Replies to This Discussion

Permalink Reply by John Parker on April 1, 2013 at 3:54

ShaleGeo:

Thanks, that is good info. However, I will note that the well is the Spinks in Pike County, which is significantly updip of the currently perceived sweet spot and completely outside of the current industry standard 5 Ohm TMS High Resistivity Facies and Isostructure.

Jarvie is spot on with the analysis of this well which agrees with exactly what other Geoscientists published early in the development of the play. It is out of the juice so to speak. I suspect he was showing the class, where not to go.

Keeping the cracks open is always a challenge for all shale wells and time will tell how it goes with the TMS.  However, cheesy 1970 really weak frac jobs on the pioneer TMS wells continued to flow for many years so there is definitely verifiable hope based on that subject.

Thanks John

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Permalink Reply by Steve on April 1, 2013 at 3:03

Apparently their has been some disagreement among the experts about the total organic content in the TMS, otherwise no drilling would be going on. Either Dan Jarvie has  changed his mind about the TMS's TOC since 2011, or, as their chief geochemist, we will soon be seeing EOG leave the TMS. Right? The higher resistivity reading areas should indicate the highest TOC in those areas. Why would EOG continue to drill and lease in the lower resistivity areas and in the outskirts of the high resistivity area with a chief geochemist who believes that the TMS in general has too little oil(low TOC) to be commercial?

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Permalink Reply by Joe Aldridge on April 1, 2013 at 3:15

Steve and John,

Do either of you think that Jarvie's publishing a comment like that about the TOC is part of the "play" to keep the lease prices low?

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Permalink Reply by John Parker on April 1, 2013 at 3:20

Steve:

Spot on. You hit the nail on the head.

Thanks John

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Permalink Reply by Keith on April 6, 2013 at 2:43

I hope your right!

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Permalink Reply by Joe Aldridge on April 1, 2013 at 1:35

John,

Its nice to see an "Arm Chair un-degreed Geologist " on GHS. I am in awe of your technical knowledge of the TMS. Its interesting to see the depth of your independent study and knowledge. Thanks for posting.

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Permalink Reply by John Parker on April 1, 2013 at 4:05

Joe:

I doubt back then Jarvie had conspired with EOG to suppress the TMS.  Additionally, after looking at ShaleGeo’s Jarvie document is easy to see that Jarvie’s conclusions on the well were perfectly in line with what everyone else also knows.

However, yes EOG is very skilled at the stealth game and it naturally behooves them to do any and all that they can do to keep lease/acquisition costs down. Just as long as they do not stoop to the level that Aubrey McClendon did in his heyday.

Thanks very much for the complement Joe. I have worked very hard to gain the knowledge I have but it never stops. Luckily for me and many others there are very talented people out there that have dedicated their lives to figuring all of this out and then making the information available for lay people such as myself to become much better educated ourselves.

Thanks John

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Permalink Reply by Joe Aldridge on April 1, 2013 at 2:49

Hi DC,

TOC has one of two meanings: (1) Top of Cement or (2) Total Organic Carbon. In this context I would assume  it means the second.

I could not post directly to your post. GHS is not allowing that at this time.

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Permalink Reply by 1kw6x71km1v37 on April 1, 2013 at 5:14

EOG bought a position in the TMS and the Cline Shale in W. Texas. The Cline is looking better,  and EOG is doing some window dressing on the TMS leasehold to enhance sale saleability prior to hauling a$$.

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Permalink Reply by Rock Man on April 1, 2013 at 5:18

EOG also just did a deal with ZaZa for Eagle Bine play east of Bryan / College Station in Texas. And are doiing major drilling and development in the Wolfcamp Shale in Permian Basin.

I see their bringing Jarvie on board as resident geochemist a major move to allow them to technically maximize the results of all their geochemical data that has been and will be acquired across their entire portfolio.

Plus potentially set the stage for new project areas based on work that Jarvie et al will generate.

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Permalink Reply by david crocket on April 1, 2013 at 6:23

The people in central Louisiana and western Mississippi hope that Mr. Jarvie makes the TMS one of his new pet projects.

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Permalink Reply by Rock Man on April 1, 2013 at 6:40

I will guarantee that Dr. Jarvie has seen a lot of TMS related data over the years dating back to his geochem lab days at Humble Geochemcial. Now will be be able to access all of EOG's data (and EOG is very good at "looking at the rock" and getting everything that is necessary to evaluate a play like tihis).

Time will tell but watching EOG's actions is a good path to follow.

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