Chief Oil and Gas
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| - | Dallas, Texas-based '''Chief Oil and Gas''' (aka ''Chief Oil & Gas Appalachia'') is a privately held, independent exploration and production company. Its Marcellus shale leasehold was reported in June, 2009 as being in excess of 500,000 acres in [[Pennsylvania]] and [[West Virginia]], and it has more than 100 employees working on development. | + | Dallas, Texas-based '''Chief Oil and Gas''' (aka ''Chief Oil & Gas Appalachia'') is a privately held, independent exploration and production company. Its Marcellus shale leasehold was reported in June, 2009 as being in excess of 500,000 acres in [[Pennsylvania]] and [[West Virginia]]. It had more than 100 employees working on Marcellus development. |
| - | It is working with [[Union Drilling Inc.]] in [[Pennsylvania]] who was the well operator for several Marcellus wells being drilled for Chief in Lycoming County in northeastern Pennsylvania. | + | It has been working with [[Union Drilling Inc.]] in [[Pennsylvania]] who was operator for several Marcellus wells that Chief had drilled in northeastern Pennsylvania's Lycoming County. For example, a late 2007 report found that the company had drilled two Lycoming Co. wells in the township of Mifflin and a third one in Watson. A fourth well had been planned for Penn Township. In May, 2008 Chief opened a field office on Fairfield Road in Montoursville, a suburb of the city of Williamsport located in the county. |
| - | A late 2007 report found Chief having drilled two wells in Mifflin Township and one in Watson Township. Both were in Lycoming County. Another well had been planned in Penn Township. In May, 2008 Chief opened a field office on Fairfield Road in Montoursville, a suburb of Lycoming County's Williamsport. | + | In September, 2008, Chief was reported as having paid a fine to the [[Susquehanna River Basin Commission]] of $250,000 for not complying with limits on water withdrawals used for drilling gas wells in the Basin. |
| - | In September, 2008, Chief was reported having paid a fine to the [[Susquehanna River Basin Commission]] of $250,000 for not complying with limits on water withdrawal for wells in the Basin. | + | An October, 2008 report noted that Chief had been very active leasing property in [[Bradford|Bradford County]], Pennsylvania with 627 leases having been recorded with the County Registrar of Deeds. Only [[Chesapeake Energy|Chesapeake Appalachia LLC]] had recorded more. |
| - | An October, 2008 report noted that Chief had been very active leasing property in [[Bradford|Bradford County]], Pennsylvania with 627 leases having been recorded with the County Registrar of Deeds. Only [[Chesapeake Energy|Chesapeake Appalachia LLC]] recorded more. | + | In November, 2008, a report appeared about yet another Lycoming Co. drilling project Chief had underway near Hughsville, Pennsylvania. It was on the Barto farm off Beaver Lake Road. Again, Union Drilling was operating the rig. |
| - | In November, 2008, a report appeared about a drilling project Chief had underway near Hughsville, Pennsylvania on the Barto farm off Beaver Lake Road in rural Lycoming County. Again, Union Drilling was operating the drilling rig. | + | A report later in November found Chief [[hydro-fracturing]] its second well on the Kensinger farm also located in Hughsville. Richard Thurston had been the on-site project manager. |
| - | A later November report found Chief [[hydro-fracturing]] its second well on the Kensinger farm also located in Hughsville. Richard Thurston had been the on-site project manager. | + | An early December, 2008 report identified Chief as having drilled again in Mifflin Township. It is located approximately twenty miles west of Hughsville and about seven miles north of Jersey Shore. This vertical well was also in the process of being hydro-fractured. |
| - | An early December report identified Chief as having drilled in Mifflin Township, located approximately twenty miles east of Hughsville, and also in Lycoming County. This vertical well was also being hydro-fractured. | + | A May, 2009 report noted that Chief had been conducting [[seismic testing]] near Portage Township, Cambria County and in Middlecreek Township, Somerset County, Pennsylvania. These two regions had been targeted for gas exploration. The area in Portage Township to be studied had been in the vicinity of Bens Creek. It is in the northern part of Portage, yet the survey area may have even stretched into Washington Township. The study area covered 10.3 miles cutting across the Bens Creek area. An earlier report (Jan, 2008) indicated that during 2007, Chief had signed over 300 leases in Somerset County through its agent, [[Keeton Group LLC]]. By May, 2009, the company was planning to drill test wells there from six to twelve months later. |
