ADI - Adelphi Energy
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With respect no!
It means it is drilled at an angle in a particular direction. Horizontal wells go down and then along horizontally.
On a horizontal well, the survey map will show three positions. The surface position (SURF), the penetration point (PEN PT - the heel) and the bottom hole position (PBHL - the toe)
Kunde 2 permit is for a directional well, only two positions are marked SURF and PBHL, its not a horizontal.
The idea of a directional is to get the bottom hole position where you want it, when the well heads must be kept so far apart. the horizontal it designed to increase collection of gas or oil from thin layers where porosity or pressure is low.
FT
I think it is exciting...if this well cannot be produced concurrently from the same reservior as K-3...which is in the upper chalks...then they must be going for the bottom 2 zones. We know from SL1 that the lowest zone had the best shows and could well be liquid rich.
I'm hoping that the results from testing SL1 zone 3 has spurred on this decision!!! Just guessing but it could be great news for Sugarloaf. Time will tell, the ride is only going to get more interesting.
Hopefully news out soon regarding the bottom zones...lots of texas tea ;-) wouldnt that be nice.
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tomcat
The permit for the re-opened kunde #2 is for gas only - and its only 12800 feet deep - that's just to the bottom of the chalks (if I understand it correctly)
I think this one is for agentm to work out!
FT
The permit for the re-opened kunde #2 is for gas only - and its only 12800 feet deep - that's just to the bottom of the chalks (if I understand it correctly)
I think this one is for agentm to work out!
FT
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father..
your correct on all things,, as a good priest should be,,
i know the well is listed as gas only,, and thats based on the ratio of gas versus oil when its flowing,, and the chalks are mainly gas only, but remember xto have a few wells that are listed as oil producing from the chalks right now..
in my view the chalks are rich in gas under high pressure, and high in liquids, as pointed out by ARQ energy recently..
flintoff.. a well can be lost, and not produce, as kunde 2 has,, but this is a new drill, directional, with the toe being 12800 feet MD,, not actual depth.. the old well is not going to be used. if kunde 2 was not lost, so to speak, it would be a production well right now and this wouldnt be happening
each day the eme announcements come through with new news,, and the permits are coming through.. no more leases since that vital one TCEI got thre weeks ago a few miles south of Kunde wells... now the wells are firing up,, with kunde 3 laying prodcution casing, and kunde 2 going directional ,, and SL1 going to test phase,, and the patterson rig being called in for the kennedy 1H well on our leases...
so its a clear and visibible transition from leases going in week in week out for 12 months,, to permits going in and the scouting activity i get is now 100% well related,, not lease related!!
its absolute that we are in the beginings of well development here.. theres no guess work here,, SL1 testing last week signalled the patterson rig to comne on site,, its a pattern of precision timing.. i am extremely impressed..
IMHO i get the feeling the testing at SL1 is such that horizontals are being given the go ahead on the indication thus far.. i bodes well for excellent news on the horizon...
all IMHO and DYOR
your correct on all things,, as a good priest should be,,
i know the well is listed as gas only,, and thats based on the ratio of gas versus oil when its flowing,, and the chalks are mainly gas only, but remember xto have a few wells that are listed as oil producing from the chalks right now..
in my view the chalks are rich in gas under high pressure, and high in liquids, as pointed out by ARQ energy recently..
flintoff.. a well can be lost, and not produce, as kunde 2 has,, but this is a new drill, directional, with the toe being 12800 feet MD,, not actual depth.. the old well is not going to be used. if kunde 2 was not lost, so to speak, it would be a production well right now and this wouldnt be happening
each day the eme announcements come through with new news,, and the permits are coming through.. no more leases since that vital one TCEI got thre weeks ago a few miles south of Kunde wells... now the wells are firing up,, with kunde 3 laying prodcution casing, and kunde 2 going directional ,, and SL1 going to test phase,, and the patterson rig being called in for the kennedy 1H well on our leases...
so its a clear and visibible transition from leases going in week in week out for 12 months,, to permits going in and the scouting activity i get is now 100% well related,, not lease related!!
its absolute that we are in the beginings of well development here.. theres no guess work here,, SL1 testing last week signalled the patterson rig to comne on site,, its a pattern of precision timing.. i am extremely impressed..
