I own 22 acres in Guernsey county Ohio and I just found out that Chesapeake drilled one leg dead center under my land. I confirmed this using the ODNR map on their website. (My contract was with…Continue
I am sorry for just now noticing your message. Every time I ask I am told April of 2016 but I don't see how they will get there at the rate they are going.
They haven't even started the pipeline to get the gas out and the work on the pad doesn't seem to be going very quickly either. I haven't been down there lately, or even since they drilled it but I have been home working on converting my attic into a 4th bedroom and I don't see many trucks going in and out of there to tell me they have much of an emphasis on getting it ready.
I suspect the really low commodity prices are not much incentive to get it set up to produce.
I still see the market rebounding in the later half of this year or 2017 although maybe not to the levels they were at before.
Stop by sometime and we can meet, thank you for writing me.
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]