CHK and RRC Leasing in Potter,Center,Racoon, Independance,Green and Hanover Townships..Also Shippingport ?

I have been hearing that a lot of leased landowners in these areas have been receiving checks (from CHK) for leases that have not expired as well as owners that are signing new leases and renewing expired leases (with RRC)...please let us all know if you signed or are being asked about leasing...we all need to stay up on what is happening around us..as well as what they are offering and who is offering...something is happening slowly and quietly..please let us know what is happening around you...

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Replies to This Discussion

Permalink Reply by craig on March 17, 2015 at 2:34pm

Don't know anything much about South of the Ohio River, sorry.

Permalink Reply by Todd on March 20, 2015 at 11:50am

Gary,

Thanks for the 411 on the leasing in southern Beaver County.  I haven't visited the Beaver County recorder's website in a while.  Sounds like there is a lot of leases being recorded at the courthouse. 

Good to hear.

Todd

 

Permalink Reply by Nancy LeNau on March 20, 2015 at 1:43pm

Nothing new here, Gary.  

Permalink Reply by cattlerancher on March 23, 2015 at 4:07am

I just checked the Beaver County website and according to the website there has only been one recorded lease since January 2014 in all of Beaver County.  That was with CHK and the property was located in Independence Twp. for whatever its worth to you.  I am not believing the rumors of signing new leases b/c the recordings don't back up the rumors.  I would love to wrong btw.  They may be renewing leases for a second term but that can not be confirmed. 

Permalink Reply by craig on March 23, 2015 at 4:42am

Just remember it appears to take up to 3 months before the co's officially file the paperwork with the County.

Permalink Reply by Todd on March 24, 2015 at 10:18am
Cattlerancher,

Congratulations on being wrong!!
You need to look up the "Memorandum of Lease" not just "Lease" in the search options on the recorder's website.
For instance, there have been 311 Memordams of Lease in Hanover TWP and 69 in Greene TWP by Range since 1/1/2014 til today and they keep on leasing and recording as we speak.

Total of 935 Range leases in Beaver County (southern) since 1/1/2014.

Thanks, Todd
Permalink Reply by Todd on March 24, 2015 at 10:38am
On the other hand, I see that CHK has been releasing a handful of leases in Greene TWP since last year.

What is everyone else finding on the recorder's website???
Permalink Reply by Gary on March 24, 2015 at 1:17pm

Todd I have talked to a few folks in green twshp and they have sizable pieces of land ..CHK has just been sending them checks to renew their leases...and their leases have any where from 6 months to a year to go..I know that there are many more CHK leases in the area that have 2 yrs to go ..CHK was active for quite a while back when they were in the area..RRC has also leased some sizable pieces as well..it appears to me that the leases are all in the same general area...I'll keep my ear to the ground...Also I'm going to the Northeast Gas Industry Summit in Pittsburgh tomorrow..hope to hear something worth reporting...oh I have not looked at the recorders web site..

Permalink Reply by Todd on March 24, 2015 at 2:14pm

Gary,

Here is the link to search the recorder of deeds:

http://www.beavercountypa.gov/recorder-deeds/recorder-deeds-online-...

Too many Memorandums of Lease to view but the townships RRC is leasing corresponds with their presentations and you have them listed in the header of this discussion.  Also, Craig is right -- the courthouse is about 4 months behind on recording.

Sounds interesting tomorrow... Enjoy it! 

Todd

 

Permalink Reply by craig on March 24, 2015 at 4:34pm

Community efforts always seem to pay off.
Thanks fer the info as well!

Permalink Reply by Todd on March 26, 2015 at 10:33am
Gary,
Did you learn anything new and of interest at the Gas Summit?

Thanks, Todd
Permalink Reply by Victor on March 27, 2015 at 2:50pm

On 3/11/15, I attended a land owners meeting with a representative of Range Resources.
At that meeting, they said that they were top leasing (renewing) current leases in the southern part of Beaver County. They have contracted with Mark West to supply gas for Mark West's new Fox Facility Northern Loop Cracker Plant, which is being built near the intersection of US 22 and Pa 18. Southern Beaver County and western Allegheny is what Mark West is referring to as their Northern Loop.
Since they have a commitment to supply a stated amount gas for the plant, they will be drilling in our area, and need to secure the leases for longer term planning. The drilling is waiting on the plant and pipe lines to be installed.
They will be in contact with current lease holders, but are not expecting to add new leases, unless the area is absolutely critical.

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