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You've got to be sad on a day like today, don't you? Sometimes you win, sometimes you loose, sometimes you hide under the table.
ADI - Adelphi Energy
- Thread starter Dukey
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- adelphi energy adi
Why the sad bit as far as ADI is concerned. The well is progressing. The project is continuing. Nothing has changed except a minor decrease in value today. That only has a bad effect on sellers. Anyone holding ADI for any time is looking past this week and next. The question with ADI is not what is happening to merchant banks or property values. The question is " will the elephant trumpet" If it does little else matters.
KOWALIK-1H UPDATE
Adelphi Energy (Adelphi) is pleased to provide the market with an update on operations
at the Kowalik -1H well within the Sugarloaf AMI.
Kowalik-1H
Adelphi has been advised by the operator, Texas Crude Energy Inc (TCEI), that on 12
September 2008 the rig suspended operations in preparation for Hurricane Ike. The rig
was also evacuated as a precaution. Adelphi has been informed that the rig sustained
no damage from the hurricane and drilling operations recommenced on 14 September
2008.
Since the last operational update drilling of the horizontal section of Kowalik -1H within
the target Austin Chalk has continued and as of 6am Texas time on 16 September 2008
the well had reached a measured depth of 13,835 feet. Following minor changes in the
rig configuration to more accurately measure gas readings, TCEI have advised an
increase in background values to 1,000 - 1,300 units. Gas flares have been observed of a
more sustained and substantial nature whilst drilling during the last week and a significant
flare occurred following a wiper trip.
Whilst encouraging, the commercial significance of these gas shows and flares will not
be known until the well has been flow tested.
The horizontal section is targeting the upper pay interval that has been reported as
successfully producing gas and condensate in three wells in the adjacent acreage.
The Joint Venture is working towards this being the first in a continuous sequence of 4
wells and preparations are presently underway for the next well location.
Flow Baby, Flow....
Adelphi Energy (Adelphi) is pleased to provide the market with an update on operations
at the Kowalik -1H well within the Sugarloaf AMI.
Kowalik-1H
Adelphi has been advised by the operator, Texas Crude Energy Inc (TCEI), that on 12
September 2008 the rig suspended operations in preparation for Hurricane Ike. The rig
was also evacuated as a precaution. Adelphi has been informed that the rig sustained
no damage from the hurricane and drilling operations recommenced on 14 September
2008.
Since the last operational update drilling of the horizontal section of Kowalik -1H within
the target Austin Chalk has continued and as of 6am Texas time on 16 September 2008
the well had reached a measured depth of 13,835 feet. Following minor changes in the
rig configuration to more accurately measure gas readings, TCEI have advised an
increase in background values to 1,000 - 1,300 units. Gas flares have been observed of a
more sustained and substantial nature whilst drilling during the last week and a significant
flare occurred following a wiper trip.
Whilst encouraging, the commercial significance of these gas shows and flares will not
be known until the well has been flow tested.
The horizontal section is targeting the upper pay interval that has been reported as
successfully producing gas and condensate in three wells in the adjacent acreage.
The Joint Venture is working towards this being the first in a continuous sequence of 4
wells and preparations are presently underway for the next well location.
Flow Baby, Flow....
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these wells flow without fractures, right now this one is kicking and flaring and doing everything you want a chalks well to do..
its a great report, and continious episodes of gas shows and flares is what your drilling for..
its a great report, and continious episodes of gas shows and flares is what your drilling for..
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from the uk
this is comment from tom kelly at eme..
worth a read
tonudiki - 17 Sep'08 - 07:58 - 38837 of 38851
Great news on more and bigger flares, but I am getting confused as to just what "background gas" actually means in these Kowalik reports.
So was I, but explained via email by Tom as follows, with permission to pass on.
“The previous reports had given the lower background gas levels prior to entering the target zone to indicate the significance of the increased levels and accurately report the observations.
This week’s report is accurate – in that the gas levels have now risen to 1000-1400 units – whether they are now called background gas levels or gas levels is irrelevant – they have been in that higher range for a few days now. In any case changes had been made to the way the readings are now being taken as opposed to before – and we are now in the target zone ( so we expect increased levels). The other significant thing is the flares.
Our interpretation is that the readings are significantly positive.”
this is comment from tom kelly at eme..
worth a read
tonudiki - 17 Sep'08 - 07:58 - 38837 of 38851
Great news on more and bigger flares, but I am getting confused as to just what "background gas" actually means in these Kowalik reports.
So was I, but explained via email by Tom as follows, with permission to pass on.
“The previous reports had given the lower background gas levels prior to entering the target zone to indicate the significance of the increased levels and accurately report the observations.
This week’s report is accurate – in that the gas levels have now risen to 1000-1400 units – whether they are now called background gas levels or gas levels is irrelevant – they have been in that higher range for a few days now. In any case changes had been made to the way the readings are now being taken as opposed to before – and we are now in the target zone ( so we expect increased levels). The other significant thing is the flares.
