Replies to This Discussion

Permalink Reply by Les Bamburg on May 18, 2010 at 5:02

SB, like you say - the depth/pressure limitation is probably a moving target over time. ie What may not be feasible today could be feasible/economic 5 or 10 years from now.

You are right that depth should add EUR assuming you do not have decreased porosity. Of course Jay can probably comment about issues like the depositional environment variation as you move south.

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Permalink Reply by bryan on May 17, 2010 at 5:29

Very nice information. Thanks.

Anyone have an idea about where EXCO is drilling those 4 wells on 320 acres to test the 80 acre spacing?

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Permalink Reply by Skip Peel - Mineral Consultant on May 17, 2010 at 5:36

At a quick glance, I'd say S30 - 14N - 13W.

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Permalink Reply by bryan on May 17, 2010 at 6:01

Thanks for that, Skip.

Did you play baseball for United Gas when you were growing up?

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Permalink Reply by Skip Peel - Mineral Consultant on May 17, 2010 at 6:07

Yep. Sure did.

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Permalink Reply by bryan on May 17, 2010 at 6:44

Hey Skip, it's me...Bryan Mills. Let's do lunch sometime.

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Permalink Reply by Big Daddy, bcnr on May 18, 2010 at 12:32

My God! I must have become a "shale nerd" and not realized it because I found that attachment very interesting! Especially the Exco section. Skip, I think your guess is spot on. Exco continues to be very busy in 14N-13W. Most of the sections around me have 5 wells in the permit stage. Check Les' discussion on unitized sections. 14N-13W is 35/32/3.

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Permalink Reply by Skip Peel - Mineral Consultant on May 18, 2010 at 12:42

Big Daddy, you have been a shale nerd in my book for quite some time now. Regards, Skip

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Permalink Reply by Big Daddy, bcnr on May 18, 2010 at 12:49

Guess I've been called worse. What I really found interesting was how the different companies follow each other so closely. I know it's always good to watch the competition, but to see how close their strategies are is quite intriguing. For instance, it appears reduced chokes seem to be the way to go.

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Permalink Reply by Skip Peel - Mineral Consultant on May 18, 2010 at 12:54

One of the reasons that a company may take a lease in a section where another has built the superior lease position is to participate in the well as a Working Interest owner. By doing so, they have access to all the science and data generated by those wells. I suspect that a majority of the wells in the Play to date have multiple working interest owners.

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Permalink Reply by Les Bamburg on May 18, 2010 at 17:08

BD, there are still some companies (Exco, EnCana, etc) that are staying with their original approach. The same way that not every company feels the need to chase "liquids" which in many cases is just "spin" anyway.

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Permalink Reply by Big Daddy, bcnr on May 19, 2010 at 14:17

Can't speak to Encana's successes. I don't follow them to closely. However Exco has had a proven track record in this whole shale business from the beginning. I wouldn't deviate from a succesful approach either.

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