Replies to This Discussion

Oil & Gas ProPermalink Reply by dbob on July 8, 2011 at 16:15

I think that was drilled with the Latsha #8 drilling rig, which I don't think is one of the big flex rigs.  As you note, it has produced 384 mmcf since 2009, but it hasn't produced any condensate.  Figure at this point, its probably produced close to $2million in gas, prior to expenses.  Much of the stuff in that particular area is HBP.  

 

Anyway, push gas prices back toward $12 and I guess they would drill more of this.  Otherwise, better ROI on other stuff.  

landownerPermalink Reply by adubu on July 9, 2011 at 11:03

It's as good as some of the TP wells and still vertical at 12,500 cost should be about 1.3 million to complete to sales.

landownerPermalink Reply by MARG on July 18, 2011 at 4:19

It is listed on check stub as a TP.

landownerPermalink Reply by MARG on August 12, 2011 at 6:20

Maybe you could talk to Mr. Touchon (ta-shun), landman, or better yet engineer dept. at XTO. Of course, it is hbp'd, but looks like they would like to find something new when they are not working too much.