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re: Austin Chalk Updates?
Posted on 6/12/19 at 7:41 am to TigerDog83
Posted on 6/12/19 at 7:41 am to TigerDog83
quote:
The first month released on sonris for the mckowen well is really poor, practically a producing dry hole.
The only production month on SONRIS is March 2019 (1,006 bbls) and that is a partial production month, prob only for a few days, as they flowed the well back from the frac in the middle of March 2019.
April 2019 will be very telling, assuming they produced it for a full month and didnt mess with the choke. I assume they need to do >20,000 bbl/month initially for it be economical, considering it performs similar to the Texas Austin Chalk, which is way more than 1,006 in March.
McKowen #1
This post was edited on 6/12/19 at 7:52 am
1
Posted on 6/12/19 at 8:56 am to hubertcumberdale
Completion was filed for March 8, so assuming that’s for most of March that’s an alarmingly low number for oil and especially for gas cleaning up after a frac. We will see but I’d be leaning towards this well isn’t very good.
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