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.
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Updated map to include Badders & Blue Raider's IP. Aggies has been permitted by XTO but not on map yet. I discovered a new pad 1/2 mile across river off Cottingham Bridge Rd in Nac County that's not been permitted. (CR 347 in SA County). Probably an Exco permit coming (Walker area).
29 days and counting until our lease expiration. We can't get an Encana landman to respond about renegotiating. Oh well, I guess we'll just have to wait on other interests whenever that might be.
By the way, a friend owns minerals in Eagle Ford area around Cotulla, TX. Lease bonuses have jumped to $6K+.
fb, the reports are in on the A47 wells. IP on 1H was 16.750 MMcfd and 2H was 17.000 MMcfd. Both had flowing pressures over 10,000#.
Hey, not bad results. I hope their not fracturing the shale under us. I can't remember how long the laterals were on these wells & I'm not sure how to read the info from RRC. I'm thinking they were about 4 to 5 thousand ft?
We're unleased now with nat gas price in the ditch. Hopefully, times will get better soon. Thanks for the update and Happy New Year to all!
The #2H lateral was proposed to be 7450' and the #1H was just about as long.
You are doing about all you can, with the gas price so low... just keep up with your homework and know what's going on around you. They will be back.
Happy New Year!
Updated map to reflect info through Jul 2012.
Hey, NG is $3+ now! Wouldn't it be great to see $4 this year....
fb, two Thundering Herd wells have been reported if you want to add them.
TH (SL) DU #1H, 712670, IP-11.119 MMcfd, 15/64 choke, 9484# FCP
TH (SL) DU #1HB, 716050, IP-11.222 MMcfd, 15/64 choke, 9106# FCP
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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