IMHO i get the feeling the testing at SL1 is such that horizontals are being given the go ahead on the indication thus far.. i bodes well for excellent news on the horizon...
all IMHO and DYOR
Hey FT,
Zone 3 is the bottom of the chalks and a well can be listed as gas and still have liquids. Didn't mean to confuse you ;-) Agentm does explain things much better than i do.
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I agree, agentm does explain thinks well, but if you read some of the bb's that cover the sugarkane, there are a lot of people who only see what they want to see - not what is written.
First rule in any quest for the truth is:
Identify what you know, what you don't know - and what you think you know. - Then put all the 'what you think you know' into the 'what you don't know' catagory.
It's what you think you know that needs the greatest care, because if you make assumtions and then accept take them as fact - you quickly become very misled.
hence read the bb - then dyor
hold on for a very interesting few weeks (imho)
FT
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I'm trying to come up with a reason why we don't have an announcement yet... one possibility is that they are undertaking an extended well test ... which could be good news i.e. some gas is flowing tho' needn't mean it's commercial... if there was nothing i would have thought we'd have seen an announcement to that effect today advising they are moving onto the next zone.....? anyone got any views??
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its a good conclusion.. the longer the testing the longer the doubt that the zones isnt flowing tends to dissappear.. i think a dry zone is a dry zone,, you cant do anything if it doesnt flow and you generally dont hang around for a long time with it when you have very expensive testing equipment, crews and rigs..
i posted this on HC today,, it may help a little.. its made me decide to put the champagne in the fridge now.. i am of the belief that you wouldnt spend weeks on one zone of dry chalks.. so on that basis i am pretty bullish..
hello shares..
been on my mind also.. i emailed ADI today and asked re their announcement:
"As previously advised, there are up to three separate zones that will be fracced and tested sequentially as part of this program in Cretaceous aged carbonates of the Austin Chalk formation, with the deepest zone being tested first.
Further ASX announcements will be made as results from this test become available."
i took it that maybe all three may be tested then results of all three posted, so i asked for clarity..
I was given the specific answer that each zone will be tested individually, and then announcements made on the results of each zone as they finish each zone and move to the next..
hope it helps.. it sure made things clearer to me!!
i posted this on HC today,, it may help a little.. its made me decide to put the champagne in the fridge now.. i am of the belief that you wouldnt spend weeks on one zone of dry chalks.. so on that basis i am pretty bullish..
hello shares..
been on my mind also.. i emailed ADI today and asked re their announcement:
"As previously advised, there are up to three separate zones that will be fracced and tested sequentially as part of this program in Cretaceous aged carbonates of the Austin Chalk formation, with the deepest zone being tested first.
Further ASX announcements will be made as results from this test become available."
i took it that maybe all three may be tested then results of all three posted, so i asked for clarity..
I was given the specific answer that each zone will be tested individually, and then announcements made on the results of each zone as they finish each zone and move to the next..
hope it helps.. it sure made things clearer to me!!
From memory, earlier in the year when they tested the lower Hosston formation from when testing started about 7 days later they announced no luck with the first zone then a another 7 days annouced the next zone was also not commercial.
The fact that it has been almost a week is hopefully a positive in my book even though the Hosston also took 1 week. They did state "should any of the zones of interest produce hydrocarbons at commercial rates, it is likely that the zone would be placed on long term production test to assess reservoir performance." so I'm hoping that we don't get an announcement for another week. Unless we are advised that it is flowing like the clappers and they are doing further testing.
Crunch time.
The fact that it has been almost a week is hopefully a positive in my book even though the Hosston also took 1 week. They did state "should any of the zones of interest produce hydrocarbons at commercial rates, it is likely that the zone would be placed on long term production test to assess reservoir performance." so I'm hoping that we don't get an announcement for another week. Unless we are advised that it is flowing like the clappers and they are doing further testing.
Crunch time.
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14th Feb announced they began,, by the 21st they announced several zones were perforated and NOT fraced, no flow what so ever..
