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:
- Spudded seven new operated wells and drilled and completed 6 gross (2.7 net) operated wells during the second quarter 2011 in the Marcellus shale. The IP [initial production]…
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Added by paul geiger on September 3, 2011 at 7:21am —
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here is some information to help informed decision for the value of the wet gas in our area . log on to site it has great information as well as a value of the wet gas (here is the website)
http://www.frackcheckwv.net/2011/04/01/%E2%80%98wet%E2%80%99-gas-worth-75-more-7-vs-4-per-thousand-cubic-feet/
Added by Mickgyver on September 3, 2011 at 3:27am —
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Please read the last sentence
A group of more than 400 Carroll County property owners has signed a lease agreement with a Pennsylvania oil company, earning $40 million in bonus money in the deal.
The group, called S.U.R.E. (Standing United Really Excel), signed the agreement June 1 with Rex Energy of State College, Pa.
The members — living in Washington, Augusta, Harrison, Center and Union townships in the central part of the county —…
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Added by paul geiger on August 30, 2011 at 12:30am —
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Found this OTE: Group signed lease with Chesapeake, terms: $5,750/acre and 20% royalty (see website for details)
Area covered: Wyoming County PA
Membership: 45,000+ acres
Added by paul geiger on August 19, 2011 at 1:35pm —
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We own 23 acres in Wheeling twp. We sold 50 acres to people in Cleveland..they are on board to sign with Landowners group..however all the other landowners surrounding us...and they own a lot of land..are totally unresponsive to signing ANY lease with anyone. where does that leave us? Our one neighbor has a producing gas well already with Kimball, so he's tied up and can't really do anything. does anyone have answers to this dilemma? We already have our paper work ready to attend the final…
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Added by Bill VanHorn on August 18, 2011 at 1:00am —
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Does anyone know of companies leasing in crawford county. If so what's the average per acre amount going for in that area.
Added by Dave on August 10, 2011 at 9:25am —
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I am part of a company that is looking to invest in Southwest PA. We have patented water treatment technology and are looking in Westmoreland county for available land. I would like to know what information is out there about frak water. Details like volume of water, location of wells, chemicals used would be most helpful!
Added by Maxwell Posival on August 8, 2011 at 4:56pm —
4 Comments
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…
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Added by Ron Whiting on August 2, 2011 at 4:36am —
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Has anyone looked into forming groups for the landowners who already have their mineral rights leased - but under old contracts?
In Harrison, Tuscarawas, and Guernsey counties, (and probably everywhere else), there are several companies holding mineral rights with working shallow wells that potentially don't have the equipment to reach Marcellus shale. Immediately I think of Redhill (Dover, OH), Tipka Energy (New Phila, OH), and possibly Enervest (TX). Even if Redhill and Tipka can…
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Added by Tuty on July 27, 2011 at 7:51am —
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Dear Fellow Property Owners: My specific interest is oil and gas drilling waste surface containment. I am acutely aware of the ever expanding oil and gas drilling going on in North America and the unpredictable nature of natural birms as a stop-gap should a rupture and/or spill occur.
Your answers to the following questions would be very helpful.
a. What discussions and/or papers are available addressing specifically drilling waste surface containment?
b. What…
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Added by Brian Call on July 27, 2011 at 5:18am —
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Added by Deanna on July 25, 2011 at 3:43am —
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I live near the Bob Carter well near Dempseytown, PA. I have been taking some photos since the the start of the well site. They can be viewed on line by clicking on the following link.
http://pigskinphotos.zenfolio.com/bobcarterwell
Added by Sylvan "Sly" Landers on July 23, 2011 at 2:42am —
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I own land in Poland Twp on Rt.224 and want to get in contact with Lawrence County Group. Would like name and contact number to person in charge. thanks
Added by wayne walkama on July 19, 2011 at 3:31pm —
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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…
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Added by Brett R Oxley on July 12, 2011 at 2:49am —
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A group of pro-business, pro-energy and pro-environment is forming. Three key people are at its core, they are looking for more.
http://connect.freedomworks.org/node/93394
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Added by Gene Water Recycler aka.PPC on July 1, 2011 at 12:40pm —
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Marcellus people who are attending the August 22-25, 2011 Conference please look us up and attend our session.
WATER MANAGEMENT SESSION – CHAIR: GIL BUJANO, TEXAS RAILROAD COMMISSION
• Improved Chemical Reaction Kinetics for Treatment of Frac Flowback Discharge Water Using the ReDox Reactor – Gene Citrone, Jr., Energy & Environmental Sector Projects, Process Plants…
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Added by Gene Water Recycler aka.PPC on July 1, 2011 at 12:30pm —
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Business Busting Regulations
On July 1, 2011 New York environmental officials proposed a ban on drilling for natural gas with hydraulic fracturing in the New York City and Syracuse watersheds and on all state-owned lands while permitting it on private land only under "rigorous and effective controls" codified into state law.
The process of hydraulic fracturing, or "fracing," demonized by…
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Added by Gene Water Recycler aka.PPC on July 1, 2011 at 11:40am —
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New Jersey lawmakers from considering what would be the nation's first statewide ban on the natural gas drilling technique known as hydraulic fracing. The state Assembly and Senate both have votes on the proposed ban scheduled for Wednesday. Gov. Chris Christie, who supports the use of natural gas for energy, has not said whether he would sign a law if it's passed. Natural gas drilling has become an unfortunate contentious political and policy issue for states that put emotion over…
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Added by Gene Water Recycler aka.PPC on July 1, 2011 at 2:00am —
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The U.S. Environmental Protection Agency (EPA) announced the next steps in its congressionally mandated hydraulic fracturing study, identifying seven case studies designed to help inform the assessment of potential impacts of hydraulic fracturing on drinking water resources. The sites identified were selected following input from stakeholders, including the public, local and…
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Added by Gene Water Recycler aka.PPC on June 29, 2011 at 4:59am —
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Follow me and some of the participants as we head to ghana to compare and contrast fracking policies there and in the US here:
http://extraction-environment.blogspot.com/p/bios-of-student-participants.html
The Emerging Leaders’ Extraction and Environment Program (E-LEEP) will be hosted by University of Ghana in Accra, Ghana in July, 2011 as part of a joint arrangement between the University of Ghana and Duquesne University, and is funded by a grant…
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Added by Deanna on June 24, 2011 at 4:04am —
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