Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on January 1, 2022 at 6:29

The wells appear to be drilled to Total Depth and Waiting On Completion.  All three had work orders approved for completion operations in mid-Nov.  The work order is good for twelve months.

WORK PERMITS

REFERENCE NUMBER	APPLICATION DATE	EXPIRATION DATE	WORK PERMIT TYPE	WORK PERMIT STATUS	WORK PERMIT STATUS_DATE	TOTAL DEPTH	WORK_PERFORMED	DOCUMENTATION RECEIPT DATE	TEST SAND	WORK DESCRIPTION
744-21-3-14	11/15/2021	11/09/2022	HYDRAULIC FRACTURE STIMULATION	APPROVED	11/15/2021	19986	N			PERF AND FRAC 11,759-19,852 IN 40 STAGES. COMPOSITE FRAC PLUG WILL BE SET BETWEEN EACH STAGE. AFTER FRAC, ALL PLUGS WILL BE DRILLED OU, PACKER SET TUBING RAN, AND TURN WELL TO SALES. ACID MAY BE USED AS NEEDED TO LOWER TREATING PRESSURES. ACTUAL PERF

Permalink Reply by Andy Franklin on January 1, 2022 at 6:31

Thanks Skip

Permalink Reply by Skip Peel - Mineral Consultant on January 1, 2022 at 6:35

You're welcome, Andy.  I hope they are good wells.

Permalink Reply by Les on August 31, 2022 at 4:54

They indeed are good wells!  Exco struck gold, er NG with these 3 wells. I know the initial high production level will be throttled back in the coming months but I hope these are long-lived, for my kids sake!

Permalink Reply by Skip Peel - Mineral Consultant on August 31, 2022 at 5:55

The three new wells average just under 19,000 mcfd IP.  Decent but a little short of the average for their contemporary HA wells.  The #2-Alt at 16,516 mcfd brings the average down.  With eight horizontal HA wells in this section, it will be interesting to monitor the decline.  A lot of Exco units have been fully developed.  New well slots are in short supply.  Les, the current natural gas prices will more than make up for the somewhat subpar Initial Production rates.  Congratulations.