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re: Tell me about the Tuscaloosa Marine Shale deposit in Louisiana.
Posted on 6/2/14 at 8:41 am to Champagne
Posted on 6/2/14 at 8:41 am to Champagne
quote:
"Goodrich Petroleum Corporation (NYSE: GDP) today announced the completion of its C.H. Lewis 30-19H-1 (81.4% WI) well in Amite County, Mississippi. The well has achieved a peak 24-hour average production rate to date of 1,450 barrels of oil equivalent ("BOE") per day, comprised of 1,387 barrels of oil and 377 Mcf of gas on a 16/64 inch choke from an approximate 6,600 foot lateral. The well landed in the Company's lower target and was completed with 26 frac stages.
LINK
GDP reported this well today.
1
Posted on 6/2/14 at 9:39 am to Bojangles
I don't know much at all about fracking, one question I do have, it how much water can they reclaim for what they use to frack? Reclaim in the sense that it can be cleaned for human consumption.
Posted on 6/2/14 at 9:43 am to SM6
quote:
how much water can they reclaim for what they use to frack?
None
Posted on 6/2/14 at 9:44 am to SM6
quote:Nada
how much water can they reclaim for what they use to frack?
Posted on 6/2/14 at 9:45 am to MillerMan
quote:
None
eh...I worked a project 2 years ago with a company that was working on a process to clean frack water
I was on site measuring parameters for them, and when the parameters came back at a certain reading, they all went crazy dancing around and pretend throwing money on each other
within 30 minutes, 4 helicopters had landed in a nearby field
it was crazy, not sure what happened with that though
Posted on 6/2/14 at 9:46 am to RGV AG
Waiting on initial test info for GDP's Beech Grove 94H #1 up around FelicianaTiger's neck of the woods.
Posted on 6/2/14 at 11:04 am to Champagne
I live in Central, have been paid $300 per acre (I have 3) for 5 years. It renews each year. A Fracking Rig just behind my property completed drilling a little over two years ago. It pays me on about half of the property I own. Royalties have paid me about 25K. Another Rig at the end of my road complteted drilling about a year ago. That one is not in my "pay range", but was still damn close to my house. Central is on the very southern border of the TMSD. 
Posted on 6/2/14 at 11:07 am to TreeDawg
Name of the producing well?
Posted on 6/2/14 at 11:09 am to ForeverLSU02
quote:
Name of the producing well?
Not sure, the rig is between Glenn Watts Rd. and Gurney Rd., my checks come from Hillcorp........
Posted on 6/2/14 at 11:26 am to TreeDawg
quote:
have been paid $300 per acre
What royalty interest did you agree to? 1/5th? 1/4?
Eta: In my area they were offering $200/acre and 1/5. Until they get to 1/4 I'm not interested in what the per acre bonus is...
This post was edited on 6/2/14 at 11:27 am
Posted on 6/2/14 at 11:43 am to TreeDawg
I monitor all of Hilcorp drilling in the gulf and northeast. I will get the well name for you
Posted on 6/2/14 at 11:46 am to Clyde Tipton
quote:
What royalty interest did you agree to? 1/5th? 1/4?
Bro, I really have no idea, would have to look at the contract at home.
FWIW, the rig produces both Oil and Gas.......
Posted on 6/2/14 at 12:24 pm to TreeDawg
any of this effect clinton louisiana? family has about 650 acres there i know we leased rights before but id sure the hell love for them to come do some actual drilling.
Posted on 6/2/14 at 12:25 pm to Salmon
Posted on 6/2/14 at 12:29 pm to gsvar2004
We have 100 acres just north of Clinton. They just released our land.
Posted on 6/19/14 at 11:15 am to ForeverLSU02
quote:
Waiting on initial test info for GDP's Beech Grove 94H #1 up around FelicianaTiger's neck of the woods.
Beachgrove shouldnt be long now and SLC will be fracing soon. Think results from wells will start coming in pretty regularly since they have more rigs and shorter drill times
Posted on 6/19/14 at 11:25 am to FelicianaTigerfan
Encana has had a few wells IP over 1,000 bbls/day. highest production rate was over 1,600 boe/day (94% oil). The major concern for the commerciality of the play remains in the drilling/completions ring. With the completions becoming more honed, drilling costs will cut with time and the play will work in a couple years. Every play has it's learning curves, this one is not any different than any others. Yes, the Eagle Ford and Bakken are better economically, but the TMS can easily be a tier 2 resource play.
Posted on 6/19/14 at 11:26 am to Paige
quote:
it's not being drilled due to gas prices
thanks Obama
amirite?
Posted on 6/19/14 at 11:31 am to Clyde Tipton
quote:
Eta: In my area they were offering $200/acre and 1/5. Until they get to 1/4 I'm not interested in what the per acre bonus is...
I had ran them off a couple years ago. $250 a ac, 1/5, for 5 years.
Posted on 6/19/14 at 12:24 pm to fishfighter
I would love for the TMS to take off, but I hope st francisville doesn't turn into some shitty boomtown. It's a really nice place.
I worked on a Devon drilling rig in the TMS for about 3 weeks. I remember it being a pretty difficult well to drill. Hopefully the operators will figure out how to cut the costs.
I worked on a Devon drilling rig in the TMS for about 3 weeks. I remember it being a pretty difficult well to drill. Hopefully the operators will figure out how to cut the costs.
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