East Ohio Oil and Gas LLC

I’m bringing this topic over from the shaleforum. Does anyone know the intentions of these guys? As of yesterday they have leased over 10,000 acres(April 2017- present) in Knox county. Some info from shaleforum members include: they are paying $100/acre for all strata and East Ohio Oil and Gas is a shell company for Western Land Services. Any other information is appreciated.

http://www.recorder.co.knox.oh.us/

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Permalink Reply by David Cain on March 26, 2018 at 8:19am

According to the County Engineer's report posted on the ODNR web site they list the formations targeted as: BEREA, ONODAGA,CLINTON,QUEENSTON,TRENTON, KNOX

Cabot_Permits.docx

Permalink Reply by James Vanderink on March 26, 2018 at 10:06pm

Yea I’m not sure why Cabot listed the “shallow” formations. The sublease between Columbia and Cabot is for formations below the base of the Utica Shale. So basically Trenton Limestone down.

Permalink Reply by Blueflame_02 on March 27, 2018 at 12:54am

Very easily could be the "Point Pleasant" as we often forget that the Utica Shale is actually an entirely different formation. But if Cabot wants some oil, it would be interesting to see them try out some horizontal Knox/Rose Run if the seismic says it's possible!

Permalink Reply by James Vanderink on March 27, 2018 at 3:32am

The sublease specifically calls out the PP is part of the Utica as far as the sublease is concerned. Not sure about horizontal drilling in Roserun traps. But they are here for something and doubt they will just tell us.

Permalink Reply by Gary Castellini on March 27, 2018 at 3:44am

No idea what formation but they have started pad construction. Good Luck Cabot!

Permalink Reply by Butchc on March 29, 2018 at 1:58am

Probably should have it's own thread but earlier I had mentioned the horizontal drilling going on just west of Mt Gilead. They must have done OK because there is crew there installing equipment  and  huge pump jack, lots larger than is seen in that area it there waiting to be set.

Permalink Reply by Ralph cramdon on March 29, 2018 at 3:10am

Wouldn't a pump jack being installed this early in the game indicate a lack of pressure to drive the oil up ? 

Permalink Reply by Gary L on March 29, 2018 at 7:43am

http://www.kallanishenergy.com/2018/03/20/appalachian-basin-remains...

Good info looking at current and future drilling activities. This link probably should be moved to a different general thread.

Permalink Reply by Bluejack Farms on April 3, 2018 at 6:28am

I just checked the Knox county recorders office. Cabot has recorded leases for another 4000 acres in the past few days. 

http://www.the-review.com/news/20180402/oil-and-gas-company-eyes-dr...

Permalink Reply by James Vanderink on April 4, 2018 at 12:21pm

It will be interesting to see what Mr. Stark had to say today at the Utica conference. Did anyone on here go to it?

Permalink Reply by Tom Pendergast on April 7, 2018 at 4:56am

Gary,   Thanks so much for this link to Pin Oak.  I hadn't heard of them before.  What they are doing is really exciting.  I closely follow NGL production rates around the world.  I have never seen results like Pin Oak is getting:  45% and 25% NGLs is incredible.  Did you know that the OH/WV/PA region is the only NGL-producing area anywhere that exports NGLs, especially ethane?

Permalink Reply by Gary Castellini on April 9, 2018 at 8:41am

Just adds to the intrigue of what Cabot has plans for in North Central Ohio

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