Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on April 4, 2014 at 14:00

Ensign Drilling SW Rig #753 reports 21 Days Drilling Ahead @ 10,960', 4/4/14.

Permalink Reply by Skip Peel - Mineral Consultant on April 11, 2014 at 14:00

Ensign Drilling SW Rig #753 reports 28 Days Drilling Ahead @ 11,531', 4/11/14.

Permalink Reply by Skip Peel - Mineral Consultant on April 18, 2014 at 14:14

Ensign Drilling SW Rig #753 reports 35 Days Drilling Ahead @ 14,710', 4/18/14.

Permalink Reply by John Parker on April 18, 2014 at 14:34

Skip:

3,159 ft of lateral in a week aint to bad. Hope the remainder goes smooth.

Thanks ~ ~ John

Permalink Reply by Skip Peel - Mineral Consultant on April 19, 2014 at 4:52

JP, any idea what average days to TD are running?

Permalink Reply by John Parker on April 19, 2014 at 5:52

Skip:

Haven't really focused on it much due to the fact there were so many drilling issues that were stringing these wells out. Kind of like going to Talladega and x amount of cars blew their engines on the starting line so to speak. You quit looking at the blown engines and focus on the few that made it across the finish line. 

But 35 to 45 days average right now would be great if they can consistently do it. I think some of this latest round of wells have been going pretty good.

EOG demonstrated clearly that it can be done in 35 days or slightly under and I think the Blades came in at around 36.

The important thing is they appear to be making great strides in their ability to D & C these wells, bringing the cost down and oil flow up.

I speculate they will probably get it into the 25 day range at some point in time in the future.

~ ~ John

Permalink Reply by Skip Peel - Mineral Consultant on April 19, 2014 at 6:06

I was looking for a benchmark to compare the new wells against.  Are there no wells that didn't experience mechanical problems?

Permalink Reply by John Parker on April 19, 2014 at 6:10

There are, but I have just been way too busy to pull a bunch of Form 3's and do the math. Maybe when I get some slack time I will.

~ ~ John

Permalink Reply by Skip Peel - Mineral Consultant on April 25, 2014 at 14:14

Ensign Drilling SW Rig #753 reports 42 Days Drilling Ahead @ 17,355', 4/25/14.

Permalink Reply by Skip Peel - Mineral Consultant on April 26, 2014 at 2:28

This discussion has been moved to the Amite County Group.

http://www.gohaynesvilleshale.com/group/amite-county-ms

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