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Drilling Activity => Pennsylvania => Bradford County => Topic started by: macal on August 03, 2018, 08:07:29 AM

Title: Chesapeake Rigs
Post by: macal on August 03, 2018, 08:07:29 AM
 
  Curious where the Chesapeake rigs are. Mostly down by Meshoppen?
Title: Re: Chesapeake Rigs
Post by: duffy on August 03, 2018, 09:16:26 AM
Lionetti
Title: Re: Chesapeake Rigs
Post by: macal on August 03, 2018, 10:31:54 AM

  They gonna drill the multi unit 2.5 milers over there? They mentioned a 14,000 footer in their last report.
Title: Re: Chesapeake Rigs
Post by: ghrit on August 03, 2018, 11:55:11 AM

  They gonna drill the multi unit 2.5 milers over there? They mentioned a 14,000 footer in their last report.
Try barking up a different tree.  Most of our crystal balls are murky.
Title: Re: Chesapeake Rigs
Post by: macal on August 03, 2018, 12:24:03 PM

  We know you don't know shit so why do you even care.
Title: Re: Chesapeake Rigs
Post by: ghrit on August 03, 2018, 03:24:27 PM

  We know you don't know shit so why do you even care.
I don't care, but that beggars the question.  Why do you not do the research and investigations rather than plaguing the rest of us?
Title: Re: Chesapeake Rigs
Post by: duffy on August 03, 2018, 05:25:10 PM
I would answer but don't need the bs
Title: Re: Chesapeake Rigs
Post by: GONRA on August 03, 2018, 05:30:35 PM
Speakin' for myself - GONRA is SICK of  these petite disputes.
Title: Re: Chesapeake Rigs
Post by: riverrat on August 03, 2018, 05:43:15 PM
and who's in the center of all of them
Title: Re: Chesapeake Rigs
Post by: macal on August 03, 2018, 07:28:13 PM
  14,000 footers in Northeast PA are news. Longer laterals are what all the drillers want. Its just way more cost efficient. The only way to do it is to drill through 2 units in most cases.
 Our Cabot unit is now included in a 14,000 and a 12.000 foot lateral. First they asked for permission to accept the terms of their multi unit wells. I readily accepted. Then they sent detailed maps of their plans showing the laterals in the different units. The wells have been completed. Just waiting to see the results on the royalties.
Title: Re: Chesapeake Rigs
Post by: macal on August 06, 2018, 07:34:43 AM
  I like reading these investor reports. Most touted the longer laterals. Chesapeake also reported they had good success in the upper Marcellus with one well coming in at 29 million per day. That bodes well for folks in the NE Marcellus.
Title: Re: Chesapeake Rigs
Post by: Dogbone on August 07, 2018, 07:48:56 PM
It only stands to reason longer laterals through multiple units are going to produce more gas.  Chesapeake IS getting set to drill multi-unit laterals in the nw corner of Wyoming county  after finally getting the signed consent forms required. 

I don't think there will be any windfall royalties from this situation for the property owners.  The royalties will be divided among more landowners, so basically royalties received will be a wash.  Unless a person was in a lower producing unit and then combined in a higher producing unit.  Then too, the people in the higher producing unit would share more gas with the lower producing unit and be on the losing side just a bit.  It''s the oil & gas companies that will really benefit. 

Just my thinking.  I don't pretend to be a self proclaimed expert.
Title: Re: Chesapeake Rigs
Post by: Wax on August 07, 2018, 10:33:26 PM
Dogbone, what you wrote, seems like a accurate assessment. Long term it should benefit the environment. Less surface disruption.
Title: Re: Chesapeake Rigs
Post by: macal on August 09, 2018, 07:53:15 PM

  Hopefully a 14,000 footer will produce the same quantity as 2 7000 footers. Who knows. The way I look at it is that the royalties be smaller every month but will come in over a lot longer period of time.
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 09, 2018, 09:32:07 PM
(1)  Hopefully a 14,000 footer will produce the same quantity as 2 7000 footers.

Who knows.

(2) The way I look at it is that the royalties be smaller every month but will come in over a lot longer period of time.
Really??   ::)
Title: Re: Chesapeake Rigs
Post by: macal on August 09, 2018, 09:34:19 PM

   Really. And thats perfect for me. Others maybe not.
Title: Re: Chesapeake Rigs
Post by: ghrit on August 09, 2018, 09:50:34 PM
(1)  Hopefully a 14,000 footer will produce the same quantity as 2 7000 footers.

