I do have a BCLG lease... I'm fairly certain the production numbers used in the Marcellusgas.org calculator use an average of the reported production from the wells in the township. If what you say about this calculator…"
"Looking for a little help comparing this example royalty calculator (attached) to what the initial results are from the Renick wells... I'm not sure how to equate the 32,854MCF from the first month to the Renick results?? I know…"
"Jon, I'm not sure what you find bad about the terms in the BCLG for a lease renewal?? The renewal is for the exact amount of the initial lease ($3250). Unfortunately, if our leases are left to expire, we will be extremely…"
"I'm pretty sure that is the 18 mile long Edgemarc pipeline coming from the pads they are putting in off of Mahood road (between rt308 and rt38). I think it's Oakland and Concord township's where the pads are going in."
"I think once the leases were signed, the BCLG pretty much dissolved, but Doug was the primary POC up until that point. Without going into the details, we signed for 18% with no deductions. There were lease renewal and HBP details as…"
"I haven't seen the other SWEPI leases, but we in the BCLG had a lot of addendum's and lease renewing stipulations put in place during the negotiations so i would be surprised if they were all the same..."
"Perhaps it's nothing more than none of the other companies who already have a vested interest in Butler County were willing to pay $120 million in Cash... Nothing to worry about as far as I am concerned...Shell has been unloading assets…"
"So your saying that you never get lied to by the people you get your information from...okay...lol Also, just because the information comes off of the Internet, DOES NOT make it irrelevant. Every reputable organization in the…"
What 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 ]