Has Devon given up on the TMS?

It wouldn't seem so, since there is new activity at the Lane 64 well. Since that is their "science well," I have to assume that they will be trying new techniques. I admit I know very little about the science, but I am hopeful that all of the operators experience success in the TMS. Everyone has been patient thus far, and it looks like we all need to be a little more paitent while the operators figure out how to economically produce oil from this formation.

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Permalink Reply by Thomas Maglone on February 28, 2013 at 11:06

what is going on at the lane 64 site.

Permalink Reply by Joe Aldridge on February 28, 2013 at 11:40

Thomas,

They were trying to go back into the well and make an Austin Chalk well. That is the last I heard. Nothing has been posted on Sonris since that post back in January. Is there any activity on the site?

1kw6x71km1v37Permalink Reply by 1kw6x71km1v37 on March 1, 2013 at 15:22
Devon is headed to the hydrocarbon rich Cline Shale formation in the Permian Basin, where the going could be better than the TMS.

http://amarillo.com/news/2012-12-06/pay-dirt-west-texas-oil-boom-ch...

http://blog.newsok.com/energy/2012/08/01/devon-announces-1-4b-joint...
Permalink Reply by Craig Wascom on March 5, 2013 at 6:36

The activity here in the Cline Shale is mind blowing. Nothing like this has ever been seen here even in previous booms. The action has picked up dramaticly in the last 90 days and we are hearing that this is just a warm up for the 4th quarter of 2013. Devon seems to be a major player.

Permalink Reply by Wheel Man on March 1, 2013 at 15:45
Have they had any luck selling their leases?

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