Replies to This Discussion

Permalink Reply by Streetglide on July 16, 2009 at 8:31

Is this a horizontal shale well? Seems low.

Permalink Reply by NA on July 16, 2009 at 10:33

It is a horizontal.

True Vertical depth 11,476
Measured Depth 15,852

I assume they have this well choked back. Someone told me the IP was around 8,000 per day. Section 11, T11N, R15W is doing around 4,000 a day. I would suppose it will potential around 5,000 when Sonris updates. I dont think we will see massive HA wells coming out of this area however with a decent acreage position someone will see nice royalty checks.

If anyone one is wondering these wells are located in the Logansport Field. I would say between Mansfield and Logansport. This may add some weight to the HA area as depicted on the Encana HA map

Permalink Reply by Rod B. on July 16, 2009 at 12:48

Seems very low to me too.

Permalink Reply by NA on July 16, 2009 at 16:13

20 dollars a day? On the first well I figure they are making over 9k a day minus royalty payments. That is figured on 3 dollar gas. Which we all know Is far below what CHK is selling their gas for. Yes sorry these numbers are mcf. I suppose if it was in mmcfe/day it would be 5 mmcfe/day?

Permalink Reply by Streetglide on July 17, 2009 at 4:00

I'm obviously confused. Are we talking about 3000 mcf equivalent per day, which would mean 3 million per day?

Permalink Reply by NA on July 17, 2009 at 4:05

You are correct 3000 MCFE is the same as 3 million per day.

Permalink Reply by lanadan Ds3 on July 17, 2009 at 5:19

keenan,

you musta took your math classes at NSU's Maggio Lab. eh?

Permalink Reply by Streetglide on July 17, 2009 at 7:57

I did! Seems like I flunked 15 out of 17 hours while sipping a lot of IWC sweet vino with some other less than stellar math whizzes. Obviously, I didn't learn my oilfield terminology either! But maybe it's not too, late to learn to count a little royalty money.

Permalink Reply by Streetglide on July 17, 2009 at 7:59

Before HS, about the only gas terminology I knew about was the kind you take Malox for.

Permalink Reply by fox on July 17, 2009 at 14:07

Yeah Lanadan--but before NSU , He got a good education in math under John Rayburn.

Permalink Reply by lanadan Ds3 on July 18, 2009 at 22:07

Keenan,

What's the word -- THUNDERBIRD !
What's the price -- THIRTY, TWICE !

Too-o-o-o expensive for us NSU po'-boy down-an'-outers.

A half pint of Sweet Vino (with that wonderful "bouquet" of rotten raisins,) could be had for 20 cents chillled or 15 cents warm off the shelf ! I think you needed to have a clothes pin ready to put on your nose as a survival tool 'cause it DID smell raunchy !!

Permalink Reply by lanadan Ds3 on July 18, 2009 at 22:07

Keenan,

What's the word -- THUNDERBIRD !
What's the price -- THIRTY, TWICE !

Too-o-o-o expensive for us NSU po'-boy down-an'-outers.

A half pint of Sweet Vino (with that wonderful "bouquet" of rotten raisins,) could be had for 20 cents chillled or 15 cents warm off the shelf ! I think you needed to have a clothes pin ready to put on your nose as a survival tool 'cause it DID smell raunchy !!