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Adding Value to Your Lease Terms

When you are negotiating your lease, be sure to review the royalty payment terms to see how the gas value you will be getting your royalty percentage of is to be calculated. In my part of the country, the land people don't necessarily know about the different ways gas can be valued, and if your gas has high NGL (gas liquids) content there could be additional value that neither you nor the producer is getting unless you are considering them in your contracts.



Some of the midstream… Continue

Added by Anne Keller on November 24, 2009 at 6:30am — No Comments

Weekly Email (November 24th)

Shaler,



Are you on Facebook? GMS is. Add me as a Facebook friend. Find me here.



I had a site member ask me about about discussions regarding drilling activity in other shale plays. He was specifically referring to the Utica and Herkimer shale plays. GMS definitely should be a place to discuss these other shale plays with the Marcellus shale serving as the Umbrella under which ALL other exploration &… Continue

Added by Keith Mauck (Site Publisher) on November 24, 2009 at 5:30am — No Comments

A Little Help Needed - Breaking into Marcellus Opportunities

I work for a heavy highway construction company that is interested in breaking into the Marcellus activity around PA and WV. We are looking to get into well site preparation, access roads, and possibly anything else involved in the early stages of well production. I have been to many websites and recently attended the PA Natural Gas Summit at Penn State, but wanted to see if anyone on here had any good ideas on obtaining info, making contacts, or breaking through into the natural gas industry.… Continue

Added by Matt Kurth on November 23, 2009 at 3:16am — 9 Comments

New York horizontal drilling and fracking COULD BE BANNED - Stories from the NY DEC Hearings

In case you were not aware, all marcellus shale gas drilling in New York State has been on hold for over a year now. This came about because the City of New York decided that hydro-fracking anywhere in NY state would poison THEIR watershed (it started out as the watershed and is now the entire state).



All kinds of extreme "environmental" groups in NY city got together and held campaigns in every borough over the past year to "raise awareness" (in other words, spread bad information… Continue

Added by Robin Fehrenbach Scala on November 20, 2009 at 5:00am — 12 Comments

Need Oil/Gas Attorney Recommendation

Hi! Looking for a reputable attorney in Washington County to handle a Marcellus Shale natural gas lease. Any recommendations (or tips on who to stay away from!)? Thank you.

Added by Suzy on November 19, 2009 at 11:49am — No Comments

The President Promotes Shale Gas...in China?

Don't know about you, but I've anticipated the day that Obama would speak to the issue of shale gas and now he has.



"The two Presidents announced the launch of a new U.S.-China Shale Gas Resource Initiative. Under the Initiative, the U.S. and China will use experience gained in the United States to assess China’s shale gas potential, promote environmentally-sustainable… Continue

Added by Keith Mauck (Site Publisher) on November 18, 2009 at 5:30am — 4 Comments

Lease legality, Dealing with a Lousy Company and a Grandfathered-In Lease

Does anyone know anything about getting out of a bad lease that was in place when we bought our property? We bought 103 acres that has 15 gas/oil wells in terrible shape but still producing. We did not sign anything conserning this lease and it is my understanding that the company can work the lease as long as they like and we don't have any say in how it is handled. We have constant leaks which we bring to their attention to no avail. Our property is littered with broken pipes and rusted out… Continue

Added by Kathleen R Moss on November 17, 2009 at 9:13am — 6 Comments

Weekly Email

Shaler,



I want to welcome the influx of new members that have joined over the last couple of weeks. This site is well on its way to becoming a valuable tool for organizing and sharing information on the Marcellus.



There are a few things that will make this site extremely useful; let me share.



1. Inviting your friends and neighbors. - Like any movement, word of mouth is huge in… Continue

Added by Keith Mauck (Site Publisher) on November 16, 2009 at 10:30am — 1 Comment

Lease legality

As I understand usual leases, all parties to the agreement sign. In a typical gas lease, the land owner signs, and is witnessed by the landsman. The actual oil/gas company doesn't sign. Does this make the lease either illegal, or less binding, or act as a weasel clause for the oil company to walk away from property/aquifer destruction claims? Clarification would be most appreciated.
Dan

Added by daniel cohen on November 16, 2009 at 6:25am — 23 Comments

Kill the Drill? How about we "Kill their Switch "?

