Steven A Joliat
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EAP / Eclipse leasing in Carroll County

Started this discussion. Last reply by Dott Dec 5, 2021. 6 Replies

I have been offered a lease for property in the Dellroy area by a landman representing Eclipse.  Are others in the county seeing renewed interest?   Some of my neighbors have been approached as…Continue

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Latest Activity

Steven A Joliat replied to J.M.'s discussion 'Oriskany Brine'
"Consult with a lawyer who has experience in leasing minerals other than oil and gas, such as coal leasing.  It is likely this will become a very complex legal fight just like the coalbed methane decisions decades before.  It will be fought…"
Sep 25, 2022
Steven A Joliat replied to boop's discussion 'Lease rates'
"It depends on the terms, it looks like a lowball.  Offers last year in parts of Carroll County were $2000-2500 per acre and 15 to 17 percent for 8 to 10 year terms.  For an area with good potential production, a low $500 per acre offer…"
Jul 25, 2022
Dott replied to Steven A Joliat's discussion 'EAP / Eclipse leasing in Carroll County'
"Steven, As Joe said EAP is a Partner of Encino. Encino handles all the books etc. Many have said that EAP will not go above that 15% Gross but the signing but bonus should be much more than what Brian Werner was offered by  R&S. The old…"
Dec 5, 2021
Joe C. replied to Steven A Joliat's discussion 'EAP / Eclipse leasing in Carroll County'
"Encino Acquisition Partners (EAP). In October 2018, EAP closed a $2 billion deal to buy Chesapeake Energy’s Utica assets in Ohio, acquiring approximately 900 operating and non-operating wells with approximately 900,000 acres of oil and…"
Dec 4, 2021
Steven A Joliat replied to Steven A Joliat's discussion 'EAP / Eclipse leasing in Carroll County'
"Thanks for the correction,  I was under the impression Eclipse had some association with EAP in the Carroll County area.  Perhaps they had some acreage positions in common in the past or currently.  The lease proposal I have does…"
Dec 4, 2021
Joe C. replied to Steven A Joliat's discussion 'EAP / Eclipse leasing in Carroll County'
"Steven, the landman shouldn't be representing Eclipse, a merger between Blue ridge and Eclipse happened a few year back and was renamed Montage resources.  Last year Montage merged with SWN. "
Dec 4, 2021
Steven A Joliat replied to Steven A Joliat's discussion 'EAP / Eclipse leasing in Carroll County'
"Thanks Brian, the 18.75 and 20 percent royalties haven't been seen in awhile.  I am having a hard time getting  Eclipse to budge above 15%.  Did they say that is a no deductions royalty or is that with deductions?"
Dec 2, 2021
Brian Werner replied to Steven A Joliat's discussion 'EAP / Eclipse leasing in Carroll County'
"I have been approached by R&S Operating. I'm 3-4 miles north of Dellroy. The offer is variable but has a very low sign on bonus for any of the royalty options:1/8 royalty w/ $500/acre, 3/16 royalty w/ $375/acre or 1/5 royalty w/ $350/acre."
Dec 2, 2021
Steven A Joliat posted a discussion

EAP / Eclipse leasing in Carroll County

I have been offered a lease for property in the Dellroy area by a landman representing Eclipse.  Are others in the county seeing renewed interest?   Some of my neighbors have been approached as well.  Existing Utica production is relatively nearby.See More
Sep 22, 2021
6 Comments
John OBrien, landowner advocate replied to Steven A Joliat's discussion 'Yale Medical School WATER Study' in the group Monroe County, OH
"I let em take water from my well.  Why not?  I get reports, and they will test yearly.  I would rather know than not know what is in my drinking water."
Nov 3, 2019

Profile Information

Introduce Yourself
Our family has leased acreage in Carrol County, OH and unleased acreage in Monroe County, OH. We have been small oil and gas producers for nearly 40 years.
What is your role?
Landowner
Which state(s) are you following?
Ohio
What shale plays do you follow?
Bakken, Marcellus, Niobrara, Utica

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At 4:50am on January 16, 2013, Bluflame said…

Steve,

   I was going to respond to the "criticism" of our choke dialog. However, I've seen these issues degenerate into "*issing contests" and decided to hold my tongue (fingers in this case!). 

  Anyway, I'm an engineer and businessman (in addition to a Utica lessor). My interest is to learn and absorb as much technical information as possible about all things Utica. I feel as if I'm pretty up to speed as I've been in this mode about two years.

   Thanks for your assistance.

Sincerely,

BluFlame 

 
 
 

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