Excerpt: "Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE American: SLI) (FRA: S5L), a leading near-commercial lithium company, is pleased to announce that, as part of its significant resource expansion work in the East Texas Smackover region, it has sampled, to the best of its knowledge, the highest confirmed lithium grade brine in North America, with a grade of 634 mg/L lithium. In Standard Lithium’s experience, the grade of lithium in brine used for Direct Lithium Extraction (DLE) has a meaningful impact on both capital expenditures and operating costs in connection with the extraction process, with a higher grade typically resulting in lower overall costs.
https://storage.ning.com/topology/rest/1.0/file/get/11004817901?pro...
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Thanks, Hale. When the "Reply" buttons disappear, just go back to the top of the page and reply in the box right beneath the discussion. That will place the reply in the proper place and maintain the order of the discussion replies. It will also reset the Reply buttons for a number of replies until the button disappears again.
I look at a lot of revenue statements for natural gas and some for oil and they all have some information beyond what you see on your brine statement. Yes, the Lease ID number is for the operator's internal bookkeeping and doesn't relate to any state database code. Obviously AR needs to make operators provide additional data that means something to the lessor. Before the advent of Lithium as a component of brine, there may have been little feedback from lessors but the game has changed. If lessors wish to not be kept in the dark, let the state know you need more information to be an informed mineral owner/lessor.
Pantera Minerals acquires more lithium acreage in Lafayette County
magnoliareporter.com 1/26/2024
An Australian company says it has leased more acreage for lithium brine production in Lafayette County.
Pantera Minerals Limited of Perth has acquired 1,724 acres for its Superbird Project. It now has a land position of 12,103 leased acres of lithium brine prospective ground in the Smackover Formation, with a further 9,000 acres under negotiation.
In December, Pantera entered into a Binding Implementation Agreement with Daytona Lithium Pty Ltd for the purchase of 100% of the issued shares in Daytona Lithium. Daytona Lithium is the holder of the Superbird Project.
The company currently has the right to acquire up to a 35% interest in the issued share capital of Daytona Lithium, pursuant to a $2 million Convertible Note Facility, however it has not converted any of the convertible notes into shares in Daytona Lithium at this time.
The Superbird Project is located in the Smackover Formation, a known high grade brine formation. The formation is host to several lithium brine explorers and producers, Exxon Mobil, Standard Lithium), Tetra Technologies and Albemarle Corporation. The Pantera lease is west of ExxonMobil’s westernmost leases in Lafayette County, generally west of the Canfield community and north of Bradley.
magnoliareporter.com 1/28/2024
LITHIUM AND BROMINE
Saltwerx LLC of Spring, TX reported that its Gerald No. 1 was a dry hole. It was located in Section 29-18S-22W, a wildcat location in Columbia County. Total depth was to 10,554 feet. The lithium well was completed December 3. The well was west of Columbia Road 1, north of Taylor.
Albemarle Corporation is the operator and Patterson UTI Drilling is the contractor for Brine Injection Well No. 93, surface hole location 1,768 feet FNL and 1,089 feet FWL, with a proposed bottom hole location 2,525 feet FNL and 1,383 feet FWL in Section 11-17S-20W in the Warnock Springs Field of Columbia County. Total vertical depth is to 8,500 feet with a measured depth of 9,594 feet. Work began January 15.
Hmmm - what does "dry hole" mean in lithium water play?
Either insufficient reservoir / flow rates and/or encountered very low to none lithium concentrations in produced water.
Good question. No brine?????
Could have been good water flow from the Smackover, but the highly variable chemical composition of these waters may have resulted in too low a lithium content to make any extraction viable.
All the reason to explore for lithium in areas where one has some good water chemistry information.
PDF below shows this area - the recent P&A'd well is the yellow icon in Section 29. Nearby green dot is an old shallow (Travis Peak) well. The other dry hole in the section is a 1982 Palmer 10,000' well (Smackover) that was P&A'd.
All this sitting south of Dorcheat Macedonia Field (Cotton Valley).
Looked up the log on the nearby Smackover penetration near this recent dry hole.
Smackover log section attached below. Porosity zones tied to the red brackets. Up to 15% porosity as per logs - good but not great reservoir.
This well has small mud log oil show at the very top of the section / well was plugged without testing based on what I see.
No way to tell water chemistry from open hole logs.
At least we can follow test wells in S AR from the Magnolia Reporter weekly O&G report. I'd very much like to do the same with E TX test wells.
Isn't there still a newspaper that reports on NE Texas activity????
Or is one only depending on Tx RRC filings?
I occasionally see well reports from the Longview and maybe less often Tyler newspapers. I do not recall any of those reports identifying brine wells. I look closer the next time I see one. Any idea if there is any current Smackover plays that pre-date the announcements of the lithium trend in those counties? In other words, if we see a Smackover well could we assume that it is a brine test well?
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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