Replies to This Discussion

Oil & Gas ProPermalink Reply by Les Bamburg on February 27, 2012 at 10:17

Obed, "significant" production can have two different meanings.  One is a level of production that provides enough incentive to proceed with additional evaluation of the formation with vertical and/or horizontal tests.  A second meaning is the production is sufficient to justify economic development with vertical wells.  The former is more likely than the later. 

Permalink Reply by jed baker on March 9, 2012 at 5:25

Has anyone been past the drill site recently? Has the fracking been completed? Does anyone know any more info about whats going on? Thanks in advance fellow shalers.

landownerPermalink Reply by Marc Stepman on March 9, 2012 at 5:33

Does fracking in LSBD take longer than Haynesville shale?  Seems like a dumb question but I figure I can't be the only one wondering about this.    EXXON's shareholder meeting used to  around this time of year.  I wonder if they would make any comments about this at the meeting? 

landownerPermalink Reply by james e. melton, jr. on March 19, 2012 at 13:57

Passed by on Hwy 2 today and could still see blue fracking trailers lined up at the pad.  Does anybody have an idea what is going on?

Oil & Gas ProPermalink Reply by Bradley McWilliams on March 20, 2012 at 2:40

Just a guess, but...  Is XTO/Exxon drilling another well nearby?  I believe this location is not near any existing oil and gas drilling and production to speak of.  If they are drilling a nearby well, they may simply be holding the tanks on the first location waiting for the second.  It would be cheaper to pay a couple of weeks rent than to pay for hauling them back home and then back out to location.

Oil & Gas ProPermalink Reply by Land Rat on April 10, 2012 at 5:01

Any news on this puppy?

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on April 10, 2012 at 5:14

Since the XTO EXXON MOBIL  #1 was re-permitted to a vertical well on 1/24/12 it is basically Waiting On Completion, if indeed the operator chooses to do so.  It was drilled to Total Depth 12/8/11.

Oil & Gas ProPermalink Reply by The_Baron on April 11, 2012 at 3:14

The well has been fracked.

 

They probally repermitted to insure this well would serve to interupt prescription, as a well must be drilled to the permitted depth to count.

landownerPermalink Reply by james e. melton, jr. on May 7, 2012 at 6:07

Driving by on Hwy 2 today and notced the frac trailers are still parked there.  Didn't pay too much attention until 2 hours later when I came back through and noticed a big tank.  decided to drive down the road closer and discovered it was a big tank truck.  I figured they drilled the well to hold leases in that area but now I wonder.  I understand that there has been a good bit of leasing just east of there across Beouf River.  Wonder if the Baron or Skip has any ideas.

Oil & Gas ProPermalink Reply by Steve on May 7, 2012 at 7:02

Where's the Beouf?

landownerPermalink Reply by james e. melton, jr. on May 7, 2012 at 7:54

1 TO 2 MILES DUE EAST OF THE SITE.

Oil & Gas ProPermalink Reply by The_Baron on May 7, 2012 at 8:42

Its exxon Fee acerage, they don't have to hold any leases, just interupt prescription.

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