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Jim Litwinowicz's Discussions

Rumor; ExxonMobil Cracker plant?

Started this discussion. Last reply by Jim Litwinowicz on Saturday. 3 Replies

Rumor has it that ExxonMobil is looking for land to build a cracker plant along the Ohio River. Seems they have been talking to landowners in Beaver Co but some say it go to W Va.PTT is expected to…Continue

Laurel Mountain in Clarion Co

Started Oct 9 0 Replies

Laurel Mt was supposed to drill a well just south of the Clarion River. l heard the pad was cleared in the spring but haven't heard of anything since.Any news?Continue

Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,

Started this discussion. Last reply by paleface Apr 26. 18 Replies

according to shaledirectories.com     No price given.“This transaction further bolsters the company’s deep Utica rights in the oil and wet gas windows of the play,” said Mark Van Tyne, Pin Oak’s…Continue

EQT accuses two employees of massive data theft

Started Feb 26 0 Replies

Seems these two stole a huge amount of critical data like proprietary fracking techniques, maps of shale fields, and much more. Seems they knew they were about to be fired so spent days downloading…Continue

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Latest Activity

Jim Litwinowicz replied to Jim Litwinowicz's discussion 'Rumor; ExxonMobil Cracker plant?'
"Maybe the Bruce Mansfield retired coal plant site? Veerrryyyy interesting......"
Saturday
Brad replied to Jim Litwinowicz's discussion 'Rumor; ExxonMobil Cracker plant?'
"I heard of a rumor about a cracker plant being built between Aliquippa and Shippingport along the Ohio River."
Friday
farmgas replied to Jim Litwinowicz's discussion 'Rumor; ExxonMobil Cracker plant?'
"3 Crackers would be nice.   Would ExxonMobil expand their expand their drilling side of the business?  XTO Energy is drilling in PA now.   Would they consider buying another gas company to expand their drilling group?  "
Friday
Jim Litwinowicz posted a discussion

Rumor; ExxonMobile Cracker plant?

Rumor has it that ExxonMobil is looking for land to build a cracker plant along the Ohio River. Seems they have been talking to landowners in Beaver Co but some say it go to W Va.PTT is expected to announce a full go financial decision after the first of the year.  That means there would be three crackers in the App Basin. Thats a lot of jobs and demand for raw materials which would mean more wells drilled.See More
Friday
Jim Litwinowicz posted a discussion

Laurel Mountain in Clarion Co

Laurel Mt was supposed to drill a well just south of the Clarion River. l heard the pad was cleared in the spring but haven't heard of anything since.Any news?See More
Oct 9
Jim Litwinowicz replied to farmgas's discussion 'What will the gas industry look like in 2020 and beyond?'
"Yeah, you know things. The government is going to take over every  E & P next year.   Ooooohhhhh kkkkaaaayyyyyyy!!!!!"
Sep 29
Old Timer replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"final legal resolution in the bankruptcy matters of Exco and the issues Shell encountered via the BG Group purchase, which included the 50/50 between Exco/BG , appear resolved in 1st qtr 2018.  the Pin Oak sale was mostly East Resources acreage…"
Apr 27
Old Timer replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"yes"
Apr 26
paleface replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
Apr 26
paleface replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"OT,BG British gas co?"
Apr 26
Old Timer replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"Paleface. the Shell BG deal was first qtr. 2016. actually gave them good ground in Sullivan which then went nowhere with 50/50 Exco. since then i believe Shell's out Sullivan and CHK hit a mega well. the announcement regarding all giddy focus…"
Apr 26
paleface replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"OT,was that meeting before the BG purchase.Since the purchase of BG Shell seems to have a different focus."
Apr 26
Old Timer replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"that would  be newsworthy. Tonya Williams announced @ last june 2018 Dug East they would concentrate on 250000 Tioga acreage and everything else was for sale including 150000 Bradford. that would be a headsnapping 180 in less than 10 months."
Apr 26
paleface replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"Yes."
Apr 26
Old Timer replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"they already have leased or HBP most of their Tioga co. acreage. i believe they may be maintaining expirations. the surrender activity in our neighborhood looks like a Montgage boundary adjustment since i know the landowners and how the companys…"
Apr 26
Old Timer replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"Paleface. would that be their Tioga co. core acreage?"
Apr 26
Ralph cramdon replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"Very few new leases in Tioga by Shell in the past few weeks ........"
Apr 26
paleface replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"Shell is actively trying to sell there Utica area in nc pa.They have bids they are considering.Its like a house with a for sale sign on it."
Apr 26
Old Timer replied to Jim Litwinowicz's discussion 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
"appears SWEPI [Shell] is consolidating their highest production, mostly NCPA Utica acreage. the lower production potential acreage, much acquired via their East aquisition, is being divested. they continue to lease here as well as surrender other…"
Apr 26
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

Profile Information

Introduce Yourself
Have spent the last three years learning all I can so I can get a good lease. Put together a landowner group of 2100 acres in Lawrence County. That group then joined a larger group and we should have a lease in hand by the end of June 2011 Am starting company to organize land owner groups in other areas.
What is your role?
Landowner
Which state(s) are you following?
Pennsylvania, Ohio
What shale plays do you follow?
Marcellus, Niobrara, Utica

Jim Litwinowicz's Blog

CNBC on Nat Gas Conversion

Posted on April 9, 2012 at 10:16am 2 Comments

All day today CNBC is focusing on converting vehicles to run on nat gas.  Rick Sentelli is in Oklahoma at a company that does nat gas conversions.  They are working on a pick up truck, showing what needs to be done to make it bi-fuel.  By the end of the day, they will be driving around in the converted truck to show what it can do.

