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Permalink Reply by Skip Peel - Mineral Consultant on January 25, 2014 at 17:51

Wildhorse has a number of good wells in that area but they are a private company and not prone to public announcements so they tend to fly under the radar.  In the case of the Wright 13H-12 wells, they are alternate wells in LCV RA SUG, Hico Knowles Field.  The production reported is the cumulative total for all the 10 producing wells in that unit. 

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Permalink Reply by Don Skotty on January 30, 2014 at 8:11

Yee Haw, I have a significant royalty interest in the LCV RA SUG, Hico Knowles Field.  Can't wait to sign the division orders on the Wright 13H-12 1-4 wells.  Any got a clue when Wildhorse is getting them out?

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Permalink Reply by Skip Peel - Mineral Consultant on January 30, 2014 at 8:53

Don, you might want to hold the Yee Haw until you know the specifics.  Although the well names do not include a unit designation the entire extent of the lateral is in unitized sections.  The correct well name is Wright 13-12 HC.  The "H" stands for horizontal, the "C" stands for Cross Unit.  They are referred to as Cross Unit Laterals or CULs in LA.  There will be no new division orders as the division orders already exist.  One for LCV RA SUG and one for LCV RA SUF.  As the well name denotes the lateral lies in both Section 12 (LCV RA SUF) and Section 13 (LCV RA SUG).  The linear feet of perforated lateral lying in each section/unit will determine the percentage of production that it is allocated to the mineral interests in each unit. 

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Permalink Reply by Don Skotty on January 30, 2014 at 9:17

Skip, do you have any idea about the linear feet in 12 and 13?  I'm in roughly half of 13.

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Permalink Reply by Don Skotty on January 30, 2014 at 9:43

Measuring on Sonris, it appears to be about 87% in Section 13.

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Permalink Reply by Skip Peel - Mineral Consultant on January 30, 2014 at 11:09

Don, I don't have any information other than what is available on SONRIS.  CULs are fast becoming the norm in LA for horizontal drilling energy companies.  They are especially good for Wildhorse as much of their leasehold is highly developed with vertical wells in existing units.  They still drill an occasional vertical but  that is in decline.

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