So, they have the Angie(James Lime) listed as the target formation but isn't that formation situated at about 7,500' depth in this area?
Would be interesting to see this test the return on horizontal completions in some of those shallow formations, however the math isn't adding up to me when wieghing out the target zone, lateral lenght and total depth....
Devon also has their Motley 1-H well just South of this new Snell 1-H well. The Motley has a completion depth of 18,000 and targets the N.Carthage/Bossier.
That one has a lateral of just under 5,600' and the target zone and completion depth for the Lime on that well is detailed at 7,350'.
So either it seems that the Devon permit has a typo that the Angie/James is the intended target or the 15,000' depth is a typo, or the target is actually something deeper.....
I was told that this well was completed about the first of April. I have not heard any of the results. The Snell Well is located at Choice about a mile off hwy 96. I would have thought that the W-1 form would give you some information but it is old. If you have any knowledge of how to get the information I would appreciate it. I did not intend to start another discussion just trying to reply to this. If seems that the Snell well does not have many takers. A interested person from Louisiana.
I was told today May 14 that this gas well was producing 2 mcfd but is now at 1 1/2 mcfd. No oil was produced from this well in the Angie (James Lime). Just thought someone else would like to know. It was placed on line a few months ago. I believe the other Angie (James Lime) well produced some oil.
I though this was a little low also , but by the royalty estimation chart it shows that a person with 20%, at $4.5 will receive $775 per acre per year. I could live with that.