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Wells Pump $100K Daily

Gulfport Operations Lucrative

January 27, 2013

BARNESVILLE — The positives keep coming for Gulfport Energy’s Utica Shale operations, as the Stutzman well in southwestern Belmont County could be producing about $100,000 worth of revenue per day....

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(12)

atoddh

Jan-29-13 12:32 AM

troll:I assume the County purchased the land over the years.( with gas/oil below.)

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atoddh

Jan-29-13 12:30 AM

trol:Mineral owners will be taxed on their minerals;seperate from the surface.I understand gas/oil will be taxed at about $25/acre in Ohio County, if under lease:going forward.Gas/oil has been taxed for years in other parts of WV.

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walksabout

Jan-29-13 12:16 AM

the sooner business fails the sooner the people can go back to the land and learn to be self sufficient, strong and proud.

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walksabout

Jan-29-13 12:14 AM

if they are smart. rverybody who finds a dime from energy running through their hands, they will not turn loose and bank it until they are ready to move and let the valley go to the bottom.

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TrollSlayer

Jan-28-13 8:40 PM

atoddh, how (I won’t even get into why) did the County gain possession of all that land? And what will happen to the taxes on other mineral owners when their property values to go up?

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atoddh

Jan-28-13 1:56 PM

troll:The County owns the gas under their lands.Nothing is being confiscated.Equity is the main obstacle to starts ups everywhere.If the County offers this,business will flock to Wheeling.Banks require equity for loans to a project.

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TrollSlayer

Jan-27-13 11:12 PM

The right to PRIVATE mineral rights wealth is very right wing. PUBLICALLY-CONFISCATED mineral rights wealth redistributed to favored crony capitalists is very progressive.

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atoddh

Jan-27-13 10:30 PM

troll:(1.)mineral wealth is very right wing to wit coal in wv.(2.) the only attraction to come to Wheeling to manufacture will be equity financing which the County will be able to do and should do.The can buy shares in start ups of merit.They do own a shopping center!! I think they will go for this, if reasonable opportunities are offered to them.It is the way to create good jobs."Money walks."

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dyingov

Jan-27-13 10:29 PM

atodah, If the county will be flush with money...how about tax reductions? I can spend my money a lot more efficiently than the goberment!

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TrollSlayer

Jan-27-13 9:33 PM

atoddh “the big land owners will make a fortune.The County will be flush with money.They could finance new light manufacturing(private) and rebuild the Wheeling economy:with a venture fund.”

Redistribution of wealth and crony capitalism. Two key elements of the failing yet popular progressive agenda.

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atoddh

Jan-27-13 2:39 PM

the big land owners will make a fortune.The County will be flush with money.They could finance new light manufacturing(private) and rebuild the Wheeling economy:with a venture fund.Retail is not the way for well paid skilled labor jobs to replace steel.Just part of the equation.

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mikeyd

Jan-27-13 7:02 AM

the royalties will be rolling in.

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