"The first part of the testing program over the lower Hosston interval has been completed by perforating several zones. As per the program design, these zones were not fracture stimulated and no flow of gas was recorded."
dont know why they never fraced the lower sands?? that part was never really explained clearly.. later we hear there was flow but not at commercial rates.. i wonder if the sands were fraced whether we would have had better flow?
in any case.. thank god they have decided to frac the chalks..
dont know why they never fraced the lower sands?? that part was never really explained clearly.. later we hear there was flow but not at commercial rates.. i wonder if the sands were fraced whether we would have had better flow?
in any case.. thank god they have decided to frac the chalks..
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back to leases..
now that they all seem to be done and dusted,, this is what 435 leases for the past 7 years over 200000 acres looks like.. not including atascosa which i cannot get lease data for.. but most of these leases have been signed in the past 1 -2 years.. and that leaves little time on a lot of leases before something has to happen on them... time is running short so things have to happen..
if you look at the adi presentation P13
http://www.adelphienergy.com.au/files/asx/ASX%20Release%205%20September%202007%20-%20Adelphi%20Investor%20Presentation%20September%202007.pdf
there is a definate area of interest that TCEI has been after for the past years. and its entirly sugarkane!!!
I look at our 20,000 acres as being part of the entire sugarkane field, and i look forward to seeing how many of the two lower zones may be equal or better than the proven zone 1 sugarkane play..
Now, they are starting to compare the sugarkane to top 20 producing fields like giddings, thats with only one zone proven. If you then consider the fact that our sugarkane is primarily dominated in the whole by a JVP that includes Conocophillips makes this one very interesting, the advantages i see is that with a cooperative jvp the sharing of data, the coordination of the development of the field makes for a very seemless operation, and adds to efficiency of a fast tracked coordinated development of the sugarkane and any other zones that may be equally as prospective..
fingers crossed here on the chalks being able to flow, not at commercial rates.. thats not important, as the verticals in chalks will never achieve commercial flows.. i just want them to be testing flows.. doesnt matter what rate, the flow itself will be good enough for me..
this may be the calm before the storm,, but the storm is potentially going to be astounding..
all IMHO and DYOR
now that they all seem to be done and dusted,, this is what 435 leases for the past 7 years over 200000 acres looks like.. not including atascosa which i cannot get lease data for.. but most of these leases have been signed in the past 1 -2 years.. and that leaves little time on a lot of leases before something has to happen on them... time is running short so things have to happen..
if you look at the adi presentation P13
http://www.adelphienergy.com.au/files/asx/ASX%20Release%205%20September%202007%20-%20Adelphi%20Investor%20Presentation%20September%202007.pdf
there is a definate area of interest that TCEI has been after for the past years. and its entirly sugarkane!!!
I look at our 20,000 acres as being part of the entire sugarkane field, and i look forward to seeing how many of the two lower zones may be equal or better than the proven zone 1 sugarkane play..
Now, they are starting to compare the sugarkane to top 20 producing fields like giddings, thats with only one zone proven. If you then consider the fact that our sugarkane is primarily dominated in the whole by a JVP that includes Conocophillips makes this one very interesting, the advantages i see is that with a cooperative jvp the sharing of data, the coordination of the development of the field makes for a very seemless operation, and adds to efficiency of a fast tracked coordinated development of the sugarkane and any other zones that may be equally as prospective..
fingers crossed here on the chalks being able to flow, not at commercial rates.. thats not important, as the verticals in chalks will never achieve commercial flows.. i just want them to be testing flows.. doesnt matter what rate, the flow itself will be good enough for me..
this may be the calm before the storm,, but the storm is potentially going to be astounding..
all IMHO and DYOR
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Thanks Agentm - it is great to get such interesting and encouraging information during this rather tense perion. Btw -where are we on that map?
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its the little red square just inside karnes county line..
TCEI has done brilliantly here, those leases are hard to negotiate when you have the likes of conocophillips doing 2d's and pioneer doing 2d's.
i see ADI and the jvp's have kept a complete news blackout here.. no one is selling so we cant assume any bad news.. and it seems are holding for the next announcement..
we are now entering the second week of flow testing on zone 3, that part i particularily like.. the longer they go on and do extended flow testing of the chalks in zone 3, the more i am convinced the Zone 3 has also got strong potential to be productive.
