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Permalink Reply by Bill Dailey on February 27, 2012 at 5:50pm Page 13, specifically.
Permalink Reply by obed w odom on February 27, 2012 at 5:12pm Well, at least this production is in the ballpark where Mueller had said earlier he thought they could, by tweaking, make the well economic. I take it that all of the water being produced is frac water, as he said earlier they had not seen any formation water.
Permalink Reply by Skip Peel- Independent Landman on February 27, 2012 at 5:16pm A short lateral and production from 8 of 11 stages sounds like plenty of room for improvement. As I have stated previously I think the next two wells will be more representative of LSBD potential.
Skip, i agree, it's going to take some more wells to see if this play is going to work out. SWN had to report something today like they said they were going to. What they reported was more of a "wet blanket" in my opinon than it was "lighter fluid". Like you said, lots of room for improvment with how they completed the well also. Its going to be a long summer waiting to see if they can improve results enough to make the brown dense a money maker or just a bad bet.
Permalink Reply by Chester Fairfield on February 28, 2012 at 9:06am About what I expected after what Mueller said... I think they will make it work but it will have much smaller "sweet spots" that you will need to be in to be productive.
Permalink Reply by North LA on February 27, 2012 at 5:23pm "the water being produced is frac water"
I assume since the press release says 45% injected returned. Doesn't the well usually start to produce a little better after all of the frac fluid returns?
Permalink Reply by Mike McNeill on February 27, 2012 at 5:45pm Initial report from magnoliareporter.com
http://www.magnoliareporter.com/news_and_business/local_business/ar...
Permalink Reply by DrWAVeSport Cd1 on February 27, 2012 at 6:35pm MMcNeil,
Thanks for the LSBD info. Have Lots of Kinfolks/Family in Union Parish, LA.
Good Luck.
Permalink Reply by The_Baron on February 28, 2012 at 9:55am wow.
four year payout asuming $100 oil and no decline. If these wells decline like other resource plays they better do much better.
Permalink Reply by L Davis on February 28, 2012 at 11:23am
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