For those of you in or near the Goodwin Community in western SA Co. you might find this interesting. I focused on a 5 mile radius from the intersection of FM1277 & FM1196. There are a minimum of 28 wells permitted as of 6/4/11. Ten of the wells have initial production reports filed w/ RRC. There are 4 O&G's active in distinct areas. They are Encana, EOG, Exco, & XTO. The average IP for the 10 wells is 19.2. Not bad for an area that used to get $50 p/acre bonus money for leases just a few years ago.
Eighteen wells have yet to report initial production. We'll learn a lot over the next year about our area. I will continue tracking information as it's released.
I've attached a map that shows where the 4 companies are active at this time. I hope you find this useful.
Tags:
Not yet. The Nabors 206 rig went to LaSalle Parish two weeks ago and we have no rigs drilling in SA right now.
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