The Franks 17 has come in at a dissappointing 2208MCFD 25bls 61G condensate 170bls water. Things aren't looking too bright on the northern end of the play. Flowing pressure of 1800#
If I remember correctly the Goldco IP'ed at 1 million vertical? If that is the case and a several thousand foot lateral only gets you 2-2.5X returns vertical might be the play on the northern end.
I just left the Hall#5 it doesn't have meter on it yet. But my contact at Matador told me all the wells will do well. I have seen the E & L Developmet Sit 5,000lbs. Matador Will start drilling again when gas goes to 6.5. But you are right about the vertical north of town. They Know something, they just paid me 4000acre. Not bad for north of town.
Joe are you saying the shut in casing pressure on the Hall 5 is 5000 psi? I was told by a reliable source that the Hall 5 had been making about 2+million cu ft/day. Is that what you've heard, Joe?