rockland Township Firehall at 7 PM on March 26th. You can ask all the questions you want and everyone is welcome at this meeting. This meeting will be preceded by a members-only update meeting at 6 PM
Mar 3, 2013