Anadarko Liquid Play in East Texas

 

http://www.ogj.com/articles/2012/05/carthage-gets-haynesville-cotto...

 

"Anadarko Petroleum Corp. said it has opened a liquids-rich play in the Carthage area of East Texas in the quarter ended Mar. 31.

The company said it has identified a net resource estimated at 300 million bbl of oil equivalent with more than 350 drillsites in the Haynesville shale and 100 in the Cotton Valley formation. The company plans to operate as many as eight rigs and drill 75 horizontal wells in 2012. It operated seven rigs in the first quarter.

Anadarko and MarkWest Energy Partners LP, Denver, in March concluded long-term gathering and processing agreements to support a 120-MMcfd expansion of MarkWest’s Carthage East cryogenic processing plant in Panola County, Texas. Expansion to 400 MMcfd is to start up in early 2013"

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Permalink Reply by JHH on May 22, 2012 at 2:00

Thanks Kathy M... was curious because we have some land in Panola and Harrison counties... so we'd be in northern Panola and southern Harrison.  Hopefully they'll start hitting some Cotton Valley liquids!

Permalink Reply by JHH on May 22, 2012 at 8:13

You're right close to me.  If i hear anything... will send it along!

Permalink Reply by Bill johnson on May 24, 2012 at 4:14

Samson Lonestar has 2 good cv wells about 10 mile se of carthage. The Hancock Smith GU and the Twomey Heirs

Permalink Reply by Phillip Briggs on May 23, 2012 at 4:53

I heard several rumors, a couple years ago, about Anadarko discovering an unknown oil reservoir north of Carthage, trending out West of Beckville.  Shortly thereafter, seismic crews moved in, and covered that area first, then went on to do the rest of the county.  Lived here all my life, and never saw a seismic crew.... everyone 'knew' where the Travis, Pettit, Cotton Valley, etc. 'were'.... this is a production field, not a wildcat field.  The people I talked to said it was a very large oil field, and the company was sitting on the information, till they had it mapped out.  Pretty much all of Panola Co is held by production, so there was no big landman rush in the courthouse, to lease acreage up.

I'd heard it was a Cotton Valley field... regardless, 300M bbl of oil is welcome.  Just 'hope' my unleased acreage is near the field...

Permalink Reply by Les Bamburg on May 23, 2012 at 6:11

Phillip, the Anadarko play is natural gas with associated condensate and natural gas liquids rather than an oil reservoir.

Permalink Reply by Krkyoldhag on May 23, 2012 at 12:58

KKM did you find a map of the area this liquid play is located?

I heard some stuff that I posted about some drilling starting in it.

Permalink Reply by kittycatmama on May 23, 2012 at 14:18

No Krk no map. Wish someone would post a good one. The one on Anadarko's site is hard to read.

Permalink Reply by Krkyoldhag on May 24, 2012 at 0:34

I am going to get some more spe

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