Replies to This Discussion

Permalink Reply by North LA on September 12, 2012 at 8:06

According to SONRIS, the total depth has been reached and they are setting 5 1/2 casing at around 16,000ft.

Permalink Reply by Sarah Randolph on September 12, 2012 at 8:19

I heard that DeSoto Rig #20 will move to Bayou De Loutre site when finished at Doles.  Also heard that as of last weekend DeSoto 21 still on the ground at Dean.  Drove near the North Mt. Olive field near Spearsville and new flagging up since my last trip (think surveying).  I just came from Union Parish and all of the oil field activity creates so many jobs; I sure hope SWN is successful.  Lots of people pulling for them, including me. 

Permalink Reply by B Kenner on September 13, 2012 at 4:45

Doles is making preps to frac from what I was told last night.  Good luck SWN.

Permalink Reply by G Meaux on October 6, 2012 at 14:29

10\4\2012 Scout Info-9/8/12, STATUS 31, INACTIVE DRY HOLE FUT. UTIL. STATUS DATE: 9/8/12.-http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_wellinfo2...

Permalink Reply by Barbara Keene on October 6, 2012 at 16:28

What does that mean?

Permalink Reply by G Meaux on October 7, 2012 at 3:38

I don't know. I was hoping someone else would have an answer.

Permalink Reply by Skip Peel - Mineral Consultant on October 7, 2012 at 3:46

I was hoping for some guidance from SWN at the recent energy conference.  For those looking for an optimistic reason for the Status 31 wells keep in mind that SWN can only flow these wells for short periods without a pipeline.  A pipeline to connect the wells to sales is a significant capital investment.  Until SWN makes some public statement which clarifies their BD plans look for evidence of pipeline rights-of-way leasing and construction.  SWN owns their own pipeline subsidiary and considering their investment in 500,000+ acres of leases there should be plenty of activity underway now. Those members who live in the area can always stop by the courthouse and examine the Clerk of Court's daybook.

Permalink Reply by G Meaux on October 7, 2012 at 4:00

I was in the area last week and it looks to me like they are already laying a pipeline from the BML to the Doles

Permalink Reply by Sarah Randolph on October 7, 2012 at 4:06

Also refer back to Brown Dense Rumors discussions.  Last Thursday Jeff Boler posted a possible theory about the Dean well with the same status and that there might be tax advantages to this classification.  SWN has an upcoming webcast for the 3rd qtr stmts. on Nov. 2nd.   

Permalink Reply by G Meaux on October 7, 2012 at 13:25

I read the comment on the Johnson and the Dean vertical wells but was surprised about the Doles horizontal.

Permalink Reply by Skip Peel - Mineral Consultant on October 7, 2012 at 4:09

That would allow testing of both wells without flow restrictions.  The BML PROP is still listed as waiting on pipeline as opposed to Status 31.  We may have to wait for the pipeline connection and then the flow tests before SWN makes any significant public comment.. 

Permalink Reply by B Kenner on October 8, 2012 at 5:29

Skip, please explain what a Status 31 is.   They are in full force builing the pipelines from BML and appears to be going to the Doles.  I understand they have 11 + miles of pipeline to tie in to the main line for sales.  I understand they should be producing by the end of 2012.  Feedback to Status 31 please.

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