Replies to This Discussion

Permalink Reply by Craig Wascom on June 5, 2018 at 15:15

Rock we really appreciate you sharing you knowledge.

• ▶ Reply

Permalink Reply by Rock Man on June 5, 2018 at 15:21

No problem / hoping other individuals with some significant O&G expertise would start posting and adding comments

Side bar - Don't be surprised if Australis starts talking more and more about the AC in their TMS play area of SW Mississippi.

• ▶ Reply

Permalink Reply by Hydrocarbonite on June 6, 2018 at 2:38

Thx RM for taking the time to explain well status/production scenario.  It’s guys like you and Skip that help the lay person along in trying to understand the O/G industry.  

• ▶ Reply

Permalink Reply by John M Santamaria on June 6, 2018 at 2:58

You're so right!

Permalink Reply by Rock Man on June 6, 2018 at 3:07

Agree more gas would be a lot better as to reservoir energy and O&G / fluid movement.

I don't see any comments in SONRIS as to tubing installation - only the casing comments.

Am I missing something??

Tubing or not, I look forward to EOG installing some sort of artificial lift.

Is there anyone near the location who can comment on what equipment is on location? Maybe a beam pump?

Thanks for all input

• ▶ Reply

Permalink Reply by John M Santamaria on June 6, 2018 at 2:53

Interesting analysis.  Thanks for the info.

• ▶ Reply

Permalink Reply by Keith on June 6, 2018 at 3:35

Guy's, what would be considered "normal"  daily production for an AC well at this point?

• ▶ Reply

Permalink Reply by Hydrocarbonite on June 6, 2018 at 3:49

What happened to the rumors of EOG unloading it’s assets below the shelf? Including the Eagle Ranch well? 

• ▶ Reply

Permalink Reply by Rock Man on June 6, 2018 at 3:51

Keith

This first well in Louisiana AC Hz Frac play is no where near as good as the similar wells that EOG and others are drilling in Karnes County (Central Texas).

Attached is info on a "lesser" EOG AC Hz Frac completion in Karnes County. Shorter lateral (less than 4000') but higher GOR.

Note oil numbers for 7/2017 and 8/2017 - sharp decrease in July but then back up in August. I am thinking that this may be when the well was switched from a "flowing" well to some sort of artificial lift.

The numbers for this well are somewhat in line with the Eagles Ranch well.

Production graph, production data (EXCEL) and completion data for this well attached or imbedded in this posting.  

Note that other EOG wells in the Karnes County area are flowing at much higher rates at similar periods of their productive life. But these are all later generation wells as to the development of this play.

There are also some AC Hz Frac wells that are VERY poor producers with much lower rates.

Allman%20101H%20Prod%20Data.xlsx

Allman%20101H.pdf

Attachments:

• EOG AC Hz Frac Karnes Co Prod.pdf, 52 KB

• ▶ Reply

Permalink Reply by Keith on June 6, 2018 at 4:02

I see the difference now. I had forgot about the Karnes wells. One of my co-workers had enlightened me on what was going on in that area well before the work in Central Louisiana kicked off. 

I hope they get it going in the right direction. Thanks for the data.

• ▶ Reply

Permalink Reply by Robert Craft on June 6, 2018 at 4:42

RM-
1. Thank you for the time and effort put into your posts.
2. As Eagles Ranch 14H has produced 102,425 BO in its first 7 reported months, is this well economically viable? My rough math would be 102,425 BO X $65 per barrel X 75% = $5 million.

• ▶ Reply

Permalink Reply by Skip Peel - Mineral Consultant on June 6, 2018 at 5:21

EOG and Working Interests may have a somewhat better net royalty position if not all leases are at a quarter.  Then you would have to deduct 7 months of Lease Operating Expenses (LOE).

• ▶ Reply

• ‹ Previous
• 1
• …
• 14
• 15
• 16
• 17
• 18
• …
• 28
• Next ›
• Page