IS SHELL Slowing Down In Tioga County PA?

I heard a rumor today about SHELL. I heard that they were slowing down all drilling and shutting down drilling until 3D testing is done?  Could be up to 24 months.  Is this true?  Does anyone have any facts? What will happen to the commercial business and rental market in the area? 

Views: 3614

▶ Reply to This

Replies to This Discussion

Permalink Reply by N Bohl on July 6, 2011 at 1:05am
You should post this question on the Tioga County Group page also. A thread was posted related to new seismic in Tioga Co. not long ago. I believe it is mostly being contracted by Shell. I have no facts but it makes sense for them do it especially if they are preparing to do the wells. I pay attention to just one township but the permits have continued but not a crazy amount. So if they are holding off because they prefer to have more information I would say that is a good sign all around.
Permalink Reply by cheliped on July 6, 2011 at 7:40am
maybe shell is concentrating elsewhere?  any thoughts or rumors?
Permalink Reply by paleface on July 6, 2011 at 9:41am
 I drove around nc Tioga a couple days ago,I thought Shell was very active.Ihope the Neal well on rt 249 is good its a 6 horizontal and east started this sight so east picked the spot that makes me nervous? I guess if Shell didn't think it was a good spot they wouldn't drill it, lets all pray.
Permalink Reply by randall gottus on July 9, 2011 at 5:39pm
 Shell is focusing now in Nothern Butler county, Pa. They recently opened a new office in the city of Butler, in addition to having one already in Warrendale. They have been contacting landowners in cherry twp., venango twp.,  marion twp., etc. I also heard from alot of the landowners there that they will work with you and your attorney.
Permalink Reply by cheliped on July 10, 2011 at 12:19am
i wonder if this has anything to do with their location of the cracker plant? 
Permalink Reply by paleface on July 10, 2011 at 1:39am
 Shell is always looking for new oil and gas plays all over the world.The location of the cracker plant is in the heart of the wet gas area.
Permalink Reply by cheliped on July 10, 2011 at 11:51am
is wet gas easier to locate?  reading other posts, it seems that dry gas can be hit or miss.
Permalink Reply by paleface on July 10, 2011 at 12:18pm
 Its in western PA and eastern OHIO and WV,BUT ITS PAYING ABOUT 13.00 A UNIT VERSUS 4.25 FOR DRY GAS.SHELL TRYS TO COVER ALL THE PLAYS.
Permalink Reply by cheliped on July 10, 2011 at 12:24pm
is it everywhere in western pa and eastern ohio or just in pockets?  and how do you find out the price for wet gas.  thanks for the info paleface.
Permalink Reply by paleface on July 10, 2011 at 1:34pm

You can google wet gas prices there is some good info there,I don't know the core area for wet gas,I would think its around the PA,OHIO border and other parts of the country?

Permalink Reply by randall gottus on July 15, 2011 at 4:05pm
....new ball game...the Marcellus Shale Advisory Commission has approved Forced Pooling for pa. The governor is expected to sign it next week.  Eventually you may not be hearing the word BONUS anymore.
Permalink Reply by Ann Ticopa on July 15, 2011 at 6:30pm
Sign what?

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service