Whilst this blackout is on, the best way to check if things are going well is to rumage through the directors recyling bins and look for champagne bottles..
good luck to all holders
TCEI has done brilliantly here, those leases are hard to negotiate when you have the likes of conocophillips doing 2d's and pioneer doing 2d's.
i see ADI and the jvp's have kept a complete news blackout here.. no one is selling so we cant assume any bad news.. and it seems are holding for the next announcement..
we are now entering the second week of flow testing on zone 3, that part i particularily like.. the longer they go on and do extended flow testing of the chalks in zone 3, the more i am convinced the Zone 3 has also got strong potential to be productive.
Whilst this blackout is on, the best way to check if things are going well is to rumage through the directors recyling bins and look for champagne bottles..
good luck to all holders
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Thanks Agentm -Wow we really are in the thick of things there.
They had only done preparatory things like casing etc this time last week and were still waiting for the rig to come over - wasn't it going to take 3 days just to get there?
That means they've been actively testing since before the weekend one would think. Logical to think that if there is no flow then results would come out immediately -whereas flow would take time.
They had only done preparatory things like casing etc this time last week and were still waiting for the rig to come over - wasn't it going to take 3 days just to get there?
That means they've been actively testing since before the weekend one would think. Logical to think that if there is no flow then results would come out immediately -whereas flow would take time.
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not sure what you mean there..
the Patterson 30 rig is going to drill the kennedy 1h horizontal well 1.3 miles east of SL1.. that was mobilised last week i believe and should spud any day. They know i will know immediately when the K1H well spuds, so they will have to announce it before i get the scouting report.
The workover rig for SL1 was ready and waiting a while ago,, its been onsite and the testing of SL1 began a week ago, so 7 days of clear testing has been done already.
The preparations for the well, squeeze cement, were reported as being dome and completed a while ago, the well was simply waiting for the frac crew and equipment. There is a particular crew that TCEI obviously wanted.. they are now working on the well.
Its a substantial rig, the patterson 30 rig, and it should be ready to drill away now IMHO.
Now think about what they are doing at SL1, they are testing all three zones sequentially, that means test a zone, long term as they can, then once completed they will plug the well off and frac and flow test the next zone up.. these tests are critical to TCEI, conocophillips and to our JVP, its a very very important test, the well is closed (no leaks anywhere) and will be until the zone is fully tested and they have the full understandings they need, there is no hurry here, just specialised crews doing very very critical testing and flow reports..
once all three are done IMHO there is no way they are going to just let SL1 produce from the vertical,, its a test well as a vertical, and IMHO it will become a horizontal.. and i totally expect it to be next cab off the rank after kennedy 1H is finished.. and i totally expect the Patterson 30 rig will be the one they use for all the horizontals in our jvp acreages...
There could be 3 zones they want to drill horizontal into, these tests will be done, and IMHO they wont spud kennedy 1 H until they have tested all the zones and know what well will go for which zone.. I am absolutely convinced the decision to go ahead on whatever zones will be done with TCEI and in consultation with Conocophillips, and only after they fully know what all three zones are doing.
I think if there was a recompletion permit for SL1, it would come through just as soon as the well is finished testing, just as conocophillips has done at Kunde 2 now the Kunde 3 well is finished and is most likely on test.. Over in live oak I believe they would use the same rig, the nabors 775 rig for kunde 2 new drill.
this is the real deal here, the multi TCF potential is no fairy tale, its totally genuine from what i can see with the research i have done..
The JVP right now know what they have, its a great sign that all have adopted complete news blackout, and no leaks anywhere..
hope its not too confusing..
all IMHO and DYOR
the Patterson 30 rig is going to drill the kennedy 1h horizontal well 1.3 miles east of SL1.. that was mobilised last week i believe and should spud any day. They know i will know immediately when the K1H well spuds, so they will have to announce it before i get the scouting report.
The workover rig for SL1 was ready and waiting a while ago,, its been onsite and the testing of SL1 began a week ago, so 7 days of clear testing has been done already.
The preparations for the well, squeeze cement, were reported as being dome and completed a while ago, the well was simply waiting for the frac crew and equipment. There is a particular crew that TCEI obviously wanted.. they are now working on the well.
