Replies to This Discussion

Permalink Reply by Jim Litwinowicz on September 3, 2013 at 7:57am

Where is N Beaver?  What county and state?

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Permalink Reply by Kara Black on September 3, 2013 at 7:58am

In Lawrence County, PA.

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Permalink Reply by Kara Black on September 3, 2013 at 8:01am

I'm sorry. I'm new to the site, and thought I was posting in the Lawrence County, PA group.

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Permalink Reply by Jim Litwinowicz on September 3, 2013 at 8:05am

Thats what I thought but needed to be sure. You are actually in a good area. Both Shell and Hilcorp are drilling in the area and a new pipeline will be going in shortly.  Who did he sign with and how long ago? In that area, the Utica Shale has wet gas, which is worth more than dry gas. Also, that area will have some potential for Marcellus and Upper Devonian.

It may be several years before you are placed in a unit and getting royalties but they will come.  Hope you dad is young enough and healthy enough to enjoy those benefits

PS this is the general discussion page but that is no big deal.  Welcome to GMS

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Permalink Reply by Kara Black on September 3, 2013 at 8:08am

Thank you so much for your reply. He signed with East (now Shell) back in 2010.

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Permalink Reply by Jim Litwinowicz on September 3, 2013 at 8:17am

Shell has a well pad south called the Patterson near Darlington and it has three wells on it. They also have  a pad just south of Mt Jackson off of 551 with a couple of wells. Could be more drilling in the next couple of years as soon as the new pipe is laid.

Start talking to a financial planner now before the royalties start.

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Permalink Reply by Kara Black on September 3, 2013 at 8:26am

Thank you!

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