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Texas Royalty Owners - "itemized deductions for natural gas"
6 Replies

Started this discussion. Last reply by intrepid Nov 10, 2009.

 

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Oil & Gas Proawharris replied to Skip Peel - Mineral Consultant's discussion Shell sells Appalachia shale gas assets for $541 million
"It's a mix in the Marcellus but mostly dry and dry Utica too.  That was one stated reason Shell divested: "They are in the dry gas areas of the Marcellus and Utica shales and would not be able to produce the ethane, a natural gas…"
May 7, 2020

Oil & Gas Proawharris replied to Skip Peel - Mineral Consultant's discussion Shell sells Appalachia shale gas assets for $541 million
"I work the area but had never heard of them.  Although we're not in Tioga. Here's their current footprint: https://www.natfuel.com/seneca/marcellus_shale.aspx And here's an article with a basemap showing both acreage…"
May 6, 2020

Oil & Gas Proawharris replied to Skip Peel - Mineral Consultant's discussion Shell sells Appalachia shale gas assets for $541 million
"With a whole lot more PDP.  "Shell has quadrupled the production and is selling it for less than 1/10 the price they paid.""
May 5, 2020

Oil & Gas Proawharris replied to Skip Peel - Mineral Consultant's discussion Sklar Exploration Files Chapter 11
"Yeah, too bad.  They moved the HQ to Boulder a few years ago."
May 1, 2020

Oil & Gas Proawharris replied to Steve P's discussion Cypress Operating, Inc
"Maybe so.  Haven't been in LA in a decade."
May 1, 2020

Oil & Gas Proawharris replied to Steve P's discussion Cypress Operating, Inc
"This is usually due to minimum royalty being less than $100 for the year.  When I worked for them they sent out one payment per year as a courtesy even if less than $100 but that gets expensive with thousands of checks.  Maybe they have…"
May 1, 2020

Oil & Gas Proawharris replied to Steve P's discussion Cypress Operating, Inc
"Yep, they're still around.  "
May 1, 2020

Oil & Gas Proawharris replied to dbob's discussion The great crew change
"My daughter is entering UT for Petroleum Engineering in a few months.  By the time she graduates, O&G is likely to be back and being a contrarian may work out very well for those that remain.  If there were really no opportunity in the…"
Apr 21, 2020

Oil & Gas Proawharris replied to Marie's discussion Is Chesapeake Filing For Bankruptcy
"I don't have a list handy for their divestitures but they have had offerings on all auction houses for a while now.  They have been spinning off non-core assets in all of their basins to service their debt.  Their most profitable…"
Apr 20, 2020

Oil & Gas Proawharris replied to Marie's discussion Is Chesapeake Filing For Bankruptcy
"The word was that those laid off were from assets previously sold and in the due diligence phase. They had to be kept on during the transition.  This is common.  From what I see, don't put the nail in CHK's coffin yet as they…"
Apr 19, 2020

Oil & Gas Proawharris replied to Skip Peel - Mineral Consultant's discussion Ignore the Fake Climate Debate, or Is The Wall Street Journal Following GHS?
"Skip, you're confusing shut-in due to offset-frac-interference (OFI) with repressurization. OFI is for safety (blowout & release) mitigation and monitoring.  It reduces little the chance for communication since the lowering of drained…"
Jan 28, 2020

Oil & Gas Proawharris replied to Skip Peel - Mineral Consultant's discussion The Texas Railroad Commission must tap the brakes on oil and gas production
"Dang Skip, for a petroleum landman, you're either clueless or a mouthpiece for anti-"big oil" propagandists.   https://www.aei.org/carpe-diem/the-truth-about-all-those-subsidies-for-big-oil/ The above article does a good job…"
Jan 7, 2020

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At 9:53 on August 24, 2009,
Oil & Gas Proawharris said…
Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 10,000 members.

Check out current discussions HERE.

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best,

Keith "Haynesville"
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P.S. Have fun SHALING!

 
 
 

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