Seismic Question?
A letter arrived stating that they want to do seismic testing on a tract of land under lease. The curious part of this is that the same company that has our lease has a well 6000 feet away and another 7000 feet from the prospective seismic area. What would they be looking for that they already do not have from the other wells? The only thing I can think of is that both existing wells are shallow and maybe thay are looking to see the deeper images? Is this plausible? Also, is this generally a good sign if they have been active in the immediate vicinity already?
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Replies to This Discussion
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Permalink Reply by ALongview on
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Anybody? I am looking for some feedback on whether it is good for us or not?
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Permalink Reply by ALongview on
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Jay, The land is in E.Quirk abstract in San Augustine just N Of 21. It is about 4.5 miles SE of the Cabot wells in/around Kimbro abstract that I understand hold a good Haynesville Shale well. The wells that I referenced are API 40530207 and 40530200 both shallow in the Huxley 6100 and are not terribly productive. Thanks!
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Permalink Reply by Cheerleader on
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ALongview,
I can't locate E. Quirk on my survey map. Are you east or west of the town of San Augustine? Is it a small survey? What are some of the surveys around E. Quirk?
What have you heard regarding Cabot's Katheryn Von Goetz #3 in the Kimbro survey? Completion? Production? I heard they were going horizontal around 10/30.
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Permalink Reply by ALongview on
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Cheerleader, the Quirk survey is just W of SA(2 miles) and it is a large survey. It is A-35. I have no first hand knowledge of KVG #3 but have heard that it had good initial results.
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Permalink Reply by Mike McCormic on
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With two wells in the area the company could calibrate their seismic to the wells and and accurately place the infield wells to produce the field in the most efficient manner.
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Permalink Reply by Craig Cooper on -
I believe Shale Geo is correct, most/much of the 3D seismic being planned or acquired is likely for the Bossier/Haynesville. These are deeper than the more conventional, longer-producing Cotton Valley reservoirs and because shale reservoirs are generally more "challenging" than sandstone or limestone reservoirs, new seismic may be warranted.
In addition, there may be situations where producing fields are not covered by seismic data at all and in order for companies to more effectively develop the fields (and/or evaluate deeper targets) 3D seismic may be necessary.
At any rate, I agree with Shale Geo that having seismic data acquired in an area is probably a good thing.
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Permalink Reply by John on
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Seismic surveys will show the shale. It will show where it is in depth and how thick it is in different areas and the direction it lays or runs. Seismic will in effect take a subsurface picture. You may have 2 wells within a mile of each other now, but are they verticle wells to a certain depth? What if the shale is 30 feet thick where the wells are and only 7 feet thick where the next one is planned but 126 feet thick just right over there where you are not planning a well. With the seismic data the company can bend the pipe and get in where they need to be.
Sign the permit, it just gives permission to test.
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Permalink Reply by kittycatmama on
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Jay, I have talked to several people who have told me that the 3 D Seismic is to determine the amount of oil IN the shale and below the shale. Apparently, the technology is not there to take the oil out of the shale, but they are working on the ability to do that
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Permalink Reply by ALongview on
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It is signed and sent. Without the info on this site however, I would not have been able to make a decision with much info or peace of mind. Thanks to all.
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Permalink Reply by Highwayman on
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Jay,
What's your opinion of the 500+ sq. mile seismograph operation going on in Natchitoches, Winn and Bienville parishes? It has been going on for more than a year now and pre-dates the HS hysteria. This area has hardly any production and hasn't seen many leases over the years. Is the geography of this area favorable for the shale or is it most likely too deep?
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Permalink Reply by Highwayman on
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I have heard Chesapeake is behind it, don't know for sure. CGG Veritas is actually working on it. They started signing people up in late summer 2007. It runs from the Red River/Natch. Parish line east into Winn Parish and north into Bienville Parish. It extends south into Natch. Parish approximately 25 miles. Not as far as the Messenger well area.
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