Marcellus in Eastern Ohio?

Hi,

Does anyone think eastern Ohio has enough Marcellus shale to worry about when drawing up or revising a lease? I know or was told it thins out coming into eastern Ohio (columbiana county) and is there anything that in time above the Marcellus or below it that may be worth something later?
If I revise my lease I might fight to have it say only from the queenston down since right now it says all except coal, gravel, etc. but I'm not sure it's worth it and if it would be better to try and get some other change. What I have no idea yet.
Kath

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Permalink Reply by Kathleen on April 14, 2012 at 1:31am
They replied back to my email asking for the production numbers and said they would forward it to the right department who will than get back to me. I hope they do since it will be interesting to see it.
Permalink Reply by Finnbear on April 14, 2012 at 9:56am

Which specific wells are you looking for production numbers on? 

Permalink Reply by Kathleen on April 16, 2012 at 6:05am
I decided and I guess it wasn't a hard decision if dps penn comes back about the unit change we will ask to reserve above the queenstone. My lawyer feels pretty strong if they won't just give in he should be able to get it for us, otherwise I may not give at all. Their production costs drop and their profits are higher so they should give us this. Every calculator shows they double their money while we stay the same if production doubles due to doubling the unit size which I know may not be the case.
Permalink Reply by Billy Park Whyde on April 23, 2012 at 10:29am

Ya know  we are talking about formations, what we have paid notice too is the technology that could be used in other formations thus we are considering a buffet instead of  A la carte menu.  I think perhaps we that have not leased should look at multipul leases. Drill Baby suggest reserve the Queenston and above but look what might below! 

  More than one person has stated the O&G knows far more than we do, well I would hope they would  but taking advantage with that knowledge in my opinion is wrong. I posted this well which is in a cluster of about 5 or six near Hebron, Ohio just west of the town. Look at the production of those wells that were only vertically drilled in the Rose Run that is below the Queenston or Utica. Note that these did not drop off no 60% the first year! These are different wells in that cluster.

 

2002 DMRM 21114 6449 0
2003 DMRM 32077 16099 0
2004 DMRM 27966 19898 0
2005 DMRM 26296 28211 0
2006 DMRM 27785 19727 0
2007 DMRM 16559 24062 0
2008 DMRM 11629 63034 0
2009 DMRM 9049 47252 0
2010 DMRM 6600 44645
Permalink Reply by Billy Park Whyde on April 23, 2012 at 10:33am

another! Now perhaps some one can estimate what kind of production these wells could have made by being horizontal my guess what 5 times the amount WOW!!!!!

2001 DMRM 43682 15674 60
2002 DMRM 34041 15757 0
2003 DMRM 30492 22110 0
2004 DMRM 29604 32955 0
2005 DMRM 29034 44124 0
2006 DMRM 25869 60218 0
2007 DMRM 18320 69397 0
2008 DMRM 14060 51233 0
2009 DMRM 11651 41212 0
2010 DMRM 9380 36306
Permalink Reply by Billy Park Whyde on April 23, 2012 at 10:36am

Here is the Licking County KMZ file thanks to BICS 

Attachments:
Permalink Reply by Randy on April 23, 2012 at 4:16pm
Here's an interesting link about Gastar, another company very active in the wet zone of the Marcellus:

http://www.gastar.com/globaloperations.cfm?pagesect=appalachianbasin

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