Replies to This Discussion

Permalink Reply by obed w odom on September 12, 2013 at 8:09

Tony, I thought this was the most positive assessment I have heard from Mueller concerning the BD. His exact quote is: "We're continuing to get closer, so you're not going to see us give up on this one." I was also surprised to hear him say that the BML would reach payout if it was a 13-million-dollar well. He said the Weiser-Brown well will probably have an EUR of 300,000 barrels and will be very economic.

Permalink Reply by tony allen on September 12, 2013 at 8:44

I agree Obed.

Permalink Reply by AMA on September 12, 2013 at 8:48

What is EUR?

Permalink Reply by obed w odom on September 12, 2013 at 10:04

Eventual ultimate recovery; i.e., total production during the lifetime of the well.

Permalink Reply by AMA on September 12, 2013 at 10:11

Very impressive!  Thank you, sounds really good.  Perhaps they will renew leases in that vicinity when it comes time.

Permalink Reply by tony allen on September 12, 2013 at 10:20

That exceeds what Bubba estimated and he sure knows what he is talking about. $30 million gross. Very impressive is right!

 

Permalink Reply by AMA on September 12, 2013 at 8:28

Did they mention the Sharp Well?

Permalink Reply by tony allen on September 12, 2013 at 8:34

Yes, Mueller said they have fracked it in 4 different stages and would give results in the next quarter call. He also said they had finished the Dean alt H well and would give results at that time.

Permalink Reply by AMA on September 12, 2013 at 8:45

Thanks Tony.  It's like pulling teeth trying to find out something and I never can get Sonris to work!

Permalink Reply by tony allen on September 12, 2013 at 9:34

Your welcome, AMA. You wouldn't find out anything from Sonris. They just show future utility. Here is the text version of the presentation.

http://seekingalpha.com/article/1691152-southwestern-energys-manage...

Permalink Reply by Paul Peterson on September 12, 2013 at 10:03

Tony, I was not able to read the transcript yet but when I listened I thought he said they had completed 1 stage of fracking on the Dean alt H well and were planning on starting back with the frack job in late October? Just curious to the delay in the frack job. I am just glad to hear him say they are going to try and start the frack over on this well.

Permalink Reply by tony allen on September 12, 2013 at 10:17

Paul, you are right. I did not hear it right. I don't know why they are taking so long to finish the frack. Sorry about the misinterpretation. 

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