Our interpretation is that the readings are significantly positive.”
Hey can someone fill in the timetable for me?
When the drilling gets to depth (I'm thinking 4-5 days max) how long to do the wireline logs and flow test?
How long from here until a confirmation of success or failure?
Then how long until (if successful) the well goes into production?
thanks
PS I appreciate the last post from Tom Kelly AgentM
When the drilling gets to depth (I'm thinking 4-5 days max) how long to do the wireline logs and flow test?
How long from here until a confirmation of success or failure?
Then how long until (if successful) the well goes into production?
thanks
PS I appreciate the last post from Tom Kelly AgentM
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firstly, the well is hooked up already, so it can produce as soon as its completed.
once the well is completed in drilling, and it wont be 5 days at all, its then cleaned up and wirelined, (some wells may be overpressurized so clean up and putting in the casing may be slow, so timings are not possible to estimate).. all wells have been extremely complex and hard to complete, if kowalik reaches TD it will be the first open hole completion to go to TD..
once the well is ready the rig will move off, there will be a workover rig put over the well and the well will be completed for production by the workover rig..
the drilling rig will move to the next location and drill away whilst kowalik is finished for production, this process will go on for 4 completions..
you cannot estimate the timings on these formations.. at baker 2 they didnt even get half way.. and they have a hell of a job ahead of them right now to finish that well.. but imho they have it in hand.. dont rely on timings on anything,, add a week, add a week more and throw in a few for good measure..
once the well is completed in drilling, and it wont be 5 days at all, its then cleaned up and wirelined, (some wells may be overpressurized so clean up and putting in the casing may be slow, so timings are not possible to estimate).. all wells have been extremely complex and hard to complete, if kowalik reaches TD it will be the first open hole completion to go to TD..
once the well is ready the rig will move off, there will be a workover rig put over the well and the well will be completed for production by the workover rig..
the drilling rig will move to the next location and drill away whilst kowalik is finished for production, this process will go on for 4 completions..
you cannot estimate the timings on these formations.. at baker 2 they didnt even get half way.. and they have a hell of a job ahead of them right now to finish that well.. but imho they have it in hand.. dont rely on timings on anything,, add a week, add a week more and throw in a few for good measure..
Thanks AgentM, I was thinking we would know a little sooner, I'll get less excited and grow some more patience.
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solomon
the well is showing all the signs of becoming a producer, no one i know is saying any different, but the flow rates are yet to be revealed.. the well is 100 times more active than kennedy ever was, and with the way they completed that kennedy well which was not optimal in any way, yet it still produces!
the kowalik well will be completed optimally, open hole and slotted liner, and will be delivering connectivity to the formation in the best possible manner.
timings are always very tricky,, if i mention timings here, my posts get reproduced on another bb in the uk, then if its wrong, if things change, tools get stuck or packers fail ,or anything happens in the well in texas, these uk investors spit chips and become hostile at me.. its remarkable how they behave.. but i hope everyone understands its all imho and dyor.. things change every day and week in the overall operations and in the strategy by the operators on the sugarkane, they themselves are staggered how big this unconventional play has become, in a few months ther will be announcements imho that will clarify what i am saying, but today its all about a 4 well program in karnes county as far as i am concerned..
i will give you kennedys timings, and you can see what i mean..
10 days to drill a lateral.. now we are 2 weeks at least into the lateral already and not any cause for panic, i expected this myself. if the formation is kicking then you slow down the drill, you back off.. expect things to be slower..
allow 3- 5 days at least to wireline.(if you can).
allow 2 days to run a liner/casing. (impossible to do in these formations thus far). in kennedy it took many many trips, and many weeks. (baker 2 is trying to run one now, i think they have a long way to go and have been at it for some time already)
now if the drilling hits a particularily nasty frac, and they lose circulation, lose tools, and cant get out, you can have all sorts of problems and be stuck on the hole, and have to kill it to get out (as in baker 1) and you could be faced with massive tool costs and also massive costs to bring in specialised workover units to try be able to work the well and deal with the massive pressure and temperatures coming at you. this can take months and cost would be very high, but once you overcome that, your also likely to be sitting on a well that once flowing will be paying off the entire operations in days to weeks.. (baker 1 and 2) theres upside to any downside in some cases!
workover, can take a few weeks to prepare the well for production.. you have all sort of testing to do.. but there would be flow tests conducted on the wells integrity itself, on the flow, and choke sizes adjusted and all sorts of testing done to get maximum understandings on the formation.. and reports made to the shareholders then on th flow rates etc....
practically every day something goes wrong on these wells, things are in a constant state of reaction and action.. we are talking massive pressures and temperatures, and performing an almost impossible task or drilling horizontally into a formation and geosteering your way up and down to try and locate and direct a drill with a 8 3/4" drill bit a mile horizontally..
i know everyone loves to find a scapegoat or criticise the management of ADI or TCEI on the delays and timings,, but imho its completely irrelevant..
