Replies to This Discussion

Permalink Reply by Eric Polansky on December 10, 2014 at 23:56

Good mornin all, would anyone happen to know what the current status is ? Thank you

Permalink Reply by obed w odom on December 5, 2014 at 17:37

The report of 12/5/14 shows that the rig has moved off the site of the Seward-Gandy, but we don't know yet what they found. Has anyone in the area heard any rumors?

Permalink Reply by Cuazy on December 6, 2014 at 2:46

No rumors here. I hope to hear something soon on this and the wildhorse Harmon 3-34 hc.

Permalink Reply by Eric Polansky on December 11, 2014 at 15:28

Thank you for the response, I hope everyone's havin a great Christmas season so far ..

Permalink Reply by Cuazy on March 1, 2015 at 7:10

Anyone have news on Seward Gandy?

Permalink Reply by obed w odom on March 1, 2015 at 10:10

No, the rig apparently moved off location around the end of November, and there has been no report on the SONRIS state database since then.

Permalink Reply by Cuazy on March 1, 2015 at 11:41

Thank you for the reply. Would the lack of activity since November indicate poor results from the well? Seems a bit unusual. Any thoughts?

Permalink Reply by obed w odom on March 1, 2015 at 14:44

I'm not an expert on this, but I don't think it's too uncommon for them to wait awhile after reaching total depth before trying to complete a well. They may be trying to decide the best way to go about it.

Permalink Reply by Eric Polansky on March 2, 2015 at 0:52

Could it be possible they are just waiting for the prices to go back up? After all they packed up and moved rigs quite unnexpectedly;and other company's are still leasing in the area,the geological tests must be showing something interesting ? (I'm no expert,just learning)

Permalink Reply by Eric Polansky on March 7, 2015 at 4:00

Good morning, so it seems companies are looking more towards the Cottonvalley instead of the browndense .. So I read the announcement yesterday that Grenadier energy bought out Whiting,this is good news for us that have leased with Grenadier, but the question still remains: does anybody realy know how strong the Cottonvalley is in Claiborne parish? Any comments are welcome and thank you in Advance

Permalink Reply by Eric Polansky on March 7, 2015 at 7:05

Also does anyone know if and when a company buys out another,does/can new company pick up in already drilled hole and work from there extending any direction?

Permalink Reply by Skip Peel - Mineral Consultant on March 7, 2015 at 18:10

It's highly likely, given the financial difficulties facing Whiting, that they sold to Grenadier at a bargain basement price.  We'll have to track Grenadier leasing to see what part of the Whiting leasehold is of interest to them.  The Brown Dense was thought to be an unconventional reservoir - generally productive over a wide, continuous area.  The Cotton Valley Sands are conventional reservoirs and therefore are intermittently productive within limited areas.  Where the Cotton Valley has low permeability it can be a candidate for horizontal drilling.  Most of the historic production from Cotton Valley members is in areas of good permeability where vertical wells are the most economic.  Horizontal wells can be drilled in any direction but generally speaking are not.  This is because the natural fracture system dictates the axis of the horizontal wellbore.  Whiting's Lower Smackover wells are still listed under their name so Grenadier has not filed to be the new operator.  Those existing wellbores may not be in  areas that Grenadier finds most prospective for the Cotton Valley.

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