Who knows.

(2) The way I look at it is that the royalties be smaller every month but will come in over a lot longer period of time.
Really??   ::)
Didn't have a stem education, I suppose.  Failed logic, too.
Title: Re: Chesapeake Rigs
Post by: macal on August 09, 2018, 10:21:13 PM

  Here is a little math test for you fing wizards.

   7000" puts out 20bcf
   14,000 puts out 40 bcf

   Drillers like to run the daily at 10 million per day.

    Say you own 10 percent of your unit but 5 percent of the 2 units combined.

   If you don't like it. Don't sign the papers. And if the well doesnt go directly under your property Chesapeake would probably donut hole you. They like like to screw people.
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 10, 2018, 09:20:00 AM
Didn't have a stem education, I suppose.  Failed logic, too.
AND, it appears that whatever education time that he did have he must have spent entirely in the campus "safe-space box" with his blankee and his teddy bear.  Can't help but notice that his mouth foamith over every time he's criticized...  And even worse, I can't even find a suitable emoticon to fit the occasion  :).
Title: Re: Chesapeake Rigs
Post by: ghrit on August 10, 2018, 07:03:19 PM

  Here is a little math test for you fing wizards.

   7000" puts out 20bcf
   14,000 puts out 40 bcf

   Drillers like to run the daily at 10 million per day.

    Say you own 10 percent of your unit but 5 percent of the 2 units combined.

   If you don't like it. Don't sign the papers. And if the well doesnt go directly under your property Chesapeake would probably donut hole you. They like like to screw people.
Math test?  Given the data you've provided, there's no question to be answered.
Title: Re: Chesapeake Rigs
Post by: macal on August 11, 2018, 07:07:54 AM

  Simply shows that the royalty owner would still get paid on the same amount of gas produced. It would just be spread out over a longer time frame.
 Which suits me just fine.
   

 
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 11, 2018, 09:01:31 AM
Simply shows that the royalty owner would still get paid on the same amount of gas produced. It would just be spread out over a longer time frame.
 Which suits me just fine.
I've heard of "new math" before - and never thought highly of it as all it did was to confuse the vast majority of students.  But what you're "simply show(ing)" makes "new math" look like a Mathematics PhD from MIT.  Come to think of it, that's being too generous.  There's really no math at all in your illogic...
Title: Re: Chesapeake Rigs
Post by: macal on August 11, 2018, 09:18:00 AM
  Just counting my chickens before they hatch. Wells are completed in maybe the best gasfield in the world. Living Lucky.
 Chesapeake sold our lease to Cabot.
  Whew.
  The last statement from Chk I saw they were deducting $2.80 per mcf.Nasty !!!

  Cabot deducts about 54 cents.
Title: Re: Chesapeake Rigs
Post by: duffy on August 11, 2018, 06:51:51 PM
If the well was fracked equally from kick off to toe
Title: Re: Chesapeake Rigs
Post by: macal on August 11, 2018, 09:56:43 PM
  I would think that they could get better frac pressure into the heel side of the lateral than the toe side. Pretty sure the engineers have done testing and determined that the economics are worth it. Cabot had mentioned something about having to frac the toe end of a long lateral with their Gen 4 program and then using their Gen 5 program on the rest of it. They said they had pressure issues. Also they are using way more compressors than they have in the past on the shorter laterals.
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 12, 2018, 08:12:11 AM
  I would think that they could get better frac pressure into the heel side of the lateral than the toe side. Pretty sure the engineers have done testing and determined that the economics are worth it. Cabot had mentioned something about having to frac the toe end of a long lateral with their Gen 4 program and then using their Gen 5 program on the rest of it. They said they had pressure issues. Also they are using way more compressors than they have in the past on the shorter laterals.
"I would think...", "Pretty sure..." - these phrases sum up your point nicely.  Adding spice to your empty salad bowl using words like: "frac pressure", "heel side", "lateral", "Gen 4", and "Gen 5" can do, and indeed does, nothing substantive or informative for anyone without having some real food like lettuce, tomatoes, peppers, onion, chickpeas, bacon crumbles, hard boiled egg, etc. being in the bowl to begin with.  Did mom fail to stock the 'fridge for you?   ::)
Title: Re: Chesapeake Rigs
Post by: macal on August 12, 2018, 08:22:24 AM

