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ADI - Adelphi Energy

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Where is everybody. We might get an update tomorrow. Trying to remember to breathe!

I wonder if we'll have a run like inp (and then some). I hope so.
 
Evangeline said:
Where is everybody. We might get an update tomorrow. Trying to remember to breathe!

I wonder if we'll have a run like inp (and then some). I hope so.
Click to expand...

Agent M must have gone on (school) holidays as he/she is pretty much the owner of this thread LOLOLol
 
Hopefully todays update will tell us repairs to the rig are complete and fracing has recommenced!
Then we will expect an announcement on flow results within a week!
 
Lucky_Country said:
Hopefully todays update will tell us repairs to the rig are complete and fracing has recommenced!
Then we will expect an announcement on flow results within a week!
Click to expand...


Lets hope we do get an update today :)

It is a year since Couchies site was doctored and the evidence of the famous page moved to a secret place. But not a bit of it disproved.


just to remind us.

Sugarloaf – Hosston – 1st phase a success

We have drilled the well to 14,480’ and logged the upper sections.

Well was trying to flow back gas during the logging operations.


The Austin Chalk zone from 11,925’ to 12,200’ looks very oil productive. The log results may set us up to drill over 100 wells in offsetting lease (26,000 acres) to just produce the oil from that zone. The porosity is just about double from what is normally found NE of our well location. Some folks have successfully produced with as low as 3% porosity. We have 9 to 12% porosity.


The Edwards is from 12,275’ to 14,000’ looks tight or too dense to produce.


The Sligo formation begans about 14,500’


The Hosston (Objective) begans at 17,000’ Planned total depth is 21,000’.


This morning they are running 9 5/8” casing to 14,480’
 
enjoying the sun and surf right now..

the mid weekly seems to be missing. which says to me there is a plan afoot.

adi annouced

"Further ASX announcements will be made as results from this test become available"

there is nothing to announce on Kennedy 1H.. its on the way to 11500 feet.

so now more than ever, no news is good news.. if there were further rig issues or any issues the news would be done as a midweekly..

interestingly there is no movement out of the share...

enjoy the calm before the storm..
 
any one thinking the same way right now..

the well has been cleaned up last week.. so TCEI must be testing something..

be nice to hear the news at some stage.

i am still convinced the chalks are the real deal here.. looking forward to any news releases
 
Will be interesting too see what readings we get from SL as it will not be the real deal as it is a vertical well.
Kenned #1 should really let the cat outta the bag!
 
Guys,
Appreciate a bit of assistance here... The flow rates per month published for the Kunde well in the posts above .... 6758 ... is this 6758 thousand of cfg/month ..

If so, it's essentially 6.7 million cfg/month which is about 0.2 million cfgpd ie. less than any of the producing EME Margarita shallow wells ...

This been the case, surely all the excitement is miss-placed given that it's a deep and very expensive well ...

Appreciate a steer for those of you who had a better education than I, or, didn't always sit in the back of the maths class !!

Cheers
Dums
 
Flow testing only days away Kennedy #1 going very smoothly hold onto your hats.
Seems like repairs have only just been completed so we could have a series of good news flow results from all 3 zones followed closely by Kennedy #1 testing.
 
While we are waiting on sugarloaf etc, why has there been no move in activity from the participants in new taiton, they cannot be still in discussions as to the next step after all this time. Lets stir this up a bit.
 
NT is shut in. nothing will happen there, i watch index oils announcements and all mention of NT is limited. AZZ went from announcing it as commercial, and announcing it in their future reserves, to declaring it shut in and making no mention currently.

Empyrean Energy PLC

("Empyrean" or the "Company"; Ticker: (EME))

Sugarloaf Block A, Texas USA
----------------------------

* Third well in the new 16 well deal with Texas Crude Energy Inc ("TCEI")
has commenced drilling.

Empyrean has been advised by Texas Crude Energy Inc. that the TCEI JV Block A #2 well, the third well to be drilled as part of the recently announced 16 well deal has spudded on Block A.

As at 2pm (Texas time) on 4 October, the operator had made good drilling
progress and was drilling ahead at 7,555 feet.



the kunde 2 well must have commenced drilling almost as soon as the approval went through on the 19th sept..