| - | A May, 2009 report noted that Chief had been doing [[seismic testing]] near Portage Township, Cambria County and in Middlecreek Township, Somerset County, Pennsylvania. These areas had been targeted for gas exploration. The area in Portage Township to be studied had been in the vicinity of Bens Creek in the northern part of the Township, but could stretch into Washington Township. The study area covered 10.3 miles cutting across the Bens Creek area. An earlier report (Jan, 2008) indicated that during 2007, Chief had signed over 300 leases in Somerset County through its agent, [[Keeton Group LLC]]. The company had planned to drill test wells there in six to twelve months. | + | [[Appalachian Geophysical Services]] was to conduct the seismic testing in both Cabria and Somerset counties. Appalachian Geophysical personnel typically plant small explosive charges in a series of test holes each ten feet deep. Once the charges are detonated, acoustic information echoes back up from the subsurface features and is picked up by sound equipment on a logging truck. |
| - | [[Appalachian Geophysical Services]] was to conduct the seismic testing in both Cabria and Somerset Counties. Appalachian Geophysical personnel plant small explosive charges in a series of test holes each ten feet deep. Acoustic information echoes back from subsurface features and gets picked up and logged by truck once these charges have been detonated. | + | Similar seismic testing was also underway in Blair County, PA. |
| - | Similar seismic testing is underway in Blair County, PA. | + | A June, 2009 report found Chief drilling in rural [[Clearfield|Clearfield County's]] Chest Township. This well site was located on the Hutton farm along Punkin Ridge Road, State Route 3003, LaJose RD. It had been Chief's second [[Marcellus shale]] well in this central Pennsylvania county. |
| - | A June, 2009 report found Cheif drilling in Chest Township in rural [[Clearfield|Clearfield County]] on the Hutton farm along Punkin Ridge Road, State Route 3003, LaJose RD. This was Chief's second Marcellus shale well in the county. | + | In August, 2009 [[Enerplus]] announced that it had entered into agreements with Chief and affiliates to purchase a 30% share in the latter's prospective drilling rights for Marcellus shale. The announcement stated that, prior to the acquisition, Chief had owned a 72% interest in 540,000 gross acres located mostly in Pennsylvania's Marcellus shale fairway. Enerplus paid a total of $406M (US) or ($3,500/net acre). $162M was to be paid up-front, with the balance contributed over a period of four years in the form of payment--that is, a carry--for 50% of Chief's future Marcellus shale drilling and completion costs. The deal was to close in September, 2009. Under terms of an ''area of mutual interest'' side-agreement Enerplus was entitled to participate in any future Marcellus land acquisitions Chief and/or its affiliates made on exactly the same terms. Chief was to be well operator. |
| - | In August, 2009 [[Enerplus]] announced that it had entered into agreements with Chief and affiliates to purchase a 30% share of its interests in the latter's prospective drilling rights for Marcellus shale. The announcement stated that, prior to the acquisition, Chief had owned a 72% interest in 540,000 gross acres located mostly in the Marcellus shale fairway in Pennsylvania. Enerplus paid a total of $406M (US) or ($3,500/net acre). $162M that was to be paid up-front, with the balance contributed over a period of four years in the form of payment--that is, a carry--for 50% of Chief's future Marcellus shale drilling and completion costs. The deal was to close in September, 2009. Under terms of an ''area of mutual interest'' side-agreement Enerplus was to be entitled to participate in any new Marcellus land acquisitions made by Chief and/or its affiliates on exactly the same terms. Chief was to operate the drilling and production from the wells. | + | This Enerplus announcement noted that Chief had drilled 10 vertical and 21 horizontal Marcellus wells. Nine were producing at the average rate of 8.2 Mmcfe/d gross (1.8 Mmcfe/d Enerplus). |
| + | It also mentioned that Chief maintained regional offices in Wexford near Pittsburgh, and field offices in Uniontown and Montoursville (Williamsport). | ||
| - | The August announcement from Enerplus also noted that Chief had drilled 10 vertical and 21 horizontal wells. Nine wells were producing at the rate of 8.2 MMcfe/d gross (1.8 MMcfe/d Enerplus). | + | ''Chief Gathering LLC'', a Chief affiliate, was in the process of building pipelines to collect gas from Chief's various wells across Pennsylvania. Enerplus had also entered into a long-term agreement with this entity for taking care of gathering, dehydrating and compressing Enerplus' share of gas production resulting from the deal. |
| - | The company has a regional office in Wexford, greater Pittsburgh metro area, and field offices in Uniontown and Williamsport. | + | |
| - | + | ||
| - | ''Chief Gathering LLC'', a Chief affiliate, had been in the process of building pipelines to collect gas from Chief's various wells around the state. Enerplus had entered into a long-term agreement with this unit for gathering, dehydration and compression of Enerplus' share of the gas production. | + | |
| * Trevor Rees-Jones is Founder, President and CEO of Chief Oil & Gas | * Trevor Rees-Jones is Founder, President and CEO of Chief Oil & Gas | ||
Revision as of 18:59, 6 November 2009
Here is where some info about Chief Oil and Gas should go. This article is still a stub and needs your attention. It does not have a template and contains minimal information. Please dive in and help it grow!
