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Freestar replied to farmgas's discussion 'XTO Energy -Winslow 6HU Well'
"Its my understanding that Exco will ceast to exist under its current name."
Dec 7, 2018
Freestar replied to farmgas's discussion 'Where do we go from here?'
"Guys there is no conspiracy. Most operaters simply never make money in the Utica and Marcellus. Only the best operators can make it long term hence why so many outfits have gone bankrupt or selling assets at fire sale prices. You really need NG to…"
Oct 2, 2018
Freestar replied to rob's discussion 'Indiana County Marchand Unit'
"These Utica wells are awfully expensive so you need i/p's above 5-6 Mmf/d to continue exploring. Ultimately wells are judged on EUR but its a good sign that a well is generating that in an area with a history of marginal wells. I don't…"
Sep 15, 2018
Freestar replied to rob's discussion 'Indiana County Marchand Unit'
"Thats a good sign for Central PA if XTO's well is putting out 14MMCF/day."
Sep 15, 2018
Freestar replied to rob's discussion 'Indiana County Marchand Unit'
"I would take those statements from CNX with a grain of sand. Would you expect them to tell their shareholders that effectively thousands of leasehold acres will no longer be explored for? Would probably ding their market cap a bit. Very possible…"
Aug 3, 2018
Freestar replied to farmgas's discussion 'Marcellus/Utica Shale Gas Prospects in Central PA'
"So where is the mad dash for leasing in central PA? The Marchand and Winslow just killed new drilling for years. I know you have property in the area but the hype is over for now."
Jul 2, 2018
Freestar replied to farmgas's discussion 'Marcellus/Utica Shale Gas Prospects in Central PA'
"I think all of these counties offer "potential". Problem is they don't offer near as much potential as the core areas. Another issue hurting the demand for drilling these areas is most of the acreage is already held by shallow…"
Jun 28, 2018
Freestar replied to rob's discussion 'Indiana County Marchand Unit'
"Once the well has first sales it can take as long as 6 months to receive your first check depending on the operator. Only way checks are coming in a few weeks is if division orders have been received and the well has been producing at least since…"
May 7, 2018
Freestar replied to rob's discussion 'Indiana County Marchand Unit'
"If first sales started then you are likely looking at first payment in late June or July since they have 60 days to make payment on gas."
May 1, 2018
Freestar replied to Edward A Prada's discussion 'Shell surrenders leases in Mercer County. What’s next'
"Until the demand for gas significantly increased then anything not considered core areas will be abandoned. There's definitely gas there but it doesn't matter when 25-30 MMCF WELLS ARE COMING ONLINE."
Apr 23, 2018
Freestar replied to rob's discussion 'Indiana County Marchand Unit'
"Don't be surprised if this is a bad well. Its not considered to be in the core of the Utica. Anything above 15Mmcf/d would probably be considered a welcomed surprise."
Apr 13, 2018
Freestar replied to Donald K. Taber's discussion 'Lessee Payments'
"Do not do anything until you have found an oil and gas attorney to work with Chief. You have way too much acreage to work with them directly. An oil and gas attorney will get you the highest royalty and bonus Chief will pay. Could amount to the…"
Mar 6, 2018
Freestar replied to rob's discussion 'Indiana County Marchand Unit'
"Only if the well is favorable"
Feb 25, 2018
Freestar replied to deborah cunningham's discussion 'Any dealings with these mineral buyers?'
"Consolidation of operators in PA, OH through M&A and Bankruptcy has lowered demand for leasing. There are many entities out there still willing to lease your interest but are too small to drill. Instead they are looking to…"
Feb 24, 2018
Freestar replied to rob's discussion 'Indiana County Marchand Unit'
"You guys are going to have to be patient on this. It will be another 4-5 months before this goes into first sales at least."
Feb 22, 2018
Freestar replied to J.M.'s discussion 'Chevron Offer'
"They care much less about the unleased tracts than the shape of the Unit. All of the newer units are very long and skinny to accommodate for the longer laterals being used. More and more people will be left out or have partial acreage in a unit…"
Jan 25, 2018

Profile Information

What is your role?
Landowner
Which state(s) are you following?
Pennsylvania
What shale plays do you follow?
Barnett, Eagle Ford, Marcellus

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Forgotten Men and Women of Canadian Energy Industry Protest

Posted by Thomas J Shepstone on January 4, 2019 at 10:37am 0 Comments

The forgotten men and women of the Canadian energy industry are mad as hell and not taking it anymore. They’re protesting in their trucks and it’s spreading.

Whenever I go to New York City, which is as seldom as…

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