BFS14-0594

60.55+/- Net Mineral Acres Out of 115.35+/- Gross Acres
Greene County, PA
Franklin Township

Oil, gas and mineral rights in Greene County, Pennsylvania!

This property is 60.55+/- net mineral acres out of 115.35+/- gross acres in Franklin Township, Greene County, Pennsylvania, in the heart of the Marcellus and Utica Shale Play. This acreage is leased at 15%, gross until October 2020. The pugh clause in the lease provides an opportunity to collect a lease bonus on the non HBP acreage, 10/22/2010.

Laterals from the EQT—Tomcat pad cross the eastern side of this acreage. EQT was issued 16 permits at this site in 2018.

Laterals from the EQT—Mac pad are 633 feet from the western side of this acreage. EQT SPUD 8 wells at this site in 2018 and was issued 2 additional permits.

The map on the first page highlights some of the best wells in the immediate area.

EQT has plans to drill 100 Marcellus wells in SWPA in 2019 (per the March 25, 2019—EQT Corporation—New Company, New Leadership, New Focus—Scotia Howard Weil 47th Annual Energy Conference Presentation).

Dominion Energy Transmission, Inc. has a 24-inch diameter, transmission/ trunk line to the northwestern side of this acreage. Equitrans L.P. has 3, 16-inch diameter, transmission/trunk lines crossing this acreage.

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Property Agent

  • Bill Smith

Phone Number:
724-933-1311
Email:
wsmith@cx-energy.com
  • Tagline: 60.55+/- Net Mineral Acres Out of 115.35+/- Gross Acres
    Greene County, PA
    Franklin Township 
  • Address: Greene County, PA, USA 
  • State: Pennsylvania 
  • County: Greene County 
  • Township: Franklin 
  • Net Mineral Acres: 60.55+/-  
  • Unitized: No 
  • Well/Unit Name: N/A 
  • Lessee Name: EQT 
  • Lease Date: 10/22/2010 
  • Primary Term: 5 Years 
  • Extension Term: 5 Years 
  • Royalty Rate: 15% 
  • Royalty Type: Gross