Jed Clampett
  • Male
  • Corry, PA
  • United States
  • Landowner
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Positive news for the Shell Cracker in PA

Started this discussion. Last reply by Joseph-Ohio Jul 1, 2015. 36 Replies

A couple of positive steps for the cracker.Land purchase as CLOSED they own the Horsehead land PLUS additional land:…Continue

Shell Buying and Selling..in addition to REX deal

Started Aug 14, 2014 0 Replies

"The energy giant announced Thursday that it is selling drilling rights to mature gas producing areas in Wyoming and Louisiana in separate deals in exchange for $2.1 billion in cash and 155,000 acres…Continue

Tags: Tioga, Potter, PA, Shell

Freeport-McMoRan sold its entire portfolio of Eagle Ford Shale assets

Started this discussion. Last reply by 0i7okn54zwbdo May 8, 2014. 1 Reply

Looks like the Utica is not the only shale play companies are running away from...…Continue

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Latest Activity

Jed Clampett replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"Is not SWEPI the exploration division of Shell, and they ARE building a cracker in the area, so why would they sell of acerage?  Seems they could just sit on it for decades also until needed for their cracker.  They SWEPI seems to have…"
Apr 25
Jed Clampett replied to markkot's discussion 'Gathering line runs through property (Crawford Co. PA) with no evidence of ROW agreement.'
"The original lease the the well was drilled under probably granted gathering line permission.  There is probably nothing you can do or get from them, unless they wanted to install more lines."
Dec 10, 2018
Jed Clampett replied to deutchen's discussion 'Well Location Fee'
"Don't take a 1 time payment, it should be a annual (5 or 10 year) lease, with payments to renew each term, including increases ties to inflation or other economic indicators.  Look at it almost like you are renting them a house or cropland…"
Sep 24, 2018
Jed Clampett replied to Shower Bath's discussion 'Chesapeake Energy announces the sale of their Ohio Utica Shale for 2 billion'
"ALL CAPS MEANS YOU ARE IN A CONTRACT ??  What junk food box did you get your law degree from??  They are slick and most people are fools for signing signing something they didn't even read or understand if they did read it. …"
Aug 9, 2018
Jed Clampett replied to william george allison's discussion 'land access question'
"They have a right to recover the minerals/gas/oil, but I believe they must still respect your ownership rights to the surface/access.  I know in some cases the mineral owners may have the right to rip up your surface to get the…"
Jun 26, 2018
Jed Clampett replied to Fast's discussion 'Royalty checks & a Trust'
"How is the check issued, if it is to you personally AND the trustee, then the bank should accept it if all parties have signed.  I have been researching land trusts for other property issues. If checks, deeds, etc are written to XYZ Trust then…"
Jun 14, 2018
Jed Clampett replied to Paul Heckbert's discussion 'sprinkling fracking/conventional wastewater "brine" on roads has spread carcinogenic radium'
"Sand might help with winter traction, but brine is useful in both winter and summer.  in winter the salt in/on the dirt/gravel road melts ice (but also softens road, limiting heavy truck use), in the summer, the salt absorbs moisture from the…"
Jun 8, 2018
Jed Clampett replied to Bluejack Farms's discussion 'East Ohio Oil and Gas LLC'
"Looks like they are plugging back a horizontal in the Knox formation and then drilling into the Rome formation."
Jun 1, 2018
Jed Clampett replied to jason irvine's discussion 'Asking for help regarding signing pipeline easement'
"I still think a 1 time payment for forever use of your land is giving it away.  I feel they should pay every year the pipe in in the ground.  X dollars per foot of line for you to forever lose the use of that land, your heirs get nothing…"
Apr 3, 2018
Jed Clampett replied to Donald K. Taber's discussion 'Lessee Payments'
"I would insist on the % matching in the entire document.  Try to get the "After Expenses" clause removed, otherwise you will get very little as they will charge any and every expense possible to keep more of your money.  I…"
Mar 6, 2018
Jed Clampett replied to Bluejack Farms's discussion 'East Ohio Oil and Gas LLC'
"http://oilandgas.ohiodnr.gov/well-information/well-search-definitions TD Formation - Geologic formation at total depth of well. Prod. Form. Geologic formation(s) from which oil and/or gas is produced."
Jan 10, 2018

Profile Information

What is your role?
Landowner
Which state(s) are you following?
Pennsylvania
What shale plays do you follow?
Utica

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At 11:27am on April 26, 2013, uncle sye said…

Hello Jed, and thanks for the reply. That was the same theory that I had, but I wanted to see what others thought of this. Not sure how true this is, but I was told a test well will be drilled sometime in 2014 not far from Blue Eye Road and Baker Hill/ Ridge Road area. Again, not sure how truthful it is, but that is what what said. I figure with 50 acres, they can';t just pass me up and leave me out or go around, they will sign us eventually. I wasnt so concerned with the ammount of the bonus money, but the lack of good "language" in the lease. Don't get me wrong, I would like to get more than 1500/acre and 15% royalties, but the language in the lease needs to be a little better in my opinion. Pugh Clause, no deductions, pipelies, etc...

Jed, what do you think of the people trying to market the land in Columbus Twp...Rapid Realty I believe is their name, sounds like a bad deal to me..they get a hefty part of your bonus and I believe any royalties over 15%. I wont be signing up..

 
 
 

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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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