Continental Resources Applies For Austin Chalk Units in Vernon Parish

North Burr Ferry Field.  AUS C RA SUKK - 1980 acres covering Section 1 and the East Half of Section 2 - 3N-11W and Section 6 and the West Half of Section 5 and the Section 7 and the West Half of Section 8 -3N-10W.

North Haddens Field.  AUS C RA SUC - 1950 acres covering Section 15 and the West Half of Section 14 and Section 22 and the West Half of Section 8 - 3N-11W.

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Permalink Reply by Rock Man on March 7, 2022 at 18:17

FYI - this Austin Chal well will probably have a production profile very similar to that seem in the Prime Rock Resources Sugartown well (SN 251932) that is recently being discussed on this site.

High IP but with massive water production. Rapid decline over first couple of years.

Permalink Reply by Skip Peel - Mineral Consultant on March 8, 2022 at 2:27

I'm still puzzled why Continental is drilling these wells.

Permalink Reply by Rock Man on March 8, 2022 at 7:04

May have figured out how to lower D&C. Plus take advantage of the O&G pricing on short term.

Plus hold onto the acreage via HBP for large units.

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