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Have any groups considered drilling your own well?

Started this discussion. Last reply by GG Apr 13, 2013. 51 Replies

Accepting the risk of sounding completely green or ignorant, I just have to ponder why no one has decided to  pool together and hire a driller for fee.  Having observed payouts of $90K per month and…Continue

Why not negotiate 20% oil, standard rate gas?

Started this discussion. Last reply by New Field Farm Mar 25, 2013. 5 Replies

Has anyone considered negotiating beyond the typical 15% with deductions clause and go for a higher percentage for oil in western PA?  After all, gas is good but oil is better, especially those along…Continue

Can a company horizontal drill under my land without a lease?

Started this discussion. Last reply by Mark McGrail Jan 4, 2014. 72 Replies

As I continue to educate myself on this site, questions come to mind.  What is stopping a driller from a nearby site from drilling into my shale without a lease.  Also, how close can they frack near…Continue

Effects of Future Global Trends on Shale Gas – When is the sweet spot?

Started this discussion. Last reply by Jack Straw Mar 16, 2013. 1 Reply

My intent with this post is to provoke thought and discussion on when the best time is, “the sweet spot” to enter a lease, produce, bring to market, export and so on, activities related to shale gas…Continue

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

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