I'd suggest going to the AUT website and looking at page 7 of the 8 March presentation. That will provide the details of the other O&G companies drilling in the region and there will be a wealth of information on their websites.
Mir also posted on HC:
"here's a bit more i just remembered & may help explain why GMP think the reserves will increase.
they are drilling the bottom of the eagleford because you only hold the rights through production to the leases above the well. the frac's are going out more in a horizontal fashion than vertical as the shale has sections in it (see the core sample on page 31 of the presentation).the oil being recovered is probably coming from the lower E/F only.
in time they could start twinning the wells, one in the chalks & one in the E/F directly in line just at different depths. another company is already staggering the depths of the wells to get closer spacings."
But he didn't get his head bitten off on that board.
Anybody who has followed this project, whether through AUT, EKA, the demised ADI or UK AIM listed EME, will know that the Austin Chalk overlays the Eagle Ford Shale in the AMI and that there is a transition zone between them. They would also know that Weston was drilled by TCEI in the Chalk, as was Kowalik 1, which was completed with slotted liner to tap the natural fractures.
Anybody who has followed EME, which had a participation in CoP's Live Oak project, will know that Marlene Olsen was drilled vertically and test fractured in both the chalk and the shale to see how they flowed together from the same well. Information may have been available to Hilcorp at the time that it was assessing the farm in in 2009.
Mir also posted on HC:
"here's a bit more i just remembered & may help explain why GMP think the reserves will increase.
they are drilling the bottom of the eagleford because you only hold the rights through production to the leases above the well. the frac's are going out more in a horizontal fashion than vertical as the shale has sections in it (see the core sample on page 31 of the presentation).the oil being recovered is probably coming from the lower E/F only.
in time they could start twinning the wells, one in the chalks & one in the E/F directly in line just at different depths. another company is already staggering the depths of the wells to get closer spacings."
But he didn't get his head bitten off on that board.
Anybody who has followed this project, whether through AUT, EKA, the demised ADI or UK AIM listed EME, will know that the Austin Chalk overlays the Eagle Ford Shale in the AMI and that there is a transition zone between them. They would also know that Weston was drilled by TCEI in the Chalk, as was Kowalik 1, which was completed with slotted liner to tap the natural fractures.
Anybody who has followed EME, which had a participation in CoP's Live Oak project, will know that Marlene Olsen was drilled vertically and test fractured in both the chalk and the shale to see how they flowed together from the same well. Information may have been available to Hilcorp at the time that it was assessing the farm in in 2009.
