Can someone shed some light on the estimated ultimate recovery (EUR), of the wells in the TMS, specifically Amite County, MS. Encana reports EUR's in the 500 - 750,000 boe range. I have read that it is estimated that the TMS will contain 750,000 - 1,000,000 boe per square mile, which is 640 acres. I do not know if this estimate is oil in place or recoverable oil. Maybe some can elaborate. Currently TMS units are around 1280 acres in size, 2 square miles. This would mean that one unit could produce 1.5 - 2,000,000 boe before drained. If operators end up drilling multiple wells per unit, i.e., 8 or more wells per unit, then each well cannot produce 500,000 or more boe because the unit will not contain that much oil. I assume this means that each well will have a smaller EUR with each additional well drilled in that unit, but that the unit will be drained much faster. Is this correct?
Tags:
386 members
27 members
455 members
440 members
400 members
244 members
149 members
358 members
63 members
119 members
© 2024 Created by Keith Mauck (Site Publisher). Powered by
h2 | h2 | h2 |
---|---|---|
AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
Links |
Copyright © 2017 GoHaynesvilleShale.com