Replies to This Discussion

Permalink Reply by William Thornton on June 26, 2014 at 17:07

What is HBP?

Permalink Reply by Skip Peel - Mineral Consultant on June 27, 2014 at 0:55

Held By Production.  A common industry term for lands that have existing production which holds the leases in force.  Those sections noted as HBP already have a completed well.

Permalink Reply by William Thornton on June 27, 2014 at 5:44

Here is my confusion.  In 2N 3E sections 12 & 13 there are no completed wells.  There is current drilling but the rig just spudded last week.  Am I missing something?

Permalink Reply by Skip Peel - Mineral Consultant on June 27, 2014 at 6:36

William, the reason I put "in whole or in part" in the discussion title is because there are a number of instances where only part of a section is included in a drilling unit and indeed instances where portions of a section may be included in more than one unit.  In the case to which you refer a portion of Section 13 is included in the unit for the completed Joe Jackson 4-13H and a portion in the permitted but not yet drilled Sabine 12H comprised of all or portions of Sections 1, 12, 13 & 14, 

Permalink Reply by William Thornton on June 27, 2014 at 16:11

Thanks for the explanation.

Permalink Reply by Skip Peel - Mineral Consultant on June 27, 2014 at 16:14

You're welcome.  Trinidad Drilling Rig 125 spud the Sabine 12H #2 6/22.

Permalink Reply by William Thornton on June 27, 2014 at 17:06

How do they drill 2 wells at the same time with one rig?  !2H-1 was spudded on the 19th and now 12H-2 on the 22nd.  Didn't think that was possible.

Permalink Reply by Skip Peel - Mineral Consultant on June 28, 2014 at 1:47

You think correctly.  I went back through the weekly rig reports and didn't find an entry for the #1, only the #2.  I don't show the #1 spud in my spreadsheet. Probably my typo from the report..  Thanks for the heads up.

Permalink Reply by James F. Jackson on June 27, 2014 at 17:19

Sec. 13, T2N, R3W is not in the Joe Jackson 4H-1 & 4H-2 unit.  Secs. 4 & 9 are.

Permalink Reply by Skip Peel - Mineral Consultant on June 28, 2014 at 1:52

James, I didn't say Section 13 was in the Joe Jackson 4H #1 & #2.  I said it was in the Joe Jackson 4-13H. The 4-13 was completed back in May, 2008.

Permalink Reply by BARRY BEAN on June 27, 2014 at 4:07

1N 5E sections 21,28,&33 are not HBP or drilling they are permitted in the Smith28H

Permalink Reply by Skip Peel - Mineral Consultant on June 27, 2014 at 4:21

Barry, those sections are not followed by a "D" or "HBP".  They are, as my discussion title indicates, included in a TMS unit. 

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