  So Ken do you have anything informative or interesting to add?
  You seem quite bitter. You Okay?
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 12, 2018, 04:30:43 PM
  So Ken do you have anything informative or interesting to add?
  You seem quite bitter. You Okay?
Typical passive/aggressive liberal style reply. 
Title: Re: Chesapeake Rigs
Post by: macal on August 12, 2018, 06:07:08 PM
  Why you so worried about me. Duffy knows mucho about this business. Im done with the politic thing here. You won that war.
Title: Re: Chesapeake Rigs
Post by: ghrit on August 12, 2018, 09:03:51 PM
  Why you so worried about me. Duffy knows mucho about this business. Im done with the politic thing here. You won that war.
The war is not over, and cannot be as long as you leave loose ends lying around.  What is Gen 4?  Gen 5?    Where are these defined?  How do you intend to frack the toe and heel at different pressures?  Is that first frack or workover frack?  This all has nothing to do with politics, it is strictly technical.

Why don't you ask Mr. Shepstone about the political side of the business?
Title: Re: Chesapeake Rigs
Post by: macal on August 12, 2018, 09:30:09 PM

  I read the investor reports for Cabot and Chesapeake and sometimes SWN.
  Then they have a Q and A usually with some Wall Steet guys. Quarterly. Cabot uses the term Gen with a number that signifies their completion process. 4 and 5 being their most recent. Its a proprietary process. We can only guess.
  Sand liquid mix? Pressure? Dont know.
 They did mention they had to use Gen 4 on the toe end of a long lateral because of pressure. Still don't know. But maybe if you boys back off someone may be able to enlighten us. 14,000" at a depth of 8,000" is all about pressure to blast that shale.
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 12, 2018, 11:02:56 PM
  I read the investor reports for Cabot and Chesapeake and sometimes SWN.
  Then they have a Q and A usually with some Wall Steet guys. Quarterly. Cabot uses the term Gen with a number that signifies their completion process. 4 and 5 being their most recent. Its a proprietary process. We can only guess.
  Sand liquid mix? Pressure? Dont know.
 They did mention they had to use Gen 4 on the toe end of a long lateral because of pressure. Still don't know. But maybe if you boys back off someone may be able to enlighten us. 14,000" at a depth of 8,000" is all about pressure to blast that shale.
You do not strike me as someone that has the science and math background to be an engineer (for example, quotation marks following a number indicate neither pressure nor depth).  Investor reports do not strike me as a good source of engineering manuals.  Wall Street guys do not strike me as people who are actively working in or retired from field engineering.  This (obvious) lack of background training and sources of information is not a horrible thing.  Many things can be simplified to a point that most interested people with a lack of technical skills can grasp a basic picture.  I know this as a fact as, even with an engineering background, I am often the necessary recipient of such "dumbed down" data.  But in your case, you have not only not yet learned just how little you know, but you post fallacious information in a self-confident format that may, just may, mislead someone who is new to this forum and is actually trying to learn something.  This is what really pisses me off about many of your posts and is why I tend to slam you on occasion.  On the political end, that's just fun and games on a boring day - although even there I may throw some serious barbs into your foolish hot air balloons just for target practice...
Title: Re: Chesapeake Rigs
Post by: macal on August 13, 2018, 12:10:29 AM

  Fallacious Material. Go on. You mean my $2.80 deductions from Chesapeake.
  I have the royalty statement. Also you can read the transcripts from the Cabot Q and A. They are archived on their website. What else. Multi unit laterals.
 They are coming. Too bad yours is with Chesapeake.
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 13, 2018, 08:06:45 AM
  Fallacious Material. Go on. You mean my $2.80 deductions from Chesapeake.
  I have the royalty statement. Also you can read the transcripts from the Cabot Q and A. They are archived on their website. What else. Multi unit laterals.
 They are coming. Too bad yours is with Chesapeake.
You are such an orgulous and arrogant fool.   :(   At least there is hope for those toddling two-year olds that yet may grow in knowledge and wisdom.  You, on the other hand, have shown that you are only willing to be good for target practice.  And even then, one should be careful that the splatter from your crap doesn't hit any nearby fans and foul innocent bystanders.
Title: Re: Chesapeake Rigs
Post by: macal on August 13, 2018, 08:20:38 AM

