Replies to This Discussion

Permalink Reply by jffree1 on September 1, 2012 at 7:11

They are presently drilling in San Augustine on the R. Griffin Gas Unit #2H. We shall see... 

Permalink Reply by ALongview on September 5, 2012 at 7:33

 I don't know why they would leave when the wells just keep getting better and better.

 

Production Reports

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		Pending Query Results   Showing:  1 -  5 of  5 results   View PR Image Filing Operator: DEVON ENERGY PRODUCTION CO, L.P. (216378) Medium: Online District: 06     Type: Original RRC Identifier: 727958     Received: 09/04/2012 Gas Well #: 2H Field Name Lease Name Gas Well No. CARTHAGE (HAYNESVILLE SHALE) HALBERT TRUST 2H 2H Oil/Condensate (whole barrels) Gas/Casinghead Gas - MCF Prod Month Commingle Permit No. On Hand Beginning of Month Production Disposition On Hand End of Month Formation Production Disposition Volume Code Volume Code 03/2012 N/A 19,625 18,915 01 710 87,645 3,248 01             84,397 02     View PR Image Filing Operator: DEVON ENERGY PRODUCTION CO, L.P. (216378) Medium: Online District: 06     Type: Original RRC Identifier: 727958     Received: 09/04/2012 Gas Well #: 2H Field Name Lease Name Gas Well No. CARTHAGE (HAYNESVILLE SHALE) HALBERT TRUST 2H 2H Oil/Condensate (whole barrels) Gas/Casinghead Gas - MCF Prod Month Commingle Permit No. On Hand Beginning of Month Production Disposition On Hand End of Month Formation Production Disposition Volume Code Volume Code 04/2012 710 9,788 9,948 01 550 56,816 3,367 01             53,449 02     View PR Image Filing Operator: DEVON ENERGY PRODUCTION CO, L.P. (216378) Medium: Online District: 06     Type: Original RRC Identifier: 727958     Received: 09/04/2012 Gas Well #: 2H Field Name Lease Name Gas Well No. CARTHAGE (HAYNESVILLE SHALE) HALBERT TRUST 2H 2H Oil/Condensate (whole barrels) Gas/Casinghead Gas - MCF Prod Month Commingle Permit No. On Hand Beginning of Month Production Disposition On Hand End of Month Formation Production Disposition Volume Code Volume Code 05/2012 550 7,032 6,935 01 647 49,446 3,649 01             45,797 02     View PR Image Filing Operator: DEVON ENERGY PRODUCTION CO, L.P. (216378) Medium: EDI District: 06     Type: Original RRC Identifier: 727958     Received: 07/31/2012 Gas Well #: 2H Field Name Lease Name Gas Well No. CARTHAGE (HAYNESVILLE SHALE) HALBERT TRUST 2H 2H Oil/Condensate (whole barrels) Gas/Casinghead Gas - MCF Prod Month Commingle Permit No. On Hand Beginning of Month Production Disposition On Hand End of Month Formation Production Disposition Volume Code Volume Code 06/2012 647 5,122 5,357 01 412 46,065 3,570 01             42,495 02     View PR Image Filing Operator: DEVON ENERGY PRODUCTION CO, L.P. (216378) Medium: EDI District: 06     Type: Original RRC Identifier: 727958     Received: 09/04/2012 Gas Well #: 2H Field Name Lease Name Gas Well No. CARTHAGE (HAYNESVILLE SHALE) HALBERT TRUST 2H 2H Oil/Condensate (whole barrels) Gas/Casinghead Gas - MCF Prod Month Commingle Permit No. On Hand Beginning of Month Production Disposition On Hand End of Month Formation Production Disposition Volume Code Volume Code 07/2012 412 4,563 4,312 01 663 43,358 3,650 01             39,708 02

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Permalink Reply by Benn Bundy on September 5, 2012 at 8:23

From what I've heard, they are also closing their Carthage office. Two contractors I know of from there have had all their work canceled.  What little I know about the O & G business, and it's very little, there is easier/cheaper oil to be had in South Texas and northern Oklahoma.  I have one more source to check with, a neighbor who works for Devon, before I become officially despondent.  I hope I'm not spreading false rumors. 

Permalink Reply by ALongview on September 5, 2012 at 12:15

It could be that someone is footing the bill for drilling elsewhere and they can come back and get the oil later?  They have 2-3 years on most of their recent leases so they certainly have time.  Are they drilling for oil or wet gas in South Texas? 

Permalink Reply by jffree1 on September 5, 2012 at 12:48

Devon has been hunting liquids for two years now.

Permalink Reply by ALongview on September 5, 2012 at 12:50

jffree, what is your opinion?  Just have time to come back later?

Permalink Reply by Benedumtreesoilwell on September 6, 2012 at 4:17

Units are still being created. 

Permalink Reply by jffree1 on September 6, 2012 at 11:04

I don't have one yet.  Devon closing an office in Panola Co. doesn't tell me they are pulling out of SA or Sabine... and companies drop contractors all the time. 

If they do leave, they have three years to come back and drill.  

Permalink Reply by Andrew on September 6, 2012 at 10:53

Companies do change their minds occasionally, but I would be surprised if Devon abruptly pulled the plug on what appeared to be a fairly active leasing campaign in these counties.