Replies to This Discussion

Permalink Reply by john goodday on May 12, 2010 at 0:29

BEUSA - Cowdin well in Sec. 27, T13N-R15W has been waiting on completion since Jan. 09.

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landownerPermalink Reply by Crunchy on May 12, 2010 at 3:07

I have been waiting since 08.

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landownerPermalink Reply by Henry on May 12, 2010 at 5:55

Crunchy,
Don't you just love SWEPI? Do they have to start making shut-in payments after your primary term expires?

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landownerPermalink Reply by Crunchy on May 12, 2010 at 8:18

With my Fabulous lease they only have to pay $100 per year or something like that...it is laughable.....if it wasn't really about a lot more money.

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Oil & Gas ProPermalink Reply by Les Bamburg on May 12, 2010 at 3:15

John, you may need to check if the surface facilities have been installed and a connection made to a gathering pipeline. That typically needs to occur before Chesapeake will fracture stimulate the well and place on production.

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landownerPermalink Reply by w.r. frank on May 12, 2010 at 4:27

Chesapeake has wells everywhere waiting on frac and not pipeline. As opposed to XCO and HK, which have dedicated frac crews from service vendors, CHK just lets them sit. See sections 13, 15, 16 and 10 of 13N, 13W. Only topped by SWEPI, which lets them sit for YEARS! See S21, 13N, 12W for Calhoun 21.

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Oil & Gas ProPermalink Reply by The_Baron on May 12, 2010 at 8:30

With gas prices at $4 what's the hurry?

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landownerPermalink Reply by Bacon on May 12, 2010 at 4:40

Figure on $300-$500 an acre per month for several months if it's an average HA well.

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landownerPermalink Reply by getoverit on May 12, 2010 at 5:28

Our well was fracked (sp?) on 7/2/2009 and has been waiting on pipeline since 7/9/2009. We just found out that the final person was signing the pipeline agreement today. About how long does it usually take to lay the pipeline? Chesapeake is the company we are leased to for that particular well. I know it will be at least another three months before any royalties are received, but I am just curious as to approximately how quickly they can get the pipe in place and start production. We were told once that it could possibly be done within a month. Thanks!

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Oil & Gas ProPermalink Reply by The_Baron on May 12, 2010 at 8:31

I hope your right, but prices could easily go the other way...

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