It's nice to be getting hyperbolic lectures from the biggest contributor of trash... a city that itself has littered the eastern shores of this nation with medical waste and used tires...fortunately, for them, the city has the $$$ to somehow always pay off an outside state to accept their litter.



Maybe the east coast should launch their own campaign against the largest purveyor of filth… Continue

Added by Keith Mauck (Site Publisher) on November 10, 2009 at 8:30am — 2 Comments

Government Database of Oil and Gas Research Now Available

Washington, D.C. — The U.S. Department of Energy plans to introduce a new, user-friendly online repository of oil and natural gas research results at the Society of Petroleum Engineers' Annual Technical Conference and Exhibition, to be held in New Orleans, La., October 4–7, 2009.

By providing easy access to the results of nearly four decades of research supported by the Office of Fossil Energy’s Oil and Natural Gas Program, the knowledge management database could ultimately help boost… Continue

Added by Robin Fehrenbach Scala on November 4, 2009 at 4:04pm — No Comments

Natural Gas Squeezed Out Once Again

Far Left Wackos - Check

More Sensible "Greenies" - Check

The Coal Companies - Check

The Unions -… Continue

Added by Keith Mauck (Site Publisher) on October 28, 2009 at 10:30am — 4 Comments

History of our gas lease

Our camp has almost always had a lease on it for gas/oil of some sort. We used this for a little extra income. Most of these were in the $5 acre range. We just looked at it as if nothing would happen.



Then a lease expired and suddenly the terms got more favorable for us. Not great but better. this was a $20 acre year 1 then $5 for the remaining 4 years.



Then the boom hit midway or sooner. We got a one time option for $300 or so acre. Which is where we are… Continue

Added by Theodore Koncsol on October 26, 2009 at 6:40am — 4 Comments

Pennsylvania = Saudi Arabia of Natural Gas (Video)

A quick video intro to the significance of developing the Marcellus shale play featureing Penn State's indefatigable Dr. Terry Engelder who "talks turkey" about what policy makers should be taking away.

Added by Tom Copley on October 15, 2009 at 8:00am — No Comments

Tom, In your opinion, we have an offer in se allegheny county of 1000 and 17%. Assuming the lease language is favorable, is this a competitive offer. Thanks, Scott

Tom, In your opinion, we have an offer in se allegheny county of 1000 and 17%. Assuming the lease language is favorable, is this a competitive offer. Thanks, Scott

Added by scott m on October 13, 2009 at 5:59am — No Comments

Developing Unconventional Gas (DUG) East Conference Moves Location to Acommodate More Attendees

From Hart's Press Release.



"Houston, TX (October 5, 2009) – Due to the overwhelming response, Hart Energy Publishing announces the inaugural Developing Unconventional Gas (DUG) East Conference in Pittsburgh, Pennsylvania, on Monday, October 19, 2009, is relocating from Westin Hotel to the adjacent David L. Lawrence Convention Center, 1000 Fort Duquesne Boulevard, in downtown. The Westin and the convention center are located across the street from each other and are connected… Continue

Added by Keith Mauck (Site Publisher) on October 6, 2009 at 5:30am — No Comments

Different offers

I've had visits from East Resources and Little Pine, any comments on either????

Added by Robin Maines on October 5, 2009 at 1:34am — No Comments

Nat Gas Rate around 4.8 Almost double what it was 4-6 weeks ago.

Looking for your valued opinions, do you think the above will bring out more players and bring up the lease and royality rates along with it. I am in SW Pa. Thanks to all. Scott

Added by scott m on October 1, 2009 at 5:14am — 2 Comments

Chesapeake and Range execs call for disclosure of frac chemicals

Aubrey McClendon, CEO of Chesapeake Energy, and John Pinkerton, CEO of Range Resources have both called for demystifying the chemicals used in… Continue

Added by Tom Copley on September 24, 2009 at 2:31pm — 6 Comments

Did you hear the NPR Story on the Marcellus

If not here it is

Added by Keith Mauck (Site Publisher) on September 23, 2009 at 2:41am — No Comments

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