"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…"
"So Rock Man, what do you think about this well at this point? What do these production stats tell us about this area as opposed to it's competition in shale plays and the Texas Chalk areas?
I have a bunch of questions that I hope these future…"
Thanks for posting this. Looks like month to month decline has really slowed down the past couple of months versus earlier steeper decline. Only 4-5% decline per month now. GOR has stayed pretty constant overall with only a slight increase over…"
"When comparing the porosity values for the area around the Eagles Ranch against the rest of the trend the Southern end of Avoyelles seems to run slightly lower than the other known fields by about 1-3% porosity"
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