barrow shaver has almost all of the south west part of cass co.leased
they have permitted a 12.000 ft wee about 3 miles s w of linden.
drill site is compleated
Anadarko is drilling as we speak chasing horizontal Bossier oil play in this area. Stroud also doing the same closer to the state line.
Oil? Or Wet Gas (condensate/NGLs)?
Appears to be oil based on historical vertical test results plus the limited horizontal results to date by Pegasi and Stroud.
But definitely has some associated gas that is pretty rich Btu wise
Thanks. I'll have to look for some completion reports and review the gravity.
Stroud Arkla Blackstone #1H: 42.7 degree gravity- 10212' TVD.
Pegasi Morse Unit #1H: >40 degree gravity.
Good gravity on both at those TVDs.
First time to post - I've received lease offer for $150/nma for 3 year and then 2 year extension with 1/5 royalty from plg. We've countered back at $500/nma and 1/4 royalty. Our minerals are in the Lucas Isom A-560. Any knowledge of other offers north of Avinger? Thanks - I've followed this forum for a few months, and it is very helpful.