Lori Huber
  • Female
  • Bentleyville, PA
  • United States
  • Landowner
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Lori Huber's Discussions

Curious and Looking For Experiences With Shut Ins

Started this discussion. Last reply by BW_Appalachia 1 minute ago. 12 Replies

In this depressed industry environment and rumors of unexplained shut ins around, I was curious about those who have experienced shut in activity (or I guess INactivity) on their producing units such…Continue

Shut Ins

Started this discussion. Last reply by BW_Appalachia Feb 20. 1 Reply

Hello out there. I have a question that someone might have some information on that a fellow landowner is dealing with and looking for info on. He is on a unit that has had a tremendous amount of…Continue

Royalties Plummeting at a More Rapid Rate - EQT Improvement under Rice Mgt?

Started this discussion. Last reply by Lori Huber on Saturday. 100 Replies

Hello. It's been a while since I've been on here but I have a question for everyone I'm really curious about. Has anyone else noticed a sudden increase in plummeting royalty payments and market…Continue

More than one Pad on a Declared Unit?

Started this discussion. Last reply by Lynn mudder Feb 15, 2019. 9 Replies

Has anyone heard of a drilling company adding a second pad to an existing unit? Not sure exactly what is going on as the gas company has been very secretive about their actual plans however we are in…Continue

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Latest Activity

BW_Appalachia replied to Lori Huber's discussion 'Curious and Looking For Experiences With Shut Ins'
"Bullfrex -- depending upon the length of shut-in, the production numbers typically spike once the well is turned back on due to the pressure build up.  This really shouldn't have an effect on the EUR since the well should quickly get back…"
1 minute ago
Bullfrex replied to Lori Huber's discussion 'Curious and Looking For Experiences With Shut Ins'
"Adding to all of the valid points raised in this discussion, I have recollection of conversations alluding to the Shut-in provision and how that adversely affects the total EUR of some/most shale wells. IIRC, once a shut-in well is brought back…"
1 hour ago
william Allen. Ladd replied to Lori Huber's discussion 'Curious and Looking For Experiences With Shut Ins'
"Adding my two cents worth Talking with a friend a few days ago about the corona virus this point came up. With all the discussion about other endeavors, namely the oil and gas that concerns this site, much attention has been placed on the dangers…"
1 hour ago
Dan replied to Lori Huber's discussion 'Curious and Looking For Experiences With Shut Ins'
"Hi Lori,   Great discussion.  Oversupply has stabilized NG prices very low but what the Corona Virus is doing to the worlds supply chain is already crushing energy demand.  When our current political leaders said they were draining…"
3 hours ago
BW_Appalachia replied to Lori Huber's discussion 'Curious and Looking For Experiences With Shut Ins'
"Seems unbelievable, but $1.50 - $2.00 is uneconomical for most operators.  The cost of LOE(~$0.30), compression (~$0.30), gathering (~$0.50) and FT ($0.40-$0.60) (not to mention additional processing/separating fees in wet gas areas) add up…"
3 hours ago
Lori Huber replied to Lori Huber's discussion 'Curious and Looking For Experiences With Shut Ins'
"Good points, and I do agree; operating expenses need to be reduced however lack of operation leads to stagnation and ultimately negative revenue. I think my main point really is that, despite the depressed market, shutting in and halting production…"
4 hours ago
BW_Appalachia replied to Lori Huber's discussion 'Curious and Looking For Experiences With Shut Ins'
"Great discussion. Although your final point is a common misconception, Lori. It is actually the rig costs and other costs associated with completions that operators have needed to cut down on in order to survive. Hence, the drilling the service…"
15 hours ago
Lori Huber replied to Lori Huber's discussion 'Curious and Looking For Experiences With Shut Ins'
"Hi Ryan - That's also a valid point however there's no guarantee they WILL go up (and won't continue to go down). Another aspect to consider is the political and social environment and push to eliminate (outlaw) all fossil fuels in…"
16 hours ago
Ryan Gadworth replied to Lori Huber's discussion 'Curious and Looking For Experiences With Shut Ins'
"Just my 2 cents. I wouldn't want the well producing when prices of Natural Gas are sub $2.00. More money in our pockets if companies are shutting in the wells right now and hopefully the prices of natural gas go up."
17 hours ago
BW_Appalachia replied to Lori Huber's discussion 'Curious and Looking For Experiences With Shut Ins'
"All great points and concerns, Lori.  Also keep in mind that if a lease also has shallow production, it may not even be considered shut-in if the operator shuts in the pad.  Some leases require all wells to be shut-in to trigger the…"
22 hours ago
Lori Huber replied to Lori Huber's discussion 'Curious and Looking For Experiences With Shut Ins'
"Seems like a giant loophole that you could drive a semi through.  I've heard a lot of talk and promises about transparency and keeping the land owners in the loop because the gas company, land owners and shareholders are partners in the…"
23 hours ago
BW_Appalachia replied to Lori Huber's discussion 'Curious and Looking For Experiences With Shut Ins'
"Unfortunately, from a broad perspective it is just that simple.  The specifics on how that affects a lessor's particular interest is going to be governed by the lease and any unrecorded agreements they may have with the operator."
yesterday
Lori Huber posted a discussion

Curious and Looking For Experiences With Shut Ins

In this depressed industry environment and rumors of unexplained shut ins around, I was curious about those who have experienced shut in activity (or I guess INactivity) on their producing units such as the process, duration, causes, communication (if any), and any other information. I thought I'd kept up on all of the important factors regarding being a land owner working with a producing gas company but somehow overlooked the entire possibility of being shut in. I suppose, at the time, the…See More
yesterday
Lori Huber replied to Lori Huber's discussion 'Royalties Plummeting at a More Rapid Rate - EQT Improvement under Rice Mgt?'
"Great news. Glad we're getting a little bit of a boost. Hard to predict anything with the industry right now. Just heard that a lg EQT unit in Washington County (over 20 wells) was shut in with no notice in Dec (actually mid-Nov if you look at…"
Saturday
Jeff Kerr replied to Lori Huber's discussion 'Royalties Plummeting at a More Rapid Rate - EQT Improvement under Rice Mgt?'
"Lori  Hi just a note on gas prices  my Dec. check was for 2.21 per unit the best its been in a long time  EQT "
Saturday
Gary L replied to Lori Huber's discussion 'Royalties Plummeting at a More Rapid Rate - EQT Improvement under Rice Mgt?'
"https://www.bizjournals.com/pittsburgh/news/2020/01/31/eqt-could-sell-off-part-of-royalty-interest-in.html?iana=hpmvp_pit_news_headline&s=print The above link conveys issues with EQT.  Thought I would post it as it may represent interest…"
Feb 22

Profile Information

Introduce Yourself
Landowner in SWPA with EQT in producing well pad unit.
What is your role?
Landowner
Which state(s) are you following?
Pennsylvania
What shale plays do you follow?
Marcellus

Comment Wall (1 comment)

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At 8:59pm on December 30, 2019, Jeff Kerr said…

Hi LORI I am selling one of my prop. as the gas co. is winning. I got a price of 8250.00 per acre from keystone buckeye Had many offers they were the best. I don't have the cash to fight them so I am taking what I can get. I will be retiring soon. the pa Gov. should want us th get a fair deal as to the taxes we would have to pay the state would be to their benefit All I want is a fair deal as you do also.    

 
 
 

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