Eagles Ranch 14H #1

Anyone local to the Avoyelles area hearing anything about the Eagles Ranch Well? It appears that they recently finished drilling well and should be moving frac crews on location soon.

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Permalink Reply by Skip Peel - Mineral Consultant on January 19, 2018 at 5:28

Eagles Ranch 14 H #1 is now the unit well for AUS C RB SUB.  All mineral interest included within that unit boundary will share in the production of the well and any future wells drilled in the unit.  I've highlighted the border in pink to help you identify whether your mineral are included.  There are portions of Sections 14, 24, 38, 25, 26 & 27 in the unit.

AUS%20C%20RB%20SUB%3BEAGLES%20RANCH%2014H%20%231.jpg

Permalink Reply by Cindy Mcdade on January 19, 2018 at 7:35

Thank you Skip!

Permalink Reply by Skip Peel - Mineral Consultant on January 19, 2018 at 7:36

You're welcome, Cindy.

Permalink Reply by David Crockett on January 23, 2018 at 7:22

I had a question on production on this well. When will the November production be posted?  

Permalink Reply by Skip Peel - Mineral Consultant on January 23, 2018 at 8:50

Probably mid-February.

Permalink Reply by David Crockett on January 29, 2018 at 11:49

Just saw the November production for Eagles Ranch.  Hope that it was offline some during the month  Not too good at copying but here it is:

11/01/2017 052025 1 622 14192 15394 14436 378 AVOYELLES
10/01/2017 052025 1 453 27609 29029 27440 622 AVOYELLES
09/01/2017 052025 1 0 26896 24024 26443 453 AVOYELLES

Permalink Reply by Cindy Mcdade on January 31, 2018 at 5:18

David, is the 14192 BBL per day or is this a monthly total?  Thanks.

Permalink Reply by Cindy Mcdade on January 31, 2018 at 7:58

Thanks Jay.

Permalink Reply by David Crockett on January 23, 2018 at 9:00

Thank you

Permalink Reply by Skip Peel - Mineral Consultant on January 31, 2018 at 8:06

473 barrels per day.

Permalink Reply by David Crockett on January 31, 2018 at 8:19

At $60 per barrel it paid out $4,121,820 through November 30. Over a million a month

Permalink Reply by Skip Peel - Mineral Consultant on January 31, 2018 at 8:22

David, did you deduct for royalty to lessors?  Or for Lease Operating Expenses?  I suspect that you are stating gross revenue based on the total barrels and a presumed $60/barrel price.

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