Just curious...
I am in Liberty township and a few months ago got an offer to buy my royalties for 1500 to 1800 per acre, but they would do a more in-depth look if I was serious which "mite change the numbers" slightly....even tho I am not drilled or receiving any royalties ..talked to a landsman rite b4 I contacted them and he advised caution as there will be "significant" activity in my area in the "near future"....how about it, anybody else get an offer or hear anything or see any activity here in Tioga Co. ?
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But lateral length determines the size of those bills. It's the balance between cost and production/revenue that counts.
A seismic is not a black and white ex ray of the soundings your getting back.Its a determination of how you read the image you get back.
I Will join Josie and Bob wishing everyone to a happy holiday and a prosperous New Year
Granddad Ladd
OT if there not drilling longer laterals for increased production than why spend the extra money to drill longer laterals don't understand that?Do you know how many frac stages they did on this long lateral.
So Old Timer, Are you talking about the spacings between new pads or wells on side by side parallel units? Are you saying that Gas would be likely to migrate from an inactive unit to a unit where gas is being harvested if wells are any closer? Thereby reducing the actual volume available from second unit when it is drilled.
Between each unit there would be a section that is more or less intact, (forming a barrier so to speak) between units.
A little difficult to visualize, not knowing how these deposits are laid down to start with.
Granddad Ladd
Looks like a calculated crap shoot, no matter who does the drilling or where!
This thought occurred to me. Supposing that all of a sudden the plates should shift like they sometimes do, (major earthquake) and change the entire picture of gas and oil deposits?
I recall driving south down route 15 toward Harrisburg, (May have been farther south). years ago and I noticed an area where a huge underlying section of rock was forced into a vertical position. This section had forced itself up through the later deposits, (something like a boil). The overlaying layers had no choice except to bend and eventually reform themselves around this section of rock.
It was some 50 odd years ago. I was hauling loads of hay to mushroom growers in southeastern Pennsylvania. A Cut thru the mountain exposed this interesting rock formation.
Granddad Ladd
To Josie and Josie
About 70 years ago I spent many hours just west of Seneca Lake exploring a tiny creek named Wilson's Creek. There was an outcropping very similar to your photo . Very soft and crumbly! Being only about 14 years old, I was a bit curious but had no idea other then it was called SHALE. I recall thinking that I could easily dig a cave into this crumbly layer of shale.
H did help neighboring farmers with their farm work, (Hauling hay, picking cherries, weeding beans, Swiping sweet corn for a corn roast in Wilson Creek gully), Typical farm boy activities!
We moved to Pensylvania during Christmas vacation, (Dad's birthplace and his early stomping grounds), about 1949. I had just celebrated my 15th birthday.
Since the Marcellus gas exploration and development, I have often thought of that shale outcrop that I had poked around in as a kid was really the important Marcellus shale deposit.
Granddad Ladd
To Josie and Bob
To give you a more accurate location of where the outcropping of shale was where I spent early childhood, I punched up the Swepi LP Marcellus shale map posted by you folks.
Find the area between Seneca lake and Kueka lake. Look for the little towns of Stanley and Hall. Stanley is on route 245. Hall is on 14A. If you trace a line from the junction 245 and 14A directly toward Seneca lake, You should come very close to where this outcropping is located. I would estimate it to be between two and three miles west of Seneca lake.
I cannot pinpoint any closer, but to say that it forms the gully that Wilson Creek flows through on its way to Seneca Lake.
Granddad Ladd
Wonder if they will establish a temporary pipeline for water to Douglas, Whoops, I misread..... An impoundment at the Douglas site too? Little confusing here.
Two impoundments to supply water for Abplanalp pad wells?
Just how far is P-Pad from Abplanalp pad? And are they in adjacent units? or is there a unit between the two?
Trying to put this entire Flatcastle operation together is confusing to say the least.
Granddad Ladd
You seem awfully determined to show that nobody knows more than you. I just tell it like it is - you're wasting your time looking for mistakes.
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