any insight on what is going on?
got a letter saying EOG wanted to do survey on 188
squre miles. I’m in goshen township tusc county. Ohio
the paying $5 acre to cover damages
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According to a recent article EOG has been working some rigs in the Utica oil window and feel that at todays prices and with their drilling expertise, they may be able to profitably drill and produce in the oil window. They have taken over some older wells and leases from EAP and for them to do seismic in the oil window prior to leasing would make sense. $5 per acre is/was the going price in Harrison Co. a few years ago to shoot seismic.
Big insider EOG buy this week
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