Bullfrex
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  • Freeville, NY
  • United States
  • Landowner
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Latest Activity

Bullfrex replied to jason irvine's discussion 'Opinions regarding the best stacked play areas.'
"Thanks You Jeffrey! They are now shown in their entirety....interesting stuff, particularly the Utica Breakeven point for the four Shell Utica wells included in the chart. I would guess these may be the newer ones, and hopefully they have unlocked…"
Jul 13
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Ann, I think when someone withdraws from this site, they have the option to delete ALL of their input (posts). I am not certain if that is what has happened here, but maybe?"
Jul 13
Bullfrex replied to jason irvine's discussion 'Opinions regarding the best stacked play areas.'
"Thank you Jeffrey-very informative. The chart showing Wellhead Breakevens by Reservoir seems to be cutoff? with the Shell data missing? I would be interested in their data, if it is in fact what is missing from the chart. They are our producer, and…"
Jul 12
Bullfrex replied to jason irvine's discussion 'Opinions regarding the best stacked play areas.'
"Thanks OT. I have seen recently a 'map' of the Utica formation in Tioga Co., and it seems the thickest rock is in the SW quadrant of the county, but most of the current Utica wells have been drilled in the North and NE quadrant of TC. Is…"
Jul 10
Bullfrex replied to jason irvine's discussion 'Opinions regarding the best stacked play areas.'
"Ralph, I believe only two; the Marcellus and Utica. Old Timer has some good inside info on the area, as he posted above. I will yield to the power! lol Old Timer, In your research, is there any area in Tioga Co. that could be a 'stacked…"
Jul 10
Bullfrex replied to jason irvine's discussion 'Opinions regarding the best stacked play areas.'
"Osceola Co., PA"
Jul 10
Bullfrex replied to Susan Salary's discussion 'past royalty payments that are owed Greene Co PA'
"Sometimes a sale is for assets only, where the seller retains the debt structure and the buyer only buys assets....not uncommon in the business world. Not certain if that is the case here."
Jul 4
Bullfrex replied to Mitchell R Holliday's discussion 'Selling Mineral Rights'
"Good insight Old Timer, I will get in trouble here, no doubt, but this could be another option for Mr. Holliday; sell some surface to enhance your life, but retain ALL the OGM rights. "
Jul 2
Bullfrex replied to Mitchell R Holliday's discussion 'Selling Mineral Rights'
"DAL, I am not attacking anyone....sorry if you feel that way. I have not addressed the 'buyer' because he has offered alternative options, methodology and good sense for Mr. Holiday specific to his current situation. Another path to…"
Jun 30
Bullfrex replied to Mitchell R Holliday's discussion 'Selling Mineral Rights'
"Mr. Holliday,  The best of luck going forward, and feel free to bounce anything off us here at this forum....I feel confident that most here have your best interests are at heart. DAL, Generalizations are always dangerous....maybe this falls is…"
Jun 29
Bullfrex replied to Mitchell R Holliday's discussion 'Selling Mineral Rights'
"Agreed  deutchen. This is an asset to be managed, not unlike a stock portfolio. When your life circumstances dictate, you sell or buy as your needs and research direct. Selling is a viable and sometimes necessary option, and all the information…"
Jun 29
Bullfrex replied to Mitchell R Holliday's discussion 'Selling Mineral Rights'
"Jeffrey, Thank you for taking the time to post a well thought out alternative to the 'never sell' position. Don't forget the income tax ramifications of selling an asset you have held for a while VS. royalty tax rate.....this could be…"
Jun 27
Bullfrex replied to Mitchell R Holliday's discussion 'Selling Mineral Rights'
"Selling is the right decision sometimes. Like if you really need the cash to save the farm, or health expenses, lack of heirs, a wanderlust....the list goes on. Not everyone wants to deal with the waiting, negotiating and uncertainty of when you…"
Jun 26
Bullfrex replied to Mitchell R Holliday's discussion 'Selling Mineral Rights'
"Mitchell. All the posts on this thread have merit, because EVERYONE'S financial situation is different from their neighbor's. I can see both sides of this discussion. In the end, it is a personal choice, dictated by your needs and wants.…"
Jun 23
Marci Feustel left a comment for Bullfrex
"EQT got in touch with us.  They are leasing the families 88 acres they offered us $3,500 a acre and 15 percent royalaties.  We sent the offer to are lawyer.  Any thoughts on this?  Thank you."
Jun 18
Bullfrex replied to Joe's discussion 'Help with royalty rights in Greene County PA'
"Thanks Ally....consider me now informed about NPRI. So your NPRI rights are in fact marketable? No mention of the Executive rights owner in the OP....is it a family member who might be brought into this discussion, allowing them to come up to speed?…"
Jun 6

Profile Information

Introduce Yourself
East has been attempting to get us to sign an addendum to the existing lease, to include the Marcellus Shale rights, with NO offer of any additional lease payment. We have refused.
What is your role?
Landowner
Which state(s) are you following?
Pennsylvania
What shale plays do you follow?
Marcellus, Utica

Comment Wall (7 comments)

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At 11:42am on June 18, 2018, Marci Feustel said…

EQT got in touch with us.  They are leasing the families 88 acres they offered us $3,500 a acre and 15 percent royalaties.  We sent the offer to are lawyer.  Any thoughts on this?  Thank you.

At 8:14pm on May 29, 2018, Marci Feustel said…

I got in touch with the property owners next to us.  They signed a lease with E.Q.T.  Should we contact that company?  Thank you.

At 12:27pm on May 21, 2018, Marci Feustel said…

I tried to send you the letter I couldn't.  The company emailed us telling us if we didn't take their offer we would have a hard time selling because they monopolize the area.

At 12:21pm on May 21, 2018, Marci Feustel said…

The gas company we turned downed sent us this email today.  They offered $5,000 outright to buy.  What are your thoughts?  Thank you.

At 11:22am on March 3, 2018, william george allison said…

bullfrex I'm not real good at math but I would think 16% with no deductions would be better for when the well starts to drop off after a year or so .with 18% with deductions it hard to tell what the deductions would be I probably would owe them lol  ps  I value your opinion thank you   BILL

At 2:41pm on March 2, 2018, william george allison said…

bullfrex I have another dumb question lol. I just got a letter they want to lease my land at my house .in your opinion would it be better to go 18% with deductions or gross royalty at well head at 16% with no deductions its only for couple acres thank you sir 

At 3:36pm on March 1, 2018, william george allison said…

bullfrex I have a question after fracing for two months there is a small rig setup now would that be to drill out the plugs in the perf and plug method in the production phase ? thank you bill

 
 
 

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FERC to Constitution Pipeline: A Year Means A Year, You Shoulda Fought

Posted by Thomas J Shepstone on July 20, 2018 at 8:31am 0 Comments

Sadly, FERC has once again refused to help Constitution Pipeline avoid the consequences of letting itself to be double-crossed by Gov. Andrew Corruptocrat.

FERC, in a decision released yesterday, has denied…

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