Replies to This Discussion

Permalink Reply by David Crockett on February 11, 2019 at 7:14

ConocoPhillips permitted two Austin chalk wells dated the 8th. One in st Helena and one in west feliciana

Permalink Reply by Skip Peel - Mineral Consultant on February 11, 2019 at 10:22

1	SAINT HELENA	01	251550	AUS C RA SUA;SOTERRA	001	08-FEB-19	C298	005-04S-05E	1340	BEAVER DAM CREEK, NORTHEAST	21000
2	WEST FELICIANA	01	251551	AUS C RA SUA;ERWIN	001	08-FEB-19	C298	047-01S-01W	6918	MOUNT COMMON CHURCH, SOUTHWEST	21000

Permalink Reply by Rock Man on February 11, 2019 at 14:27

Kirk Barrell (Amelia Resources) is rolling out 400,000 net acres at this week's NAPE meeting in Houston for the "stacked pay" are of TMS and AC Hz Frac play. PDF of this announcement is attached.

Australis has had some good initial results in their TMS drilling in SW Mississippi with IP30 production rates about 30% higher than their type curve projections.

I figure that this acreage being offered is a mix of options, "free" leases and other arrangements.

Attachments:

• Kirk Barell.pdf, 103 KB

Permalink Reply by John Matherne on February 11, 2019 at 14:54

I only see COP actively exploring excluding Australis. 

Permalink Reply by LBP on February 12, 2019 at 21:22

A company named Blue Steel has recently applied for three AC units in the Livingston Field, all located south of I-12 along the Frost highway.

http://ucmwww.dnr.state.la.us/ucmsearch/UCMRedir.aspx?url=http%3a%2...

Permalink Reply by Craig Wascom on February 13, 2019 at 4:11

This is starting to get very interesting!

Permalink Reply by John Matherne on February 13, 2019 at 4:15

Craig, Let's see what the Fontaine well does in Morganza.

Permalink Reply by LBP on March 6, 2019 at 7:34

Devon has filed for an AC unit in East Baton Rouge Parish.

http://ucmwww.dnr.state.la.us/ucmsearch/UCMRedir.aspx?url=http%3a%2...

Permalink Reply by Craig Wascom on March 7, 2019 at 3:54

Looks like most of the new units are near old discoveries. I have said before the best place to look for new oil is in an old oil field, just at a different depth using technology that was not available back then. I think we will see more of this.

Permalink Reply by William C. Morrison on March 7, 2019 at 2:14

The Fontaine Farms well has been completed in as a gas well.  Not surprising as it is sitting in midst of the Morganza Field which is a Tuscaloosa Trend gas field.  I believe that well is in Wilcox strata above the Austin Chalk strata and Tuscaloosa Marine Shale.  Disappointing as it is not an oil well though it may be producing some oil and NLGs along with the gas.

Permalink Reply by Craig Wascom on March 7, 2019 at 3:57

Hi Chip I was not looking for Pennington to do something new. For many once you are wealthy the idea is to stay wealthy by not taking risk.

Permalink Reply by Doug Cox on March 25, 2019 at 12:11

Skip, BlackBrush still hanging around Cheneyville North, heard they were re-leasing...waiting on GCC..Giving them a better fairway view.

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