Lower Smackover Brown Dense
All things pertaining to leasing and drilling in the LSBD.
SHARP22, Tick Creek Field
Landowner in this production unit. I have begun researching the oil and gas industry. As a novice, I would like to know the anticipated life of a vertical well. I would also like to know if SWN plans to drill horizontally in the unit? Thank you for any responses.
Skip Peel - Mineral Consultant
Robin, there is no standard life span for a vertical well. Each well is different. SWN has not made any announcements concerning their LSMK leasehold in quite some time although we do hear the occasional mention of a new lease or a lease extension. The horizontal wells that SWN drilled in the Brown Dense were very expensive and non-economic. They actually had better luck with their vertical wells and the Weiser-Brown EXXON-MOBIL #2 well that is the "discovery well" for the Brown Dense is a vertical completion. At current commodity prices it just doesn't make sense to be allocating development dollars to the Brown Dense.
Oct 24, 2015
Rock Man
There is no set time frame for how long a vertical well can produce - it all depends on the quality of the zone that the well is completed in plus the economics (i.e. oil prices vs operating costs).
No way of knowing where and if SWN will be drilling horizontals. Suggest you look at SWN website to get a feeling as to their present interest in the Brown Dense.
Plus look over other blogs / postings on this topic
Oct 24, 2015