Its a substantial rig, the patterson 30 rig, and it should be ready to drill away now IMHO.
Now think about what they are doing at SL1, they are testing all three zones sequentially, that means test a zone, long term as they can, then once completed they will plug the well off and frac and flow test the next zone up.. these tests are critical to TCEI, conocophillips and to our JVP, its a very very important test, the well is closed (no leaks anywhere) and will be until the zone is fully tested and they have the full understandings they need, there is no hurry here, just specialised crews doing very very critical testing and flow reports..
once all three are done IMHO there is no way they are going to just let SL1 produce from the vertical,, its a test well as a vertical, and IMHO it will become a horizontal.. and i totally expect it to be next cab off the rank after kennedy 1H is finished.. and i totally expect the Patterson 30 rig will be the one they use for all the horizontals in our jvp acreages...
There could be 3 zones they want to drill horizontal into, these tests will be done, and IMHO they wont spud kennedy 1 H until they have tested all the zones and know what well will go for which zone.. I am absolutely convinced the decision to go ahead on whatever zones will be done with TCEI and in consultation with Conocophillips, and only after they fully know what all three zones are doing.
I think if there was a recompletion permit for SL1, it would come through just as soon as the well is finished testing, just as conocophillips has done at Kunde 2 now the Kunde 3 well is finished and is most likely on test.. Over in live oak I believe they would use the same rig, the nabors 775 rig for kunde 2 new drill.
this is the real deal here, the multi TCF potential is no fairy tale, its totally genuine from what i can see with the research i have done..
The JVP right now know what they have, its a great sign that all have adopted complete news blackout, and no leaks anywhere..
hope its not too confusing..
all IMHO and DYOR
Agentm, can you clarify one thing.
You say:
... the kennedy 1h horizontal well 1.3 miles east of SL1.. that was mobilised last week i believe and should spud any day ...
...IMHO they wont spud kennedy 1 H until they have tested all the zones and know what well will go for which zone.. I am absolutely convinced the decision to go ahead on whatever zones will be done with TCEI and in consultation with Conocophillips, and only after they fully know what all three zones are doing...
How can Kennedy-1H spud in the next few days if they will not spud until after until they have tested all the zones?
Given that an announcement will be made on a zone by zone basis and zone 1 has not been announced yet how can all three zones be tested in the next few days before Kennedy-1H spuds?
Could an alernative scenario would be to spud Kennedy-1H and when near to 12000ft (4 weeks) amend the permit?
But surely a long term test is many weeks of not months?
You say:
... the kennedy 1h horizontal well 1.3 miles east of SL1.. that was mobilised last week i believe and should spud any day ...
...IMHO they wont spud kennedy 1 H until they have tested all the zones and know what well will go for which zone.. I am absolutely convinced the decision to go ahead on whatever zones will be done with TCEI and in consultation with Conocophillips, and only after they fully know what all three zones are doing...
How can Kennedy-1H spud in the next few days if they will not spud until after until they have tested all the zones?
Given that an announcement will be made on a zone by zone basis and zone 1 has not been announced yet how can all three zones be tested in the next few days before Kennedy-1H spuds?
Could an alernative scenario would be to spud Kennedy-1H and when near to 12000ft (4 weeks) amend the permit?
But surely a long term test is many weeks of not months?
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your right.. its possible the kennedy well will spud in my view if the zone 3 looks good,, they have the option of amending it at any stage..
if the zone 3 is not any good i expect they will test all three zones and decide..
its down to how good the lower zones are.
if they spud that kennedy well its a sure sign they are confident, 100% confident of success..
remember the kennedy well is not a wildcat, its listed as "SUGARKANE (CRETACEOUS) Primary Field "
if the zone 3 is not any good i expect they will test all three zones and decide..
its down to how good the lower zones are.
if they spud that kennedy well its a sure sign they are confident, 100% confident of success..
remember the kennedy well is not a wildcat, its listed as "SUGARKANE (CRETACEOUS) Primary Field "
If you go back and check you will find some weeks with many more than seven in a week. Dedication is right. The posts all help in the understanding ofADI and Sugarloaf and keep us informed and up to date. It is a pity ADI don't keep us as up to date. I am sure they have to check this thread to find out the latest for themselves
