Bullfrex
  • Male
  • Freeville, NY
  • United States
  • Landowner
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Latest Activity

Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"I don't disagree with you. My point is this is a forum for the gas biz in our little corner of the world. I visit this site to learn about it. I do not begrudge anyone their opinion....we all have them about lots of issues. There are literally…"
Sep 4
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Let's all hope for a return to 'the good old days' on GMS....informative input and useful discourse. OT, Josie and Bob; if you are lurking out there, stop by and let us know all is well with you!"
Aug 30
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"I should have clarified. I meant natural gas prices. Oil seems to be holding up (much?) better, although I heard on the news the other day that gasoline prices "should be falling soon", as much as $.25 per gallon. You are not alone in…"
Aug 30
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Two words....gas price. The 'talking heads' are certain prices will not rebound significantly anytime soon, so it appears that most E&Ps are cutting back on Capex, drilling only enough to fulfill pipeline contracts. Boom and…"
Aug 30
Bullfrex replied to deutchen's discussion 'average royalties / acre?'
"The concept of re-fracing wells has been around for a long time....so it begs a question: Does anyone have knowledge of a re-frac process performed on an existing Marcellus or Utica well in the PA/OH/WV plays? I would appreciate being pointed to…"
May 11
Bullfrex replied to deutchen's discussion 'average royalties / acre?'
"Lots of moving parts in this question; any speculation determining the 'royalty per acre' will be just that....speculation.. Influencing factors: Size of the PRODUCTION Unit Number of your acres in the PU IP of the well(s) is a big…"
May 10
Bullfrex replied to Paul Heckbert's discussion 'solar+batteries starting to beat gas'
"Paul, Quoted from the article....."Solar and Storage make sense"....and making sense is a far cry from being economically feasible and/or practical. 20 years ago.....Nuclear Fusion power made sense....and now is projected to be…"
May 6
Bullfrex replied to Old Timer's discussion 'CONVERSATIONS'
"Nice summary, OT. The latest roadblock being advanced by the enviros and Climate Change minions is less about energy density and more to do with Socialism and the advancement, to the detriment of fossil fuels, of low density renewables. I can't…"
May 5
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Curious....as you can see the spud date for 2H was 13 months after 1H was fraced. Makes you wonder how many other wells may have gone unreported, not that it matters, unless it is your well. haha"
Apr 30
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"A notable omission.....Painter 2H is missing from the list; came online in Sept. 2018; Spud date 2/28/2018 Surprisingly, SWEPI leads with over 40% of the fraced wells. A total of 24 wells?.....seems like a pretty short list. Why? Price of NG? WAG…"
Apr 30
Bullfrex replied to K2's discussion 'Life expectancy of a utica wells in ohio'
"Agreed bo, Actual prices of NG realized from our producing well pad have ranged from $1.75 to $4.61 in the last 18 months....volatility rules. While we can't control price or decline, a favorable decline makes me happy.....about 2-2.25% (M over…"
Apr 18
Bullfrex replied to K2's discussion 'Life expectancy of a utica wells in ohio'
"In my limited knowledge, the choke of a well may certainly affect the IP and subsequent early production totals, but the E&Ps know their business (for the most part), and choking is the method to ensure the highest EUR for that well....time is…"
Apr 16

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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