"I'm in the same boat over in Oxford. I hope the drillers will show interest to beat any government interference with fracking. You would think that a drilled well, even if shut in, would be to their advantage if the hammer drops."
Brett's Discussions
Ascent has made some 5 year lease renewal payments early
Started Feb 12, 2018 0 Replies 2 Likes
Apparently, many Eastern Ohio Post Offices were flooded with Ascent bonus checks over the weekend. Not due until August, many checks have already been issued.Continue
Belmont County Cracker Plant
Started Jan 31, 2018 0 Replies 0 Likes
A decision by the end of 2018?????So maybe it is time to boot PTT and begin to try to attract a solid American energy company that demonstrates a little more competence.Continue
PTT Global
Started Dec 9, 2017 0 Replies 0 Likes
So, is PTTGC gonna announce soon or once again say that more time is needed?Continue
Need help with ODNR Well Map interpretation
Started this discussion. Last reply by Brett Nov 2, 2017. 9 Replies 0 Likes
Ok, so here's the deal. I have a couple of acres that are in the middle of a well with four laterals. I mean right in the middle, two on each side. The well is producing. But, somehow, I am not in…Continue
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Brett replied to bo boboski's discussion 'Rumors & Tidbits for Guernsey County' in the group Guernsey County, OH"If the crackers ever come to fruition, there will hopefully be a resurgence in the wet gas plays. Guernsey is wet gas. I'm hoping for the best."
Brett replied to bo boboski's discussion 'Rumors & Tidbits for Guernsey County' in the group Guernsey County, OH"Jan, Very interesting. That would appear to explain a lot."
Brett replied to bo boboski's discussion 'Rumors & Tidbits for Guernsey County' in the group Guernsey County, OH"Is your property in Oxford Township?"
Brett replied to bo boboski's discussion 'Rumors & Tidbits for Guernsey County' in the group Guernsey County, OH"i don't know without looking at the lease language. I had a 3 year guarantee but I think that mine only meant that I would still get 3 years of bonus money even if they drilled in one of the first 3 years."
Brett replied to bo boboski's discussion 'Rumors & Tidbits for Guernsey County' in the group Guernsey County, OH"My lease was an eight year with a bonus to be paid annually, each year for eight years. The first three years were paid consecutively in January of the first 3 years. So, I received 3 checks. one each in 2017, 2018, and 2019."
Brett left a comment for David Cain"Hi David,
Montage did bail on my lease. Looks like the gas and oil glut has the industry spooked."
Brett replied to bo boboski's discussion 'Rumors & Tidbits for Guernsey County' in the group Guernsey County, OH"Looks like we are all in the same club. Montage just terminated my lease in Oxford. I received 3yrs of an 8 year, year to year.
Maybe if the mythical Mead County Cracker actually appears, and maybe there are unicorns."
Brett replied to bo boboski's discussion 'hello' in the group Guernsey County, OH"Eclipse/Montage did not renew the lease. Eclipse paid the first three of an eight year, year to year. Montage is now supposed to record the termination at the court house. Lesson learned. A paid up lease is the only way to fly. Good luck to…"
Brett replied to Paul Heckbert's discussion 'Catastrophic Ohio Methane Leak Stayed Hidden Until a Satellite Found It'"Grandad, Completely agree. The point is that most individuals and industries are doing a stellar job protecting the environment. Some environmental religious zealots assume an amusing dystopian attitude. Scientic opinion is just that, opinion. Words…"
Brett replied to Paul Heckbert's discussion 'Catastrophic Ohio Methane Leak Stayed Hidden Until a Satellite Found It'"So that's why the sunsets have been so spectacular lately. lol
A major event that now one noticed. That makes a lot on sense."
Brett replied to bo boboski's discussion 'hello' in the group Guernsey County, OH"I'll post a reply once I know if I'm renewed or not. This year to year suspense is a real nail biter."
Brett replied to bo boboski's discussion 'hello' in the group Guernsey County, OH"I'm on Johnsons Mill Rd hoping for the best with Eclipse. We are due up Jan 20.Things aren't looking to great now that Eclipse is Montage. Maybe Ascent will scoop me up if Montage bails. Anybody know what Ascent has been offering?"
Brett replied to Bill Simpson's discussion 'Natural Gas Boom Fizzles as a U.S. Glut Sinks Profits'"......It's the New York Times."
Brett left a comment for David Cain"Thanks David, I'll let you know if I hear from them or receive a check in January."
David Cain left a comment for Brett"Brett,
I haven't heard anything from Eclipse/Montage. But I signed a 5 year lease with half due at signing at the other half due at the end of the first year. So I received my second payment in Febrary, 2018 and I am leased until…"
Profile Information
- What is your role?
- Landowner
- Which state(s) are you following?
- Ohio
- What shale plays do you follow?
- Marcellus, Utica
Comment Wall (4 comments)
- At 10:42am on December 16, 2019, David Cain said…
Brett,
I haven't heard anything from Eclipse/Montage. But I signed a 5 year lease with half due at signing at the other half due at the end of the first year. So I received my second payment in Febrary, 2018 and I am leased until 2/2022. Hope they pay you. I did hear that a guy on this site on Jack's Run Rd. (which is just south of us in Noble county) was signed to a new lease. I think it was Eclipse.
Good Luck,
Dave Cain
- At 11:15am on January 23, 2018, David Cain said…
Brett,
Good to hear this. Eclipse has until the end of February to pay us the second bonus so I am anticipating that they will wait until the last moment. We had signed our lease in March, 2017. Glad to hear they are keeping their commitment though. If you hear anything about them moving into our area please let me know. I am anxious to hear what the numbers are for the well they just drilled on the NE edge of Quaker City. That is getting pretty close.
Thanks,
Dave Cain
- At 4:06am on January 22, 2018, David Cain said…
Brett,
I accepted you as a friend before I read your comment to me and now I cant seem to find it. Can you resend?
Thanks,
Dave Cain
- At 12:46pm on November 1, 2017, Becky said…
Hi Brett,
My name is Becky Clutter. I am a board member with National Association of Royalty Owners (NARO) Appalachia Chapter. The terms of your lease would determine if Eclipse had to notify you of the lease flip to Antero. If you leased with SEOLA, likely that was a condition in your lease. If you have trouble getting answers from Antero, let me know and I can help facilitate that communication for you. Regarding the notification, usually the operators make notification when the wells have been completed and brought on line. They will send out a division order which you will be asked to sign. NARO encourages the use of the NADOA form in place of an operator document. You want to be careful not to have anything in that form change or alter any of the terms of your lease. You also want to make sure that your decimal interest was calculated correctly. Your decimal interest is the number they will use to pay you. If that number is wrong, so too will your royalty checks be wrong.
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