'What is the difference between upstream and downstream in oil and gas?'
As upstream continues to face a challenging operating environment and opportunities open up in other segments of the industry, we've seen this question asked over again - whether on Linkedin or within our…
ContinueAdded by Doug Stetzer on March 1, 2016 at 9:42am — No Comments
By Keith Mauck
Today's headlines are fearsome. Yet amid the bad news, there is hope for greater U.S. security through energy.
Gone are the days of stressing over OPEC and oil-supply disruptions; that 40-year nightmare is over. Today, we're experiencing an oil and natural gas boom that promises to strengthen the country.
Rising U.S. crude production generates huge economic benefits. Oil…
ContinueAdded by Keith Mauck (Site Publisher) on February 9, 2016 at 5:30am — No Comments
We own a tract of land that has had a gas lease since the middle 70's. It was renewed and had a Coal Bed Methane Lease added to the original along with modifications to the original gas lease in 2008. We conducted an audit in 2014 that actually did not start until 2015. Much to our surprise we found the lease had been totally mismanaged, and the terms of the lease were not being followed. Things such as royalties were being paid to the wrong person, Deductions were being taken that…
ContinueAdded by Fred Brown on February 8, 2016 at 9:21am — 3 Comments
Oil companies are hemorrhaging money. The oil market is in its worst downturn in decades. The price of oil has plummeted 72% since June 2014. Oil is trading below $30 a barrel for the first time since 2003.
If you’ve been reading the Dispatch, you know the world…
Added by The Crude Oil Trader on February 5, 2016 at 5:19am — No Comments
Added by Keith Mauck (Site Publisher) on February 1, 2016 at 5:00am — No Comments
According to Marcellus Drilling News, Noble Energy - a major player in the Marcellus/Utica, has announced plans to cut dividend payments for its common stock by 44%. In addition, they will also be lowering their 2016 Capex by 50%, meaning less drilling and completion activity will take place in 2016 than we saw in 2015.
This move, however, is not unique to Noble Energy. Over the last several weeks we have seen many operators such as Chesapeake and Rex Energy suspending stock…
ContinueAdded by John Sabia on January 29, 2016 at 5:02am — No Comments
Added by Keith Mauck (Site Publisher) on January 28, 2016 at 3:30pm — 2 Comments
Does anyone have a good attorney in Sullivan that deals with royalty interests? I'm in the process of divesting some interest and need some help with the title switch.
Added by Andrew Hamm on January 26, 2016 at 7:19am — No Comments
Added by The Crude Oil Trader on January 4, 2016 at 5:41am — No Comments
New Mexico’s oil and…
Added by Bob Perkins on October 31, 2015 at 11:54am — No Comments
Added by Bob Perkins on September 27, 2015 at 11:43am — No Comments
New Mexico has a wealth of energy resources. And now it has a comprehensive plan to help guide development of those riches to grow the…
ContinueAdded by Bob Perkins on September 20, 2015 at 4:55pm — No Comments
Added by The Crude Oil Trader on September 7, 2015 at 1:17am — No Comments
Added by The Crude Oil Trader on August 19, 2015 at 8:04am — No Comments
I was voice messaged from a ROW agent with interest in my 40 acres in Monroe Cty, Franklin Twp, OH (724 West, near Noble Cty. line). Is anybody aware of recent ROW activity in this Twp./area? Is it transmission, gathering, or other?
Added by Mark Mobberly on July 31, 2015 at 3:17pm — No Comments
I was voice messaged from a ROW agent with interest in my 40 acres in Monroe Cty, Franklin Twp, OH. Is anybody aware of recent ROW activity in this Twp.? Is it transmission, gathering, or other?
Added by Mark Mobberly on July 29, 2015 at 2:52pm — 5 Comments
Does anyone have any information on activity by Gulfport in Guernsey county Oh. I don't see anything on this site about Gulfport. My lease with them will be up in 6/2016 and just wondering if they have any plans to drill in next year around Winterset and Birmingham? Any information would be appreciated. Donna
Added by donna hatch on July 27, 2015 at 8:27am — No Comments
"So, when drillers elsewhere were getting maybe $2.75 per mcf for their gas, in Ohio: “On July 4, I saw Utica gas sell for 64 cents,” said Ohio Oil and Gas Association executive vice president Shawn Bennett in a recent interview.
To be fair, that’s a strikingly painful price, even for the Utica. But that same day in mid-July, Bennett looked up the price of Utica gas while the Henry Hub price was $2.80, and found that Ohio drillers were only getting about $1.12 for their gas. That’s…
ContinueAdded by Bob Shaw on July 24, 2015 at 10:43pm — No Comments
http://www.daily-times.com/four_corners-news/ci_28389990/column-geo... For the complete article by Dr. Fine use this link
The Saudi-OPEC price war is now nine months old. Two OPEC meetings have passed without revisions or changes in strategy. It is a war against high-cost unconventional American…
ContinueAdded by Bob Perkins on June 27, 2015 at 3:43pm — No Comments
A few years ago I was a member of the group but my computer crashed. Recently I decided to renew my membership. I asked a question and it appeared. However there was no replies. And then my inquiry disappeared after about three days.
I own 73 acres in Westfield Township in Tioga county. The property has…
ContinueAdded by william Allen. Ladd on June 17, 2015 at 12:49am — 3 Comments
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AboutWhat 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 ] |
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