Hi - Received an offer from Rice Energy which shows 1/2 bonus paid in 75 days and balance paid one-year from signing. Does anyone know if Rice Energy is normally agreeable to other bonus payment schedules that would better benefit the landowner (like maybe 1/2 in 75 days + 1/2 in 3 months)? Am worried they would not pay the second installment when it comes due. Any advice on this is welcomed!
Added by Suzy on September 19, 2014 at 8:44am — 2 Comments
I have 133 acres in Bradford County near Warren Center does anyone know if any of the companies are currently entering into leases?
Added by Jason Ellis on September 18, 2014 at 4:02am — 3 Comments
Added by Lonnie Ray McFall on September 4, 2014 at 2:43pm — No Comments
Added by Debra Lynn Pennell on August 16, 2014 at 8:00am — No Comments
Anyone in Greene County Pa approached by Hilcorp?
Added by Mother on August 10, 2014 at 6:35am — No Comments
As early as 2011, Range Resources CEO John Pinkerton was already being quoted trying to control his enthusiasm for what he calls a “triple play” in Ohio. Mr.…
ContinueAdded by John H on August 6, 2014 at 9:23pm — No Comments
Cloud-based document exchange and workflow provider for oil and gas industry marks a new chapter with modern visual identity
DENVER and HOUSTON – August 5, 2014 – Oildex, the premier cloud-based document exchange and workflow provider connecting the oil and gas industry, is pleased to announce a refreshed brand. A new logo, tagline, reinvented website, and updated customer materials have been redesigned to reflect a new chapter for Oildex. The refreshed brand conveys the…
ContinueAdded by Oildex on August 5, 2014 at 4:23am — No Comments
In May of 2011, I read the first article about some shale gas being more valuable due to its specific mineralogy. Most LNG’s are sent to a cracker plant to be processed into ethane and used for the vast myriad of plastic products that our society seem unable to do without. There has been much competition and speculation for several years now regarding building just such a facility here in Appalachia.
However, some apparently think the mineral content and DNA of our LNG’s may be…
ContinueAdded by John H on August 3, 2014 at 3:39pm — No Comments
Added by The Crude Oil Trader on July 28, 2014 at 7:09am — No Comments
Does anyone know what's in the works at Gray's Landing? My guess it's something with natural gas, but that's only as guess. Apparently no one in that area is being told until DEP approves permits???
Added by Mother on July 27, 2014 at 1:04pm — No Comments
First Chesapeake said division orders would be coming December 2013. Then they said well started pumping Feb 10, 2014, and we would get money in 4-6 months.In April call center said money coming end of June. That came & went with a promise of August. How long can they legally stall us?
Added by Mary Carter Beary on July 22, 2014 at 10:06am — 2 Comments
The Trenton Limestone:
The Trenton Limestone and accompanying Black River rocks are important in that they serve as the source for much or all hydrocarbon formation in the Appalachian basin. Generally speaking, the Trenton Limestone serves as a cap rock for the underlying Black River source rocks. Because it is not as thick here in Ohio, it has allowed hydrocarbons formed by the Black River group to migrate naturally into the Utica/Pt. Pleasant. To the East, in West Virginia…
Added by John H on July 21, 2014 at 6:17pm — No Comments
Looking for new drilling info for the Tippecanoe area.
ContinueAdded by John A Ralston on July 20, 2014 at 3:34am — No Comments
Anyone approached to lease the Utica in Greene?
Added by Mother on June 30, 2014 at 1:36pm — No Comments
I have 3.125 acres I signed a lease with Hess they sold it to AEP we are in belmont county Pease township, I would sell my minerals I think... With only 3 acres its not going to set me for life right? We could use $ now I had 2 offers they didn't intrigue me enough to sell... how much per acre should I expect? Any thoughts or contacts on selling my minerals let me know
Added by Katie on June 24, 2014 at 7:11am — 3 Comments
Drillers like Ohio for more than just geological reasons. Ohio is ideally located to take advantage of development and commercial networks in both the Midwest and on a national scale. Ohio is within 600 miles of 60% of the US population and more than half of the Canadian population. It has considerable existing infrastructure and one of the most favorable tax/business climates in America. Ohio has zero tax on inventory or corporate income, no tax on investments for inventory or equipment, no…
ContinueAdded by John H on June 22, 2014 at 9:07am — 5 Comments
I have been following your online discussions and feel some work shops and seminars would really help the mineral owners understand our industry. Understand how the current gas price affects the drilling activity, what the producer has to have to drill a 2 - 10 million dollar well.
I teach oil & gas calculations but it isn't all about math. My work is designed for the entry level analyst, but royalty owners in this area need to be brought up to speed on leasing, negotiating,…
ContinueAdded by Sherry Robinson on June 9, 2014 at 1:30am — No Comments
CEO Frank Tsuru of Houston-based M3Midstream is investing over $1B across Eastern Ohio in a rush to get into the Utica ballgame. His enthusiasm is generated by the incredible profit …
Continue
On November 4, 2011, Chesapeake announced a joint venture agreement whereby they agreed to sell part of its holdings in the Utica Shale for $2.3 B. The announcement claimed that CHK would get $649 M from an undisclosed buyer in exchange for a 25% interest in 650,000 acres in Ohio's wet gas and volatile oil window. It's partner, Enervest, would receive $90 M in cash. Further, the buyer, now disclosed as France's TOTAL SA, agreed to pony up $1.5 B toward Chesapeake's drilling…
Added by John H on June 1, 2014 at 11:20am — No Comments
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