Posted by Ron muhlenkamp on July 21, 2014 at 20:46:25 from (72.23.84.205):
In Reply to: Oil and gas lease posted by rrlund on July 21, 2014 at 13:19:37:
I live in Butler County PA. (30 miles north of Pgh.). We're sitting on top of the Marcellus shale, which is a huge deposit running thru much of PA, WVa, and eastern Ohio. A good source of data in this area can be found on Range Resouces website. They are a big driller in SW PA and publish a lot of useful data in their presentations. Also the website Marcellus gas.org has data on every well drilled in PA. We have published a booklet on the numbers in our area, which might be useful to you. If you give me your mail address (ron@muhlenkamp.com), I'll send you a copy. I don't know what the oil or gas fields in your area are but a little research shoud net similar sources for you area. First of all, read the lease, if you don't like some of the terms, make changes. You've negotiated before. It's not a contract until you both sign it.
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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