Replies to This Discussion

Permalink Reply by BirdDawg, plain ole' idiot on January 19, 2011 at 13:17

Jerry,

Ride um cowpoke!

Permalink Reply by James R Fenoli on January 20, 2011 at 2:07

I don't spread rumors, just facts! If any of you naysayers went to the drillsite or the where the rig is in Miss NHOW and talk to some o the tool pushers they would give you the same facts.

So, get ff the north end of your south  bound horse and make the drive.

Permalink Reply by david king on January 20, 2011 at 5:14

I've been to mississippi lots of times, even recently.  in  my 40 + years of doin' o & g deals  i've probably been on at least  100 rigs-  I don't ever recall  taking the advice of any toolpusher as to whether or not we set pipe- it  wasn't even considered- thats why you have geologists and engineers-  in any deal there can always be things unseen- however, i've spent a year researching this one and i've placed my faith in  atencio-thomas-newport- wilson and one other guy that i can' t mention , plus guggenheim-   i would never recommend this to anyone that can't stand to lose ALL of their money because that's just the nature of this type of investment- but lots of us are pulling for these guys-  i don't know of any wildcatter, independent operator,  or experienced   o & g investor who would not appreciate  what these guys have already done- someone's already said it: these deals don't come alone very often_ best of luck-  dmk

Permalink Reply by Checkmateking on January 19, 2011 at 13:23

There really isn't much to short, if you are insinuating someone is trying to move the market by posting o this site I can promise you this isn't the place to spread rumors, lets just all calm down

Permalink Reply by Jerry Millstone on January 19, 2011 at 13:51

Well if this isn't the place to spread rumors, Mr. Fenoli should be made aware of that. Also, it makes me bristle when there are non-specific negative allegations about a company, without further detail to back it up. Something unseemly about it, which often points to a financial interest or a negative bias. Do others agree?

Permalink Reply by jeff boler on January 19, 2011 at 14:54

I sure hope that their chloride content was high. The water phase of an OBM system is usually treated with CaCl2 and sometimes NaCl. The reason for this is based on osmosis. If the Brine Phase of the mud is saltier (has more chlorides) than the formation fluids then the osmotic pressure moves small amounts of formation fluid into the Oil-Based Mud. If the situation were reversed and the brine from the mud seeped into the formation then the clays within the formation would have free water to react with, swell, and create well-bore instability issues. 

 

When utilizing water-based fluids, it is common practice to collect a mud sample shortly after a drilling break (a sudden increase in Rate Of Penetration - ROP). This sample is then tested for its chlorides content in order to determine the composition of the formation fluids associated with the drilling break.

 

Because MNLU was using OBM, these chlorides they saw were added to the system one 80-pound sack at a time...

 

Permalink Reply by ledlights on January 19, 2011 at 15:12

If someone bases any significant investment decision in any major way on this discussion then I seriously hope there are no loved ones depending on their financial judgement.

 

Permalink Reply by BirdDawg, plain ole' idiot on January 19, 2011 at 15:53

Jerry,

Unless I am mistaken, there have been no specific details given to disprove any non-specific allegations about this well.

If you know all (or any) positive information about this well, please share with this site.

Permalink Reply by jeff boler on January 20, 2011 at 17:22

MNLU set casing through approximately 2500' of haynesville shale with a minimum pore pressure of 21,000 psi and saw of over 2500 units of background gas while drilling the formation with an 18.2 lb/gal or better mud weight... 

 

Individuals within the ranks of MNLU who are privy to well logging data and core analysis data made the decision to spend capital to extend the expiration dates of leases around the Burkley-Phillips Well. This will ensure that MNLU has ample time to get casing set on future wells as required to hold the leases...

Permalink Reply by James R Fenoli on January 20, 2011 at 2:14

Jerry you're  absolutely correct, this is no place to spread rumors. So, take the drive to Tellus, Miss and ask any of the tool pushers. If, they don't tell you what I was told, I'll issue a retraction!

Permalink Reply by jeff boler on January 21, 2011 at 11:28

Odd that google maps doesn't show a town by the name of Tellus, MS... This thread has already discussed where Rapad #34 was moving to...

Permalink Reply by FXEF on January 21, 2011 at 14:14

Jeff,

Probably not odd because Tellus is the operating company that Rapad rig 34 is drilling for. The well is located in Wayne County, MS. The Hiwannee 19-12 #1was spud on 01/13/2011.

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