Bullfrex
  • Male
  • Freeville, NY
  • United States
  • Landowner
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Bullfrex's Friends

  • Marci Feustel
  • Sarah Violet
  • Matt Padden
  • Josie and Bob

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Latest Activity

Bullfrex replied to Old Timer's discussion 'Eclipse merger delay due to Gov. shutdown'
"While I agree the Gov't shutdown is painful for those receiving no paycheck (a close relative), I agree that this is maybe the last 'best time' to try and right the ship. Trump was elected to do that, and it is, was and will always be…"
yesterday
Bullfrex replied to Raymond Speck Jr's discussion 'Royalties'
"Some things in your original post are confusing to me: The found a 'new heir in CA'----you said you cleared the title in 2006?---why didn't this show up in the original title search? Have you verified their search information? Have…"
Tuesday
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Yup....almost 27% month vs. month. Did they increase the choke? No way to know for certain, but seems like a huge 1st full month production decline. Still a darn good well though....time will tell if it is a true home run."
Tuesday
Bullfrex replied to Old Timer's discussion 'Eclipse merger delay due to Gov. shutdown'
"I don't wish to turn this non-political Forum into one, but I can't help feel that Trump knows exactly what he doing all the time....flushing out the rot, corruption and deceit that has crept into our political system is the past…"
Monday
Bullfrex and Matt Padden are now friends
Monday
Bullfrex replied to crazy cat woman-+'s discussion 'Question about overlapping well pads.'
"Hi Matt, Thanks for the info....we are hoping for a similar scenario when our wells begin the 'dreaded' decline...we will see. Nice!! A stacked play, perhaps? That is the best one can hope for."
Monday
Bullfrex replied to crazy cat woman-+'s discussion 'Question about overlapping well pads.'
"Hi Matt, Are you saying the same parcel of land (or any portion thereof?) is included in two production units? I have not seen this; but I have to question why they would be paying royalty twice on the same parcel of land? In PA, there are setbacks…"
Monday
Bullfrex replied to crazy cat woman-+'s discussion 'Question about overlapping well pads.'
"Well direction makes all the difference, but depth will not vary significantly unless you change formations."
Monday
Bullfrex replied to A. Betz's discussion 'suggestion for good attorney and need peoples thoughts concerning a pooling issue'
"Seems like a longshot for anyone to force a Driller to change their plans to include someone in a unit. These folks have sited the pad in the most advantageous location to drill as economically as possible. Their interpretation of the seismic data,…"
Monday
Bullfrex replied to A. Betz's discussion 'suggestion for good attorney and need peoples thoughts concerning a pooling issue'
"Carp is correct about the well directions from the pad. The amount of any plot of land, defined by a tax map, can be included or excluded from a Production Unit....much of our holdings (tax plots) are that way, some in, some out. Just because your…"
Saturday
Bullfrex replied to crazy cat woman-+'s discussion 'Question about overlapping well pads.'
"Could it be that the wells are in two different formations? One pad's wells target the Marcellus' the other , the Utica formation. All I can think of as a viable answer, because with an overlap in the same formation, they would be paying…"
Saturday
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Thank you Roy, Josie and Bob, and Jack for making this scenario clear to me. Next question....I know, they never end..... What type of potential buyer can Shell expect to make an offer for the Marshlands?  Seems to me the majors in the area…"
Jan 9
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Nice summary Jack....thank you. Question....if the Marcellus is/might be marginal (not doubting your assessment)....how could a value be assigned to the Marshlands acreage if the Utica (if present there) has not been developed to any extent? Me…"
Jan 8
Bullfrex left a comment for Josie and Bob
"Not sure about this.....hahahahaha….welcome friend!!"
Jan 4
Bullfrex and Josie and Bob are now friends
Jan 4
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Although GMS is not a true 'Science' blogsite, the information exchanged is indeed very useful for those of us in the Gas Patch here in Tioga Co. and the surrounding area. I follow several true Science blogs, and it is the purpose at these…"
Jan 4

Profile Information

Introduce Yourself
East has been attempting to get us to sign an addendum to the existing lease, to include the Marcellus Shale rights, with NO offer of any additional lease payment. We have refused.
What is your role?
Landowner
Which state(s) are you following?
Pennsylvania
What shale plays do you follow?
Marcellus, Utica

Comment Wall (7 comments)

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At 11:42am on June 18, 2018, Marci Feustel said…

EQT got in touch with us.  They are leasing the families 88 acres they offered us $3,500 a acre and 15 percent royalaties.  We sent the offer to are lawyer.  Any thoughts on this?  Thank you.

At 8:14pm on May 29, 2018, Marci Feustel said…

I got in touch with the property owners next to us.  They signed a lease with E.Q.T.  Should we contact that company?  Thank you.

At 12:27pm on May 21, 2018, Marci Feustel said…

I tried to send you the letter I couldn't.  The company emailed us telling us if we didn't take their offer we would have a hard time selling because they monopolize the area.

At 12:21pm on May 21, 2018, Marci Feustel said…

The gas company we turned downed sent us this email today.  They offered $5,000 outright to buy.  What are your thoughts?  Thank you.

At 11:22am on March 3, 2018, william george allison said…

bullfrex I'm not real good at math but I would think 16% with no deductions would be better for when the well starts to drop off after a year or so .with 18% with deductions it hard to tell what the deductions would be I probably would owe them lol  ps  I value your opinion thank you   BILL

At 2:41pm on March 2, 2018, william george allison said…

bullfrex I have another dumb question lol. I just got a letter they want to lease my land at my house .in your opinion would it be better to go 18% with deductions or gross royalty at well head at 16% with no deductions its only for couple acres thank you sir 

At 3:36pm on March 1, 2018, william george allison said…

bullfrex I have a question after fracing for two months there is a small rig setup now would that be to drill out the plugs in the perf and plug method in the production phase ? thank you bill

 
 
 

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