Educated guesses or fact based speculation on Rex plans for Butler county pa.

I thought it might keep Butler county forum more alive and let us look back on hindsight later to see who would be the closest at "guessing" Rex's plans for your individual townships. Especially with the lower prices on gas/oil and industry wide consolidation. Since it is my idea, I'll start it off.                              Using the current Butler county online courthouse records , discussions with land agent and neighbors plus what appears to be actually happening both visually and from permit application info. My best educated thoughts for Center and Clay townships are Rex will move towards the Fleeger site next and then the Gray site.(South west movement).                                                                                                  In the meantime they will proceed with plans for a compressor station north of Renick pad across from Byers road. For those of us with the old Shell leases in the "Moraine east area", I'm stuck between three scenarios :     1) They are waiting for those  leases to expire and then coming back to us with "crappy royalty/bonus" take it or leave it leases. OR                                                                                                                                                                                     2) They will add a small amount of our individual acreage and pay a small stipend for our remaining acres under any pugh clauses we may have OR                                                                                                    3) They will have a subsidiary mineral rights company try and buy our rights for pennies on the dollar, while the gas/oil market is way down.                                                                                                       Also, they will be attempting to lease pipeline right of ways for gas and water in order to continue fracturing process in Center and Clay townships and onward.                                                                   OK Landowners, lets hear what you believe could/will happen around your area. Remember, the more we share the more we will all know.

 Any brave landowners want to go next? It's all in fun and education. No personal attacks allowed.

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Permalink Reply by Philip Thackray on February 8, 2015 at 8:13am

Oliver Perry,

The "Swiss Cheese" Unit!!

Have you found a place that will let you just download the well plats or do you still have to ask someone for them?

Regards,

Phil

Permalink Reply by Oliver Perry on February 8, 2015 at 9:06am

Hi Phil,

We can only wish there was a site where we could just download all the plats.These documents along with the Renick info is available on the Center Township website here: http://www.centertownship.net/

The Oakland Township website also offers some down-loadable plats here:

http://oaklandtwponline.com/gas_and_oil_leases

Permalink Reply by Robert Allingham on February 8, 2015 at 11:43am

Thanks Oliver Perry, That was great information. Appreciate your sharing.

Permalink Reply by michael motorcycle on February 11, 2015 at 5:01am
Scenario 1 most likely. Our shell lease expired and Rex did not utilize the extension option on over 100 acres in a northern Twp. We had a 18% no deduction lease.
Permalink Reply by Robert Allingham on February 11, 2015 at 5:40am

Thanks for that very useful information Michael M.- I think they'll be back with a crappy lease in the next year or two when oil and gas recover somewhat. If I hear anything I'll let you know buddy.

Permalink Reply by Frank on February 13, 2015 at 11:17am

I wonder what is going on on Rockdale Rd. in Penn Twp. They tested our wells but no one has seen any kind of papers on the division orders that I know. They are working on the construction entrance to the site. Anyone here have any input on that? I wonder whether they will punch a horz. or just a vert, well to tie up lease's?

Permalink Reply by Philip Thackray on February 13, 2015 at 12:44pm

Are you talking about the Sharlow unit on Rockdale?

Phil

Permalink Reply by Frank on February 13, 2015 at 1:12pm

Yes, that is the one. Near the power line.

Permalink Reply by Philip Thackray on February 13, 2015 at 2:41pm

The Unit may declared in the next little while.  The division orders will not come until the wells are finished.

Phil

Permalink Reply by Philip Thackray on February 14, 2015 at 12:56am

Frank,

The two permitted wells on the Sharlow pad are horizontal.

Phil

Permalink Reply by Frank on February 14, 2015 at 7:26am

Thank you Philip, I don't really have a grasp on all this yet. Seems the gas co. don't tell anything to the property owners. Wish I would have put in my lease that  I want monthly updates on anything concerning my property :) wishful thinking huh?

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