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Jay's Discussions

Marathon Suspends LA AC Activity Immediately
24 Replies

Marathon has elected to suspend their Resource Play Exploration (REx) drilling and leasing activity due to the oil price collapse.  This includes the presently drilling Crowell well in Rapides…Continue

Started this discussion. Last reply by Rock Man Mar 14.

Chesapeake Blowout
3 Replies

This is probably about the last thing you need to have happen when your stock price is 50 cents and gas prices are not much higher than that.  Authorities are investigating the cause of an accident…Continue

Started this discussion. Last reply by Jay Feb 6.

Comstock buys Covey Park
2 Replies

We have a new 800 pound Gorilla in the Haynesville and it is Jerry Jones backed Comstock Resources.  I have attached the info along with maps showing their ownership.  If you are in a Covey Park unit…Continue

Started this discussion. Last reply by JHH Jun 10, 2019.

Chesapeake Haynesville Update
10 Replies

Since Chesapeake bought Wildhorse they have pivoted to East Texas at the expense of the Haynesville.  It is sad that you can complete wells at 47 MMCFD and 34 MMCFD and Wall Street does not care.  81…Continue

Started this discussion. Last reply by Skip Peel - Independent Landman Jun 9, 2019.

 

Jay's Page

Latest Activity

Jay replied to Keith Mauck (Site Publisher)'s discussion West Texas Intermediate Under $7 barrel
"The "non scary" number today for WTI is 29 bucks.  Posting the wholesale/spot is kinda like going to Carmax and saying "how much will you pay me for this as I have to sell it".  But as I posted above, it is just…"
Friday
Jay replied to Keith Mauck (Site Publisher)'s discussion West Texas Intermediate Under $7 barrel
"it is at 24.75.  i think keith is talking about immediate delivery in the permian as in "i have to sell this now".  shock value headline.  but at 24.75 most of us will go out of business so it is just semantics anyway. jay"
Apr 2
Jay replied to Steve P's discussion Rapidly declining production
"Your section 2 has one original Legacy well that does not share production with other sections.  It is SN 243197.  The other 2 wells that have been drilled share production with section 35 to your north (SN 251753) and section 11 to your…"
Mar 27
Jay replied to Steve P's discussion Rapidly declining production
"Post the API and the STR numbers and let me see what I can find out. It looks like the well count was for 4 wells, then 2 wells, then 1?  "
Mar 27
Jay replied to Steve P's discussion Rapidly declining production
"I would check but I am remote here in Houston and don't have access.  I can't imagine that a well that makes almost a BCF the first month declines that sharply, but maybe.  If I was Vine and did not have to sell at these prices,…"
Mar 26
Jay replied to Steve P's discussion Rapidly declining production
"Careful trying to allocate CUL production with Sonris.  It is not always accurate and sometimes confusing.  If you want accurate production use a pay service or get it from the operator. jay"
Mar 26
Jay replied to Skip Peel - Independent Landman's discussion WTI $20.37/barrel, 18 Year Low, 3rd Worst Day on Record
"Skip can post what he wants and I won't complain.   I just find it redundant.  Here in Houston, we all know the score and it is not good.  And it is not just for the oil biz.  Just wait, smaller towns, it is coming to…"
Mar 21
Jay replied to Skip Peel - Independent Landman's discussion WTI $20.37/barrel, 18 Year Low, 3rd Worst Day on Record
"I know that.  Just hate to see it has turned into a click site.  Don’t worry, i wont post much any more.  Jay"
Mar 18
Jay replied to Skip Peel - Independent Landman's discussion WTI $20.37/barrel, 18 Year Low, 3rd Worst Day on Record
"I don’t take it personally, but this is GHS.  Not a site that just links every other post on the internet.  But maybe that is what it has become.  I personally think the change is not for the better.  "
Mar 18
Jay replied to Skip Peel - Independent Landman's discussion WTI $20.37/barrel, 18 Year Low, 3rd Worst Day on Record
"Per Fox, it may go to zero.  It will not go there but most companies will go bankrupt. No need to post these articles—we all know about it. Jay"
Mar 18
Jay replied to Skip Peel - Independent Landman's discussion Exxon Mobil calls for tighter methane regulations
"Yep, I never understood all of the resource companies drilling alternate unit wells in HBP acreage.  WTH??  Maybe that I why I don't work for a resource company. jay"
Mar 16
Jay replied to Skip Peel - Independent Landman's discussion Exxon Mobil calls for tighter methane regulations
"The drilling stoppage will take care of itself.  I have been in the business since 1979 and seen many cycles.  This one will wipe out any company with any sort of debt.  Only the majors are insulated.   Jay"
Mar 16
Rock Man replied to Jay's discussion Marathon Suspends LA AC Activity Immediately
"Personally, I don't see any part of the aerial surveying as a help to support re-entering the play. But it and possible 3D will be beneficial to operators if the decision is made to resurrect the play IF commodity prices drastically change. The…"
Mar 14
David Crockett replied to Jay's discussion Marathon Suspends LA AC Activity Immediately
"Maybe this will give them some information to re-enter this play at some point in the future. "
Mar 14
Rock Man replied to Jay's discussion Marathon Suspends LA AC Activity Immediately
"Good to hear that aerial effort may still be ongoing. It may be worth the effort for contractor to at least complete 100% of this aerial effort - it is by way the least costly part of any data acquisition effort."
Mar 14
CenturyMan replied to Jay's discussion Marathon Suspends LA AC Activity Immediately
"Helicopter crews still working today.  Far Northeast Evangeline Parish (Lonepine community area)."
Mar 14

Profile Information

How would you describe yourself?
Oil and Gas Professional
First Name
Jay
Zip Code
77380
Plays that you follow
Austin Chalk, Haynesville, Tuscaloosa Marine

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