This site is not very active, and neither is the gas business around my area! There's still some equipment moving around but nowhere near the truck traffic there was. Is the 'boom' over? Is there activity anywhere else in TC? Are a lot of wells online now, and everyone else is just sitting back, enjoying their royalty checks?
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Permalink Reply by Lynn Wigglesworth on June 14, 2012 at 4:48am It seems like it from my point of view, but I know that a lot of wells went on the pipeline early this year. What's going on with them? People don't talk much about getting royalties and things like that around here.
Permalink Reply by JOE REDDING on June 15, 2012 at 12:25am maybe it is that Shell is waiting for the sizmic testing to be done. They drilled 2 wells in little marsh area in the last 2 months, but only 1 well on each pad to hbp. the one was burnning for 3 weeks, lots of money going up in smoke. They need pipelines. They are also shutting in wells that were producing, I guess to try to increase the price of ng. I really miss the truck traffic L.O.L.....
Permalink Reply by Robin Jackson on July 2, 2012 at 3:54pm Seismic testing is heavy in Middlebury area and hitting hard from RT. 287 and up to 414 area.
Permalink Reply by Robin Jackson on July 2, 2012 at 3:53pm Today I went to do my usual cleaning and one of the houses emptied over the weekend..Gone till September but told look out because we are going to work you hard. They are contracted by Shell..Shell is building a brand new bldg. around here and leased another till it is done and they are working their tails off there. Read Talisman report and they are looking at 600 million into Marcellus starting the new Fiscal year Oct or later. Told most of the worker sto hang on till then and things will be nutty all winter. Just some regrouping and the report blames most of it on gas prices. Polictics are playing a role too, election in Nov.. back to work in Oct. um???
Permalink Reply by Boni Moreland on July 5, 2012 at 11:20am Hi Robin,
Are they still doing testing in and around the Little Marsh area? I also heard things were going to go crazy after July, now you think it will be September/October? Thanks for the info.
Looking at Landex shows that Shell (swepi) has really slowed down considerably. Other companies have vanished for the most part. I took a drive last week and saw pipeline work but not much else. East and sHELL have done a nice job of locking up tons of land with one well or in some cases less. I don't anticipate much more activity until the dry gas market changes. Shell has the back end to wait this out. While that may not be good for folks in the short term it will pay off long term for both Shell and it's royalty owners. The boom is definitely over though for the time being.
Permalink Reply by Robin Jackson on June 17, 2012 at 3:10pm Folks, this is far from slower , they are fracking away in other areas that aren't where you are..Arnot is extremely busy as is the Little Marsh area..Seismic testing is happening in Nauvoo, 287 and 284 area as well as Middlebury Center adn over..My husband is driving 12-15 hr. shifts and has been told their is no end in site for a long time..He has been steady since Feb. He isn't contracted w/Shell he is contracted with Seneca and they are slow and steady as in Cheasepeak. I clean houses for the industry and when the gossip of Shell backing off happened all the guys were told they had a 30 day off..They were happy..Four days later all the guys were back and working doubles. It never happened for them. Tioga Co. is huge, traffic is still full on Rt. 15, 287, 249 etc..
Permalink Reply by Lynn Wigglesworth on June 18, 2012 at 12:52am Thanks, Robin. That's interesting because my area (Delmar Township, west of Wellsboro) is dead. They finished the seismic survey and mostly left the area. I'm on 660 toward the Canyon, so I get all the truck traffic going south toward the Canyon, and there's very little compared to last year.
Permalink Reply by paleface on June 18, 2012 at 12:47pm When all the Seismic is done which will probably take 2-3 more months they send the results back to headquaters and the briantrust examines the results,than Shell decides how they are gonna drill this area,the seismic is for the Marcellus shale not the Utica or Trenton black river that would come later.
Permalink Reply by paleface on June 20, 2012 at 11:54pm Duncan Township has thick shale and good presure's.
Permalink Reply by Lynn Wigglesworth on June 21, 2012 at 1:14am Shell has already set up all the units in Delmar township, and drilled at least verticals to hold the leases. I wonder if they will abandon units or reconfigure them if the Seismic shows good/bad areas?
Permalink Reply by paleface on June 21, 2012 at 9:18am I don't think they would change units on a holesale volume the seismic would probably give them the best depth to drill for the thickness of the shale,if you look at duncan on e-facts they redid the permits to drill deeper because the shale is thicker than they thought.
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