"They only include acreage in an AA if they have to, because that is the acreage they have to pay on. Either you're part of a larger lease with language requiring its inclusion, or near the pad site. AAs must be declared and…"
James Foster's Discussions
Allocation Areas
Started this discussion. Last reply by BW_Appalachia Feb 4, 2020. 14 Replies 0 Likes
Does anyone have some guidance on understanding how EQT determines what specific acres make up an allocation area for a well?I own some acreage in Whiteley Twp / Greene Cty PA and have been placed in…Continue
Stattler Well Pad
Started this discussion. Last reply by Becky Moore May 15, 2019. 3 Replies 0 Likes
Does anyone have any insights with regard to the Stattler well pad?Continue
Fracking in long wall mining areas
Started this discussion. Last reply by Dan Nov 29, 2018. 6 Replies 0 Likes
My brother and I own some acreage in Greene County along the Perry and Whiteley Township border. The property is close to a number of older long wall mining sites. It seems that these more…Continue
Drilling in Greene County
Started this discussion. Last reply by Mark Y Sep 17, 2014. 3 Replies 0 Likes
Curious if anyone can shed some light on why it appears that there are far fewer permits pulled and wells drilled in the southern townships within Greene County? I am specifically speaking of Perry,…Continue
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Joe C. replied to James Foster's discussion 'Allocation Areas'"The software was made for my company and it is usually updated every few days from the PA DEP. Please feel free to PM me if you would like to chat."
"Nick,
Thanks...I do have a Pugh clause in the lease. I have been on the PA Land Records site and have seen this document. EQT is producing from 6 wells on the Stattler Well Pad and I am linked/getting paid from one but it is less than a small…"
Joe C. replied to James Foster's discussion 'Allocation Areas'"James, Greene Co Courthouse has a Declaration of Unitization filed by EQT on this unit. It does not have the final map showing the finalization of the unit yet. It will provide you with the final unitization map and permit map showing all…"
LewPa replied to James Foster's discussion 'Allocation Areas'"James
If they put you in a unit that already has laterals drilled then you will be getting royalties once the well goes into production. Which should be sooner rather than later."
"LewPa,
Good question regarding whether it is a good thing....not sure. I assume they would only tie it up if they thought it would be productive and want to sit on it till prices improve and it is profitable to pull from the ground. Then it…"
"I did lease with EQT a number of years ago. Feel good about the deal cut. It is the Stattler Well Pad.
Jim"
LewPa replied to James Foster's discussion 'Allocation Areas'"James
It sounds like they put you in the unit to tie up your property for the future. Isn't this a good thing?"
Joe C. replied to James Foster's discussion 'Allocation Areas'"James,
Did you lease with EQT? When? Did a landman bring out a proposed unit map? Do you have a Tax Map Parcel # for your land/minerals?
Nick"
"JK, thanks for responding. Yes, I do have knowledge of the direction of my lateral as well as others on the pad. I pulled from the MarcellusGas.org site. They all run northwest and my property runs southwest from the pad. I am still awaiting…"
JK replied to James Foster's discussion 'Allocation Areas'"I am also interested in hearing about this as it would seem there is a 'directional' aspect in play.
Of course other factors come into play in describing the 'formula'.
From your response it appears you have knowledge of the…"
Allocation Areas
Does anyone have some guidance on understanding how EQT determines what specific acres make up an allocation area for a well?I own some acreage in Whiteley Twp / Greene Cty PA and have been placed in an allocation area for a well where the lateral runs in the complete opposite direction of my acreage. Not even close to my land. Puzzling.See More
Profile Information
- Introduce Yourself
- I am the owner of mineral rights on around 100 acres in Greene County and want to understand what is happening with regard to leasing in this area as I have been contacted by a gas company. I am also reside out of state.
- What is your role?
- Other
- Which state(s) are you following?
- Pennsylvania
- What shale plays do you follow?
- Marcellus
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