Does anyone know how many contiguous acres the drillers would require for a pad?
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Permalink Reply by Chris Smith on December 13, 2011 at 4:44am Is that also the amount needed to drill? Groups are being given a 640 acre bar, but it is not neccessarily and usually not contiguous.
Permalink Reply by Philip Brutz on December 13, 2011 at 6:54am Are you asking about the size of the drilling unit?
Permalink Reply by Chris Smith on December 13, 2011 at 8:20am yes-within the 640 plus acres a group has, it might have 10 acre parcels, 50 acre parcels etc, and much of it not connecting. I'm wondering how many contiguous acres the energy companies need to drill.
Permalink Reply by Nelson Roe on December 13, 2011 at 8:51am I believe the smallest that has been released to public knowledge so far has been the Buell well in Harrison County & I believe it is a single lateral that is in either a 144 or 177 acre unit.
Permalink Reply by Chris Smith on December 13, 2011 at 9:10am interesting, makes me wonder why land groups and energy companies alike would accept and lease parcels that are not connected to other parcels in a land group to meet a minimum acre requirment for drilling. For example, if the minimum is 50 contiguous/connecting acres to drill, why would anything smaller be allowed. If it is 7-10 acres as stated above, it would make a little more sense. Thanks Nelson.
Permalink Reply by Philip Brutz on December 13, 2011 at 9:26am The gas companies will trade or buy leases from other companies to make up a drilling unit. I signed with Gulport but they might trade or sell my least to Hess. If you have Google Earth installed on your computer you may want to look at this map of Bradford Co. PA.http://dl.dropbox.com/u/31036030/Bradford%20Co%20units.kmz It shows what drilling units look like in a developed area.
Permalink Reply by Chris Smith on December 13, 2011 at 10:38am absolutley awsome look at a production unit(s). From this, it makes sense regarding the trading, buying of leases. Other than the terms, it doesn't seem to make a difference what group you are in. If your parcel is going to be drilled, it will most likely get traded or sold to make up a cohesive and mostly contiguous production unit if I understand it correctly. Anyone know if Ohio or Guernsey county will provide similar mapping? Thanks Phil.
Permalink Reply by Philip Brutz on December 13, 2011 at 10:50am That map was hand drawn made by a landowner in Bradford Co. PA
I'm starting to make one for Guernsey as the wells go in.
Permalink Reply by Chris Smith on December 13, 2011 at 10:57am great! When I put my curser over a unit and clicked, the amount of acres included in the unit pops up. Most of them I checked were in the 500-600 acre range. The terms of lease transfer automatically i assume when traded??? Kind of interesting since a production unit will most certainly have leases from different land groups and individuals (with slightly different terms). The fun is just beginning
Permalink Reply by Philip Brutz on December 13, 2011 at 2:01pm The terms of the lease are transferred when the lease is sold but the new owner sometimes demands that you accept new terms if you want to be in the drilling unit. It is never over!
Permalink Reply by Philip Brutz on December 13, 2011 at 2:09pm Here is the latest map of Susquehanna Co. PA. If you look closely at the northern third of the map you will see many drill pads and gas lines going in.
It is kind of like looking into or future.
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