SUGARLOAF OPERATIONS UPDATE
Kennedy #1H
Adelphi Energy Limited advises that at 6am Texas time on 4 October, 2007 the Kennedy #1H exploration well, located in the onshore Gulf Coast Basin in Texas, USA was drilling ahead at a depth of 9,975’ (3,041 metres). The proposed total depth for this well is 17,570 feet Measured Depth.



keneny 1H started drilling on the 17th Sept and is 2200 feet, and slightly ahead of the Kunde 2 well.



so the timing is impressive here, as we turn and go horizontal, with kennedy 1H, conocophillips will be at TD and preparing the well for the use in participating in the testing and fracing of Kunde 3. and as that is going on, our well will be drilling 5000 feet horizontally then laying casing,, IMHO by the time the workover rig and crew is set up on the kennedy 1H well, the frac and tesing of Kunde 3 horizontal could be well on the way if not completed.

Our well would then directly benifit as its duplicatin the kunde 3 horizontal in it drilling direction in the chalks, and we can therefor take it for granted the understandings TCEI gains from the kunde 3 well in the fraq can be directly translated and utilized on the Kennedy 1H 5000 foot well.

conocophillips have and extensive team of chalks specialists, and they will no doubt continue to work in live oak and karnes soley with the view to prove up the chalks into a world class field, the testing at kunde 3 is very critical, and been taken deadly seriously. look at it this way,, if they absolutely stuff up the kunde 3 frac and tests, there is a 5000 foot horizontal that we have that can be used to try different techniques on.. but somehow i think they have a pretty good idea at conocophillips on what they want to do and how they want to frac these chalks!

i am certain TCEI has no doubts on the sugarkane in our acreages, its evident by their current strategy to drill a horizontal into the chalks without even having flow tested it at sugarloaf 1, that the data from all the 11 wells so far is more than sufficient for them to drill the sugarkane without any flow testing results from SL1. We are not privy to all the data from all 11 wells like of conocophillips and the TCEI outfit has, they dont take massive risks on a 5000 foot horizontal on a guess, you just dont do that!!

the essential and most critical event now is the frac testing on Kunde 3.. all other operations are a sideshow.

TCEI JV Block A-I Well
Empyrean notes recent media coverage of the announcement made on 27 September2007 and whishes to confirm that the operations to be carried out as part of the testing and fracture stimulation of the TCEI JV Block A-I well should not be interpreted as a necessity but rather they are an appropriate use of the best modern day technology available in the industry and will enable the operator to have better information in order to establish best practice for the development and completion of the wells in this project. Empyrean believes that this is a positive development and an appropriate use of the technology available


what more can you say!!!!!


IMHO is the Kunde 3 and kennedy 1H tests are completed, the sugarloaf 1 well would have done some fairly extensive flow testing and some attention would be made on that well towards testing the middle zone 2 and / either / or going as a horizontal into the as yet unnamed zone 3 (not hard to guess what they will call it though!!)

in the mean while we will get over the next weeks some flow results on zone 3 and then of course with kennedy1H the usual shows, 60 foot flares and indications of liquids, and although these reports will be seen by some exciting announcements, its still going to slip past the keeper to the majority that regardless of what happens, the conocophillips and TCEI jvp is rock solid here, and has already gone a long way into the developing and proving up a world class multi tcf play..


the current sp is a steal, the potential for the chalks to be fraced successfully by conocophilips is very very high, i dont think they would be considering a horizontal test, and nor would tcei, unless they had some notion of what they needed to do to get these chalks to flow at a world class rate. you cant compare these chalks to the regular austin chalks plays, these chalks are different are unique,, thats why conocophillips are there!!

very exciting days ahead..

all imho and dyor
 
Whilst it is pleasing to note that our agent is monitoring the situation at NT, this does not address my main concern. There are many reasons for shutting in a well, eg. to allow for pressure build up, awaiting special equipment or crews, legal or industrial disputes, demands by regulatory authorities, but none of these are announced as being the case here. So what is the Reason ???? The lower level of this well seems to be a writeoff as the gas is presumed to have escaped up the fault or into a porous zone nearby. The upper level is still not tested as far as I am aware. Also we have a second prospect in our acreage. Has this been downgraded because it is along the same fault and therefore likely to be in the same situation as to the lower level or is it in a different setting? This is what I am concerned about, I can fully understand how the sugarcane area has to be under the most secretive and information control, by why is information not forthcoming at NT?
 
there is plenty of time for you to ring adi or email them if you need clarity on NT. i have looked at AZZ and index oil and all jvp's and notice they all have declared the well shut in, subject to the operator coming back with a quote to finish off the upper zone.. NT is being monitored by me, but all investors should do their own research.. after all its your money that your investing there..

