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Started By
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Anyone with knowledge of terryville field?
Posted on 9/2/15 at 3:46 pm
Posted on 9/2/15 at 3:46 pm
In Lincoln parish. Any insight would be appreciated. Thanks in advance
2
Posted on 9/2/15 at 4:04 pm to Powerman
Memorial Resource Development is drilling some monster LCV Hz wells in it. Wildhorse "discovered" it (the Hz play) and then flipped it to Memorial and MRD went public from there. They were both NGP funded and Wildhorse was rolled up into MRD which is an MLP.
This post was edited on 9/2/15 at 4:05 pm
Posted on 9/2/15 at 4:05 pm to Powerman
What info are you looking for?
Memorial has it pretty sewn up and they are still bringing in rigs. There are a few Patterson rigs getting cut at the moment but I believe they are being replaced with new build Nabors rigs.
Memorial hedged production back before the decline so they have been drilling the shite out of it and not looking back.
Concentration from Arcadia to Choudrant.
Linn Energy drilled a well just outside of town in Ruston. They are waiting for about 2 months of results to plan the next move.
Memorial has it pretty sewn up and they are still bringing in rigs. There are a few Patterson rigs getting cut at the moment but I believe they are being replaced with new build Nabors rigs.
Memorial hedged production back before the decline so they have been drilling the shite out of it and not looking back.
Concentration from Arcadia to Choudrant.
Linn Energy drilled a well just outside of town in Ruston. They are waiting for about 2 months of results to plan the next move.
Posted on 9/3/15 at 10:30 pm to Polar Pop
Imo Memorial is "gutting" those wells right now in an attempt to bring its stock price up. Those wells should have never been produced at those initial volumes.
Posted on 9/4/15 at 10:03 am to Me4Heisman
You are probably right. I am not too keen on the specifics of number details. I am just more in line with the rig count and movement.
BTW there is a Nabors rig moving in just North of Calhoun soon.
BTW there is a Nabors rig moving in just North of Calhoun soon.
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