Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on August 16, 2015 at 8:05

It's a typo.  Thanks for pointing it out.  It's now corrected.

Permalink Reply by treeman on August 16, 2015 at 10:25

Skip, thanks again for the info. What's your thoughts regarding these well results.

treeman

Permalink Reply by Skip Peel - Mineral Consultant on August 16, 2015 at 10:34

The Pipes is unlikely to recover it's cost.  Now that far east area waits to see if the Surline well, next door in Section 14, will be completed and, if so, whether it is economic.  The Spillers well is better as demonstrated by the higher pressure in addition to the 18MMcf of gas.  The liquids are lower than the average Terryville Complex well.  I'll look forward to reviewing the WH-1 report when it is entered in the database.  A couple of wells does not prove or condemn an area but taken with the no bids in the August State Mineral Auction for tracts in Ranges 1W and 1E it may indicate caution in continuing to explore further east on the part of WRM.

Permalink Reply by Skip Peel - Mineral Consultant on August 17, 2015 at 7:57

James, the Terryville complex horizontal wells reported initial production on choke sizes 26 to 48/64ths.  The majority appear to be in the 38 to 30/64ths. range.  The Spillers well would be among the wells with the best flowing pressure even if it the choke was opened to something in that range,  There's no doubt that it's a good gas well.  It's the low liquids volume that keeps it from being on a par with the Terryville Complex wells.