Replies to This Discussion

Permalink Reply by rookie on June 17, 2014 at 15:28

So when should GDP have some results on the SLC well and the Beechgrove.  I saw a picture on TMS facebook, are they really using coiled tubing to drill out the plugs?  Thought they had enough bad experiences with coiled tubing, what gives?

Permalink Reply by Skip Peel - Mineral Consultant on June 17, 2014 at 15:47

Can't speak to facebook.  I don't use it.  If there is no delay in the start of completion ops I'd guess two weeks to complete and then a week or two to flow back and make a press release if the results are in line with expectations.  Sometime mid-July would be my guess.

Permalink Reply by Curious George on June 24, 2014 at 9:41

Halliburton was moving lots of stuff in today. Should be about ready to frac soon

Permalink Reply by Skip Peel - Mineral Consultant on June 24, 2014 at 10:38

Thanks,CG.  Please let us know when completion ops wrap up.

Permalink Reply by Steve on August 7, 2014 at 2:04

Good news today for W. Feliciana with the announcement of the results of the SLC. Even though the 24 hr ip rate was not one of the best at 900 boe, this is why today's announcements are good for W. Fel. :

1.) the choke size on the SLC was very tight at 12/64 vs.18/64 on the 2 higher IP wells announced

2.) the % of oil was 96% - the highest. This is very significant because the worry has always been that the deeper TMS (W. and E. Fel) would have mostly gas - the SLC is the deepest yet at 14k feet vertical depth but has the best GOR yet.

3.) the best well announced today had a 24 hr ip of 1500 boe, but it had a lateral 1100 ft. longer than the SLC and the choke was more open at 18/64 

4.) the Beech Grove well in E. Fel. announced a couple weeks ago had disappointed analysts because the 24 hr. ip was low at 740 - but, the good news today is the decline rate is so far flatter than expected and the EUR is still 600K - a very good well.

Permalink Reply by John Matherne on August 28, 2014 at 9:53

REPORT DATE	WELL STATUS	MEASURED DEPTH	TRUE VERT DEPTH	DETAIL
08/28/2014	10	21344		COMPLETED 7/26/14 AS AN OIL WELL IN THE TUSCALOOSA MARINE SHALE; PM F; 860 BOPD; 226 MCFD; 2950 CP; 13/64" CK; 480 BWPD; 263 GOR; 43 GVTY; PERFS: 14358-21309'; (ST:10);

Permalink Reply by Skip Peel - Mineral Consultant on August 28, 2014 at 10:42

Thanks, John.  Excellent gravity.

Permalink Reply by Curious George on September 10, 2014 at 6:19

Ive heard rumors that this well increased in production and is now producing a lot of gas.  So much that there will start shipping gas from this location instead of burning it off.  Anybody know if there is truth to this?

Permalink Reply by John Matherne on September 10, 2014 at 6:29

I hope to see the deeper TMS proves to be the next target for new wells.

Permalink Reply by Skip Peel - Mineral Consultant on September 10, 2014 at 6:41

All the TMS wells including SLC produce negligible amounts of gas.  The Initial Gas Production was 226 mcf/d, roughly enough to split about $215 amongst all the mineral owners in the unit.  If you take the July production and calculate a daily average gas production for the month, it would be about 54 mcf/d or $1590 for the entire month. 

Permalink Reply by Curious George on September 10, 2014 at 7:07

Fyi there is only one mineral owner for the SLC thats why no unit was formed.  If I remember correct 996 acres were drilled and the mineral owner has around 1100 acres.  The word was that they were bringing in a separator and they were about to start hauling gas out also.  I hope it does stay at 90+% oil and performs to the level that would make this area of Louisiana inviting to the others

Permalink Reply by Skip Peel - Mineral Consultant on September 10, 2014 at 7:16

Gas doesn't get hauled.  It is only transported by pipeline.  If there is not enough to justify building a pipeline, it is flared.

• ‹ Previous
• 1
• 2
• 3
• 4
• 5
• Next ›
• Page