Beaver County, PA
Just out of the fairway, but lots of leasing activity. Discuss leasing, drilling and production.
Landowner
CHK and RRC Leasing in Potter,Center,Racoon, Independance,Green and Hanover Townships..Also Shippingport ?
I have been hearing that a lot of leased landowners in these areas have been receiving checks (from CHK) for leases that have not expired as well as owners that are signing new leases and renewing expired leases (with RRC)...please let us all know if you signed or are being asked about leasing...we all need to stay up on what is happening around us..as well as what they are offering and who is offering...something is happening slowly and quietly..please let us know what is happening around you...
If you are a first time lessor for horizontal drilling, do an internet search on Chesapeake Energy's "Track Record" for all of the Shale Play States in the US: TX, CO, ND, OK, PA, WV, NC, LA, OH, and MI. There may be a few I left out.
Also go to propublica.org and read what Abrahm Lustgarten has reported about CHK.
How about PA Attorney General vs Chesapeake Energy.
Ohio Landowners can attest to the fact that CHK will eventually claim they overpaid you and will take your well products free. That's where we are today in Ohio.
In order to be fully transparent, I have to report that I did receive 50 cents per acre on Buck Well 1H last month. Paige Well 5H has not sent out Division Orders so the money I'm getting from this well isn't really legal yet, so I won't reveal how much my 0.6 acres out of 23.6 acres held by production is bringing in.
I have the Pugh clause in my lease. Chesapeake should have read my lease before working so hard to touch 0.6 acres. They will have 0.6 acres to flip to their buyer. Did I mention that in WV when CHK sold their holdings the new company continued the actions of theft in progress by CHK?
One WV landowner told me "It's as if I was still leased to Chesapeake". Praying for a buyer to take over for Chesapeake isn't going to solve your fraudulent royalty payment issue.
Thanks for reading these facts and please don't complain that I am ruining your Dream. I believe it is Chesapeake who is ruining all of our Dreams, for now.
Sweet dreams are ahead for all involved in defrauding Ohio though.
Free clothes, free food, free fitness room use, a law library, and maybe a night light for those after hour cell visits from Good Kids gone bad when their parents were robbed of the opportunity to pay for college or provide other opportunities, which resulted in no legal route to pay for the necessities of life.
Apr 2, 2016
Landowner
Gary
What is happening with leasing in these areas? Any new leasing?
Jun 24, 2017
Landowner
Charles
I am in the process of renewing my lease with RRC, wish I could find out what others might be getting to lease per acre, I have 94 in southern Beaver, Hookstown area. It's hard to decide on a fair price when you can't find any others around me signing up at this time.
Feb 27, 2020