Replies to This Discussion

Permalink Reply by Mister Sunday on October 29, 2022 at 9:35

I sure wish I could find out what's going on with H1 and B1.  XTO is no help at all.

Permalink Reply by Rock Man on October 29, 2022 at 10:14

Based on how this well's production crashed (42-405-30559), I would have to say that there was a downhole catastrophic failure taking place/ Casing collapse either near the heel of the lateral or in the vertical / curve section of the wellbore.

Something that could not be fixed despite all the rig efforts that were observed.

And unless you have wording in your lease that requires operator to share info, there is no reason for XTO to share any information with the mineral owners.

Could this section be re-drilled - yes. But odds are the economics on remaining gas that could be recovered from this partially depleted part of the reservoir are not favorable at today's prices.

Not what anyone wants to hear - sorry about that.

Permalink Reply by Mister Sunday on October 31, 2022 at 9:37

Then I guess I'll just be glad that they at least decided to drill a new one from the other end of the plat.

Permalink Reply by Wyo Guy on December 1, 2022 at 5:42

Gas production in October 2022 for the KEYDETS-A 47 4H well was 806,478 MCF. This compares with a maximum one-month production for the BSI KEYDETS DU H1 and B1 wells of 540,063 MCF in January 2019.

The average Henry Hub spot price for October was 5.66 $/MMBTU. Assuming XTO pays 5 $/MCF, the October 2022 gas production would be worth about 4 million dollars. 

Permalink Reply by Rock Man on December 1, 2022 at 7:03

Yep - minus taxes and any production related expenses and fees (for those who don't have cost free leases).

Bigger fracs creating these really high early production volumes - will be interesting to see production decline rate over next 12-18 months.

Permalink Reply by Mister Sunday on December 2, 2022 at 1:37

Cool!  Thanks Wyo Guy!

Permalink Reply by Wyo Guy on December 2, 2022 at 5:42

You're welcome, Mister Sunday.  Do you think XTO will pay royalties for this gas later this month?  That would be an excellent Christmas present!

Permalink Reply by Mister Sunday on December 2, 2022 at 11:21

Yes I think this gets reported to RRC two months behind and then we should see the check around the 25th.  Maybe a little earlier if you have DD.

Permalink Reply by Wyo Guy on December 4, 2022 at 7:33

Thanks, I hope you're right.  Just wondering if there might be a delay of the normal timing with this being a new well. 

Permalink Reply by Mister Sunday on December 4, 2022 at 8:50

All that is subject to change at XTOs whim.  It's been so long since I've seen a payment, I'm not sure I'm right.

Permalink Reply by Mister Sunday on December 8, 2022 at 7:54

Just as an aside, if there is a check for this month, the information(check stub) usually gets posted on energylink.com on the twentieth

Permalink Reply by Janna on December 10, 2022 at 11:42

Will this when most everyone find out the percentage ownership in the Unit?

• ‹ Previous
• 1
• …
• 29
• 30
• 31
• 32
• 33
• …
• 40
• Next ›
• Page