  No arrogance. Just trying to live and learn. Making way. You really need to be more specific on your critique of me.
  Anyone can call people names.
Title: Re: Chesapeake Rigs
Post by: riverrat on August 13, 2018, 08:57:18 AM
I thought he was specific       question has anybody else had that kind of deductions      $2.80  I checked my neighbors  & he hasn't
Title: Re: Chesapeake Rigs
Post by: macal on August 13, 2018, 09:09:04 AM

  I calculated $2.80 on ours. It varies month to month. Some months no pay.
 What was your neighbors?
Title: Re: Chesapeake Rigs
Post by: ghrit on August 13, 2018, 09:55:21 AM
I thought he was specific     
Who is "he"?  What name (noun or pronoun) would you like used in reference to yourself?
Title: Re: Chesapeake Rigs
Post by: riverrat on August 13, 2018, 10:21:18 AM
I thought he was specific     
Who is "he"?  What name (noun or pronoun) would you like used in reference to yourself?
?
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 13, 2018, 11:01:47 AM
I thought he was specific       question has anybody else had that kind of deductions      $2.80  I checked my neighbors  & he hasn't
CHK's deductions are, in my opinion which is not yet verified in a Court of Law, way excessive and in violation of our lease - but the max that I've seen deducted is about $1.80.  The key to macal's more-than-likely bullcrap is to be found in his own words "I calculated $2.80 on ours"; this from someone who has clearly shown himself not only not able to do a simple math calculation but one who is incapable of even forming a basic logical idea.  Besides, didn't matty just recently state that Cabot has (happily for him) purchased his lease from CHK?  So, other than a sort of angsty-faux concern for others that he uses to mask his true nature, what does he really give a fig about CHK's game plans?  The other bullcrap in his recent posts here is his statement:  "Just trying to live and learn".  It is (or at least should be) a very plain reality to anyone who has followed his postings that he is trying to learn nothing.  He just amuses himself by throwing a bunch of crap against the wall to see if anything sticks.  Then, to compound his arrogance, he tries to pass off what little does stick as being evidence of his "savant status" ("artwork" at the level of worms dipped in different paint colors and dropped onto blank canvas is closer to the truth) and deludes himself (may he delude no one else..) into believing that he is making some sort of contribution to the rest of the world.   And like so many of the fringe-dwelling Beings in today's world, he attacks and slanders those who point out his insidiousness before all.  So, riverrat, if I were you I wouldn't waste my valuable time questioning anyone or researching anything to verify anything that matty ever states.  Nor do I recommend wasting any time of any sort trying to educate matty, although if you're bored you may wish to happily choose to use him for some leisure-time target practice.  Life is just too short for any other relationship with him. 
Title: Re: Chesapeake Rigs
Post by: ghrit on August 13, 2018, 11:16:17 AM
I thought he was specific     
Who is "he"?  What name (noun or pronoun) would you like used in reference to yourself?
?
Apologies, rat, that was mis-aimed.  I got careless in the face of matty's tripe throwing.  (I still wonder how he gets his checkbook reconciled.)
Title: Re: Chesapeake Rigs
Post by: Wax on August 13, 2018, 11:35:43 AM
Cal, your trying hard to keep the forum open. Once your out, it will shut down for good. Opinions are not welcome. Talk about bullying ! All the other posters share the same brain. That is not, how God made us.
Title: Re: Chesapeake Rigs
Post by: macal on August 13, 2018, 11:41:35 AM

  Its a lost cause Wax. Too bad because their is some important stuff that needs to be discussed. Its really just about politics for that bunch. Hard right wingers.
Title: Re: Chesapeake Rigs
Post by: riverrat on August 13, 2018, 12:43:04 PM
opinions   are welcome  it's what's past on as fact that's questioned    & what's politics have to do with this post     & when questioned he either ignores of goes off on a your all far righters & you don't like me   this from a extreme form the far left       TAX TAX TAX
Title: Re: Chesapeake Rigs
Post by: ghrit on August 13, 2018, 12:49:20 PM
Welcome home, wax, good to see you again.

I'm sure matty is appreciative of your support, though in my MT head support of opinions doesn't count if not factually based, and I don't mean as faux news (i.e., speculatively) based.  What's needed is for something of substance coming up for discussion in a reasonably cogent fashion that hasn't been flogged previously. 
For example, where in the endless tripe thrown against the wall has the BKV entry into the Marcellus shown up except where you mentioned it?  Did you go to the presentations?  How does it affect you or matty?  (It doesn't affect me at all, save the questions.)

