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re: Oilfield rumors

Posted on 4/10/15 at 9:25 am to
Posted by GREENHEAD22
Member since Nov 2009
19674 posts
Posted on 4/10/15 at 9:25 am to
How much longer are they hedged for? Those contracts usually only last 6-8 months. They should be expiring soon. 10 is a lot of rigs for a small independent in this market, I'm guessing they are targeting shallow conventional plays?


It appears they are in the terryville, all gas with some condensate if I remember correctly.
This post was edited on 4/10/15 at 9:34 am
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12582 posts
Posted on 4/10/15 at 9:37 am to
cotton valley horizontals.
Posted by Strannix
District 11
Member since Dec 2012
49168 posts
Posted on 4/10/15 at 2:52 pm to
Memorial/Wildhorse are drinking deep LCVHorizontals in the old Terryville area and branching out, they're some of the best wells I've ever seen in North La, coming on at 30-40 million a day with 400bbls of liquids
This post was edited on 4/10/15 at 3:12 pm
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