During one segment already aired, they said that if you fill up at home, you will pay an equivalent of 66 cents per gallon. Thats right.....66 cents per…

Continue

US vs OPEC

Posted on October 28, 2011 at 10:47am 0 Comments

There is much talk and hope that all this shale oil and gas will get the US freed of dependance on OPEC oil.  The Bakken, Eagle Ford, Utica and more have great oil potential. The Marcellus, Utica, Hainesville, Barnett and more have great gas potential, especially if we convert  major portion of our transportation to natgas. All of these should help us wean ourselves off of foreign oil and gas, which would fantastic for the country.

But one problem with that scenario is competitive…

Continue

Comment Wall (20 comments)

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At 1:31pm on December 21, 2012, Denver Gallentine said…
Jim, I am sending you a Merry Christmas and Happy Holidays. I hope the New Year brings you many new wells and huge royalties! - Denver
At 4:53pm on October 11, 2012, Sturges said…
Can you tell the experience you had with Northeast Applacian Land Service, they are here in beaver county, the group attorney doesn't have experience with them and is hesitant in dealing with them. He stated that it was a good lease but concerned they aren't reputable
At 12:40pm on August 20, 2012, rex roae said…

Jim,

We decided to go with CX but on the condition that we will get paid according to our survey acres and not our deeded acres.  Surveys(signed and stamped) are not recorded since we will have to pay higher property taxes.  The surveys were acceptable to ADAPT and Range Resources when they offered leases.

Parcel # 1 - Wayne Township, Crawford County.  35 deeded acres, 51 surveyed acres.

Parcel #2 - East Mead Township, Crawford County.  25 deeded acres, 45.85 surveyed acres.

Total acreage - 60 deeded acres, 96.85 acres.

If acceptable, please send us a contract to sign with your leasing company.

Rex and Brenda Roae

30910 Dobie Lane

Guys Mills, Pa. 16327

Contact phone -

1-814-789-4034

At 11:35pm on July 11, 2012, warjr said…

Jim, I live in South Central PENNa and attending weekday meetings is not a possibility for me at this time.  I have a copy of the lease from Northeast Appalachian Land Service, Inc.   They are  an Ohio Corp with a mailing address of 322 Elms Rd, Troy, PA 16947  If you would like to share your email I could forward on to you for your review and comments to the group.  8 pgs total

At 7:36pm on June 28, 2012, Dave said…

Jim

hope this finds you well

can you give Dave a buzz @724 421 7112

At 9:02pm on May 31, 2012, Terry M. Schmader said…

Hi Jim,

My name is Terry Schmader, I live in Arvada, Colorado but my wife and I have 100 acres of OGM's in Pinegrove Township, Venango County Pa,. that we are interested in leasing.

Can you help?

Thanks and Peace, Terry

At 6:23am on May 18, 2012, JDM said…

I did get the phone number from Ron - I will call later today to see what they have to say.  I don't like how CHK is using sign in 2 days or you won't get a lease- CHK can't forget it...I don't need a lease that bad that takes advantage of our property and doesn't protect it. Thanks for letting me know how you feel about Hilcorp- anything else you can think of that I should make sure is in their lease? Does yours say 20% no deductions?

At 11:59am on May 17, 2012, JDM said…

I am in Mahoning county, Beaver township. I am looking for a contact  to call a Hilcorp rep to see what they have to offer. I heard that its $5000 per acre and 20% but I don't if its a landowner friendly lease or not.

At 5:26pm on April 18, 2012, Samuel J. Orr said…

Will continue to read your posts. Am hopeful that things will go well and that I can lease my property in 2012. Don't want to inject politics but appears taxes will be going up considerably in 2013. Will probably be worse if Obama is re-elected which I am afraid is going to happen. You might look for article on Chesapeake. Appears that their CEO may be doing something questionale if not illegal.

At 8:47am on March 9, 2012, Tracy said…

I'm in Delaware Twp, and I signed in Oct., but then signed for the extension in Dec. Supposed to be paid by April 15th. My question is: I was under the impression that we would get some kind of services( tax planning, etc.)  for the $250.00 fee. I know they are having meetings with FNB this week, but unfortunately, Tuesday evenings are already filled up for me. Are they going to offer additional meetings or was it a one time thing?  If something goes wrong with the lease restrictions, would MOPAW represent this group or would we have to pay for their services again? 

 
 
 

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