Matty, just look it up instead of wasting the internet time inviting slams.

tax, tax, tax.  yup, yup, yup.
Title: Re: Chesapeake Rigs
Post by: aubrey on August 13, 2018, 06:58:53 PM
this is funny stuff guys, but you must realize that neither he nor wax have a clue as to what you're talking about.

ya can't teach calculus to a cat.

wj
Title: Re: Chesapeake Rigs
Post by: Wax on August 13, 2018, 09:59:54 PM
Nobody has to be right or wrong to have a discussion. Really it could be a form to discuss farm equipment. I belong to one as well. People certainly are not at odds with each other as here. And Cal is not going to pass a tax law or get CHK to pay up. These forums have two purposes. A) freedom to have a discussion B) fun

Definition of: Internet forum     I am a expert in copying and pasting,  I visited the site a while back, and the Forum was closed. Down to Five posters now.
Internet forum


A website that provides an online exchange of information between people about a particular topic. It provides a venue for questions and answers and may be monitored to keep the content appropriate. Also called a "discussion board" or "discussion group," an Internet forum is similar to an Internet newsgroup (see below), but uses the Web browser for access. Before the Web, text-only forums were common on bulletin boards and proprietary online services. However, Internet forums include all the extras people expect from the Web, including images, videos, downloads and links, sometimes functioning as a mini-portal on the topic.

Forums can be entirely anonymous or require registration with username and password. Messages may be displayed in chronological order of posting or in question-answer order where all related answers are displayed under the question (see message thread)
Title: Re: Chesapeake Rigs
Post by: riverrat on August 13, 2018, 10:21:21 PM
your right nobody has to be right or wrong   but you can't make claims like there facts when you have no idea what there talking talking about if you do get the rear new visitor  they read what they think it is fact & pass it on    fake info       
Title: Re: Chesapeake Rigs
Post by: macal on August 13, 2018, 10:24:31 PM

  Well Rat. Be specific. What have I said that is fake? You can't just jump up and down like Trump yelling fake news. I guess you can. It works for him.
Title: Re: Chesapeake Rigs
Post by: riverrat on August 14, 2018, 12:51:34 PM
well let's start with you 2.80 deduction   post your statement & prove me wrong
Title: Re: Chesapeake Rigs
Post by: macal on August 14, 2018, 01:36:08 PM

  Im trying. Got to find a ten year old to figure out how to copy and paste off my phone.
Title: Re: Chesapeake Rigs
Post by: riverrat on August 14, 2018, 02:06:07 PM
when you get done with that   explain to new visitors   that your statement about  7000ft at 10% will equal 5% at 14000      is really slim chance if any
Title: Re: Chesapeake Rigs
Post by: macal on August 14, 2018, 05:17:15 PM

  Yea. Only if the lateral lengths are equal in each unit. So if you are in the unit with the greater % of the lateral you would get more. Less on on other unit.

  The way Cabot will calculate royalties is multiply the % of the lateral under your unit.
   
Title: Re: Chesapeake Rigs
Post by: duffy on August 14, 2018, 06:38:58 PM
Not quite sure on your Cabot scenerio, Acres and gas produced in a unit has been standard, never heard of % of an individual lateral to determine royalties paid. What if they frack the unit on the "toe" of the well and nothing else and you are in the unit where the lateral kicks off?
Title: Re: Chesapeake Rigs
Post by: riverrat on August 14, 2018, 07:51:35 PM
% of acreage 
Title: Re: Chesapeake Rigs
Post by: macal on August 14, 2018, 08:13:29 PM

  Im pretty sure Cabot would take you normal decimal, %of unit royalty %, and
 multiply it by the % of the lateral under your unit to calculate the amount of your gas produced. Its the only fair way.
Title: Re: Chesapeake Rigs
Post by: macal on August 14, 2018, 09:59:12 PM

   Because units are odd shaped they would have to use the percentage of the lateral in each unit.

  Duffy, as far as the toe frack scenario, I dont think Cabot is doing any toe frack jobs. Chesapeake and others may still be doing that.
Title: Re: Chesapeake Rigs
Post by: riverrat on August 15, 2018, 10:00:03 AM

  Im pretty sure Cabot would take you normal decimal, %of unit royalty %, and
 multiply it by the % of the lateral under your unit to calculate the amount of your gas produced. Its the only fair way.
so the 10% 0f 7000 = 5% of 14000  is misleading
Title: Re: Chesapeake Rigs
Post by: macal on August 15, 2018, 10:06:34 AM
  It was, only because its highly unlikely that each unit would share an equal length of the lateral. In my case one lateral would be a 40% share and the other would be a 33% share. My point was that the checks would be smaller but over time I would get paid for my share of the gas.

