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 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
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
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
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
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
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
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
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
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
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
Jed Clampett replied to scott m's discussion 'Fresh water frack pond'
"Start with what they are offering per acre (pond and pipeline) and then consider other uses of the land (crops, pasture rental, etc) to get a fair value.  Having the pond and pipeline may mean less truck traffic to the site (which would not get…"
Jul 12, 2017
Jed Clampett replied to NYPAShale's discussion 'The new land rush in rural New York: solar farms'
"unless you could still do some grazing under/around the panels.  The panels would have to be high enough to prevent animal damage, but it would also prevent the ground from becoming overgrown or having to mow around all the panels."
Sep 20, 2016
Jed Clampett replied to Jules Bartlett's discussion 'How to determine Fair Market Value of Existing Gas Well'
"Also consider that you will then be responsible to plug the well when production ends.  Your statement about producing modest royalties is a bit confusing, if you own the well you own all production, and have to pay the mineral owners the…"
Sep 20, 2016
Jed Clampett replied to coyco's discussion 'Access Road'
"I would try for an annual rental - or even one payment every 5 or 10 years.  They stop paying, you stop granting access.  Think about how long they will be using this land, while you and heirs pay taxes.  A few thousand dollars today…"
Oct 23, 2015
Joseph-Ohio replied to Jed Clampett's discussion 'Positive news for the Shell Cracker in PA'
"Seems to be a weird world friend."
Jul 1, 2015

Profile Information

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

Comment Wall (1 comment)

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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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Those French Fuel Riots and the “Great Wall of Cuomo”

Posted by Thomas J Shepstone on December 3, 2018 at 10:33am 0 Comments

The French fuel riots demonstrate what can happen when ordinary people are denied the basic necessities of life by “let them eat cake” elitists with agendas.

The French Revolution is hardly a thing to be admired,…

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