Flow test on McKowen #1

Anyone have any new information

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Permalink Reply by Rock Man on July 31, 2019 at 9:44

Wonder if the Hebert May production is only a few days? June production numbers will say a lot about what is happening here.

Permalink Reply by John Matherne on July 31, 2019 at 9:53

Very well could be since initial production was reported 5-21

Permalink Reply by Mark on August 9, 2019 at 2:17

Watching the prices for natural gas and oil I think drilling and leasing are going to slow down to very low levels. It’s hard to make money when your commodity prices are this low. Production has out run demand. 

Permalink Reply by Skip Peel - Mineral Consultant on August 9, 2019 at 2:24

Supply growing faster than demand is the history of shale (and other unconventional reservoirs) and the lack of discipline among the management at mid-major companies is the reason for continuing depressed commodity prices.  Only the majors/super-majors appear to have the discipline to manage supply responsibly.

Permalink Reply by Robert Craft on August 29, 2019 at 9:55
Permalink Reply by Lisa Melder-Johnson on August 29, 2019 at 10:41

Not too bad, good news in the area. Thanks for sharing.

Permalink Reply by Rock Man on September 1, 2019 at 17:33

For Hebert, well IP was 206 BOPD and first full month of production avg rate only 86 BOPD. Pretty bleak looking.

Permalink Reply by Carter Boatner on October 20, 2020 at 4:54

What do these results portend for East Feliciana Parish? I hear that a number of leases signed in 2017 with low-cost options are being renewed. Is new leasing activity with new operators entering the play a reasonable expectation? 

Permalink Reply by Skip Peel - Mineral Consultant on October 20, 2020 at 4:57

I'm also hearing of some lease activity in East Feliciana, Carter.  We may know something by the end of the year.

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