Subsequent to the first quarter, the Company completed its ACLCO No. 1H (100% WI) well in the Angelina River trend. The well continues to clean up with a current peak rate of 7,000 Mcfe per day on a restricted 15/64 inch choke with 7,775 psi with 2% of the frac fluid recovered. The Company intends to produce the well on a restricted choke program similar to its core Haynesville Shale wells in North Louisiana.
The IP seems a little low, but with the small choke size and ok pressure and after more frac fluid is recovered, the well may turn out to be a good one.
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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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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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