Replies to This Discussion

Permalink Reply by Joe Deerhunter on June 29, 2012 at 11:09

Steve, I certainly hope that's not the case - my family has several hundred acres in Columbia County!  My only clues here were (a) negotiations with SWN/Angelina fell apart around the first of June; (b) my lawyer FINALLY got back to me with no details, but only the news that SWN is not interested in building ANY pipeline in SW Arkansas at this time, and that Roberson was essentially "dead" (but no details); and (c) I finally read thru the thread about the Garrett well, in which Obed Odom cites Mueller's comments in a June 6 conference call.   Certainly a downer but I hope the leak doesn't wreck other prospects for wells in the area.  I am not an expert or even gifted amateur in any of the O&G field, just a hopeful mineral owner.  

I have copied Obed's post that has the most info, for your convenience:

Reply by obed w odom on June 9, 2012 at 1:50pm

Thanks to bpm for pointing out on another thread SWN's latest presentation of June 6 at the Citi Global Energy Conference in Miami. The webcast of this is still available at SWN's website. Maybe Bill Daily or someone can make a transcript of this, but here are a few highlights regarding the Garrett and Roberson wells.

Steve Mueller says the Garrett well is about 61% cleaned up and is now making about 250 barrels of oil and 200 barrels of water. This water has much lower salinity than the known water reservoirs above and below the Brown Dense so they think it is just frac water. Mueller says their model predicts that when the per cent cleanup gets to 65-70% the amount of frac water returned will decrease rapidly, but they haven't yet seen this.

In the Roberson well, he had reported earlier that they had isolated a portion in the heel of their lateral (in the uppermost part of the Brown Dense)  to test the effect of acidizing. He now says when they flowed this portion back it behaved as expected for a while and then overnight they suddenly saw a deluge of salt water. So their conclusion is that they inadvertently fracked into the ocean of water above, which has ruined the testing on this portion. He says they may try to repeat this test on a sidetracked portion.

Permalink Reply by Steve J Roberson on July 2, 2012 at 5:12

Thanks Deerhunter. Let's hope for a test repeat, and maybe future drilling.

Permalink Reply by Joe Deerhunter on July 2, 2012 at 18:52

Amen!  I have no idea if the Roberson frack affects a very large or very small area around it.  Hopefully only that particlar bore, but how can we know?  In any event, there's a lot of land around there, so we'll hope for more drilling. 

i hope its not rude of me to ask, if you are one of the Roberson's around Calhoun?  The one I personally remember was a contemporary of my grandpa's, a fellow named Bob Roberson who ran a little one-room store between there and Atlanta.  I caught my first catfish in a pond of his.

Permalink Reply by Steve J Roberson on July 3, 2012 at 2:29

Yep, my grandparents and uncles/aunts lived just down the road from his store. R. A. Roberson was my grandfather. My dad was Thomas "Pebo" Roberson.

Permalink Reply by obed w odom on July 3, 2012 at 3:13

Joe, I don't think the frack into the brine would affect much more than that particular bore, and maybe just that particular stage in the heel of the lateral, since Mueller said they had "isolated" this stage before doing the acidizing/fracking. I would think the denseness of the BD would keep this frack very localized, not that I know much at all about the engineering of fracking.

Permalink Reply by Bradley McWilliams on July 13, 2012 at 11:30

This is not directed at anyone specific, it's just a little note from Harold Hamm speaking today about the Bakken. He was discussing the tax thing, but the comment is good to keep in mind for everyone about the BD...

“It allows us to go out and fail. And fail again. It was necessary that we did that with the Bakken. Some 18 wells were drilled before it was commercial up there. It’s necessary that we have a tax consequence that will allow us to do that.”

I don't think we are anywhere near 18 wells yet, so maybe this will serve as a little encouragement and a call for patience.

Permalink Reply by Lee Max on July 13, 2012 at 16:09

Ferret and Broadbent can you please read this and understand what it means?  I am optimistic that you understand the gravity and repercussions of generalizations and opinions that are slowly minimizing the credibility of your statements. Listen, Learn and Watch, it will help the group to focus on reality and you may increase your knowledge and credibility

 when you share in a year or so.

Permalink Reply by Joe Deerhunter on July 2, 2012 at 19:00

Freighttrain,

Does that just apply to the most recent (under negotiation) leases, or older ones that bonuses have been paid for?

Not that I want one, but I haven't gotten any letter from SWN.  A lease negotiation I had going on was terminated, but my lawyer told me - not the land man nor SWN.Good luck with your next gig; I hope some other company takes up where SWN is leaving off.  There's still mineral acres available.

 

Permalink Reply by Lerret on July 12, 2012 at 8:17

Smarter heads than I at Devon was saying this play will have to be on the very edge of technology to succeed.  No doubt there is oil there.  But the issue from day one is that there is an ocean of incredibly toxic brines below the Brn Dense as well as above.... The fracks so far (and this came from the Exploration Managers' Meetings in OKC) are "bringing in an ocean" of water.  You cannot spend 10¢ per bbl when the oil cut is 0.01%. Water is quite simply 'quicker' to get to the borehole than oil. If the water cannot be isolated from the oil, then this puppy has run aground until someone discovers a magic bullet. As such Cabot and SWN both have their neck stuck out a way over the stump. Both have very large land positions which they paid a lotta money for.

Permalink Reply by tony allen on July 12, 2012 at 9:43

Lerret,

What do you consider a very large land position? Also, I understood Mueller to say that they did not frac into the brine in the Roberson well until they did the second frac in the heel of the well. Can you tell us more about the Exploration Managers' Meeting in OKC. Who hosted it and who attended it? When was it held? Who made the statement the fracs are " bringing in an ocean" of water?

Permalink Reply by Lee Max on July 12, 2012 at 13:37

Well said, I like facts based on specific names of attendees, companies with representatives present, place of the meeting, date, and time.  Broadbent type statements have no place on this web site and until detailed factual information is presented  as per your message to Lerret  they mean zero.

It simply reflects on the credibility and knowledge of the poster.  Outsiders with all of the technical data and contract land men are really not qualified to make technical evaluations although they are entitled to their opinions which actually reflect immediately on their understanding of the oil and gas industry and intelligence not withstanding their land acumen and research skills.  

Permalink Reply by Lee Max on July 12, 2012 at 17:22

It appears that Lerret cannot produce the evidence that Tony Allen and I requested.  This is not the only diatribe that Lerret and NarrowStrait cannot substantiate.  It is unfortunate for the honest and sincere landowners who are not sure what is going on.  Maybe they will read this and realize that time and only time will supply the needed answers to their questions.  It will never come from generalists, un-founded opinions and ignorant comments.

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