 
Title: Re: Chesapeake Rigs
Post by: riverrat on August 15, 2018, 11:59:01 AM
your also telling new comers that you won't get a % unless a lateral runs under there land?      all I can say is newcomers  please do some research before you commit to any of his post     
Title: Re: Chesapeake Rigs
Post by: macal on August 15, 2018, 01:13:26 PM

   I never said that. I did say that if you didnt sign on to the agreement that you could be left out of royalty from the multiunit lateral.
 
Title: Re: Chesapeake Rigs
Post by: riverrat on August 15, 2018, 01:26:48 PM
maybe you should go back & read your post    every post  LATERAL    LATERAL   LATERAL
Title: Re: Chesapeake Rigs
Post by: macal on August 15, 2018, 01:50:40 PM

  Landowners that get a proposal from their company can interpret it anyway they want. Mine is with Cabot and is very straightforward with maps and the formula for calculating royalties. Im pretty sure they are close to producing gas. Got my fingers crossed they are good ones. Hopefully they spell everything out on the royalty statement.
 
 
Title: Re: Chesapeake Rigs
Post by: riverrat on August 15, 2018, 03:10:51 PM
not producing yet                    typical 2 step
Title: Re: Chesapeake Rigs
Post by: macal on August 15, 2018, 03:29:57 PM
 
  So Rat sounds like you are out if CHK comes knocking.
Title: Re: Chesapeake Rigs
Post by: aubrey on August 15, 2018, 04:59:40 PM

  I did say that if you didn't sign on to the agreement that you could be left out of royalty from the multiunit lateral.
 

bullshit alert!

this poster rarely has a clue about the things that he says.

caution is advised when reading his drivel.

wj
Title: Re: Chesapeake Rigs
Post by: macal on August 15, 2018, 05:29:34 PM
  Im saying you could be left out be left out. I didn't say you would be. Technically Cabot told me they didnt need permission. Not sure what would happen if I didn't sign off and they drilled around me.
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 15, 2018, 06:07:19 PM
  Im saying you could be left out be left out. I didn't say you would be. Technically Cabot told me they didnt need permission. Not sure what would happen if I didn't sign off and they drilled around me.
Hopefully everyone on this forum realizes that you're "not sure" about anything.  The old maxim, "Oh what a tangled web we weave, when at first we practice to deceive", speaks poorly enough of a person who practices deceit on others - but becomes a totally sad and pathetic state of affairs when this person practices his deceit upon himself.
Title: Re: Chesapeake Rigs
Post by: macal on August 15, 2018, 06:39:26 PM

  Ken. I bet you were pretty sure you had a no deduct lease. But you never know what Chesapeake will pull out of their hat.They k ow all the tricks.
Title: Re: Chesapeake Rigs
Post by: riverrat on August 15, 2018, 06:49:48 PM

  So Rat sounds like you are out if CHK comes knocking.
???    explain please what this  post means or has anything to do with what were discussion   find that 10 yr old yet
Title: Re: Chesapeake Rigs
Post by: macal on August 15, 2018, 08:01:18 PM

  Simple question. Would you agree to be a part of multi unit wells?
Title: Re: Chesapeake Rigs
Post by: riverrat on August 15, 2018, 08:14:41 PM

  Simple question. Would you agree to be a part of multi unit wells?
already in a multi unit
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 15, 2018, 08:29:49 PM
  Ken. I bet you were pretty sure you had a no deduct lease. But you never know what Chesapeake will pull out of their hat.They k ow all the tricks.
Not "was", AM pretty sure that I have a no deduct lease.  Whether I'm right or wrong is up to Courts or that pesky Arbitration clause to decide, both of which cost more money than I alone have at stake.  And at this time there does not seem to be enough people with my particular lease who are being currently produced to be able to afford the narrowly focused fight - narrowly focused on one lease, not a conglomerate of leases as has been taking place as far as I can tell.  Until then, I just have to wait.  However, at least I get some money, just not all that I believe I should.  But, to anticipate what has been one of your asinine quips in the past, this does not all make me bitter.  It's just a business argument with Monopoly money at stake.  Do I wish that the leaders of our group had not been (deliberately - and I still don't believe that deliberate deception should be a part of any deal) deceived by CHK's representatives?  Sure! But overall they did a far better job than I would have on my own.  And this does not at all change the fact of your arrogant ignorance that you have been displaying - which arrogant ignorance could mislead the unaware if left unchallenged.
Title: Re: Chesapeake Rigs
Post by: macal on August 15, 2018, 08:47:52 PM

