Replies to This Discussion

Permalink Reply by Joseph-Ohio on June 22, 2015 at 1:48am

Don't have to look close to see not much infrastructure being built in the north and I think it's a mistake for domestic interests overall - that's MY point.

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Permalink Reply by Joseph-Ohio on June 22, 2015 at 1:54am

Right now I see $60.00 per barrel oil as doing the most harm to domestic development myself.

I also think that the interim time that oil takes to recover in price should be spent on more development (E & P, expanding the domestic use of NG, and infrastructure); not lobbying and looking for more Oil & Gas friendly legislation / taxes / politics and etc.

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Permalink Reply by Joseph-Ohio on June 22, 2015 at 2:05am

Would like to see you 'all wet' about 10 years.

Sage59's estimate is nearer to my liking.

Variables will tell the tale.

Sooner is much better than later.

BTW, wishing you Good Luck on your well Mike - but, I wouldn't get my hopes up for any time before Oil price recovery and / or greater usage of natural gas.

JMHO

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Permalink Reply by Mike Murphy on June 22, 2015 at 2:41am

thanks joseph .....due to renew in the next 12  months so I will get another bonus payment to put in the bank while I wait  hve minerals in wv to due to renew in the next 6 months ......more bonus to bank ,,,,,,,,,  wv is on a triple play......and possibly a 4th play the Rogersville shale ........

Permalink Reply by Joseph-Ohio on June 22, 2015 at 3:09am

Sounds like you don't really need more luck !

We in the north are who need it - like I've been sayin'.

However, also wishing you luck collecting your royalty (when it starts) as I've been reading where many seem to be getting hosed.

J-O

Permalink Reply by Jim Litwinowicz on July 23, 2015 at 2:51am

More infrastructure for ya!  EQT and RR new pipeline in SW Pa

http://seekingalpha.com/pr/14174065-eqt-midstream-partners-to-const...

EQT Midstream Partners, LP (EQM) today announced that it has entered into a definitive agreement with Range Resources (RRC) Appalachia, LLC to construct a natural gas header pipeline in southwestern Pennsylvania to support Ranges dry Marcellus and Utica development. The pipeline will provide greater than half a billion cubic feet per day of firm capacity and is backed by a long-term firm capacity reservation commitment.

EQT Midstream Partners, LP (Partnership) will invest approximately $250 million for the construction of 32 miles of pipeline and installation of approximately 32,000 horsepower of compression. The Partnership plans to complete the project in two phases, with phase one expected to be in-service by the third quarter of 2016 and phase two by mid-year 2017. The majority of capital investment is expected throughout 2016 and the first half of 2017.

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