"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…"
"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…"
"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…"
"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…"
"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…"
"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…"
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.
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More