**rumor**

 

525 bopd and rising

 

Also heard that SWN was planning on recompleting the Roberson well at the higher portion of the the Brown Dense which is the same level the Garrett well was completed.

 

Can anyone confirm?

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Any rumor if this production has H2S or not?

At this point in time I have not compared the Brown Dense Smackover to any other resource play, and I feel that it would be premature to do so.

I'll refer you to a previous post in this thread that said "The newest rumor is that the SWN insiders believe this play will eclipse the Eagle Ford Shale." It was SWN who compared this play to the Eagleford. 

I then went on to suggest that these flow rates (Rumored ~800 BOPD) from one of the play's first handful of completion attempts is astounding. Please find the attached document from my previous post. This is data from early Eagleford Shale Wells, and it should enable you to conclude that the Brown Dense Learning Curve is unfolding at an accelerated rate.  Should SWN's learning curve / IP rates continue increasing at their present rate, then The Brown Dense Smackover might be better compared to the Baaken than the Eagleford. 

I do not think this will happen that fast, if at all. I was merely commenting on how rare it is to get 800 BOPD from from one of the first few completions attempted in a new resource play - No other Resource Play has ever been anywhere near 800 BOPD in this few completions attempted.

SWN's Q1 earnings conference call is Friday @ 10am eastern.

Hopefully we will get confirmation of those rumored ~800 BOPD flow rate numbers.

I do appreciate your view of the play and the potential that the LSBD represents, and if the rumor numbers turn-out to be even close to reality, it will be difficult to contain my excitement. 

i agree with you.  i want all the practice measures refined before they drill on our land.  hope they do, but hope they totally know what they doing when they drill.

Sonris Lite reports, as of 4/27/2012, that the Garrett well is waiting on state potential test, so if we don't hear numbers from SWN this Friday at their First Quarter Conference Call, we shouldn't have to wait too long to hear from  the LA DNR.

Newest rumor - SWN is going to build a office/supply yard in Magnolia Arkansas and will lease office space in the meantime. Remember that all these comments I'm passing on are rumors only. I'll post a link when the news is absolute.

I wonder why, since SWN seems to be concentrating their efforts in N Louisiana, why they would choose Magnolia for office/yard location, rather than Minden or Ruston, LA.  I'm not complaining, I just hope its an indication that they think Magnolia is more centrally located.

I think Magnolia is closest to the core of  the action. They might have chosen Haynesville, La and been closer, but Haynesville is maybe too small.

Well, there is this, from the Q4 CC --

We picked Roberson where we did. We thought it was a little bit -- wasn't quite in the center of the oil window, but close to the center of the oil window. It was offset by some of the best control that we had so we could land the lateral, and we were going to hit the lateral. Again, we don't have 3D out here, so -- but we had a lot of wells that are drilled because they're on top of the structure. We've had a lot of wells that are drilled in Smackover that we could go off of. And then the thought was we move into Louisiana, stay in the oil window and just get a distance away, near another well that had been tested before. And that was what we did at the second well. The third and the fourth wells are similar to that. We'll be offsetting our near wells that have been drilled in the past but spacing ourselves out, just to start seeing the rock characteristics but, for the most part, staying within what we think is the obvious oil window. And then when we originally put the program together for a total of 10 wells, the 6 wells after that, the 2 things we were going to do is start driving costs down on the well themselves. Those first 4 are going to be a lot of science, but then we're going to lessen the science as went through the other ones. And we're going to start pushing the boundaries of the oil window either up dip or down dip. Up dip as you get towards immature oil, and down dip as you get towards the gas part of it. That's all going to change. And really, even our fourth well today is in limbo, exactly where it's going to go. And the reason it's changing is that the industry is also drilling wells. So to the extent that one of those wells we were going to drill somewhere in our sequence are close to one of the industry wells, we're busily making agreements with the industry to trade information. So I can tell you, the first 3 are still under that same logic that we had. But from 4 on, we're revising it as we see other information come in.

In regard to area of focus, SWN will tell us something with the next well they spud.

Just a guess, but I would think the proximity to the airport that is located between ELD and MAG.  SWN flies their private jet into Conway, AR fairly regularly.  I am sure they would want the same option available for the Brown Dense office.  I don't know the area that well, however, and I am sure there are other airports more than capable of landing their jet.

The Magnolia airport has adequate runway and parking for corp jets... not sure about maintenance and hanger space, however.  There was some talk a few months ago about the airport building a jet hanger facility, but it seems that hanger was to be dedicated to a local Magnolia company jet.

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