Rumors & Tidbits for Guernsey County

Some true,some hearsay...Aubrey is looking for a site to build his regional office with a Cambridge address.  Aep Utica is looking to drill a well behind the General store in Old Washington,early feb.   .AEP is drilling now in Harrison co. Rice will be moving their big rig from Belmont co. to daddy Shugerts well in Old Washington,soon. Bluegrass Pipeline coming thru the county this year. Compressor  station for Antero's well below Senecaville is ready to fire up any day.  Gulfport is sending rigs to Guernsey soon. EQT is wanting to drill 21 new wells in Guernsey this year. Carrizo has 2 pads built,ready to roll. Cheasapeake,all of a  sudden,likes Guernsey,better than Carroll. The company wanting to build an apartment complex at the I-77/Rt.22 site has agreed to help finance a sewer plant needed at that site& Coventry Estates. Motel to be built across from Pilot on the hill almost ready to roll. Some landowners near Quaker City are getting offers of $13,400. per acre to sell their Mineral rights.  Any other tidbits are welcome. You hear things from credible sources that may not even be true,but you be the judge.

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Replies to This Discussion

Permalink Reply by scott peterson on March 10, 2014 at 12:59am

I agree Bo, the numbers just dont seem to add up to anywhere near the ballpark they should be. Why in the world would mineral buyers be willing to pay almost 20k and acre. Just doesnt add up.

Permalink Reply by cj wyalusing on April 12, 2014 at 12:37pm

Thats because there just fliping them to,the drillers. I can not believe all the miss  informed people ,are on this site . find out  who your midsteam companys are  they will bill you more in well enhancement fees sell your gas/oil @ a low price to there own company then resell back to them self with gouging the heck out of you. There's even a blog on here who states that Aubrey is the next best thing to ice cream. I think he is going to put a statue in the middle of town of him . Can't you see what's happening across you state and mine.I am all for drilling but what's the sence of it all when you don't get paid what you are owed!!  I am not talking about all the drillers they no who they are  . Cj 

Permalink Reply by jonathan M. on March 10, 2014 at 1:16am
As far as prices my last check I received around $80 for oil and 3.20 for gas nowhere near the spot prices. Chesapeake paid around 2.40 for gas which made me laugh in anger.
The price per acre for the gulfport well is only one leg. They are in the process of drilling 3 more.

I've only rec. 3 checks from gulport but already the decline has been pretty significant. The Chk wells not as bad but like I posted previously I believe they are restricted.
Permalink Reply by Philip Brutz on March 10, 2014 at 12:00am
Jonathan, what is the decline rate on your well?
Permalink Reply by Tom on March 13, 2014 at 11:41am

Since this is the rumors thread, I just heard one today that I liked.

I have no way to verify the information myself and have only heard it via 4th party word of mouth.  My neighbor drives some Amish folks around as his "day job".  The one Amish fellow was telling him he know's one of the people who have a small stake in the Rex Anderson wells.  Something like 2 acres or so in it.  He told my neighbor they have been getting about $2000.00/acre or a little more as their royalty checks for the last few months.  Not too shabby, and this is more in line with what the production numbers are showing for those wells.  I have no idea of the % they are getting or if they have deductions or not.  But that's pretty good news.

Permalink Reply by scott peterson on March 13, 2014 at 11:46am

Now thats more like it.............................!

Permalink Reply by lance on March 13, 2014 at 12:15pm

Yeah, if it's accurate.... I'd like to think it is... I heard these wells would pay 500 to a thousand bucks an acre..... Most of the checks have been far less from what I've gathered on this site.... Maybe somethings fishy somewhere with these numbers.... 

Permalink Reply by Philip Brutz on March 13, 2014 at 2:00pm

I thought that all of the J.Anderson acreage is owned by Capstone Holdings? 

Permalink Reply by evan on March 13, 2014 at 3:13pm

All of that land is capstone holding company Philip. Who said it isn't ?

Permalink Reply by Philip Brutz on March 13, 2014 at 3:34pm

Tom was just saying that he heard 4th hand that someone had 2 acres in the pool.

Permalink Reply by Tom on March 13, 2014 at 9:36pm

No, it is NOT all capstone land.  There are 2 or 3 very small parcels in it at the north end of the legs right at Greenlawn Road that are privately owned.  Apparently nobody ever bothered to look at the platmaps for the wells.  Download the PDF and see for yourself.

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Permalink Reply by Philip Brutz on March 14, 2014 at 12:19am

Thanks Tom

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