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Gass Oil well boom,are you ready?

Home ▸ Archive ▸ Serious Business ▸ Gass Oil well boom,are you ready?
I

I Wear Pants

Senior Member

16,223 posts
Dec 11, 2011 5:18 PM
As long as you don't rape it like ccrunner did to that deer he posted then good luck with the hunting.
Dec 11, 2011 5:18pm
gerb131's avatar

gerb131

Senior Member

9,932 posts
Dec 11, 2011 5:19 PM
I Wear Pants;1011391 wrote:As long as you don't rape it like ccrunner did to that deer he posted then good luck with the hunting.
Haha thanks. Its been a bad year for me so far.
Dec 11, 2011 5:19pm
Big_Mirg_ZHS's avatar

Big_Mirg_ZHS

Recovering Pothead

2,079 posts
Dec 11, 2011 5:26 PM
gerb131;1011393 wrote:Haha thanks. Its been a bad year for me so far.
hows sunday sound. Phillis is taking me to a jackets game on Sat. Could have you meet us at 37/70 to grab me and we could head to belle prairie
Dec 11, 2011 5:26pm
gerb131's avatar

gerb131

Senior Member

9,932 posts
Dec 11, 2011 5:27 PM
Big_Mirg_ZHS;1011399 wrote:hows sunday sound. Phillis is taking me to a jackets game on Sat. Could have you meet us at 37/70 to grab me and we could head to belle prairie
Sounds like a date.
Dec 11, 2011 5:27pm
password's avatar

password

Senior Member

2,360 posts
Dec 11, 2011 6:00 PM
OSH;1011351 wrote:$2,000 an acre and 15% royalties? That's low for what's happening in Ohio.

A Guernsey County group got $5,000 an acre and 20% royalties.

Big Mirg, if you actually have that land...join a landowners group. That'll help you get more buck.

Jefferson county is close to $6000.00 an acre and 22% royalties and will continue to climb. You have to watch the landowner groups, as some of them are being run by lawyers that are working for both sides, they get a cut from the landowners for the amount they agree on, about 6-8 percent and then they get a bonus from the oil and gas companies for keeping the amount below a certain amount per acre. I think it is fairly easy to negotiate your own terms. There was one group who was given around $3000.00 + 17% and thought they had hit the jackpot.
Dec 11, 2011 6:00pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 11, 2011 6:07 PM
I'll have to check what my parents got.
Dec 11, 2011 6:07pm
OSH's avatar

OSH

Kosh B'Gosh

4,145 posts
Dec 11, 2011 6:18 PM
Big_Mirg_ZHS;1011378 wrote:if i actually have??? you thnk i would make up uownin land in meigs county?? lol
I don't know you...there's a lot of people who just say things to say things.
wes_mantooth;1011370 wrote:I feel bad for the thousands of people that are locked under contract to Kimbles. They aren't getting **** from those crooks and they can't get out from it for a couple of years.
Yeah, just have to make sure you don't make any bad deals with people.
password;1011437 wrote:Jefferson county is close to $6000.00 an acre and 22% royalties and will continue to climb. You have to watch the landowner groups, as some of them are being run by lawyers that are working for both sides, they get a cut from the landowners for the amount they agree on, about 6-8 percent and then they get a bonus from the oil and gas companies for keeping the amount below a certain amount per acre. I think it is fairly easy to negotiate your own terms. There was one group who was given around $3000.00 + 17% and thought they had hit the jackpot.
Sometimes that deal you mentioned is "the jackpot." It all depends on what everything is worth. The landowners groups can be good as you mentioned, and they shouldn't get trapped by lawyers if the group and its officers are doing their jobs.
Dec 11, 2011 6:18pm
Dr.Pizza's avatar

Dr.Pizza

Senior Member

219 posts
Dec 11, 2011 6:21 PM
$3,500 an acre
Dec 11, 2011 6:21pm
Big_Mirg_ZHS's avatar

Big_Mirg_ZHS

Recovering Pothead

2,079 posts
Dec 11, 2011 6:21 PM
OSH;1011469 wrote:I don't know you...there's a lot of people who just say things to say things.



Yeah, just have to make sure you don't make any bad deals with people.



Sometimes that deal you mentioned is "the jackpot." It all depends on what everything is worth. The landowners groups can be good as you mentioned, and they shouldn't get trapped by lawyers if the group and its officers are doing their jobs.
Still it was insulting.
Dec 11, 2011 6:21pm
OSH's avatar

OSH

Kosh B'Gosh

4,145 posts
Dec 11, 2011 7:14 PM
Big_Mirg_ZHS;1011474 wrote:Still it was insulting.
If that was insulting...you really need to relax. If that was insulting, I'd hate to be around you if there was actually an insult directed toward you.

