"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…"
"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…"
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.
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
In your research, is there any area in Tioga Co. that could be a 'stacked…"
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…"
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.
Generalizations are always dangerous....maybe this falls is…"
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…"
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…"
"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…"
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.…"
"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?…"
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
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
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]