Sounds like they will be here for a while.
SWN was rigging down and moving off the Walkerville location yesterday. It looks like it took them 24 days to drill this one.
Tony - or anybody else - do you know where Desoto 21 is headed next?
Bill, I don't know for sure but I suspect it will go to the Plum Creek site since SWN re-permitted the well last month.
http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_wellinfo2...
DeSoto 21 is being moved to Plum Creek off Oakland Bridge road. Desoto 20 was moved off this site to the Johnson site where it is stacked. They should start drilling at Plum Creek very soon.
From the Bastrop paper...
SEISMIC PRE-Work Meeting November 18, 2013, 6:00pm Oak Ridge Town Hall, Oak Ridge, LA WhitMar Exploration, through Dawson Geophysical, will be conducting seismic activities in Township 19 North, Range 7 East in Sections 20, 22, 27, 28, 29, 30, 31, 32, 33, 34 and Township 18 North, Range 7 East, Section 4, 6, all in Morehouse Parish, LA. All local officials and affected landowners are invited to attend. Contact Aaron OQuinn, WhitMar Exploration Co., 720-319-8498 or Autry Dawson, Dawson Geophysical, 432-230-6744 for additional information.
Here is Whiting's 3rd Q presentation. They don't mention the LSBD by name but say they have 600K acres in 3 new oil plays that they will talk about in the 4th Q. I assume that includes the LSBD. They have a new completion design that is very effective in breaking up the rock. Maybe it will work on the LSBD. Very exciting for the industry as a whole. BTW WLL stock up almost 9% today. I am sure Mr. Sanders is smiling. The presentation is an hour long but very interesting.
http://edge.media-server.com/m/p/oofu2u4g/lan/en
Thanks, Jon. 50-70% better IP and improved EURs, that is significant. And I think he said they plan to use the new design across all of their plays.
Here is the transcript. There is one more mention of the 3 new oil plays. It is at the very end of the Q&A. Sounds encouraging.
http://seekingalpha.com/article/1771732-whiting-petroleum-managemen...
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Posted by Char on May 29, 2025 at 14:42 — 4 Comments
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