Replies to This Discussion

Permalink Reply by Ginger Fife on July 26, 2012 at 8:55

Any more up to date information on this play?

 

Permalink Reply by Skip Peel - Mineral Consultant on July 26, 2012 at 9:19

I believe the Chevron USA Inc 7H has been completed.  Since it's the first serious attempt at a production well I don't expect Petro-Chem to be in any rush to report it.  They will likely delay the release of any completion data as long as possible.

Permalink Reply by Skip Peel - Mineral Consultant on August 2, 2012 at 3:18

The well was completed prior to July 16.

Perforate; Frac, 2000' - 5400' @ 100' intervals, flow back

http://ucmwww.dnr.state.la.us/ucmsearch/UCMRedir.aspx?url=http%3a%2...

Permalink Reply by Scott Deupree on January 6, 2013 at 16:31

Is there any requirement by DNR requiring company to report well results within a stipulated time frame?

Permalink Reply by Skip Peel - Mineral Consultant on January 6, 2013 at 16:34

Yes, but it's not hard and fast and gets circumvented on a semi-regular basis.  In regard to this well, it was completed and announced in December.

12/18/2012

10

5409

COMPLETED 12/01/12; ANNONA CHALK; OIL; 25 BOPD; 1086 BWD; 35 GVTY; OPEN CHOKE; PERFS 3301-5290' MD

Permalink Reply by Skip Peel - Mineral Consultant on January 8, 2013 at 11:30

Petro-Chem has permitted another Annona Chalk horizontal well.

245862

FULLER 26 H

001

P289

2152

09

00

026

22N

15W

01/07/2013

17017353800000

 

PRMT DATE	SPUD DATE	STAT DATE	ST CD
01/07/2013		01/07/2013	01

WELL SURFACE COORDINATES

Surface Longitude	Surface Latitude	Lambert X	Lambert Y	Ground Elevation	Zone	Datum
93-52-47.231	32-52-32.642	1576338	806287	229.4	N	NAD-27

WELL SURFACE COORDINATES GENERATED BY DNR

UTMX 83	UTMY 83	LONGITUDE 83	LATITUDE 83
417680.84706	3637869.54498	-93.87996755	32.87587335

BOTTOM HOLE COORD

EFFECTIVE DATE	END DATE	PLUGBACK TOTAL DEPTH	TRUE VERTICAL DEPTH	MEASURED DEPTH	LAT DEG	LAT MIN	LAT SEC	LONG DEG	LONG MIN	LONG SEC	COORDINATE SOURCE	LAMBERT X	LAMBERT Y	ZONE	COORDINATE SYSTEM
01/07/2013			1650	4838	32	52	30.78	93	53	43.91	02	1571502	806161	N	01

WELL HISTORY

SERIAL	WELL NAME	WELL NUM	ORG ID	FIELD	ST CD	PT	WELL CLASS	EFF DATE	END DATE	STAT DATE
245862	FULLER 26 H	001	P289	2152	01	00		01/07/2013		01/07/2013

SCOUT INFO

REPORT DATE	WELL STATUS	MEASURED DEPTH	TRUE VERT DEPTH	DETAIL
01/07/2013	01	4838		500' FNL & 200' FEL OF SEC 26. PBHL: 655' FNL & 250' FWL OF SEC 26.

 

Permalink Reply by Skip Peel - Mineral Consultant on October 27, 2013 at 2:59

245862	FULLER 26 H					001
10/22/2013		10	5431		COMPLETED 9/27/13; OIL; ANNONA CHALK; 44 BOPD; OPEN CHOKE; 40 GVTY; PERF 2940-5376' MD

 

http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_wellinfo2...

Permalink Reply by treeman on October 27, 2013 at 15:31

Skip and others, do you think this completion will warrant further development?

Thanks, treeman 

Permalink Reply by Skip Peel - Mineral Consultant on October 27, 2013 at 15:45

Too early to tell, treeman.  We need to watch how the production changes over time.  Since the well IP'ed on an open choke it will likely go on artificial lift soon if it's not already.  It will have to be long lived to recover the well cost if 44 BOPD is the best 24 hour production.

Permalink Reply by Jody Robertson on January 8, 2013 at 15:24

Skip, I have been contacted by "AX (or some darivative of) Energy out of S.W. La wanting to lease my acreage in S32-TS19-R15W. He wanted to lease for $400 acre and 20% for 5 years. I told him I knew of a recent leasing for $500 acre. I told him I wasn't interested in those figures because they were too low.. He asked what I wanted.I told him fair market value.  He asked if 22% was adequate. Ultimately he stated if we couldn't come to a figure then I would be forced pooled. I told him I was iterested if the figures were right. My property is just South of UOP and to North of Blanchard-Latex Rd, Can you give some insight. I am definitely not interested in being taken advantage of again and conveyed that fact.

Permalink Reply by Skip Peel - Mineral Consultant on January 8, 2013 at 16:05

Jody, I would refuse to even negotiate with a "landman" that threatened force pooling if I did not accept his/her offer.  It's beyond unprofessional and makes me suspicious of AX Energy.  The preponderance of leasing in your area is associated with the Anadarko Haynesville Liquids prospect where the base lease value is $500 per net mineral acre and a 22.5% (9/40ths.)  I would like to see landowners in that area get those lease terms and a standard vertical and horizontal Pugh clause as a minimum.  The unprofessional conduct of the AX landman leads me to believe that they are representing a speculator who is looking to get ahead of the land companies leasing for Anadarko so they can resell their leases for the difference in the bonus amount and royalty.

Use this link: http://reports.dnr.state.la.us/reports/rwservlet?SRMN9031B_p

Input the sale date, August 8, 2012 and hit the query button.  This will give you the results of that month's state mineral auction which includes a number of bid tracts in your area.  Charleston Energy, Tacoma Energy and Strata Acquisitions all are representing Anadarko in this auction.  And they all have the same bids:  $538 acre and a 22.5% royalty.  Make a copy of this and use it on any landman that shows up at your door.  I suggest you ignore AX and wait to see if one of the land companies working for Anadarko come calling (HEP Energy, Tacoma Energy or Strata Acquisitions).

Permalink Reply by Jody Robertson on January 9, 2013 at 14:54

Skip

Thanks for the feedback. Another phone call from this guy showed HPS Oil & Gas Production on the caller I.D. Just an FYI notation. It illustrated the area code for S.W. La (337).

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