I was wondering if anyone has been contacted concerning this well. I'm trying to figure out what I can expect next and in what kind of timeframe.

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Oil/Condensate (Whole Barrels) Gas/Casinghead Gas - MCF
Prod Month
Commingle
Permit No.
On Hand
Beginning of Month
Production
Disposition
On Hand
End of Month
Formation
Production
Disposition
Volume
Code
Volume
Code
01/2019
0
0
0
540,063
540,063
02
02/2019
0
0
0
490,500
490,500
02
03/2019
0
0
0
505,374
505,374
02
04/2019
0
0
0
470,063
470,063
02
05/2019
0
0
0
537,678
537,678
02
06/2019
0
0
0
479,142
479,142
02
07/2019   NO REPORT ON FILE

            

Nice well - only a 10% max swing in rate assuming ZERO down time. It doesn't take much down time to lose some volume and give one an incorrect idea of depletion.

And without have the operator's records, there is no way to know.

Anyway, 3+ BCF in 6 months is pretty strong!

That's a H1 and a B1 together. The H1 is about four years old and the B1 is about a year old

OK - I should have known that.

So mechanical / operational with two wells could impact monthly volumes! And the older well may have some more decline component to production that the latest one

Here's all the production from #H 1 (unit=2 wells Nov '18), beginning in Feb 2016. This total doesn't included June so you have to add 479,142 for an actual total of 10,023,680.

The #B 1 well was turned to sales on Nov 7, 2018 so I credit everything Oct 2018 and before to the #H 1 well on my production spreadsheets.

Is there supposed to be a file attached with this info?

There is, sorry. I thought I loaded it this morning but apparently not. So I just tried it again (deleted) and the file won't load from the attach buttons below the reply box.

Something is not working right, I guess. I browse to the pdf file and it appears under the reply but when I hit "add reply" it is not there. I've done that twice today and nothing shows up with the reply.

See if this works. I turned it into a link with the "attach" button at the top instead of the buttons below.

Keydets%20Unit%20Prod.pdf

     For the month of June, XTO paid $2.24/ MMBTU for gas out of H1 and $2.23/ MMBTU for gas out of B1.  They list the H1 as producing 191713.00 MCF and the B! as producing 287429.00 MCF.

     I wonder why the taxes coming out of the B1 are exponentially Higher than those coming out of the H1?  Almost 290× higher!

Oil/Condensate (Whole Barrels) Gas/Casinghead Gas - MCF
Prod Month
Commingle
Permit No.
On Hand
Beginning of Month
Production
Disposition
On Hand
End of Month
Formation
Production
Disposition
Volume
Code
Volume
Code
01/2019
0
0
0
540,063
540,063
02
02/2019
0
0
0
490,500
490,500
02
03/2019
0
0
0
505,374
505,374
02
04/2019
0
0
0
470,063
470,063
02
05/2019
0
0
0
537,678
537,678
02
06/2019
0
0
0
479,142
479,142
02
07/2019
0
0
0
498,565
498,565
02
08/2019   NO REPORT ON FILE

XTO's price for gas in July was just $2.08!  Man, that sucks!  Sure hope it gets better

I suspect that it will for October and certainly November.  It needs to get north of $2.50 for some operators but recent reports give the average Haynesville break even price as $2.30/mcf.  That could be good or bad depending on how royalty interests view it.  It keeps marginal operators afloat but just adds to the supply glut.  It does show that operators continue to drive down their D&C costs.  Which is of course bad news for service companies.  Plenty pain to go around.

Gas prices will probably pick up this winter year end as a temporary positive "fix", but a bigger concern is the impending completion of the next couple of years of all the gas pipelines bringing that product from the Permian Basin to the Gulf coast. The one I am most familiar with is the 2+ BCF per day Permian Highway line that Kinder Morgan is building. Multiply that volume by 10+ other lines (at least) and prices will be impacted.

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