It is my understanding that Encana plans to simultaneously frack these two wells.
Is anyone aware of whether this simultaneous fracking has been attempted anywhere else (Eagle Ford/Haynesville) in the past?
Or, is this a first time thing?
An estimation of the decline rates for the Tuscaloosa wells can be obtained by looking at the type curves on page 17 of the current Goodrich presentation. These curves are for the Eagle Ford, but should give a reasonable indication until more production history is available for the Tuscaloosa.
I checked that out last night.
Yeah, I heard the same thing. I also heard they weren't able to take out the plugs on the last 2 or 3 stages for 17.
Encana is apparently taking the approach to choke back the production in the hope that this extends the productive life. Their wells have come in at much higher rates than Devon, but the production hasn't stayed up there like they would have hoped.
Maybe the Anderson wells will demonstrate they have figured things out.
Is the 2119 psi flowing casing pressure considered a high pressure ? IMO it is, but I would like to hear from someone who really knows . Also, what are the reasons for choking back to a 15/54 choke? I assume to protect the frack job may be one. Anyone know or care to speculate?
Encana stock up strong today on more than normal volume, Investor presentatin on June 21, TMS will most likely be discussed in detail, hopefully one or more joint venture deals will be announced. I see the call option trading is picking up.
There was also a report released today that worldwide consumption of natural gas is expected to increase significantly over the next few years, which should have contributed to the positive movement in the stock.
I see the TMS Blog is going to restart, hopefully just in time to comment on any potential announcements next week. I beleive ECA has an investor day next Thursday, the stock continues to fight the down drafts in spite of a weak market, lets see what next week holds. Hopefully we find out that one of the four "horsemen" inks a big deal with ECA regarding TMS and other properties. Stay tuned, I'm sure there is more to come.
I noticed that a Fluid (FDSI) crew is back in the area around Amite and Wilkinson County - this could be a sign that new pad sites may be coming soon.
Any news on decline rates on the HH or other wells? What is the status of the Murphy 63?
Any news on the current production rates and surface pressures on the Anderson wells beyond what Goodrich announced a while back for the 17H ?
Encana has an analyst day on June 21 and Goodrich thinks that Encana will report 30/60/90 day production rates and that these rates will impress the street.
It is my understanding that they will now be selling the gas from the Anderson wells. Does anyone know how much natural gas is producing each day?
IAC~The Mississippi Oil & Gas Board is not showing any production numbers posted for the Anderson 17H. However, suprisingly May's production for Anderson 18 H was posted and it was completed after the 17H. See attached file that I copied from their website. Long story short ~13 days of production in May. 11,699 BO or 900BOPD average. Hope this helps somewhat answer your question. The gas production is in the file. Doesn't look like a whole lot of gas though.
Yesterday I found the Anderson 17H1 May production on the Mississippi State Oil and Gas Board reporting site.