Replies to This Discussion

Permalink Reply by John Matherne on January 6, 2014 at 9:17

Looks like the choke was changed in October from 16 to 32. I hope the flow goes up next month.

Permalink Reply by William C. Morrison on January 6, 2014 at 9:34

That would spark things up a bit.  That would be nice.  I hope it occurs.  But until then . . .

Permalink Reply by John Matherne on January 31, 2014 at 6:38

RPT DATE	LUW CODE	STORAGE FAC	DOC USE	WELL CNT	OPENING STK	OIL PROD(BBL)	GAS PROD(MCF)	DISPOSITION	CLOSING STK	PARISH
12/01/2013	050956			1	352	238	280	362	228	POINTE COUPEE
11/01/2013	050956			1	319	220	278	187	352	POINTE COUPEE

Permalink Reply by William C. Morrison on January 31, 2014 at 7:18

Thanks John for the update.  It is sort of a albatross poking along at a couple hundred barrels of oil per month.  I am surprised that Anadarko keeps it going at those rates.  But something is better than nothing.  Probably low maintenance now days, just paying off the cost of drilling it in the first place.  LaCour field, a field of one well.

Permalink Reply by Joe Aldridge on January 31, 2014 at 7:21

Chip,

Its holding acreage. That's the name of the game. That's why they wanted the large units. A little production will hold a lot of leases.

Permalink Reply by William C. Morrison on January 31, 2014 at 7:48

Well, it doesn't seem to hold our acreage but then we are as the crow flies 7m miles away.  There is another well on LaCour with a shorter lateral and is in production but probably not at the same strata.  LaCour #42 permit has long expired. 

True, our lease has yet to expire but soon will terminate.  It was a lease for both Austin Chalk and Tuscaloosa Trend (but no mention of Tuscaloosa Marine Shale).  So it kind of covers top to bottom so to speak.  There are different royalty rates for the two zones and in the past the lease was limited to 16,000 feet or as it may above the Tuscaloosa Trend.  They later combined the two.  So the three dimensional Seismic survey must reveal something.  Hope springs eternal!

Permalink Reply by Joe Aldridge on January 31, 2014 at 7:55

APC is still trying to sell their acreage. So any way they can hold what they have they are going to do it. If they have production then that acreage is a plus. It will not expire like yours.

Permalink Reply by John Matherne on January 31, 2014 at 7:57

Mine with APC expired!

Permalink Reply by Craig Wascom on January 31, 2014 at 9:19

John your is the first one that I have heard that actually expired. I was wondering if they would actually let them expire. That is not good news. Has anyone else that follows this discussion had there lease expire?

Permalink Reply by John Matherne on January 31, 2014 at 9:53

Mine was for 3 years, 2011, 2012, & 2013

Yes it is 2014

We have 1000 acres ready to be leased and I am sure the adjacent landowners will join in as before. 1st come probably 1st served once it gets thru our common attorney.

Can I tell you the resistivity layer is thick down there in the TMS but deep too!

 

Permalink Reply by Joe Aldridge on January 31, 2014 at 8:13

Chip,

They, APC, is now willing to break their acreage down into 10,000 acre units or blocks and parcel it our that way. They are pretty desperate it looks like to get some return from their acreage. 

Permalink Reply by William C. Morrison on January 31, 2014 at 10:05

I just checked my lease paper work, and it expires on July 20, 2014 unless of course it is renewed (stop laughing).  I looked at the map and it shows a blue margin around the Anadrako lease area (it seems to continue east but of course is not shown).  But I also see a green line that comes down from the north and kind of circles east, I am suspecting this is the Tuscaloosa Marine Shale area.  But, alas, we do not have a view of the eastern portion. I would be nice to see.

Begs the question of where the rest of the map is located.  Obviously, somebody has developed the map.  Would be nice if we could find the eastern block.

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