BFS14-0419

114.077+/- Net Mineral Acres
Tioga County, PA
Delmar Township

114.007+/- contiguous net mineral acres in Delmar Township, Tioga County, Pennsylvania. 106.23+/- acres are in the Shell—Martin 421 Unit and 4.97+/- acres are in the Shell—Willard Unit.

The “rumor mill” believes that the Willard Unit will be expanded and that the Martin Unit will be on Shells’ radar in 2018.

Industry reports indicate that the Utica/Point Pleasant—Gas in Place for this area of Tioga County ranges from 65—85 GIP Bcf per square mile. JKLM, Seneca Resources and Shell have “Monster” results coming from Utica test wells in Potter and Tioga County…

Shell—Gee well flowed at an initial rate of 11.2 MMcf/d and was drilled to a total measured depth of 14,500 feet with a 3,100-foot lateral, and utilized 13 frac stages.

Shell—Neal well, has been online since February 2014, and had an observed peak flowback rate of 26.5 MMcf/d. It was drilled to a total measured depth of 15,500 feet with a 4,200-foot lateral and utilized 16 fracture stages.

Seneca’s exploration well was drilled on a pad in its DCNR Tract 007 in Tioga County. The company reported it had a 24- hour peak production rate of 22.7 MMcf/d of natural gas. It was drilled to a true vertical depth of 12,200 feet with a 4,640-foot lateral, and was completed over 30 stages.

UGI Corporation has a transmission/trunk line to the eastern side of this acreage.


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Property Agent

  • Bill Smith

Phone Number:
724-933-1311
Email:
wsmith@cx-energy.com

 

  • Tagline: 114.077+/- Net Mineral Acres
    Tioga County, PA
    Delmar Township  
  • Address: Tioga County, PA USA 
  • State: Pennsylvania 
  • County: Tioga County 
  • Township: Delmar 
  • Net Mineral Acres: 114.077 
  • Unitized: Yes 
  • Well/Unit Name: Martin & Willard 
  • Lessee Name: Shell 
  • Lease Date: HBP 
  • Primary Term: HBP 
  • Extension Term: N/A 
  • Royalty Rate: 12.5% 
  • Royalty Type: Net