From what I gather, its a spec. shoot.
Sounds good to me. I just hope it extends to the Southern area of the play. I've been in touch with someone that's interested in the area but the first thing they want is 3-D seismic."
"The thing that concerns me is these companies want 6 month options to lease included in the permit. The people I've heard from are quoting considerable less than $50. At $50 an acre I might do that. But anything less I would have a problem with."
"Hey Joe.I am working in Texas on a 300 sq.mile seismic test.It will take about a year to complete.Word here is that there is a test coming up in the TMS that will be bigger.I think the drillers are using old seismic data that is 2D.When a company…"
"Hey JHH. There is no fair price.In some parts of Texas they don't pay anything.In other parts that are in production they pay $50/acre. Don't expect a lot in the TMS because it is new territory. Remember that the company that does the test…"
"SWN is a very good company. I am sure they did their regional evaluation before picking up what they felt was the best area to make an unconventional Brown Dense play.
Brown Dense is a dirty limestone not really a shale play. Eagle Ford basal…"
"Hey Edmund, Nice to see someone local joining GHS. Is this seismic, you refer to, local in our area or is it more to the North toward the heart of the TMS? I have not understood how these companies, that are active, in the TMS are…"
Saw your post. Good to see someone local on GHS. Do you have info about our area? Looking forward to seeing someone interested in doing some leasing. Are you aware that someone has leased 15,000 to 20,000 acres North of Deerford…"
"Very interesting. Thanks for the insight. Do most companies get tunnel vision on new projects? Take SWN for example, will they only look at the LSBD on the land they have leased or will they take this opportunity to look at all potential targets? I…"
"Take the Eagle Ford as an example. Map the Yield regionally using just the old verticals.
Convert mud weight to pressure. Look at Austin Chalk API gravities of old verticals.
Map the thickness of Lower Eagle Ford, check mud logs and vitrinite…"
"It is part of being a pure exploration geologist not just a "bolt on" geo. How else are new plays found? The interest in the Brown Dense is it's known characteristics as an important source rock. Once it was shown that "it…"
I know you were in the business. Do oil and gas companies extensively study old wells before proceding with any exploration?
I was just wondering because SWN has some interesting wells on land they have already leased. Here are a few such as a…"
"Wow, very interesting video and complex! When the fracking is complete, does this mean that it will be a productive well? I really appreciate you taking the time to tell me all this. Very fascinating stuff! Many thanks, Judy Smith"
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More