"You have some conflicting information here. First you say they were inherited through a will by my mother, but she died without a will in 1977...Are you saying your mother received the oil and gas property from a will and then she died…"
Discussing the Marcellus and Utica Shale
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"Lol. Ok we had this problem when I worked at CNX Energy. Now, I can only speak for West Virginia...but Im sure other states or parts of other states could in theory have the same issue. It turns out that some highways in West…"
"I can see the confusion companies try to make here. Companies sell gas to either midstream transportation owners or the interstate transmission transportation owners at a meter (there are a few rare exceptions). So Antero has a netowrk…"
"Purple Land Management is not the exploration and production company. They are the broker firm that the E&P company hired. Remember that the long term equity is with the royatlies and not the bonus. So...I would try and get the…"
"Do you own all the royalties? You may own the executive rights and not all of the royalty. They are two seperate entities. I am going to bet there is royalty reservation somewhere in the chain title and that share of the royalties…"
"I would not buy CNX with free money from the sky. Just the due diligence of working with those morons is justifiable."
"I am guessing the TL-474 line has something to do with it. Dominions South Marcellus Gate price is right at $1.50 mcf and has been below this mark for sometime until well...this month really. DTI may have set price where they will buy…"
"I hope they have. I still have some old colleagues that still work for them, but I haven't talked to them in a couple of years. A lot of the old guard is still there which leads me to believe that it's probably more of the same."
"Transmission take out has a lot to do with the development of projects. 1. Land position 2. Transmission pipeline take out 3. Legal/title 4.Geology 5. terrain. Pipelines are obviously very important. A lot what is going…"
"I'm going to say pipeline either midstream or transmission may be an issue. I just don't know enough about DTI's network in CPA."
"To be honest I have no idea. I can speculate. I was in a lot of meetings and I can tell you (not just CNX) but these companies have a new agenda about every two weeks. I don't believe Dominion will take gas when the gate price…"
"CNX sold pretty much all of the West Virginia acreage they received from Dominion to HG Energy in 2016 or 2017. A lot of it was contiguous. I don't know what happened to their PA acreage outside of Greene and the Pittsburgh…"
Landownerfarmgas left a comment for Heidlebergman
"Hello: I`m very interested to contact you. My contact with CNX has been greatly diminished for years without any current knowledge of our lease potential. I may be able to offer insights to you, and you to me to understand how CNX…"
"Yes the fee acreage is cheaper and more profitable to drill on. Youre paying yourself the royalties for property that was purchased probably ages ago. CONSOL predecessors bought the minerals for the coal and they ended up with the gas as…"
"CNX has only really been successful unitizing and producing property around their already existing fee-gas acreage (acreage they own the oil and gas). Their largest fee owned areas are Greene County PA and Marshall County WV. Their…"
"Marcellus NGL do not have a hub price. Word on the street is that NGL in the Marcellus go for 60-70% maybe up to 80% of the current WTI crude oil price. 60% of $50.00 is $30.00."
Profile Information
- Introduce Yourself
- Hello
- What is your role?
- N/A
- Which state(s) are you following?
- West Virginia
- What shale plays do you follow?
- Marcellus
Comment Wall (1 comment)
- At 8:24am on April 30, 2020,
Landownerfarmgas said… Hello: I`m very interested to contact you. My contact with CNX has been greatly diminished for years without any current knowledge of our lease potential. I may be able to offer insights to you, and you to me to understand how CNX ticks. They are a confusing bunch. This 7 year plan was like a gut kick to me. Please reply.
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