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Oil & Gas Leasing

PA Prisons and Colleges May Lease Minerals

by Kenneth E. DuBose on October 21, 2011

Pennsylvania prisons and educational facilities may be granted the right to lease their minerals. Currently, only the conservation commission and the game commission benefit from mineral rights that sit atop the Marcellus Shale. The bill will broaden authority for oil & gas leasing on commonwealth lands. If a separate bill passes, the facilities will get […]

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El Paso County CO Niobrara Shale Oil & Gas Leasing Booms

by Kenneth E. DuBose on August 29, 2011

El Paso County, CO, has never had a commercial oil & gas well, but leasing sure indicates that might change in the near future. The rumored target is the Niobrara Shale, but we’re still in the stages of tight lips, so we haven’t heard a definite just yet. Leasing activity continues to pick up, so […]

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Ominex Petroleum and Black Raven Energy are both working to secure oil & gas leases in Phillips County, CO. Join the Phillips County Oil & Gas Group at MineralRightsForum.com and discuss your lease offers and where you see activity. The area has been on again, off again for leasing over the years and drilling has […]

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North Carolina Hydraulic Fracturing Laws Needed

by Kenneth E. DuBose on August 2, 2011

North Carolina shale gas exploration will not take off until companies are able to frack and complete oil & gas wells in the state. Current law does not allow for the use of fracking or hydraulic fracturing. The state has only recently garnered oil & gas industry attention. A 2008 USGS study first noted the […]

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Chesapeake Utica Shale Acreage Tops 1.25 Million Acres

by Kenneth E. DuBose on July 29, 2011

Chesapeake Energy announced its Utica Shale acreage position in its quarterly earnings call this morning. The company has leased over 1.25 million acres in the Ohio Shale and expects the acreage could be worth $15-20 billion. The acreage position doesn’t come as a surprise as many have known they were establishing a significant position, but […]

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North Carolina Oil & Gas Mineral Leasing Continues

by Kenneth E. DuBose on July 19, 2011

Chatham County and Lee County in North Carolina continue to get interest for leasing mineral rights in the Deep River Basin. We’ve seen leasing interest since a USGS study back in 2008 pegged the basin for oil & gas potential. NCSU and Dr. Ted Feitshans plan to hold an informational on leasing and how to […]

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The Morehouse Shale or the Smackover Brown Dense formation is garnering more and more attention in Northern Louisiana. No doubt that something of interest is creating the stir in oil & gas leasing in Union Parish and Morehouse Parish in Louisiana. “Ray Smith of Monroe, who works in the oil and gas industry, said rumors […]

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