Replies to This Discussion

Permalink Reply by Marsel in Texas on February 9, 2010 at 13:17

thank you, rj, for your reply. can you tell if 29,292 mcf is a good amount? I am a novice at this. :D

Permalink Reply by DJG on February 9, 2010 at 13:36

Not huge production at about 1 mmcd average for the month, but nothing to be concerned about as this is a verticle completion.

The good news is that with Chesapeake's new Smith 1-H well recently permitted last week on land that was previously a Burke unit, it looks like there has been some resolution in the Burke/CHK lawsuit and that Chesapeake will now be drilling proper horizontals in those areas.

I would keep an eye on CHK's Smith 1-H, Devon's Adams 1-H and Devon's Whitton 1-H wells which are all permited for that area. Devon's two wells are currently drilling so once the numbers come out (might be a while, however, before they release any production info) on those wells then you will have a pretty good indication as to what prospects you're actually sitting on.

Permalink Reply by DJG on February 9, 2010 at 14:02

Just to give you an idea where you are at. that Burke/Campbell well is about 1/2 mile directly South of Chesapeake's Smith 1-H well that was just permitted last Friday. It's about 2 miles South of Devon's Adams 1-H which is currently drilling and about 2 miles directly East of Devon's Whitton 1-H which is also currently drilling.

Devon's Warr 1-H is about 5 miles directly East of you and should, hopefully, have some numbers released soon.

Noble's Mary Harris 1-H is about 5 miles directly Southeast of where you are at, and that well had a respectable IP of over 12 mmcfd and has already reported production of almost 800,000 mcf of gas in less than 1 year of reported production.

Now that it looks like CHK will come in an properly drill horizontals in these units held by Burke, it should turn out to be a decent place to have some mineral holdings.

Good luck to you.

Permalink Reply by Phillip Crump on March 2, 2010 at 3:54

I talked with a person in the know (I am new to this so I better not name names) that told me that a couple of the Unit Petroleum wells were being looked at by Chesapeake for horizontal drilling mine may one of them (Bush)
I beliwve the Campbell is the other.

Permalink Reply by Lorissa Gail on March 2, 2010 at 5:32

This is great news indeed!
Would Chesapeake allow the vertical well to produce while waitning to drill the horizontal or would the well (Bush) be shut-in? It would be nice for the mineral owners if they could "double-dip"! I also noticed that this well is unitized for 483.015 acreas. Nice for the mineral owners if it stayed this size!

Permalink Reply by DJG on March 2, 2010 at 7:28

Depending upon their lease-hold position in that specific area, I would imagine that CHK would likely push the unit size up to the allowable limits of around 700 acres once they do move forward with plans for the horizontal. I.e. - just yesterday, Devon re-permitted their War 1-H well that is now completing. Originally unit size was around 360 acres and the amended unit is now at 766 acres. They must have recieved a special variance on that well, however, as the current statewide regulations allow for unit sizes of 640acres + 10% = 704 acres.

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