"Someone in the Oil and Gas Industry posted this in part on facebook regarding the Ellsworth Well"keep in mine oil is around $55/bbl and nat gas is at 2.50 after basis. No real rush to drill and this does not leave room on the open acreage for…"
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Jack
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Trumbull County, OH
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Ohio Landowners
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Mahoning County, OH
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Jack's Discussions
Is there wet gas in Mahoning County
Started this discussion. Last reply by Kambe Jan 13. 18 Replies 0 Likes
It seems like all the action is down south, That has me thinking Mahoning County is not what they thought. Has anybody heard anything about Mahoning County?Continue
Buying mineral rights on leased acreage
Started this discussion. Last reply by Jack Sep 29, 2011. 13 Replies 0 Likes
I am in western Mahoning county and recently had a company offer to buy my mineral rights for 1500.00 an acre. They know the property is already under lease and has two producing clinton wells on it.…Continue
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"Interesting price point as well as a reasonably high mineral rights price. Filling out the relatively small available acreage in Northeast Monroe county in their current footprint or elsewhere? CNX did pretty well in their Marcellus…"
Petroleum Attorney 1976 replied to Jack's discussion 'Is there wet gas in Mahoning County'"Just for everyone's information- Ascent Resources is giving $6500 per net acre and 20% gross leases in Monroe County. If EOG offers leases in Mahoning County, get those terms. "
"The latest article on the results of the well
Nils Johnson of the Law Offices of Johnson and Johnson of Canfield has worked with landowners and energy companies in the Mahoning Valley for many years. He said this week that production…"
"Grok provided this:
To convert the given 7,700 ft lateral well's 90-day cumulative production to an equivalent for a 15,000 ft lateral:
Calculate the length ratio: standard length / actual length = 15,000 / 7,700 ≈ 1.948.
Scale the oil…"
"found the completion report, well has been online for 84 days. Not a great well, but considering the well length is about half the normal length it is better than most of the recent wells in Columbiana County when you factor that in (the…"
Craig stull replied to Jack's discussion 'Is there wet gas in Mahoning County'"Can't wait for the results for this well next month. Will oil/gas companies start leasing again in Trumbull county."
"too soon to get the full report, (no start date), but there is oil and gas. 40489 oil, 203299 mcf gas. We will see how many days of production that represents, as they normally let wells rest a bit after fracturing."
"From the Youngstown Vindicator:
ELLSWORTH TOWNSHIP — One of the first new horizontal gas and oil wells to be drilled in Mahoning County in recent years has started to produce gas and oil at is well pad along state Route 45 (Salem-Warren Road)…"
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