"They c hose the acreage based on wells that have been drilled to the BD previously with shows and/or production and cores. Farming out gets you a smaller % so they were willing to take the risk for a larger %.
"I listened to the BD portion of it. Nothing new. They are waiting on 120-180 day production for decline curve. The bigger question is.. even if they can get it economic in this high pressure zone, how large of an…"
"I'm guessing you are using IHS for your data(Petra is a seperate product). It's my understanding that for single wells that are part of a unit, IHS allocates these to the wells by using a formula they have and using data from the…"
"IMO 4500 is too shallow for the pettit in that section. I just took a quick glance but it appears to me they are going after the same oil producing formation the topy creek field just to the south of there produces from. Although that…"
"Skip: Sonris lite has been doing that a lot lately. I've noticed it on over 10 wells in the last few months. I'm not sure if its something official they are doing(only posting gas for gas well or oil for oil wells in…"
Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 13,000 members.
Because our network has grown word-of-mouth, I want to encourage you to invite your friends and family by clicking here.
There are a couple things you should check out. 1) Check out current discussions. 2) Join in on the County and Parish Groups. By joining a County or Parish, you are networking locally with people who share similar concerns.
Be sure to read up on how to navigate the site HERE. This will help you get the most out of the site.
As a member, should you ever be on the recieving end of crudeness, rudeness or spam, let me know. The site is a peered monitored site and we need your assistance.
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