"Isn't that kind of the point of a stack play? If the operators can reach payout in the AC any production in the TMS would be lagniappe, and if a significant cost was burdened by the AC drill, wouldn't the economics of a TMS completion in…"
"I believe you are right, but why would they choose an area that is 95% west of all EOG and Marathon leased acreage? You'd think if they wanted operators to underwrite this shoot, they'd choose an area where these operators have a leasehold."
"I guess I should have said I think it is a prescription well... Only thing that makes sense to me. After reading the article previously posted "TORRENT OIL NEEDS ADDITIONAL RIGHT-OF-WAY TO REPLACE WOODSIDE ROAD BRIDGE", the bridge…"
"It is a prescription well, they aren't drilling to AC right now because they can't get a rig that size into that location at the moment. They need to build a bridge and work through adjoining landowners but they don't have enough time…"
All things about Austin Chalk in Louisiana: Horizontal drilling, improved seismic testing, and liner casing are offering hope for the deep minerals in the Austin Chalk which runs from Austin, Texas through parts of Louisiana to Biloxi Mississippi.See More
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