Replies to This Discussion

Permalink Reply by james on April 18, 2013 at 1:28am

 I think gas/oil companies are taking a NAP when it comes to doing anything in Crawford county, very little activity going on that I know of.

Permalink Reply by markkot on April 18, 2013 at 2:07am

James,  actually 7 permits were issued in Mar.  2 horizontal in E. Fallowfield (Byler-Swepi) and 5 verticals, all different locations.   2 in Spring Twp, and 3 in Summerhill Twp, all 5 for different landowners (Kastle Oper.)

 

Permalink Reply by james on April 18, 2013 at 3:09am

Thanks for the update, we are in a unit in Summerhill township with a recently producing well that is producing about $110,000 a month in gross sales over the first 2 1/2 months of production, this well was drilled by Kastle, maybe we are getting another well? Does it give you any names in Summerhill Twp. ? Thanks

Permalink Reply by RichR on April 18, 2013 at 2:29am

I expect them to put out a bigger blurb after they have had time to write things up.

Permalink Reply by Janice L. Hancharick on April 18, 2013 at 4:08am

An event on the scale of NAPE whether in Houston or Pittsburgh, does not get everything out on the table in a few weeks.  Deals of the magnitude each and every landowner group involved want take time.

 Those wanting a lease tomorrow and a working wellpad by next week will get it only if they deal with a fly-by-nighter who has just sold them a bill of goods.  Paperwork so heavily industry-friendly that future heirs will only remember these signers as the family push-overs is not a goal worth having.  We all know such folks exist.

As for the APRIL NAPE, we're all eager to learn the results for each of our county groups.  After reading Jim Willis' MDN blurb on CX @ NAPE, I know the team was hard @ work..

Permalink Reply by markkot on April 18, 2013 at 4:45am

James,

Without digging into the twps where each were (too lazy to dig back in), the wells names are:  Panko-Jamison, Wise-Matthews, Weibel, Tegel, and Askey.  I was just happy to see all the permits, even if they are for vertical wells..............

Permalink Reply by james on April 18, 2013 at 5:28am

Thanks, they told me the gas and oil is good in that area from the well they drilled in our unit, none of these names are mine, but the current unit doesnt have my name on it either, but still get a monthly check from Kastle. I hope we start to see more activity in the Crawford County area.

Permalink Reply by markkot on April 18, 2013 at 6:10am

What's the name of the well, if you don't mind?    thanx.

Permalink Reply by james on April 18, 2013 at 6:45am

The Keene-Webb unit 1.

Permalink Reply by Bob Jenness on April 23, 2013 at 12:43am

I'm surprised there's still new vertical permitting going on.  Is this just the finishing-up on a mature field, or is Kastle still making a viable business with new lease activity for old vertical technology and small-diameter gathering and midstream?  Or are they just trying to establish a good HBP portfolio for later H-drilling?  What strata is the vertical production coming from?  When was the unit formed?

Permalink Reply by james on April 23, 2013 at 1:18am

Its from the Medina, I dont know how long ago the unit was formed, we bought the property about 2 years ago, the lease was already in place. Kastle formed some type of partnership with Range to do this type of drilling from what they told me?