  I agreed immediately to Cabots request to drill wells under two adjoining units. One of which I am in. The wells are drilled and fracked. The explained how royalties would be calculated and also sent detailed maps.

  The question is would you boys agree to do the same or decline?
Title: Re: Chesapeake Rigs
Post by: macal on August 15, 2018, 09:21:51 PM

  Simple question. Would you agree to be a part of multi unit wells?
already in a multi unit

  So how are your royalties being calculated?
Title: Re: Chesapeake Rigs
Post by: macal on August 15, 2018, 09:45:42 PM
  Ken. I bet you were pretty sure you had a no deduct lease. But you never know what Chesapeake will pull out of their hat.They k ow all the tricks.
Not "was", AM pretty sure that I have a no deduct lease.  Whether I'm right or wrong is up to Courts or that pesky Arbitration clause to decide, both of which cost more money than I alone have at stake.  And at this time there does not seem to be enough people with my particular lease who are being currently produced to be able to afford the narrowly focused fight - narrowly focused on one lease, not a conglomerate of leases as has been taking place as far as I can tell.  Until then, I just have to wait.  However, at least I get some money, just not all that I believe I should.  But, to anticipate what has been one of your asinine quips in the past, this does not all make me bitter.  It's just a business argument with Monopoly money at stake.  Do I wish that the leaders of our group had not been (deliberately - and I still don't believe that deliberate deception should be a part of any deal) deceived by CHK's representatives?  Sure! But overall they did a far better job than I would have on my own.  And this does not at all change the fact of your arrogant ignorance that you have been displaying - which arrogant ignorance could mislead the unaware if left unchallenged.

   Its funny Ken when I first reported that Chesapeake was deducting $1.80 per mcf from our royalties. Everyone was calling me a damn liar. Maybe including you. Not sure. Liar Liar prove it they said. Then lo and behold you figure out that they are deducting $1.80 from your royalties. No nothing from anyone. Thats par for this course. Now I have a statement showing around a dollar more than that. Im getting the same treatment. Whatever. I stand by my facts and I give my opinions.
Title: Re: Chesapeake Rigs
Post by: riverrat on August 15, 2018, 11:11:32 PM
still waiting             how about reposting the posts that said your lying about 1.80 
Title: Re: Chesapeake Rigs
Post by: macal on August 15, 2018, 11:41:08 PM

  I would start by looking at your posts about 5 years ago.
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 16, 2018, 08:06:45 AM
   Its funny Ken when I first reported that Chesapeake was deducting $1.80 per mcf from our royalties. Everyone was calling me a damn liar. Maybe including you. Not sure. Liar Liar prove it they said. Then lo and behold you figure out that they are deducting $1.80 from your royalties. No nothing from anyone. Thats par for this course. Now I have a statement showing around a dollar more than that. Im getting the same treatment. Whatever. I stand by my facts and I give my opinions.
So are SO full of crap!   What's really sad (and so illustrative of your persona) is that you are putting forth yourself as if you are the only person on this forum that can/did calculate deductions from royalties.  IF you actually did.  You, who have shown yourself incapable of doing math.  Sad?  No!  "Sad" is too polite of a word.  "Pathetic" is getting closer...  You're no Knight on a White Horse - you're much closer to a contagion creeping out of its cesspool.
Title: Re: Chesapeake Rigs
Post by: macal on August 16, 2018, 08:17:07 AM

  That was a good one. Do you use that one on Sunday morning ?
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 16, 2018, 09:30:20 AM
  That was a good one. Do you use that one on Sunday morning ?
Go, and learn what this means:  "...to me it is a very small thing that I may be examined by you, or by any human court; in fact, I do not even examine myself. For I am conscious of nothing against myself, yet I am not by this acquitted; but the one who examines me is the Lord."

