Trenton limestone potential in Ohio?

While doing research on the utica I have discovered the Trenton limestone that is below the utica. This was the most important oil bearing formation at one time in Ohio and actually started the oil industry in the 1800s. My question is: what is the future potential of the trenton limestone using horizontal drilling? We should be looking into this as a possible new source of income from leasing and royalties.

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Permalink Reply by dr j on February 21, 2012 at 1:20pm

Makes sense to me.   SOme of the permits say "plug back well to drill horizontally".    I know the "target" to get to the sweet spot is the Utica - Point Pleasant interval.   Makes sense they drill to the next formation to make sure you are where you want to be.

 

Permalink Reply by Billy Park Whyde on February 21, 2012 at 5:10pm

Although Range plans on drilling 2 - 4 wells over the next couple years, Range will take a “watch and see” stance and allow industry to drill Utica since our rights will be HBP by drilling Marcellus wells 

 My idea is to limit the formation to what they are going to drill in, let them come back at a latter date for more. 

Permalink Reply by oildude on February 21, 2012 at 9:51pm

I agree completely. I will only lease the utica at this time. Ohio also has coal bed methane that could become very valuable at a later date. Does anyone know if the recent leases in Noble and guernsey involved only the utica or did they give away more in order to get those high bonus prices?

Permalink Reply by arminius on February 22, 2012 at 3:11am

One of the high bonus leases in Guernsey County allowed for the landowner to keep the oil and gas rights from the surface to the top of the Queenston formation.  Everything below that was leased;however, there was language in the lease allowing the landowner to regain the oil and gas rights below the utica should , at the end of the primary term, certain things not occur.

Permalink Reply by oildude on February 22, 2012 at 5:31am

That is very interesting. Why do they want the Queenston formation? Are they going to drill for oil or will they inject brine into it?

Permalink Reply by Dan on February 25, 2012 at 8:10am

The Queenston formation is the one just below the Marcellus.  They use the name of it in these leases just to signify that the landowner is reserving everything from the surface down to and including the Marcellus.  There is nothing of interest in the Queenston itself as far as I know.  And as N. Halvor said, the leases he's referring to have a vertical Pugh clause that states that anything below whatever the lowest layer they produce from during the primary term (5 years) reverts back to the landowner.  So if they only develop the Utica during the primary term, then the Black River/Trenton and everything below it reverts back to the landowner, and just like the Marcellus, would free to be re-leased.

Permalink Reply by oildude on February 23, 2012 at 1:52am

JODI

Where is your area?

Permalink Reply by oildude on February 23, 2012 at 2:20am

Does anyone know if the Queenston formation is an oil bearing formation?

Permalink Reply by Billy Park Whyde on February 23, 2012 at 3:52am

Does anyone have a good readable formation later photo? I know the Clinton here is at about 3,200' but have seen it get lost in formation layer photos

Permalink Reply by oildude on February 23, 2012 at 6:07am

Billy

Google " The Marcellus & Utica shale plays in Ohio" By Larry Wickstrom, Chris Perry, Matt Enterpeiss, Ron Riley. Ohio geological survey. Ohio oil and gas association. 3-11-11. This presentation has a chart of all the layers way past the Trenton. Its in color and has a depth measurement alongside it.

Permalink Reply by Billy Park Whyde on February 23, 2012 at 7:10am

THANKS, I wish the photos were of a bit better quality  maybe my bifocals lol

Permalink Reply by Area Man on February 23, 2012 at 8:18am

Nice link, thanks for that.

 

To answer the questions around producing formations, see slide/page 24

It doesn't look like the Queenston in prospective.

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