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Rumors to that effect have been around now for three or four days.  Still waiting for some further detail as the initial scout report I got stated that the "updip" portion of the trend was being abandoned.  Haven't heard anything else other than the Soterra being plugged and abandoned.

Can you give brief description of where 'updip' portion of play is vs 'downdip' (if that is the correct term??) portion in regards to the AC in Louisiana?

thanks

Visit Tuscaloosablog site , excellent maps there thanks to Kirk! 

Tuscaloosatrend.blogspot

COP must have observed some very negative info in their well to plug the pilot hole / and after reading the SONRIS report, this is not a temporary abandonment - this is a "final" P&A.

What could they have seen? Very poor reservoir (little to no P&P) is my guess.

I bet Kirk will comment on this eventually.

Thanks guys

Rock I went back and look at activity and planned activity by both COP and EOG, would it be fair to say that they put a heavy emphasis on the updip? If it true that they are not finding what they hoped for in the updip what does that mean for the downdip? Do we need to wait to see what happens with Petroquest planned downdip activity?

Results updip do not tie to theoretical results downdip - bad news in one does not necessarily kill the other. But any info anyway is incorporated into the operator's evaluation matrix.

Downdip area is different depositonally as well as post deposition as to temperature and thermal maturity story. Presence of organics also an issue. And the biggie (in my opinion) is the impact of all this on the creation and preservation of reservoir P&P.

And as per my mantra, "Time will tell!"

Have to think that there is something positive here to support Equinor getting into this play as a partner.

Hopefully so guys!   Time will tell.   I know there was also some recent changes in % interest assigned on some of the BLM leased land near me too.

thanks for posting Bob,  very interesting article. Just wondering if the 25% sale included all Southwind leases.  We are in Evangeline parish, is there any way your research came across all parties involved?  Haven't heard of Equinor before but if RM is positive about it I'm all in....  thx HC

Equinor is the new name for Statoil.  Norwegian oil major.

Thx skip, hope they bring expertise to the drilling of the AC as Marathon/Southwind has lots of acreage to look at in the next 18 months to secure leases.  We are patient waiting on 3D results and analysis mid 2020. 

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