Replies to This Discussion

Permalink Reply by adubu on August 25, 2009 at 12:18

not bad at $73---wish I had minerals in these units-- you should post this in Shelby County Group also

Permalink Reply by jerry smith on September 1, 2009 at 12:38

any body no what survey theses well are in

Permalink Reply by jffree1 on September 1, 2009 at 13:22

Jerry,

Burdette A Oil Unit #1, W. Kimbro Survey, A-179 San Augustine
Sanford (Pettit) #1, W.A. Sanford Survey, A-259 San Augustine

Hooper (Pettit) #1, O.D. Mitchell Survey, A-989, Shelby
ODM (Pettit) #1, O.D. Mitchell Survey, A-989, Shelby
Ontiveras (Pettit) #1, N.S. Fountain Survey, A-949, Shelby is a recompletion of a well previously named the "A. M. Scot".

Permalink Reply by jffree1 on September 1, 2009 at 13:24

Sorry, that last one was Ontiveros

Permalink Reply by jffree1 on September 21, 2009 at 17:04

Burditt is NW of San Augustine. Do you have a question about it?

Permalink Reply by jffree1 on September 21, 2009 at 18:00

No, it's not a town. There may have been a community there at one time, but I don't know for sure. J. Burdett is NW of San Augustine and South of FM 711, a little bit removed from Countyline but not far.

Permalink Reply by Ariel Brittanie Seher on October 12, 2009 at 17:09

I have mineral rights 7 miles nw of san augustine, near county line. survey A-53 (J. Burditt). I checked Texas RRC map-and to me, looks like there are quite a few wells...familiar to anyone? Angie, Wildcat, James Lime... The spelling of the survey was Jesse Burdett A-53, KVG#3.....????????

Permalink Reply by Wilma Watts on October 14, 2009 at 2:42

Are these wells targeting crude oil or natural gas? If oil what formation?

Oil would be a lot easier to sell these days. Thanks for any info on targets out here.

Permalink Reply by jffree1 on October 14, 2009 at 3:23

Wilma, the "Pettit" wells are targeting oil. Pettit is the formation. Angie is the field.

Ariel, Everyone in this group is familiar with "Angie (James Lime) and Wildcat fields to some extent. Do you have a specifc question regarding a well? It is hard to respond if you are not telling us what you need to know. Do you think you might have an interest in the KVG wells? If that is your thought then you should contact Cabot Owner Relations @ 800-434-3985.

Permalink Reply by jffree1 on October 26, 2009 at 13:19

Cabot Oil & Gas Provides Pettet Update
Mon, 26 Oct 2009 22:48:36 GMT

HOUSTON, Oct. 26 TX-Cabot-Oil-Gas HOUSTON, Oct. 26 /PRNewswire-FirstCall/ -- Cabot Oil & Gas Corporation (NYSE: COG) today announced that its Pettet oil development in Shelby and St. Augustine counties in east Texas continues to show superior results. Thus far during 2009, Cabot has drilled four wells targeting the Pettet formation. Four of these wells have been completed with horizontal intervals covering between 3,800' to 5,200' with up to 15 frac stages. Individually, these wells had initial production rates ranging between 815 to 936 barrels of oil per day, plus natural gas, with 30-day average production rates between 450 - 514 barrels of oil per day. "This success is exciting in light of the market differentials between oil prices and natural gas prices," said Dan O. Dinges, Chairman, President and Chief Executive Officer. "Right now this differential is a multiple of 15:1 and with the well performance, the Pettet is a very economic play." The Company is currently completing a fifth well and is drilling its sixth well with plans to drill five additional wells this year in the Pettet. Overall, the Pettet is currently producing over 1,000 barrels of oil per day plus 3.7 Mmcf per day. The Company estimates it has 175 to 225 gross Pettet locations with a potential of 25 - 35 MMBO, plus 100 - 140 Bcf of natural gas. Cabot Oil & Gas Corporation, headquartered in Houston, Texas is a leading independent natural gas producer, with its entire resource base located in the continental United States. For additional information, visit the Company's Internet homepage at www.cabotog.com.

SOURCE Cabot Oil & Gas Corporation

http://www.earthtimes.org/articles/show/cabot-oil--gas-provides-pet...