CRESTON NEWS

(09/16/2013)
By Alvin Engelke
alvinengelke@hotmail.com

The big Creston ATV Poker Run is scheduled for Saturday, September 28, starting at 9 A. M. at the Creston Community Building. The route will depend upon the amount of precipitation. Hopefully the Creston area will not receive Colorado type weather -- W, Va, had that in 1985.

Former Burning Springs & Creston resident Florence Sandy, wife of Frank Sandy, celebrated her 80th birthday on the 14th.

Several members of the Oldies Four Wheeler Club gathered at the Creston Community Building for a ride. They first went up Little Creek.

The dog catcher was attending to business in Creston the other day.

Charles Russell was consulting with Dr. Suresh.

Bob Matthey noted that he was now on the mend after being laid up for some months. He had neck surgery concerning the vertebrae &, as it turned out, the dura mater got nicked causing the loss of spinal fluid.

Several local residents including the Brooksville gang of Buckeye Petroleum attended the SOOGA meeting in Reno on Thursday. Also there were Tom & Betty Jo Lemon & son Tom Jr. Both Carl & Donna Sue Ferrell won door prizes.

One of the talks was on environmental terrorism. It was learned that a group of "greenies" plan to demonstrate all the way from Pittsburgh to Point Pleasant. Not so long back they created a problem at the Triad Hunter Green facility at New Matamoras. The demonstrators linked themselves together with "sleeping dragons" that must be cut off with specialized tools which the Washington County Sheriff's office now possesses. It seems these folks have sophisticated photography and they want folks to hurt them so that they can sue and get sympathy.

It was announced that CNX/Consol has divided up their Marcellus acreage with Noble which initially had 50% of it all. CNX will take the dry gas while Noble will develop the wet areas which include Wirt County & environs. A similar deal has been worked out with Hess which has the Utica rights.

One of the main fellows at Artex which is based near Marietta gave a report on the Utica in Ohio and showed the oil, wet & dry windows. The dry wells come in at as much as 3 million cubic feet/day with the went ones at about 1/3rd of that. However, if the well makes 800 bbl/day of gas liquids @ $45/bbl with condensate fetching $80 or more/bbl, then the wells become lucrative. It was noted that "Washington County [Ohio] is worthless" but the speaker made it very clear that such was not at all the case. If one extended the lines southward across the Ohio River part of Pleasants, all of Wood and most of Wirt Counties are in the Wet Utica zone.

It was noted that the liquids will be removed from the gas in a two stage process -- first just removing the heavier compounds from the methane and then separation in one of the big fractionation plants like Hastings in Wetzel County. Then the ethane will be sent, via the ATEX pipeline to ethane crackers in the Gulf of Mexico with the propane being taken away by the TEPPCO pipeline. It was noted that there is now or soon will be 116 million cubic feet/day of fractionation capacity. It was noted that $billions have already been invested in infrastructure with, obviously, much more on the way.

Larry Cavallo noted that the lateral length for Marcellus wells (average) has gone from 3,853 feet to 7,173 feet & that if one first fractures the Burkett formation one gets better results from the Marcellus fracs. He noted that the yield from wet wells worked out to 1/2 bbl of oil equivalent/day for foot of lateral. Also the length of frac stages has gone from 500 feet to 150 feet.

The price of local Pennsylvania grade crude dipped to $106.91/bbl. while ALS (drip) fetched $86.19 with Marcellus & Utica light was $102.99 and medium fetched $108.41.

There will be a fall farm tour in Monongalia County on October 5. Participants should be at the Park & Ride at the junction of I-79 & I-46 (the road to Cumberland) at 9 A. M.

The Wirt Oil & Gas group will meet Saturday, October 5 at 8:30 A. M. at the high school auditorium in Elizabeth.

The Commonwealth of Virginia has determined that CBM (coal bed methane) is a mineral estate separate from the coal in which it is contained. There is now a class action lawsuit in the Old Dominion by mineral owners trying to get paid the royalties that have been put "in escrow" for up to 25 years. The main defendants are EQT (Equitable) and CNX (Consol Energy). Federal Judge James Jones is to rule soon on the case.

The former head of the Russian secret police completely snookered the Big Eared One & John Heintz-Kerry who looked like the amateurs on the world stage that they are. A fundamental transformation means that the Russian enemy is now the "leader" on world problems. A US military leader noted that the American military is so badly gutted now that it cannot mount any significant war effort anywhere.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of the Hur Herald.