Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on June 8, 2020 at 3:56

Julie, please consider starting a Legacy Reserves discussion in the Shelby County group when you have time.  Time to wake those members up, see who is still hanging around.  :-)

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Permalink Reply by Skip Peel - Mineral Consultant on June 8, 2020 at 2:40

Julie, have there been previous HA/BO wells drilled in proximity to the new Legacy Reserves' well?  If memory serves, only a portion of the county was perceived as perspective for economic shale in the past.  Do you think this may create some new leasing?

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Permalink Reply by Lessor on June 7, 2020 at 4:51

Hey, yeah I am hoping the rig count won't go negative on us like everything else LOL.  I will say I have been inundated with mineral buyer offers.  I cannot wait for these prices to turn around as the natgas market firms up.  It may be the only thing going in the patch for a while.  Thanks for the update.

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Permalink Reply by Rock Man on June 8, 2020 at 4:14

Here is info on the Legacy well / set surface casing in early June / Bason #105 rig (spudder unit?).

Legacy also is now listed as the operator for the offsetting 6100' (James Lime) well (42-419-30865). They have filed an "intent to P&A" form for this well. Assume they picked it up with their lease in this area.

Well Summary

API Number:
42-419-31815
State:
Texas
County:
Shelby
Survey:
WEEKS, W A-1031
Current Well Type:
Permitted Gas
Status:
drilling in progress
Current Lease Name:
USA COTHROM UNIT B

Operator (ph):
LEGACY RESERVES OPERATING LP
Well Number:
5H
Location:
TEXAS 87 FM 417 TRAVEL EAST FOR 1.3 MILES TAKE A RIGHT ON FM 2694 FOR 9 MILES YOU WILL COME TO A "T" TAKE A RIGHT ON TEXAS 139 FOR 2.5 MILES THEN TAKE RIGHT ON FM 2747 2.5 MILE LOCATION ON RIGHT.
Drilling Contractor:
BASON
Rig Number:
105
Company Man:
JACK HANEY
Phone:
432-894-5627

Event Listing

Event
Date
Depth
Casing
Size
Casing
Depth
TOC
Liner
Size
Liner
Top
BTMTBG
Cementer
Comments
Surface
06/02/2020 07:00

16
1,160.0




DOC
OH: 20 LEAD TYPE OF CEMENT: CLASS H LEAD NUMBER OF SACKS: 555 TAIL TYPE OF CEMENT: TYPE 1 TAIL NUMBER OF SACKS: 715 GAU PROTECTION DEPTH: 1025 SWR13 EXCEPTION: NO RE-ENTRY: NO
Event
Date
Depth
Casing
Size
Casing
Depth
TOC
Liner
Size
Liner
Top
BTMTBG
Spud
06/01/2020 00:00

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Permalink Reply by Lessor on June 8, 2020 at 4:20

According to plats filed withe RRC there are four pads with 8 northerly laterals (2 stacked ea) and four pads with 8 southerly laterals (2 stacked there too).  I have not ever seen this configuration around there.  Can someone please elaborate if they have information they can share.

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Permalink Reply by Rock Man on June 8, 2020 at 4:57

They don't even mention anything outside of their Permian Basin activities on their website

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Permalink Reply by Skip Peel - Mineral Consultant on June 8, 2020 at 5:04

Suggestion.  We seemed to have mixed the new Legacy Reserves Shelby County well in with this discussion of Aethon San Augustine County wells.  This will be a problem going forward.  I think we need to keep this thread focused on the Aethon wells as originated by Lessor and start a new discussion in the Shelby County group for the Legacy Reserves development activity. 

See this new thread in the Shelby County Group.  Please post Legacy Reserves info there.

https://gohaynesvilleshale.com/group/shelbycounty/forum/topics/lega...

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Permalink Reply by Lessor on June 8, 2020 at 5:12

Thanks Skip, I was trying to figure out just what transpired there!

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Permalink Reply by Skip Peel - Mineral Consultant on June 8, 2020 at 5:20

You're welcome.  It took me a minute to figure out that we had taken a wrong turn by conflating the two topics.  Happens some times.

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Permalink Reply by Lessor on June 8, 2020 at 5:10

Aethon has filed all the standard regular applications, permits, drilling reports, etc. at the RRC and show all drilled just no completion reports.  May be due to current industry woes or pipeline takeaway issues, or who knows?  Everyone is adjusting to what I call the "new abnormal".

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