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re: Austin Chalk Updates?
Posted on 6/28/19 at 2:11 pm to hubertcumberdale
Posted on 6/28/19 at 2:11 pm to hubertcumberdale
quote:
Yeah, even if they flowed it for two weeks that is not very encouraging. I do not see water on the monthly production, so hopefully they were still flowing back frac water for most of March 2019. Will be very interesting to see April.
I hate to be negative here but the April production just got posted, and it made a total of ..........8 barrels for the month of April. Looks like they shut the well in. I think this well is definitely a producing dry hole. Austin Chalk play in South La is on life support.
This post was edited on 6/28/19 at 2:12 pm
Posted on 6/28/19 at 2:24 pm to TigerDog83
Never understood the hype around the chalk in Louisiana. Australis Oil & Gas is teamed up with someone, definitely not Goodrich. Their VP of Drilling said they’re just playing around on the Haynesville.
Posted on 7/1/19 at 10:41 pm to TigerDog83
Why does it feel like eog is pushing forward with stuff in Austin chalk? I have received 8 letters in the last month with another hearing over at the lasalle building later this month. Admittedly I don’t know much about this, which is rare I usually know enough about things to be dangerous. I know they had problems with the McKowen well south of me, but I thought the 1 just west was producing with 2 others to the east planned or being drilled. Open to any info I can get.
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