my focus has been on Sugaloaf and kennedy 1H and the kunde wells along with the primary wells 3 miles away that discovered the play in the late 70's early 80's..
 
i have posted this up before.. have a re read if your not familiar with whats been said in the ADI presentation.. its not conventional chalks that we have, and our SL1 well is identical to the kunde 1 well..

the key seems to be the matrix porosity, which in our chalks appears to be very different to conventional chalks like giddings and pearsall



Major Upside!"Sugarkane"
Regional Play

Production, well log analysis and seismic has defined a trap in the Austin Chalk Total trap area ~ 200,000 acres

Major companies hold a significant proportion of the balance of the trap area


Austin Chalk has produced 5TCF and 700MMBO from vertically fractured chalk in Giddings and Pearsall fields​


1930 –1970 vertical wells, mostly no stimulation​



1970 –1990 complete field coverage with vertical wells and fracs ​


1990’s –horizontal re-development of the vertical drilled areas, high economic success based on better productivity and reserves​


Conventional Austin Chalk​


Has virtually no matrix porosity (~2%) –requires fracture permeability for productivity​


Is normally pressured and has low porosity​


In the vertical drilling phases only 20% of wells were successful due to the difficulty of hitting vertical fractures in vertical wells​


The economics of third stage conventional Austin Chalk wells are
better than for the Barnett Shale which is currently the major US producing formation. ​

[FONT=Trebuchet MS,Trebuchet MS]Background to Austin Chalk[/FONT]


[FONT=Trebuchet MS,Trebuchet MS]Background to Sugarkane Discovery​



The discovery well was drilled by Burlington 4 miles to the west of Sugarloaf and has been producing gas and condensate for the past year​



Both wells are central in a 50km x 20km+ trap where early structure on the Fashing Arch, formed by drape over the deeper Hosston structure drilled in the Sugarloaf-1), allowed migration of oil into the structure and preserved porosity​


Tight chalk forms the lateral seal all around the Sugarkane trap. ​


[FONT=Trebuchet MS,Trebuchet MS]Sugarkane gas-condensate discovery in the Austin Chalk has high porosity (6%+) and is overpressured[/FONT]​


[FONT=Trebuchet MS,Trebuchet MS]Production, well log analysis and seismic has defined areas of interest in the Austin Chalk[/FONT]​



[FONT=Trebuchet MS,Trebuchet MS]Sugarloaf-1 logs and shows identical to the Sugarkane discovery well​

Reserve Potential -Sugarkane

Additional information from expanded operations will be required in order to make firm estimates of reserves and economics

Potential reserves have been estimated for the 200,000 acre "Sugarkane"field by TCEI.

The field is expected to be developed with horizontal wells

Total Sugarkane reserve potential in the Austin Chalk (upper zone of 3 –the 2 lower zones assumed as nothing for this calculation)
is more than 3TCF and approx. 500MMBC

Based on these reserve and production assumptions, Sugarkane has better economics than conventional horizontal developed Austin Chalk and the Barnett Shale.[/FONT][/FONT]
 
AgentM when will we get the results in your opinion and what will they do too the sp knowing it is not a horizontal well do you think they will be a true reflection of what we got down there ?
 
the SL1 well will never be a production well as a vertical, its an exploration well. IMHO the SL1 well will go horizontal in no time.

The testing of the 3 zones is part of the evaluation process to understand the best way forward.

What will happen in the next week is the well will be tested and results will be announced, and i feel that will occur in the near term. regardless of a refrac, i think there will be sufficient knowledge gained from the partial frac to understand how to develop the field..

If Sugarloaf 1 makes the discovery out of the zone 3, it will no doubt be named officially, and the need for a refrac will be to get the critical data.

This week will be an exciting week, as quiet as it is on the trade front, the news is about to surface. late this week we can also expect news on Kennedy 1H as it starts to get shows in the sugarkane.


if the news is good as we all hope, there is only upside..


but not long to go IMHO..
 
golde - 8 Oct'07 - 14:55 - 58897 of 58901


Here is c&p==

SUGARLOAF PROSPECT (20%)
Background
The Sugarloaf Area of Mutual Interest (AMI) comprises a lease area of approximately 20,000 acres (80 square kilometres) in west Texas . This area falls entirely within a broad 200,000 acre area known as Sugarkane which is thought to be prospective for the well known and prolific Austin Chalk play.

