Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on January 18, 2016 at 11:52

Hard to say.   If past wells are any indications it could be months.  I'll try to remember to check the next time I'm at the Shreveport OC office.

Permalink Reply by lee on January 19, 2016 at 5:40

Since Wildhorse has left the building, its probably safe to say it stunk.

Permalink Reply by Skip Peel - Mineral Consultant on January 19, 2016 at 8:21

Or, it's another good well and that's why MRD acquired all the WRM leasehold east of Ruston.

Permalink Reply by lee on January 20, 2016 at 3:27

Skip I don't have access to Lincoln Parish on-line records but I don't believe that MRD acquired all or any of the WRM leasehold east of Ruston.  I went by the Spillers well in Choudrant this morning and it stills has the Wildhorse well sign up.  In the past around here the MRD signs were up almost before the sale was closed.  Talk around here MRD not interested in WRM due to poor well performances in this area.

Permalink Reply by Skip Peel - Mineral Consultant on January 20, 2016 at 3:38

lee, I do have a remote access account and there is at least one assignment of leases from WRM to MRD.  I haven't picked it apart and it may not cover all the leases that are a  portion of the 132,000 acres of leasehold that MRD acquired from others however having followed the play on a daily basis for 5 years I'm confident that there is no way that MRD picked up that much acreage without it including all or substantially all of WRM's leasehold east of Ruston.  I expect that after the Spillers well is completed along with the pipeline associated with the WRM wells we'll see the formal change of operator filed with the state. Then the signs will change as will all the well data in the state database.  Although the talk may be correct regarding the IP on those WRM wells it doesn't account for the science produced by those wells.  Since  MRD is producing from multiple formations the Terryville complex and the eastern wells are completed in only one formation it would be a mistake to reach any conclusion based on the production from those wells.

Permalink Reply by DSR on January 20, 2016 at 14:50

Skip,

Regarding your last sentence, "Since  MRD is producing from multiple formations the Terryville complex and the eastern wells are completed in only one formation..." What might this mean to me, the landowner and leasee if I have a Pugh clause in my lease?

Thanks

Permalink Reply by Skip Peel - Mineral Consultant on January 20, 2016 at 14:59

Depends on the wording.  The standard vertical Pugh allows the lessee to hold all depths down to the producing interval plus 100', after expiration of the primary term. Or it could read, "to the deepest depth drilled, plus 100 feet".  Either way these are exploratory wells and likely have pilot holes deeper than any horizontal lateral. 

Permalink Reply by DSR on January 20, 2016 at 14:44

My property is in this unit. I wrote to WRM to ask them about the availability of production numbers. They wrote back, but not with any information.

I'm encouraged by the diameter of the pipe they're laying to the adjacent well (Pruett 16-21 HC). I believe it is 16 inch. I'm also encourage by the fact that they moved the drilling rig from the Smelley site in sec 16 directly to the site in sec 15. I heard a rumor that it was to go elsewhere. I'm assuming that the initial data from the Smelley well was favorable. At least that's my wishful thinking.

Permalink Reply by Skip Peel - Mineral Consultant on January 20, 2016 at 14:52

It's not only the same size pipe, and it is indeed the same pipe, running to multiple wells.  Don't assume too much from the pipe size as it will likely serve a number of wells when completed.

Permalink Reply by Skip Peel - Mineral Consultant on February 28, 2016 at 3:39

Wildhorse Resources Management Co, CV RC SUE; Joe W Smelley 15 22HC, 1:249046. Choudrant, S15. T. 18N R. 02W. 13624 mcf gas on 30/64 choke; 30 barrels n/a gravity condensate; 3500 barrels water. 6513 lbs. CV RC perforations, 11180-19780 feet, depth, 19900 feet.

Permalink Reply by DSR on February 28, 2016 at 14:07

Thanks. Is that on Sonris?

Permalink Reply by Skip Peel - Mineral Consultant on February 28, 2016 at 14:12

Yes.

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