Replies to This Discussion

Permalink Reply by Judy Smith on November 27, 2014 at 7:26

Sorry, Skip, for the comment.  I was out of line.  Hope you enjoy your Thanksgiving!

Permalink Reply by Kevin Raybourn on December 1, 2014 at 14:17

  Word is that this well is Flaring now.....

Permalink Reply by Judy Smith on December 1, 2014 at 14:32

Hi Kevin, thanks for the info.  I sat by the site today for awhile and saw steam coming out of the site in all 4 corners  Hope the well does good!

Permalink Reply by Judy Smith on December 2, 2014 at 13:00

Kevin, word has it that the well is producing.  Any word on this?

Permalink Reply by Skip Peel - Mineral Consultant on December 2, 2014 at 13:21

Judy, whenever a flare is visible that indicates that the well is flowing.  Without a pipeline connection, to flow the oil the natural gas must be burned off.

Permalink Reply by Judy Smith on December 2, 2014 at 14:46

Thank you Skip.  I find all this so interesting!  Hope this well does good!  So wishing we could drive right through and talk to the men working on this well, but won't happen.  Wishful thinking!

Permalink Reply by Skip Peel - Mineral Consultant on December 10, 2014 at 3:03

The Verberne 5H-1 (66.7% WI) well, which was drilled and completed with an approximate lateral length of 6,600 feet and was fracked with 21 stages, has been producing on a restricted choke program and has achieved a peak 24-hour rate to date of 1,375 Boe per day, comprised of 1,335 barrels of oil (96%) and 250 Mcf of natural gas per day on a 14/64 inch choke.

Permalink Reply by Judy Smith on December 10, 2014 at 4:15

Thank you, Skip for the info. on the Verberne well!    

Permalink Reply by Skip Peel - Mineral Consultant on December 10, 2014 at 4:41

You're welcome, Judy.

Permalink Reply by William Brister on December 10, 2014 at 5:13

Skip,

Are the numbers good?  Or can you tell when it is in a choke program?

William

Permalink Reply by Skip Peel - Mineral Consultant on December 10, 2014 at 8:13

William, the benchmark for oil production that I'd like to see is 1500 barrels.  The associated gas isn't enough to invest in gathering, is not sold and is not worth mentioning except to inflate the Initial Production number by conversion to BOE.   GDP has not reported to the state or, if reported, the completion data is not yet entered in the state database.  When it is we will know the choke setting and pressures.

Permalink Reply by Judy Smith on December 21, 2014 at 11:30

Hi Skip, any latest news on the Verberne well?  Many thanks! Production etc.

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