For those of you in or near the Goodwin Community in western SA Co. you might find this interesting. I focused on a 5 mile radius from the intersection of FM1277 & FM1196. There are a minimum of 28 wells permitted as of 6/4/11. Ten of the wells have initial production reports filed w/ RRC. There are 4 O&G's active in distinct areas. They are Encana, EOG, Exco, & XTO. The average IP for the 10 wells is 19.2. Not bad for an area that used to get $50 p/acre bonus money for leases just a few years ago.
Eighteen wells have yet to report initial production. We'll learn a lot over the next year about our area. I will continue tracking information as it's released.
I've attached a map that shows where the 4 companies are active at this time. I hope you find this useful.
It sounds as though they just missed including you in the A47 2H. There's really no way to know when or if you'll get a well. We are fortunate to have as many wells permitted near us as we do. It's a great indicator that our land is valuable to the O&G's. If wells keep coming in as they have all around us, I feel eventually we will get drilled. I was pleasantly surprised at the grouping of the 4 different O&G's so close to us. Encana seems committed to Blackstone. Perhaps one of the others will move over to us when leases expire if Encana has lost interest. I have been seeing positive predictions on natural gas futures with demand projected to increase by as much as 50%. The company I work for is investing one billion dollars over the next five years along the Gulf Coast because of the shale gas in Texas. As one analyst put it, the Golden Age of natural gas is just around the corner!
glad to see that i think i am in your 5 mile radius. my minerals lie just north east of Encana's Black Stone Unit A-43 #2H and they hold my lease. I have had several companies wanting to buy my mineral rights but i haven't decided
I have a question for you about this map... explain to me how to find the rigs and what are the lines and circles.
If you don't mind. My land appears to be just east of a rig or something there you show on fm 1277.
where it does show your land to the west of this thing. I found my land on this map east on fm 1277 where there are 2 little nice curves in the road. still trying to figure things out.. thanks :-)