When the bit hits, leases will rise
Who here doesn't think that the leasing terms will increase once the bit hits in Tusc. county and the real value is realized...AKA OIL!
Sure the Wet gas is the hot item right now....but once the oil starts.....new ballgame.
Views: 864
Replies to This Discussion
-
Permalink Reply by JR on
-
I agree Paul. Light, bubbling crude. Bring it on. And, oddly there aren't many wells in that super sweet spot that covers a lot of Tusc Co on that ODNR map. Could they be waiting on infrastructure? Saving the best for last until they get a grasp on the geology perhaps? Maybe wishful thinking but it'll be fun to watch.
-
-
Permalink Reply by Paul Martinelli on
-
Thats my guess....waiting on infrastructure. I think the geology is understood....
I'm guessing oil is a whole lot different to "get to market" than gas(es)
-
-
Permalink Reply by Jim Krocker on
-
I HEARD IT IS DUE TO THE AMOUNT OF HELD BY PRODUCTION AND/OR PREVIOUSLY LEASED LAND THAT MAKES IT HARD TO PUT TOGETHER PLOTS
-
Top Content
Latest Activity
- Top News
- Everything
Jeff replied to Petroleum Attorney 1976's discussion 'FYI- Mineral Owners in the State of Ohio (Utica Shale area's)'dean alan wohnhas replied to John W. Howard, CPL's discussion 'the Marcellus Shale - Its History and Importance to Both Appalachia and America'
© 2026 Created by Keith Mauck (Site Publisher).
Powered by
