I like researching O/G history and Sonris is a great tool, here is a Black lake Pettit field that is mindblowing. #110684
I was hoping some of our experts could shed some light on this field.
Tags:
Thought you may be interested in early history on the Black Lake Field.
I am working off of 1960s memory so some of my info may not be exact but close.
There was an exploratory well being drilled by Mobil adjacent to a large tract of school board land that was coming up for lease. Placid/HL Hunt sent two of his geologists in cammo with binoculars to follow the coring of the well. They saw that the well should be an excellent producer. One of the geologists headed for a phone to call Dallas with results. The second geologist stayed in viewing distance of the well and got caught/arrested for trespassing.
With the well information , Placid shot high and won the lease which allowed them to get control of the field.
The field was developed as state of the art. The entire field was tied together by a computer system which theoretically could be controlled from main frame in field office(unfortunately it never worked). Placid bought and injected pipeline gas(10 cents per MCF) at start of production. They returned all produced gas to the field.
25,000 BPD crude was pipelined to (Cities Service/Citgo/Lyondell Citgo) refinery on 225 in Houston.
With the liquids depleted the ng was brought out at $2/MCF.
If you enjoy US O&G history , I suggest a couple of books. One is "The Big Rich" by Bryan Burroughs and "Texas Rich" by Harry Hurt III .
New Black Lake well permit: Wagner Oil Co, pet rc sua; Charles d Olivier, 001, Sec. 36, T11N, R6W, Black Lake, 8500' MD, PET RC SUA.
I'm pretty sure it's Salt Dome, Les.
My dad bought many a lease and royalty back in the 60's in the area as a landman and scout for majors and smaller independents - H.L. Hunt was certainly in his prime. One of my dad's best friends (both now deceased) owned significant acreage tied to the play, and my dad got great pleasure in watching his old friend tell H.L. Hunt to "take a hike" with his lease bonus/royalty offerings. Mr. Hunt made many "personal visits" to the area to secure the larger tracts, and obviously managed to do quite well - he never secured his old friends acreage, though.
Awesome field for sure! And, for its time, engineered for maximum benefit to all parties!
Mattie and Les, what do you make of Wagner Oil's interest in the Black Lake Field?
Skip,
Not sure - could it possibly be a different Pettit stringer not connected to the historical Pettit oil sand? Sorry, haven't had the time to search the regulatory orders to determine this.
For those members interested in more detail I am posting a link to our archived discussion that occurred when the Wagner unit application was first made public. There are a number of links contained in the responses including one to the unit application covering this new well.
http://www.gohaynesvilleshale.com/group/natchitochesparishnetwork/f...
Skip, Wagner may have identified some potential in an area of the Pettit they believe is separate from the main Black Lake Pettit Field. This could be a separate sand/limestone member or a fault trap.
Thanks, Les. I'll try to remember to post some completion data when it's available. There may be more than memories left in that old field.
Skip or Les, for wells drilled and produced within the entire unitized field, who will get paid the royalties? The land we own had no pugh clause, horizontal or vertical. We have land inside the field and land inside and outside the field that join. Will land owners in the field get paid royalties no matter where the Wagner wells are located within the field unit? The Olivier well, I believe, is outside the unitized field so it would not affected those land owners. It is the future Wagner wells within the unitized field that I am wondering about. We did receive letters concerning some of the proposed drilling sites within the unitized field, so I am assuming we would get royalties on those wells even though they are not in out sections. Appreciate your help clarifying this matter.
386 members
27 members
455 members
440 members
400 members
244 members
149 members
358 members
63 members
119 members
© 2024 Created by Keith Mauck (Site Publisher). Powered by
h2 | h2 | h2 |
---|---|---|
AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
Links |
Copyright © 2017 GoHaynesvilleShale.com