Jack Young
  • Landowner, Gas Professional
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Latest Activity

Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"I'd heard that Shell has no drilling plans for Tioga County until 2021, so it would make sense to reassign all but a skeleton crew of employees. Their drilling costs are just too high to make even their best wells profitable enough to justify…"
2 hours ago
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Have you all lost your minds? This is lunatic fringe stuff - you need to get out of the bubble."
Nov 6
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"A tragic accident.…"
Nov 5
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Remember that Shell inherited an incomplete unit layout from East that was designed primarily to hold acreage, then as optimal lateral lengths increased had to modify their own plans while working around the earlier Shell and East units. I…"
Oct 18
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"PGE also has a McKean County Utica test staked. We will hopefully all know a good deal more a year from now!"
Oct 9
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Looks like the Headwaters 143 wells were permitted for laterals closer to 7,000' long. The summary I was looking at originally was either wrong, or the wells weren't drilled to the full permitted length. Either way, there's not much…"
Oct 8
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"There is no Headwaters 143 3HU - the two wells they brought on line there back in August 2017 are the 4HU and 5 HU. Each produced 10 to 12,000 mcf/day steadily for the first 6 months. So I don't think they suggest any "fade"…"
Oct 8
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Shell spudded 17 Utica wells, plus 5 Marcellus. 77 total wells were spudded in Tioga County during that time period by all operators, to all depths."
Oct 7
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"If you look at the DEP data for 2017 and 2018 you'll see that JKLM spudded 27 Potter County Utica wells during that period, while PGE spudded one. Nobody else did anything, not even a completion of a previously drilled well. I…"
Oct 7
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"It would be nice, but I haven't heard anything to that effect from the folks I know either."
Oct 6
Jack Young replied to william Allen. Ladd's discussion 'Painter Well activity and TIOGA COUNTY (NEW POSTINGS JUNE 18, 2019)' in the group Tioga County, PA
"Expect JKLM and Eclipse to make a deal before long - neither company wants to leave any acreage stranded in the areas where both have been active."
Oct 2
Jack Young replied to william Allen. Ladd's discussion 'Painter Well activity and TIOGA COUNTY (NEW POSTINGS JUNE 18, 2019)' in the group Tioga County, PA
"Remember that the #2 lateral was permitted to roughly twice the length of #1. That means that the second well will be draining twice the area. So unless production is double what #1 made, the royalties paid per acre actually drained…"
Oct 1
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Shell's acreage position by the Plumber location is about as good as any they have in that area - they could drill laterals 7,500' long in both directions from that site. And the Sharretts well was one of the best they drilled in that era…"
Sep 29
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"You can plot the private land gap south of the Sabinsville storage field on the official field map. It varies in width, but averages just under 3 miles across. Corporate intentions are hard to gauge, but the extent of the private land…"
Sep 29
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"I assume you know that the southern boundary of the Dominion storage field is several miles away from the state land you mention, with thousand of acres of Shell leases in between, and that Eclipse has leases outside the old storage field…"
Sep 27
Jack Young replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"And I'll bet we never see a 20,000' lateral - the rock is too hard! Look for 10 to 12,000' to be the standard for the time being."
Sep 27

Profile Information

What is your role?
Landowner, Gas Professional
Which state(s) are you following?
Pennsylvania

Comment Wall (6 comments)

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At 12:22pm on October 16, 2014, KAnderson said…

Mr. Young, my brother and I are visiting some folks in Coudersport on 20 and 21 Oct and were wondering if we could buy you a cup of coffee or some lunch?  We are Beckmans (from Francis and John Beckman of Coudersport) and have taken over the estate's OGM affairs.  Not sure where you are located, but if it's close by, we'd love to get your perspective on some things if you have the time.  I'm told the Beckman and Young families are actually related through marriage.  A small world!  My personal email is beckmanc@gmail.com if you'd like to discuss further.

At 10:15pm on March 19, 2013, chris barton said…

hi jack its been a long time try my number 412  271  9000  chris barton i look forward to  catching up with you

At 1:11pm on December 1, 2011, Don Wiff said…

Jack: Thank You. We felt this was the siuation, but never had substantiation.  What do you do to have all this info?

Thanks Again and have a wonderful Christmas.

                                                                              Don

At 9:30am on December 1, 2011, Don Wiff said…

Jack:  From the most recent deed, it is part of Subdivision No. 348.  The original deed is in Book 499, page 777.  The most recent deed is in Vol 532, page 178-180.  The land was originally purchased from an old Swedish estate of which two of the nine owners were children of the estate.  It is used to enjoy nature, so I guess no matter how things turn out the original purpose will be preserved

At 9:13am on December 1, 2011, Don Wiff said…

Jack: MIneral, gas, and oil rights for our property I do not know.  We can't afford a lawyer to do the search.  The courthouse woman said I could come in and search the deeds.  Online I search them as far back as I could.  I have to go into the courthouse to search back to 1940.  Is there an easier way?  My father always said the mineral, etc., rights are gone.

At 8:16am on November 30, 2011, Don Wiff said…

Jack:      Thanks.  We have owned 52 acres for seventy or more years in the middle of the Nat'l Forest.  Just wondering if we can get money from natural gas.  No more timber for maybe ten years.

     What is OGM?

Don

 
 
 

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Posted by Thomas J Shepstone on November 12, 2018 at 9:37am 0 Comments

The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about the Colorado election, Keystone XL Pipeline, Blue Racer Midstream and much more last week.

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