What I have said about you, Macal, is true.  I have not libeled you at all as you have libeled anyone and everyone on this forum who calls you out and sheds light on your fictions and ignorance. 
Title: Re: Chesapeake Rigs
Post by: macal on August 16, 2018, 09:41:33 AM

  I kinda knew that was coming. But I really think the cesspool one is special.
 Is that yours?
Title: Re: Chesapeake Rigs
Post by: riverrat on August 16, 2018, 10:56:08 AM
Ken  when you get a chance let us know what you really think of ma     cal
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 16, 2018, 11:48:30 AM
Ken  when you get a chance let us know what you really think of ma     cal
Sure.  Just maybe do give me a little time to work up to it...
Title: Re: Chesapeake Rigs
Post by: aubrey on August 16, 2018, 03:23:00 PM

  I kinda knew that was coming. But I really think the cesspool one is special.
 Is that yours?

it's actually a consensus opinion. kinda like global warming.

wj
Title: Re: Chesapeake Rigs
Post by: ghrit on August 16, 2018, 07:36:11 PM
Yep, matty alone is keeping the forum alive with his malapropisms and speculations.  Here's hoping it survives until the Utica gets hopping.

What a buncha.  Keep it coming matti, we'd hate to see the end of the fun.
Title: Re: Chesapeake Rigs
Post by: aubrey on August 16, 2018, 08:05:36 PM
what the heck is a malapropism....

is that what they're using instead of sand in these new monster wells?

wj
Title: Re: Chesapeake Rigs
Post by: macal on August 16, 2018, 09:15:59 PM
   Its funny Ken when I first reported that Chesapeake was deducting $1.80 per mcf from our royalties. Everyone was calling me a damn liar. Maybe including you. Not sure. Liar Liar prove it they said. Then lo and behold you figure out that they are deducting $1.80 from your royalties. No nothing from anyone. Thats par for this course. Now I have a statement showing around a dollar more than that. Im getting the same treatment. Whatever. I stand by my facts and I give my opinions.
So are SO full of crap!   What's really sad (and so illustrative of your persona) is that you are putting forth yourself as if you are the only person on this forum that can/did calculate deductions from royalties.  IF you actually did.  You, who have shown yourself incapable of doing math.  Sad?  No!  "Sad" is too polite of a word.  "Pathetic" is getting closer...  You're no Knight on a White Horse - you're much closer to a contagion creeping out of its cesspool.

   Thats not libel ?
Title: Re: Chesapeake Rigs
Post by: ghrit on August 16, 2018, 09:24:19 PM
what the heck is a malapropism....

is that what they're using instead of sand in these new monster wells?

wj
Wrong word for the intended meaning.  (You're welcome for saving you the lookup.)
Title: Re: Chesapeake Rigs
Post by: aubrey on August 16, 2018, 11:37:10 PM
do you really think that I needed to look it up?

a malapropism is a malicious priapism.

ha.

wj
Title: Re: Chesapeake Rigs
Post by: ghrit on August 17, 2018, 08:49:49 AM
do you really think that I needed to look it up?

a malapropism is a malicious priapism.

ha.

wj
LOL  That'll send you know who to the dictionary.
Title: Re: Chesapeake Rigs
Post by: kenneth12 on August 17, 2018, 01:15:54 PM
   Its funny Ken when I first reported that Chesapeake was deducting $1.80 per mcf from our royalties. Everyone was calling me a damn liar. Maybe including you. Not sure. Liar Liar prove it they said. Then lo and behold you figure out that they are deducting $1.80 from your royalties. No nothing from anyone. Thats par for this course. Now I have a statement showing around a dollar more than that. Im getting the same treatment. Whatever. I stand by my facts and I give my opinions.
So are SO full of crap!   What's really sad (and so illustrative of your persona) is that you are putting forth yourself as if you are the only person on this forum that can/did calculate deductions from royalties.  IF you actually did.  You, who have shown yourself incapable of doing math.  Sad?  No!  "Sad" is too polite of a word.  "Pathetic" is getting closer...  You're no Knight on a White Horse - you're much closer to a contagion creeping out of its cesspool.
   Thats not libel ?
No, not at all.  It's simply clearly pointing out your character as you yourself have revealed it in the content of the vast majority of your own postings.
Title: Re: Chesapeake Rigs
Post by: macal on August 17, 2018, 01:30:22 PM

  You ever talk about gas anymore?
Title: Re: Chesapeake Rigs
Post by: duffy on August 17, 2018, 03:42:50 PM
Follow where the hot air goes