194+/- net mineral acres and 133.78+/- acres of farm land (no structures) in Perry Township, Fayette County, PA.
Approximately 1.40 miles from the Westmoreland/Fayette County line. This property is in the Great Lakes Energy Partners LLC , Fiore Unit. The Landowner is receiving over $1,000 in monthly royalty income.
This property is surrounded by Utica Gushers! In Westmoreland County, CNX Gas Company Gaut Utica well has a 61 MMcf/d test rate, in Washington County, Range Resources Claysville Sportman's Utica well has a 59 MMcf/d test rate and in Greene County, EQT Production Company Scott's Run well has a 72.9 MMcf/d test rate.
Chevron Appalachia is the primary driller in the area surrounding this property. To the north of this property, the Porter-Naylor Unit has 5 producing Wells averaging 2.47 MMcf/d. Southwest of that unit is the Sickle Unit which has 7 drilled wells with SPUD date of 7/29/2014. South of the Sickle unit is the Lester Unit, which has 5 producing wells averaging 2.11 MMcf/d and slightly further south is the Rosa Unit with 6 wells averaging 2.35 MMcf/d (All mentioned wells are less than 5 miles from this property)
Across the county line, the Atlas Resources Floro Unit has 1 producing well averaging 3.16 MMcf/d.
Steel River Infrastructure Partners, Spectra Energy Corporation, EQT and NiSource all have infrastructure in this area.
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194+/- Net Mineral Acres
Fayette County, PA
- Address: Fayette County, PA, USA
- State: Pennsylvania
- County: Fayette County
- Township: Perry
- Net Mineral Acres: 194
- Unitized: No
- Well/Unit Name: Fiore - Shallow Well
- Lessee Name: Lomak Resources
- Lease Date: 7/24/1998
- Primary Term: HBP
- Extension Term: HBP
- Royalty Rate: HBP
- Royalty Type: N/A