Gail Powers
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Negotiating a lease

Started this discussion. Last reply by Robin Fehrenbach Scala Feb 26, 2010. 7 Replies

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Introduce Yourself
I have been offered $200. 00 an acre by Chesapeake for the mineral rights on 46 acres in Upshur Co. W.V.
What is your role?
Which state(s) are you following?
West Virginia

Comment Wall (5 comments)

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At 3:00pm on March 16, 2011, Charles Corne said…
Hello Gail, Do you have a contact for chesapeake oil ?? If so would you please email to me at  thanks Chuck Corne
At 4:52pm on March 14, 2011, Charles Corne said…
Hi Gail, Jamie was very nice but his boss/owner/Pres. was a jerk !! first offered 10 went up to $100 per ac. said he might go to $200 then came back with $150 wouldn`t return calls after that. Then send me a nasty email because I called after waiting on them for 2 weeks.
At 3:53pm on March 14, 2010, james r. moore said…
has anyone had any dealings with union drilling in upshur co.
At 9:30pm on May 30, 2009, roy jones said…
the geologist in me has to respond and clarify this a bit, haha. the marcellus shale isnt sandwiched between black shales. It IS the black shale. All hydrocarbon-bearing rocks have either oil or gas in them, usually a mix of both. For you, you dont have to worry about getting oil or gas, you can consider them equal - as far as how much money theyll make... not exactly true - but close enough. The marcellus shale is mostly filled with gas, because it was once buried very deeply. In WV, it wasnt buried that deep - so it's more likely to have some oil in it. you dont have to worry about this though. just collect the check and cash it.
At 7:19pm on May 30, 2009, Vic said…
Hi Gail, you had asked what a devonian well was. I will give you a brief explanation, The Devonian Shale was formed from the mud of shallow seas that existed about 350 million years ago, during the Devonian period of the Paleozoic era. This shale is a very fine grained sedimentary rock which is easily breakable into thin parellel layers. Its a very soft rock but does not disinegrate when it becomes wet. These shales can contain natural gas when two thick black shale deposits sandwich a thinner layer of shale, these wells are commonly 3,000 to 5,000 foot deep. To sum it up for you its a gas well that will probally produce some oil also.

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