Replies to This Discussion

Permalink Reply by jffree1 on July 20, 2011 at 5:00

I saw that report and thought it pretty interesting.  I don't care much which interval the production comes from as long as they continue to explore and develop whatever is here.  Wouldn't that be great?!  James Lime wells are MUCH less expensive compared to a HA/BO well.  Y'all don't forget the depth clause if you sign a new lease.

Permalink Reply by Fred W. Smith on July 20, 2011 at 15:54

At what depth do you suggest?  Our lease in Sabine Cty is up in Sept and need to know info before we release.  Is the condensate oil, salt water or a mixture?

Permalink Reply by Johnnie Joe on July 21, 2011 at 3:38

I think 8-9,000' is a good max for the James Lime.  Others might know better and I would look at if any are drilled around your area to check their depth.  The Haynesville/ Bossier wells seem to be +12,000' so that would be about right.  Please correct me if I'm wrong.

 

Natural gas, oil, condensate, CO2, H2s, water, water vapor, frac fluids, etc. will all get or can get produced in a well and come up together.  They are then seperated out by gravity on the well pad and either trucked or pipelined to another facility to seperate out by gravity and/or process to go to market.  So it's pretty much a mixture.  The lighter hydrocarbons (specific gravity 0.5-0.8) are sometimes call condensate or natural gasoline and sell around the price of a barrel of oil I believe.

 

http://en.wikipedia.org/wiki/Natural_gas_condensate

 

The cf/bbl (gas to oil ratio) for this well was 7070, which anything under 10,000 is generally described as an oil well.  These maybe could be called more of a condensate well?  Liquid condensate can flash to gas at lower pressures too.  It will make the BTU of the gas higher which can get you more $$$ for the gas.

 

http://en.wikipedia.org/wiki/Gas_oil_ratio

 

Getting some liquids out of the area could spark some interst back in the area for sure.  Not sure if this is only skimming the top and trying to cause hype like the Kardell or if this is actually going to be a good find.  Seems pretty good if they got 16,000bbl out of Skillern so far, I just don't see that reported on the RRC?

 

Jan 10 - July 11

Operator Name	Operator No.	Oil (BBL)	Casinghead (MCF)	GW Gas (MCF)	Condensate (BBL)
BC OPERATING, INC.	058893	0	0	0	0
BUFFCO PRODUCTION INC.	106406	0	0	0	0
CABOT OIL & GAS CORPORATION	121700	66,603	647,406	12,910,262	14,878
COMMON DISPOSAL, LLC	169728	0	0	0	0
COMMON RESOURCES L.L.C.	169727	0	0	1,821,730	5
CRIMSON EXPLORATION OPER., INC.	190005	0	0	1,818,916	0
DEVON ENERGY PRODUCTION CO, L.P.	216378	0	0	1,823,680	70
ENCANA OIL & GAS(USA) INC.	251691	0	0	0	0
ENERQUEST CORPORATION	252059	0	0	39,422	336
EOG RESOURCES, INC.	253162	0	0	2,536,745	0
ETOPSI OIL AND GAS, L.L.C.	255136	0	0	0	0
ETX FLUID SOLUTIONS, LLC	255142	0	0	0	0
EXCO OPERATING COMPANY, LP	256915	0	0	17,289,479	0
HIBBARD ENERGY, LP	383757	871	6,374	32,679	0
KT OPERATING COMPANY LLC	478409	668	2,165	0	0
RADIUS OPERATING, LLC	687835	5,641	27,000	0	0
SABINE COUNTY WATER DISP, LLC	742126	0	0	0	0
SM ENERGY COMPANY	788997	3,157	63,215	69,756	867
SOUTHWESTERN ENERGY PROD. CO.	806668	30,027	223,936	29,724,663	18,939
ST. MARY LAND & EXPLORATION CO.	810874	1,984	39,600	45,666	399
XTO ENERGY INC.	945936	0	0	889,665	76
Total		108,951	1,009,696	69,002,663	35,570

 

That would be around half of the entire county's condensate production in the past year and a half!

Permalink Reply by jffree1 on July 21, 2011 at 4:32

The Skillern production is still "pending".

Attachments:

• Skillern #2H production.pdf, 216 KB

Permalink Reply by GoRicky on July 21, 2011 at 14:53

Let's all spend ALL of our time postulating and/or trying to create a mess out of other-people's minerals and/or royalties.  You CAN get left out & create all kinds of confusion, animosity and problems for others (and their heirs).  I'm glad I get checks and am not relentlessly making an antagonistic situation with companies that offer good money to lease and spend millions on making molecules come out of the ground that I can't make come up & be sold.  Some people take great glee (and a living) in advising land/mineral owners while steering them into NO-MONEY situations... might as well just GIVE them your minerals & go to Vegas.

Permalink Reply by ALongview on July 21, 2011 at 15:45

What are you talking about GoRicky?  Serious question.