Thanks DBOB -- Well we finally know that the rumor about Parden leasing to Cabot is TRUE after 2 years of waiting so it looks like Cabot, Devon, EOG, XTO/Exxon (Big Boys) are in Houston County
I pulled the W-1s - they haven't permitted anything else in Houston County within the last several years. This location is just north of SH 21, and east of the trinity. I think we can safely put the play width at 35+ miles, although someone mentioned to me that it may only be profitable across a fraction of that area.
One would think that with Horizontal fractured shale wells that the trend would be more blanket like rather than just having a few sweet spots that trapped hydrocarbons
Can this be linked to the Woodbine / Buda? What are they targeting?
The target listed is the Georgetown - Its part of the same play but they seem to be targeting a lower interval, perhaps due to vertical Pugh clauses... or maybe something about the geology that they suspect for that area.
Ive been working in the Crockett / Madisonville area the last six months and its hot over there.. most of the horizonals kick off @ 6000-7000ft decent oil wells but low bottom hole pressure they complete them with GLV .. Treadstone is drilling straight holes Perforating everything from 6000-11500 most of them start out @ 600-900 BBLs of oil a day..
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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