the utica in northwestern pa.

hi everyone;

            does anyone know when leasing for the utica will pick up in crawford county pa. pretty quite there.

            thank you dave

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Permalink Reply by dan jenson on November 18, 2013 at 7:07am

The magic question??????My guess "years away"

0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on November 18, 2013 at 7:45am

The issue with Crawford is the thinning out and eventual disappearance of the Point Pleasant.  

Permalink Reply by Robert Alexander on November 19, 2013 at 1:52am

Ditto...thought Range would be giving Crawford well updates during 3q report but nada...

0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on November 19, 2013 at 4:20am

Their Washington County acreage is really strong, so I suspect that's where they'd put all their eggs.  Their finances are not so great the last few years, so I wouldn't expect them to stray too far from what they know is their best position, at least in the near term.

Permalink Reply by Tim Tarr on November 19, 2013 at 5:30am

  Look at their Report on Oct 14, 2013. Shows SW Pa (Washington County) at 51% HBP. Very next Report on 10-29-2013 (only 2 weeks later) shows projected 93% HBP under current leases (5 years ?) and that other 7% will be resigned to get to 100%.

  That's a whole lot of drilling to HBP. Keep in mind no one is saying all this drilling will be Horizontal Wells. A few well placed conventional wells can hold  quite a large swath of land.  

Permalink Reply by Robert Alexander on November 19, 2013 at 6:49am

I believe they have a couple producing wells in Crawford County and vicinity, had hoped they would report/update the results. Obvious that Crawford not looking too good so far but other drillers may do better going forward.I have 38 acres near East Mead/Richmond Twp. border and have had no leasing inquiries.

Permalink Reply by Trapper on November 19, 2013 at 6:33am
What is Range's position in Venango County? I know they drilled near Dempseytown a couple years ago....not far from Crawford County.....
Permalink Reply by Char on November 19, 2013 at 4:52pm

I don't know when, however I just read a promising article in the Erie Times last week... it can be found on the GoErie.com website.  I own land just a mile north of the Crawford/Erie county line, and I have been trying to keep up with any info about drilling coming to our area. 

here is the heading of the article in the Erie Times:

 

Published: November 10, 2013 12:01 AM EST
Updated: November 9, 2013 8:44 PM EST

Titusville prospects for business from Utica Shale

(Region Prepares For 2nd Oil Boom)

By VALERIE MYERS, Erie Times-News
Permalink Reply by Charles Randolph on November 19, 2013 at 6:05pm

McKean County has had 5 more Utica permit applications filed.  Chevron, Shell, Enervest, Reliance of India, and others have interests in that area.

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