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Permalink Reply by Bosco Ritchie on May 17, 2011 at 9:39

This well is a twin to the Shell Temple Industries #1 drille to a TD of 19,468' in 1970. The well was tested in two different Bossier or lower CV sands betwen 18,300 and 19,300 and then abandoned, later to be completed in the travis Peak.

 

Here is the story of the new well which is drilling past 13,000'

 

There is an Indian fellow named Gumma Aguir who is sort of the father of the Deep Bossier play:

(http://blogs.oilandgasinvestor.com/nissa/2008/01/22/executive-of-the-year-leor-energy%E2%80%99s-guma-aguiar/)

He has done really well and clearly does things in a fairly big way. He has recently put together about +100,000 acres (my estimate) in Trinity County and is drilling a 19,000' test, twinning a Shell well drilled to 18,000” in 1970. The Shell well has massive Jurassic sands, and appears to be gas charged. It looks like a multi stage vertical frack play to me.

I understand Gumma made about 1.5 billion dollars on his Bossier sale to Encana, and is a living legend in India. Looks like he is at it again.

Permalink Reply by dbob on May 19, 2011 at 13:45

Bosco, all

 

I'm going to continue posting on this in the other thread as information comes in. 

see new comments here

http://www.gohaynesvilleshale.com/group/angelinacounty/forum/topics...