Blueflame_02
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Profile Information

What is your role?
Landowner
Which state(s) are you following?
Pennsylvania, West Virginia, Ohio
What shale plays do you follow?
All Shale Plays

Latest Activity

Blueflame_02 replied to Old Timer's discussion 'Montage Resources now what?'
"Related to the engineering feats that Eclipse tried to be a leader in - we are seeing the market pressure to generate cash flow over achieving engineering miracles. The days of pushing to 3 mile laterals are behind us in Appalachia. Tons of…"
Mar 1
Blueflame_02 replied to Bluejack Farms's discussion 'East Ohio Oil and Gas LLC'
"I imagine that end of Q2-Q3 2019, we will hear something from Cabot on their Ohio exploration. When the plan was to spend ~$75 mill on exploration and their Permian exploration was a bust, investors are going to want to see some sort of return on…"
Dec 31, 2018
Blueflame_02 replied to Bluejack Farms's discussion 'East Ohio Oil and Gas LLC'
"More than likely its a redrill - indicated by 0100 at the end of the horizontal permit. Probably drilling the vertical deeper than the target formation to make sure they know exactly where it is and to calibrate their models. Then they will plug…"
Dec 14, 2018
Blueflame_02 replied to james's discussion 'When will the next lease boom happen?'
"I think in general (very similar to what is happening in the Permian right now), companies are trying to get anything and everything. Investors liked to see 15-20% or higher growth rates and companies had to add land to produce more gas faster. Back…"
Sep 26, 2018
Blueflame_02 replied to Walt's discussion 'Eclipse’s exit plan'
"Right. If a company can make more money by consolidating then they will continue to consolidate. We see it more and more each and every day. You either buy someone in your backyard or you buy something in another basin. EnCap is in the business of…"
Aug 31, 2018
Blueflame_02 replied to Walt's discussion 'Eclipse’s exit plan'
"Eclipse Resources doesn't exist without EnCap. EnCap is an investment fund, meant to make money by either 1) flipping projects for a profit or 2) creating profit through acquisitions."
Aug 30, 2018
Blueflame_02 replied to Keith Mauck (Site Publisher)'s discussion 'Looking for new gas & oil in Ohio'
"James - the only thing about the Knox is it is historically a structural play. It's nothing like the shale plays - Artex and Enervest were/are big players in the Knox in southern central OH. High risk, low cost, moderate reward has been the…"
Jul 16, 2018
Blueflame_02 replied to David Allen Lilly's discussion 'Stacked pay (play?)'
"Millwood is right in the heart of Eclipse Resource's target area in Guernsey County - as well as Ascent. $14K per mineral acre to sell doesn't seem surprising. Eclipse has had great success in the condensate rich Utica."
Jul 6, 2018
Blueflame_02 replied to David Allen Lilly's discussion 'Stacked pay (play?)'
"I think the economics are the most challenging portion of the Marcellus in Ohio. It's much shallower in Monroe County than Greene/Washington PA - if natural gas prices ever get back to $4-5/Mcf these could become more economic but will never…"
Jul 6, 2018
Blueflame_02 replied to Bluejack Farms's discussion 'East Ohio Oil and Gas LLC'
"Other way around - drilling vertical to Rome and plugging back to go horizontal through the Knox. Knox is above the Rome"
Jun 4, 2018
Blueflame_02 replied to rob's discussion 'Indiana County Marchand Unit'
"Only thought on flaring still is because they don't have correct production equipment on site and feel the need to let the well flow. Money going down the drain the more they flare.. "
May 1, 2018
Blueflame_02 replied to rob's discussion 'Indiana County Marchand Unit'
"I think this goes back to my comments a month or so ago questioning CNX in CPA. There is no doubt that there is gas here and in large quantities. But companies just dont understand the utica in PA as well as the Marcellus or even the Utica in Ohio.…"
Apr 11, 2018
Blueflame_02 replied to Bluejack Farms's discussion 'East Ohio Oil and Gas LLC'
"Looks like they're gonna try a horizontal Knox/Beekmantown well.. interesting to see how it works out."
Apr 10, 2018
Blueflame_02 replied to rob's discussion 'Indiana County Marchand Unit'
"I think though that many of these older fields are on lower line pressure lines and do not have to compete for pressure until a sales point farther down the road.. i.e. they aren't competing as soon as the gas hits surface. Also with the…"
Apr 3, 2018
Blueflame_02 replied to Bluejack Farms's discussion 'East Ohio Oil and Gas LLC'
"Very easily could be the "Point Pleasant" as we often forget that the Utica Shale is actually an entirely different formation. But if Cabot wants some oil, it would be interesting to see them try out some horizontal Knox/Rose Run if the…"
Mar 27, 2018
Blueflame_02 replied to rob's discussion 'Indiana County Marchand Unit'
"Awesome. Good to see they'll be able to get that gas out of there soon. I had a chance to listen to listen to the operations and development section. I still think they are in the infancy of CPA Utica. I tend to believe them when they say that…"
Mar 16, 2018

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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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