There was absolutely nothing to it. I have no idea who anyone is on this site, how am I supposed to know what anyone has or doesn't have?
Dec 11, 2011 7:14pm
Mr. 300's avatar

Mr. 300

Senior Member

3,090 posts
Dec 11, 2011 8:43 PM
The company I work for has been doing quite a bit of renovation for Holdings Companies and anyone that has vacant buildings. In Cambridge alone we've already done some major work on a vacant ubit, and in the St C area just finished working on 3 vacant bldgs. All these are being leased out with more to come.
Dec 11, 2011 8:43pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 11, 2011 8:49 PM
So how long of a process is the fracking?/If this creates the jobs people are talking about how long will they last?
Dec 11, 2011 8:49pm
G

gut

Senior Member

15,058 posts
Dec 11, 2011 8:53 PM
I Wear Pants;1011706 wrote:So how long of a process is the fracking?/If this creates the jobs people are talking about how long will they last?
10-20 years? But between the dire job market and our energy dependence, if it were only 5 years does that really change what should be an obvious answer?
Dec 11, 2011 8:53pm
Pick6's avatar

Pick6

A USA American

14,946 posts
Dec 11, 2011 9:01 PM
I Wear Pants;1011706 wrote:So how long of a process is the fracking?/If this creates the jobs people are talking about how long will they last?
I've heard enough work for the area for 20 years. Dover said he's heard 5-10 years minimum.
Dec 11, 2011 9:01pm
j_crazy's avatar

j_crazy

7 gram rocks. how i roll.

8,372 posts
Dec 11, 2011 9:06 PM
I Wear Pants;1011706 wrote:So how long of a process is the fracking?/If this creates the jobs people are talking about how long will they last?

Fracks are a part of completing a well. As long as they are drilling they are fracking. After that re-fracks are possible. Look at it this way even with no drilling you still need 1 person for every 20 wells producing. So if they drill 10000 wells they'll need 500 people to keep them running. Not to mention workovers so probably another 1 person per 15 wells. That's gonna be 40 to 50 years. So the boom will last 10-20 years but those jobs will fizzle out. The production jobs are long term.
Dec 11, 2011 9:06pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 11, 2011 9:11 PM
gut;1011711 wrote:10-20 years? But between the dire job market and our energy dependence, if it were only 5 years does that really change what should be an obvious answer?
No, unless the problems with the fracking (be it cementing or any part of it) actually do fuck up the water because then I think the obvious answer is to solve that before moving forward.

TL;DR: Drill as many wells as you want as long as you don't fuck up the water.
Dec 11, 2011 9:11pm
j_crazy's avatar

j_crazy

7 gram rocks. how i roll.

8,372 posts
Dec 11, 2011 10:20 PM
Lol iwp is a jerkoff. I'm trying to explain how it works so you can form an opinion without Michael Moore and pelosi jargon and you give me a tldr. Douche.
Dec 11, 2011 10:20pm
Pick6's avatar

Pick6

A USA American

14,946 posts
Dec 11, 2011 10:21 PM
j_crazy;1011810 wrote:Lol iwp is a jerkoff. I'm trying to explain how it works so you can form an opinion without Michael Moore and pelosi jargon and you give me a tldr. Douche.
yea, why ask the question if he is just going to come back with a smart ass remark
Dec 11, 2011 10:21pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 11, 2011 10:24 PM
Jesus Christ. I'll be sure to not use the term fracking to describe the whole process from now on.

And Moore is a fat douche.

Also the TL;DR wasn't directed at you so fuck off. I did appreciate your breakdown of the production jobs and such though.
Dec 11, 2011 10:24pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 11, 2011 10:25 PM
Pick6;1011812 wrote:yea, why ask the question if he is just going to come back with a smart ass remark
What smart ass remark did I have?

Apparently concerns over chemicals in water count as a smart ass remark now.
Dec 11, 2011 10:25pm
j_crazy's avatar

j_crazy

7 gram rocks. how i roll.

8,372 posts
Dec 11, 2011 10:33 PM
@ IWP. My bad, thought it was. Was just trying to help. Don't worry about fracking its safer than people would have you believe. I'm sure Ohio has an oil and gas commission overseeing everything. Their website would be a great resource. They police the whole process.
Dec 11, 2011 10:33pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 11, 2011 10:36 PM
I'll check that out. I'm not trying to be Captain Planet, but I have read some things about water contamination and was hoping someone in here would maybe be all "well here's an article that explains why that isn't really a problem" or something.

That Forbes one I linked did that to a degree saying that some of the water contamination was due to that particular gas deposit or whatever being more shallow than most and that others probably wouldn't have that problem.

Also, internet is serious business so don't worry about it and I'm an asshole so jerkoff comment was probably deserved.
Dec 11, 2011 10:36pm
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sleeper

Legend

27,879 posts
Dec 11, 2011 10:40 PM
IWP has proven time and time again that he's a bleeding heart liberal who hates cops and loves the environment. He has an almost complete detachment from reality and instead chooses to live and defend a fantasy land.

He's the liberal version of "thedynasty" and may god help us.
Dec 11, 2011 10:40pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 11, 2011 10:43 PM
Yes, I'm a bleeding heart liberal who voted for Mccain and will vote for Paul if he's on the ballot.

And you said "loves the environment" like it's a bad thing. We all should. That doesn't mean we have to cry every time a tree is cut down though. Reason should still prevail.
Dec 11, 2011 10:43pm
j_crazy's avatar

j_crazy

7 gram rocks. how i roll.

8,372 posts
Dec 11, 2011 11:36 PM
sleeper;1011847 wrote:IWP has proven time and time again that he's a bleeding heart liberal who hates cops and loves the environment. He has an almost complete detachment from reality and instead chooses to live and defend a fantasy land.

He's the liberal version of "thedynasty" and may god help us.

I'm supposedly the enemy of these "fracking is bad" nuts but I love the environment. Likely do more hiking/ swimming/hunting/fishing than any of them.
Dec 11, 2011 11:36pm