The Sugarkane area is defined by regional analysis of drilling results, hydrocarbon shows and wireline log interpretation from adjacent wells. The Sugarkane discovery well located 6.6km west of Sugarloaf-1 has been producing gas and condensate steadily from a vertical well since 2006 and a nearby horizontal is due to be tested following strong hydrocarbon indications while drilling. Potential reserves have been estimated for the Sugarkane area at greater than 3 TCF of gas and approximately 500 million barrels of condensate.

The Austin Chalk play is well known in Texas and is exploited from a broad regional trend which passes just to the north of the Sugarkane area. The play shot to prominence in the early 1990's when horizontal drilling technology was first applied routinely. The reason for this was that horizontal wells of some 5,000 feet in length were able to access a much longer section of reservoir and in particular were able to intersect and drain hydrocarbons from complex fracture systems.

The Sugarkane area is still in the earliest stages of appraisal. However, it appears to be over-pressured, have relatively high matrix porosity, contain >150bbls of condensate per MMCF of gas, and be vertically fractured – all of which are strongly positive signs for potential commerciality. The reason why the play had been overlooked to date is due to the overall paucity of wells on this trend, the fact that Sugarkane is some 20km south of the main Austin Chalk trend, and the traditional thinking that the Chalk is a relatively low productivity reservoir when compared to other reservoirs targeted by previous wells drilled in this area.

Sugarloaf-1 Well
Adelphi originally farmed into the Sugarloaf area on the basis of a large, deep, 4-way dip closed growth fault play in early Cretaceous Hosston Formation clastics. Upon recognition of the Austin Chalk play as an attractive secondary target, we increased our equity in this well from 12.5% to 20% prior to the commencement of drilling Sugarloaf-1.

The Sugarloaf-1 well commenced drilling during August 2006 and reached a total depth of 20,896 feet (6,371 metres) in December 2006 after 116 days.

During drilling and subsequently confirmed by wire-line log analysis, the well encountered indications of hydrocarbons in both the primary and secondary targets. In the primary Hosston Formation, gas indications over both an upper and lower interval of interbedded clastics, and in the Austin Chalk with a 28 metre zone of possible gas pay.

During March 2007, a testing program including fracture stimulation of part of the Hosston Formation intervals was undertaken but formation water and only minor quantities of gas were recovered at rates too small to measure. As a result, the well was plugged off to allow later testing of the Austin Chalk zone.

The Sugarloaf-1 test of the Austin Chalk interval commenced during September 2007 with the fracture stimulation and testing of the bottom-most zone. If a potentially commercial flow of gas and/or gas liquids can be obtained, the well will be production tested so as to obtain productivity information. The scope and timing of testing the remaining two zones will depend on the results of the first.

Kennedy-1 Horizontal Well
The drilling of a horizontal well located approximately 1,600m from Sugaloaf-1 commenced on 17 th September 2007. The well, named Kennedy-1 Horizontal (effectively a Sugarloaf-2 well) is planned to be drilled in a north-westerly direction with a horizontal section of some 5,000 feet (1,500 metres). It will be geo-steered so as to fully test the uppermost zone in the Chalk – the same zone that is productive in the Sugarkane discovery some 8km to the west.

Based on limited horizontal drilling results reported to date in a neighbouring lease within the Sugarkane area, it would appear that vertical fractures have been encountered there which would significantly improve the flow potential and well economics of this play. However, this still needs to be confirmed by production testing and further appraisal drilling to determine the existence of these fractures across the wider Sugarkane area including the Sugarloaf AMI. This is also one of the key objectives of the Kennedy-1 well.

It is worthwhile noting that vertical fracturing is a crucial factor in the success of Austin Chalk wells in the established fields to the north due to their relatively lower matrix porosity in the Chalk when compared to the Sugarkane area.

If the Sugarkane area proves to be successful, that is if the horizontal wells deliver an economic return, prospective reserves are estimated to be in the range of 600 BCF to 1 TCF for the Sugarloaf AMI alone in which Adelphi owns a 20% working interest
 
It is worthwhile noting that vertical fracturing is a crucial factor in the success of Austin Chalk wells in the established fields to the north due to their relatively lower matrix porosity in the Chalk when compared to the Sugarkane area.


that is the key to it all, the sugarkane has relatively high matrix porosity

you cannot compare the regular chalk plays in the austin chalks to this little gem.. its unique..
 

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