'Being new to the group, I have some learning to do. I am selling my surface land and retaining all mineral rights. I want to allow the buyer to have rights for a gas well for his home use and to share half of the royalties if any from that well. I understand that the deep well/shale drilling production does not present gas useable for surface owner use. If that is correct, would limiting drilling to a shallow well level for his purposes affect my right to deep well gas leasing? Also, if…
ContinueAdded by William A Thorman Jr on April 5, 2012 at 11:50am — 3 Comments
First and foremost, anytime a gas or pipeline company wants you to sign ANY document you must thoroughly understand the document and any and all consequences that may result upon execution of the document. Unfortunately, I have seen landowners lose hundreds of thousands and even millions of dollars where they blindly executed legal documents without fully understanding their leverage and options. Please do not repeat these costly mistakes and make certain you understand the document…
ContinueAdded by Douglas A. Clark, Esq. on April 3, 2012 at 9:00am — 7 Comments
My name is Daniel, and I'm the new media director for Ann and Phelim's upcoming film: FrackNation. I'm responsible for our social and digital media efforts like our Facebook page and Twitter account among others.
If you haven't heard about FrackNation, I highly encourage you to visit our website or…
ContinueAdded by Daniel T. Richards on March 25, 2012 at 7:30am — 2 Comments
This site is the greatest thing since bubblegum.
It keeps the guys from stopping by the bars on their way home from work. It gives us old fogies something to do all day. It may be helping a few pocket books by giving us an idea of when to lease and how much to expect. It gives us someone to talk to. We can pick others brains and let others know how smart we are and how rich we are getting. It may be keeping a few oilmen honest if that is possible. Thanks again to all.
Added by Marinell on January 6, 2012 at 12:52pm — No Comments
”Well Site Safety And Security In Pennsylvania; Part I”
By: Robert A. Young
This is part one of a two part series dealing with and ensuring oil and gas well site safety and security in the “Keystone State”. Part two is entitled: “ Some More Suggestions For Safety And Security Operations At Oil And Gas Well Sites In Pennsylvania “ , will appear on this blog shortly. So, be sure to look for part two sometime next week or so.
When the world famous writer…
ContinueAdded by Robert A. Young on December 5, 2011 at 7:00am — No Comments
Like Land And Water; Oil And Gas Are The Peoples’ Resources
By: Robert A. Young
The “Marcellus Shale Play” is as much about people as it is about the precious product and corporate profits.
Like many Bradford County, Pennsylvania residents, my family roots also run deep into the history of the “endless mountains.“ However, uniquely; most of my early life was spent in the urban centers of Philadelphia and Northern New Jersey, where I was educated,…
ContinueAdded by Robert A. Young on November 23, 2011 at 3:00pm — 11 Comments
October 3, 1863
By the President of the United States
A Proclamation
The year that is drawing toward its close has been filled with the blessings of fruitful fields and healthful skies. To these bounties, which are so constantly enjoyed that we are prone to forget the source from which they come, others have been added, which are of so extraordinary a nature that they cannot fail to penetrate and soften the heart which is habitually insensible to the ever-watchful…
ContinueAdded by Keith Mauck (Site Publisher) on November 22, 2011 at 8:19am — 2 Comments
“{“Breaker-Breaker”}…Fracking and Trucking Safety”
A few months ago, the Daily Review newspaper in Towanda, PA featured a letter to the editor calling for policing gas and oil wells in Pennsylvania for public safety reasons.
If you ask most people who live and work at the supposed epicenter of the “Marcellus Shale Play”; Bradford County, PA,…
ContinueAdded by Robert A. Young on November 14, 2011 at 10:00am — 1 Comment
Keith: Tell us a little bit about your background.
Mary: I’ve been the lead attorney for Encana’s US operations since 2001. Originally I got into the business as a joint interest billing clerk for a small independent, eventually did production tech and land work at Anadarko and Chevron. Then law school…
ContinueAdded by Keith Mauck (Site Publisher) on November 9, 2011 at 8:30am — No Comments
Not All Terms are Created Equal
Many landowners who have familiarized themselves with the Marcellus Shale natural gas leasing process have learned certain “key phrases” or “key terms” that are valuable to the landowner when evaluating an Oil and Gas Lease Addendum. However, landowners must be aware that ALL ADDENDUM HEADINGS ARE NOT CREATED EQUAL.
As an example, one of the most important landowner friendly terms to be included…
Added by Douglas A. Clark, Esq. on October 28, 2011 at 5:30am — 4 Comments
Rick Smead is a veteran in the natural gas industry. If you have read anything on shale gas reserves, you have have probably read something that he had a hand in creating. This come-lately niche has led to 100 speeches on the topic over the last 3 years. Rick was holed up in a Washington D.C. law firm for a few days serving as an expert witness. I went in and met with him to discuss his…
ContinueAdded by Keith Mauck (Site Publisher) on October 27, 2011 at 3:18am — No Comments
Many landowners across Pennsylvania are receiving solicitations by companies, partnerships, and even hedge funds seeking to purchase their Marcellus Shale natural gas rights. It is critical to understand whether these solicitations are for a permanent purchase of your Marcellus Shale gas rights, or whether you have received an offer to lease your Marcellus Shale gas rights.
Many individuals may be confused when they receive these…
ContinueAdded by Douglas A. Clark, Esq. on October 4, 2011 at 9:00am — No Comments
Added by Brad Emmer on September 18, 2011 at 6:52am — 1 Comment
All of the major, publicly-traded companies drilling into the Marcellus Shale have reported their second-quarter earnings. Thanks to SeekingAlpha, transcripts from those calls are publicly available and easily searchable.
Here are some of the major takeaways in the reports:
Exco Resources:
Added by paul geiger on September 3, 2011 at 7:21am — 1 Comment
Hello, I am new here, and new to the oil and gas business. I wish I would have found this site a few years ago, here is my situation. I live in southeastern Geauga county about a mile from the Trumbull co line. There has been a lot of drilling activity in the area since about 2007, I had a lease with Wilkes Energy and they actually had a permit to drill in 2008 (permitted well site no. 21997 on the ODNR map) but never drilled a well. The lease was sold to Range Resources who I sign a two…
ContinueAdded by Ron Whiting on August 2, 2011 at 4:36am — 2 Comments
Hello folks, I thank you for your answers and help in advance on my hopefully intelligent questions regarding well royalty payments, versus well production and verificatin of both.
I live on the NW corner of Mahoning County, just south of the Mahoning/Trumbull county line near SR534 & I76. Cheaspeake, recently (last fall 2010) drilled a series of wells, both the main vertical and several horizontal wells on my neighbors land. They are currently digging a line from the…
ContinueAdded by Brett R Oxley on July 12, 2011 at 2:49am — 8 Comments
Added by Garrett S. Hoge, RFC, CFP, MS on March 21, 2011 at 5:50am — 4 Comments
Added by Garrett S. Hoge, RFC, CFP, MS on March 10, 2011 at 5:52am — 1 Comment
For those Shalers following the lawsuit brought against Cabot O & G by residents of Dimock, PA, some initial rulings by the Federal Court's Judge Jones have largely gone against the defendant. Cabot had sought to dismiss or otherwise strike several of the plaintiff's claims. I'm curious exactly why this case ended up in Federal Court instead of a State one. Anyone know?…
ContinueAdded by Tom Copley on January 28, 2011 at 7:51am — No Comments
Added by Ken Zupp on February 3, 2011 at 6:46am — No 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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