Dallas, Texas-based Chief Oil and Gas (aka Chief Oil & Gas Appalachia) is a privately held, independent exploration and production company. Its Marcellus shale leasehold was reported in June, 2009 as being in excess of 500,000 acres in Pennsylvania and West Virginia. It had more than 100 employees working on Marcellus development.
It has been working with Union Drilling Inc. in Pennsylvania who was operator for several Marcellus wells that Chief had drilled in northeastern Pennsylvania's Lycoming County. For example, a late 2007 report found that the company had drilled two Lycoming Co. wells in the township of Mifflin and a third one in Watson. A fourth well had been planned for Penn Township. In May, 2008 Chief opened a field office on Fairfield Road in Montoursville, a suburb of the city of Williamsport located in the county.
In September, 2008, Chief was reported as having paid a fine to the Susquehanna River Basin Commission of $250,000 for not complying with limits on water withdrawals used for drilling gas wells in the Basin.
An October, 2008 report noted that Chief had been very active leasing property in Bradford County, Pennsylvania with 627 leases having been recorded with the County Registrar of Deeds. Only Chesapeake Appalachia LLC had recorded more.
In November, 2008, a report appeared about yet another Lycoming Co. drilling project Chief had underway near Hughsville, Pennsylvania. It was on the Barto farm off Beaver Lake Road. Again, Union Drilling was operating the rig.
A report later in November found Chief hydro-fracturing its second well on the Kensinger farm also located in Hughsville. Richard Thurston had been the on-site project manager.
An early December, 2008 report identified Chief as having drilled again in Mifflin Township. It is located approximately twenty miles west of Hughsville and about seven miles north of Jersey Shore. This vertical well was also in the process of being hydro-fractured.
A May, 2009 report noted that Chief had been conducting seismic testing near Portage Township, Cambria County and in Middlecreek Township, Somerset County, Pennsylvania. These two regions had been targeted for gas exploration. The area in Portage Township to be studied had been in the vicinity of Bens Creek. It is in the northern part of Portage, yet the survey area may have even stretched into Washington Township. The study area covered 10.3 miles cutting across the Bens Creek area. An earlier report (Jan, 2008) indicated that during 2007, Chief had signed over 300 leases in Somerset County through its agent, Keeton Group LLC. By May, 2009, the company was planning to drill test wells there from six to twelve months later.
Appalachian Geophysical Services was to conduct the seismic testing in both Cabria and Somerset counties. Appalachian Geophysical personnel typically plant small explosive charges in a series of test holes each ten feet deep. Once the charges are detonated, acoustic information echoes back up from the subsurface features and is picked up by sound equipment on a logging truck.
Similar seismic testing was also underway in Blair County, PA.
A June, 2009 report found Chief drilling in rural Clearfield County's Chest Township. This well site was located on the Hutton farm along Punkin Ridge Road, State Route 3003, LaJose RD. It had been Chief's second Marcellus shale well in this central Pennsylvania county.
In August, 2009 Enerplus announced that it had entered into agreements with Chief and affiliates to purchase a 30% share in the latter's prospective drilling rights for Marcellus shale. The announcement stated that, prior to the acquisition, Chief had owned a 72% interest in 540,000 gross acres located mostly in Pennsylvania's Marcellus shale fairway. Enerplus paid a total of $406M (US) or ($3,500/net acre). $162M was to be paid up-front, with the balance contributed over a period of four years in the form of payment--that is, a carry--for 50% of Chief's future Marcellus shale drilling and completion costs. The deal was to close in September, 2009. Under terms of an area of mutual interest side-agreement Enerplus was entitled to participate in any future Marcellus land acquisitions Chief and/or its affiliates made on exactly the same terms. Chief was to be well operator.
This Enerplus announcement noted that Chief had drilled 10 vertical and 21 horizontal Marcellus wells. Nine were producing at the average rate of 8.2 Mmcfe/d gross (1.8 Mmcfe/d Enerplus). It also mentioned that Chief maintained regional offices in Wexford near Pittsburgh, and field offices in Uniontown and Montoursville (Williamsport).
Chief Gathering LLC, a Chief affiliate, was in the process of building pipelines to collect gas from Chief's various wells across Pennsylvania. Enerplus had also entered into a long-term agreement with this entity for taking care of gathering, dehydrating and compressing Enerplus' share of gas production resulting from the deal.
- Trevor Rees-Jones is Founder, President and CEO of Chief Oil & Gas
- William Buckler is Chief's Senior Vice President of Operations.
- Kristi Gittins is Vice President of Communications.
- Daria Fish is Chief's Community Affairs Officer.
- Ben McCue is a Government Affairs Specialist.
