Bullfrex
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  • Freeville, NY
  • United States
  • Landowner
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  • Marci Feustel

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Latest Activity

Bullfrex replied to james's discussion 'I think the gas/oil companies are taking a gamble now.'
"I hope you're right and I am wrong....but I am not optimistic."
yesterday
Bullfrex replied to james's discussion 'I think the gas/oil companies are taking a gamble now.'
"James, I suspect it would depend on how the local E&P has their leaseholds set up. Leaving unleased acreage here and there is strategic on their part. They tie up enough acreage to make it implausible for a new Operator to enter the theater,…"
yesterday
Bullfrex replied to james's discussion 'Wow! Natural Gas up to $4.63, up 13% today, hit high of $4.93'
"Those E&Ps that are heavily hedged are less than ecstatic.....the spot market is where the money is made. As always in the boom-bust gas biz....just wait a bit...it will all change."
Thursday
Bullfrex replied to james's discussion 'Wow! Natural Gas up to $4.63, up 13% today, hit high of $4.93'
"farmgas, My understanding of price hedging....a buyer and seller agree on a price for a given volume of NG to be delivered in a set time frame. What the price does on the open market does not change that hedge agreement. Sometimes the seller…"
Thursday
Bullfrex replied to james's discussion 'Wow! Natural Gas up to $4.63, up 13% today, hit high of $4.93'
"Brian, From memory (admittedly bad), the storage level is below the 5 yr. average. This cold snap in the Eastern 2/3 of the US, if sustained, might just keep that upward pressure on pricing going forward. Depending on duration of the cold (Global…"
Thursday
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Jack, Please excuse my ignorance- what is the location of the Marshlands Unit, and what is it about that area that would make Shell want to unload it? Dual question....for OT, Is it possible that the GIP estimates for Tioga Co, was (maybe severely)…"
Wednesday
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Thanks Ralph. Maybe the second part of your post (about Exxon not worried about the size of a potential acquisition) is maybe just a bit more than coincidental? Hmmmmmm…….."
Wednesday
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Darrell, I agree with both those statements, and expand on that thought that the next two years should be entertaining as well. "
Wednesday
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Ralph, I checked the Facts and Rumors on Shale Directory, pertaining to Shell pulling out, but there is nothing dated November 2018 in the archive.....the most recent one had no mention. Perhaps it takes some time to be added to the archive. I will…"
Tuesday
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Does Shell have a significant acreage position in the the Flat Castle area? I know that map is only one companies' interpretation, but well results seem to reinforce that position."
Tuesday
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"Ah.....now I understand. Thanks!"
Tuesday
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"OT, just to clarify "Shell's other wells and acreage"....referring to their holdings in Potter Co., or their Marcellus wells in all their acreage? I get from your comment they are generally pleased with their Utica results in TC. Is…"
Tuesday
Bullfrex replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PA
"And this study, of course, by an agency holding the belief that 'emissions' are a huge problem....newsflash...that science is not settled. The 700 million or so poor on the African continent would benefit IMMENSELY from the introduction of…"
Tuesday
Bullfrex replied to Josie's discussion 'Anti Fossil Fuel Extremists Attacking PA Natural gas'
"OT, I did read the linked science article from your post. I am not a scientist, but science minded. To fully understand any of the information on WUWT, I rely on the comment section to help make sense of what has been reported. Thanks for the link."
Tuesday
Bullfrex replied to Josie's discussion 'Anti Fossil Fuel Extremists Attacking PA Natural gas'
"For those who wish to investigate the Climate Change Science on the merits of real scientific efforts, I invite you to visit the WUWT website....Watts Up With That-All things related to Climate Science. It is worth a few minutes of your…"
Monday
Bullfrex replied to Josie's discussion 'Anti Fossil Fuel Extremists Attacking PA Natural gas'
"For those who wish to investigate the Climate Change Science on the merits of real scientific efforts, I invite you to visit the WUWT website....Watts Up With That-All things related to Climate Science. It is worth a few minutes of your…"
Monday

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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US Greenhouse Emissions Lowest Per Capita Since 1950, Thanks to Fracking

Posted by Thomas J Shepstone on November 14, 2018 at 11:44am 1 Comment

You won’t find “fracking” in this story but it’s why the US has been able to shift from coal to natural gas with much lower greenhouse gas emissions.

According to the Environmental Protection Agency (EPA), U.S.…

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