DEVON TO FORM A UNIT IN T-7 13W
A friend has received an application letter from attorneys to unitize 900 plus acres in T-7 R13W by Devon and an additional 6 wells - in the letter the wells were for James Lime for gas and condensate - most of friend's property is under Toledo Bend and it seems unusual to me that it would not be for the Haynesville . . . what is the deal with the increase in acreage and the James Lime? Friend did not have the letter on hand so do not have the particulars - meeting will be at Best Western in Natchitoches at the end of August - Attorneys are from Shreveport. I know this is hodgepodge info but maybe someone else know more about this.
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Replies to This Discussion
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Permalink Reply by Shaleeee on
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Electro, most if not all of the land in this 960 acres was leased by CHK - is there a working partnership between CHK and Devon? If this unit comes to fruition and the wells are drilled successfully, which company would the mineral owners contact for info and which one would pay the roylaty.
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Permalink Reply by HMI on
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Guys ...do you have anymore scoop on what the status of things is down here in Sec. 8? We've got some land down there and I haven't seen many changes to the updates on Sonris.
Has there been any talk of oil production being a target in this specific unit?
Thanks for any input you may have. -
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Permalink Reply by a on
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its my understanding that the devon james lime well is not very good. they have two compressors onsite and are having to gas lift. i havent heard any produciton numbers yet. i have heard that at the current gas prices they are not going to drill anymore in this area.
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