"It is on a 250 MBO type curve. On this curve that will take another 15 years to deplete. Sonris numbers can be misleading sometimes as the well may be off for a day or two or have a short month and it appears flat. It isn’t.…"
"Thanks for posting this info.
Last two production tests are interesting - and negative. Although the flowing pressure and choke remained constant over this 6 month period, oil cut percentage decreased from 46% to 25%. Looking like water becoming…"
"Continued decline but a bit more acute over past month. GOR also decreasing a bit.
These comments based on assuming there were no shut in periods during these months of production.
Wish we could see some water rates and flowing pressures.
"True - still a very good "show well". But the trickle of cash flow (about $100,000 per month post royalty cash flow minus operating expenses) isn't going to cut it.
Recent drop in oil prices will have an impact to drilling timing in…"
"I am thinking this 20% decline from previous month is tied to well loading up due to pressure drop and negatively impacting production.
Or this was an issue that caused the well to be shut in for an extended period of time for that month (I.e.…"
"Lots of questions - and way too early to make any sweeping comments about the Hz AC frac play in this part of Louisiana.
Remember that the EOG wells is the FIRST well in this play in Louisiana. The fact that it has made over 120,000 BO with 120 MMCF…"
"I would think our Central Louisiana wellhead price wouldn't be discounted as much as plays with shipping bottlenecks.
What one would be keen to remember is that many companies in shale plays didn't even make a profit with $100 bbl oil.…"
"A better price at the well head takes a long time to come together. The Permian is still trying to solve the pipeline problem and they have been building like crazy for about 4 years and that was only after the play proved itself. My opinion is this…"
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More