"Wish list" and "must haves" for a site location

I've been mulling some of the things that I want in order to grant a site location.  I figured I might as well ask others what they would "want" and what they would "have to have".  At one time it seemed like it was eminent and now probably further down the road, but I thought it would be a good discussion.

 

One of the things that I want most is a maximum frac zone.  I hate to tell the company how to produce but when they get around to producing my property, I want the maximum possible.  Has anyone heard of this being a requirement.  I've heard they can slant the pipe down toward the section line and then "fish hook" it back toward the opposite section line.  I've heard that Exco has done this successfully, but I don't know how much is urban legend and how much is fact.

 

Also does anyone have a guideline for the price based on what wells close by are producing.  Example:  In an area where wells are IP'ing at 10mmcf per day on 24/64 choke as opposed to an area where wells are IP'ing at 20mmcf per day on the same choke and similar frac lenght.

 

Any other ideas?

 

 

 

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Permalink Reply by oil guy on February 16, 2010 at 9:58
Let's not forget that Chesapeake shot a 300 square mile 3d called the ammonite 3D and Veritas is completeing 1000 square 3d called tri-parish for Petrowhawk and others. I would not restrict any orientation until the underwriters of these 3D's have had a chance to process and review this data. It could end up the orientation is diagonal?
Permalink Reply by Bacon on February 16, 2010 at 11:53
well... restricted with conditions then, haha. And of course, just speaking from my experience.
Permalink Reply by Bobi Carr ("parker") on February 16, 2010 at 13:00
Henry,

Good point. I thought they had all stopped doing this. I guess not.

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