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yes. I think it is good. The number I gave you for the total is 24,708,000 for April. that was 8,236,000 a day. The 7100/d is May's average. Say you had 50 acres in this well at 25%, and it was a true 640/acre section with no deducts, your decimal would be .01953125 times 24,708,000. Your cut would be 482.578 MCF(assuming the BTU is 1.00- which it never is. the avg btu is around .960) at say $4.20 gas. $2026.83 pay out. This is just an example. I have no idea on your true acerage, royalty or the price of gas they will pay. That would be paid 50/50 by encana and swepi. The prices they pay are usually never the same.
Came on 3/21. Slow at first. Around 41,000 for March. April is doing better.
Serial # 241519. Not yet. Heard they (Haliburton) was going to finish the Julia Swain first, then move back to it. The choke isn't the problem now. There having trouble getting the wireline out. Keeps breaking off. They tried for about 40 days and managed to get less than 2000 feet out. What I heard anyway. I watched them work on it a couple of days and looks like a really slow process.
Do you own land in this section or have an override interest or something? Really a good well. Produced 791,000 in less than 60 days.
To: Pelican, yes we are landowners in the section, I need to take a drive and check on it too, do you know if Halliburton is on it. I will head down this weekend and look around, we have other wells in the area.
Sounds like you are close down in the area, THANKS for the info.
No activity just yet. Still waiting. I live right there. Hwy 175 at 177
Thanks Buckshot. Have not had time to get over there in a while. I have not found a site to get upto date information. I did not have any idea what it might do, again thank you for the info. If anyone has any more information on it Mark and I would like to know.
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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