if the well is drilled on time, then you have to assume its not getting much reaction from the formation.. these chalks wells are very very difficult, and the expertise is there at kowalik to try and get a completion for the operator..
looking very promising, indeed i agree with TK entirely
"Our interpretation is that the readings are significantly positive.”
hope it helps
the well is showing all the signs of becoming a producer, no one i know is saying any different, but the flow rates are yet to be revealed.. the well is 100 times more active than kennedy ever was, and with the way they completed that kennedy well which was not optimal in any way, yet it still produces!
the kowalik well will be completed optimally, open hole and slotted liner, and will be delivering connectivity to the formation in the best possible manner.
timings are always very tricky,, if i mention timings here, my posts get reproduced on another bb in the uk, then if its wrong, if things change, tools get stuck or packers fail ,or anything happens in the well in texas, these uk investors spit chips and become hostile at me.. its remarkable how they behave.. but i hope everyone understands its all imho and dyor.. things change every day and week in the overall operations and in the strategy by the operators on the sugarkane, they themselves are staggered how big this unconventional play has become, in a few months ther will be announcements imho that will clarify what i am saying, but today its all about a 4 well program in karnes county as far as i am concerned..
i will give you kennedys timings, and you can see what i mean..
10 days to drill a lateral.. now we are 2 weeks at least into the lateral already and not any cause for panic, i expected this myself. if the formation is kicking then you slow down the drill, you back off.. expect things to be slower..
allow 3- 5 days at least to wireline.(if you can).
allow 2 days to run a liner/casing. (impossible to do in these formations thus far). in kennedy it took many many trips, and many weeks. (baker 2 is trying to run one now, i think they have a long way to go and have been at it for some time already)
now if the drilling hits a particularily nasty frac, and they lose circulation, lose tools, and cant get out, you can have all sorts of problems and be stuck on the hole, and have to kill it to get out (as in baker 1) and you could be faced with massive tool costs and also massive costs to bring in specialised workover units to try be able to work the well and deal with the massive pressure and temperatures coming at you. this can take months and cost would be very high, but once you overcome that, your also likely to be sitting on a well that once flowing will be paying off the entire operations in days to weeks.. (baker 1 and 2) theres upside to any downside in some cases!
workover, can take a few weeks to prepare the well for production.. you have all sort of testing to do.. but there would be flow tests conducted on the wells integrity itself, on the flow, and choke sizes adjusted and all sorts of testing done to get maximum understandings on the formation.. and reports made to the shareholders then on th flow rates etc....
practically every day something goes wrong on these wells, things are in a constant state of reaction and action.. we are talking massive pressures and temperatures, and performing an almost impossible task or drilling horizontally into a formation and geosteering your way up and down to try and locate and direct a drill with a 8 3/4" drill bit a mile horizontally..
i know everyone loves to find a scapegoat or criticise the management of ADI or TCEI on the delays and timings,, but imho its completely irrelevant..
if the well is drilled on time, then you have to assume its not getting much reaction from the formation.. these chalks wells are very very difficult, and the expertise is there at kowalik to try and get a completion for the operator..
looking very promising, indeed i agree with TK entirely
"Our interpretation is that the readings are significantly positive.”
hope it helps
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hi agentm,
Thank you for that big post. I know very little about the whole process and I've learnt heaps this morning by reading your post.
Thank you for that big post. I know very little about the whole process and I've learnt heaps this morning by reading your post.
Lucky_Country
Formerly known as ijh
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Things seem to be falling into place and being conducted in a very proffesional manner.
No rush just get the right result.
Timing as mentioned is what everyone wants to know but in 1 months time one would imagine flow rates will be in ADI will be a producer and the next well will be drilling.
Busy period and good times oil is also looking to become a safe haven if turbulant times.
No rush just get the right result.
Timing as mentioned is what everyone wants to know but in 1 months time one would imagine flow rates will be in ADI will be a producer and the next well will be drilling.
Busy period and good times oil is also looking to become a safe haven if turbulant times.
Hi Agentm, I can only say, I can't say it any better than Hatchy, I've learnt heaps and am very appreciative.
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keep researching and you always get the answers
this is what the jvp is not allowed to discuss with their shareholders..
if you dont think COP is serious about the sugarkane, or Cote d'Or, then i suggest you also please go to their own website and see what sort of people they are employing for this operation
read it carefully, and understand what this means in terms of how COP view the play:
"This position will be an integral part of the South Texas Operations Leadership Team and will be expected to be a fully engaged member of that team. They will also be a part of the larger Cote D'Or Development team and will be able to independently operate within and outside a formal organizational structure."
enjoy!!
http://209.85.173.104/search?q=cach...ophillips+cote+d'or&hl=en&ct=clnk&cd=17&gl=au
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Supervisor - Facility and Production Engineering
Apply to this job Email this job View All Jobs
ConocoPhillips Company · Laredo , TX
Wednesday, August 27, 2008
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Description:
Company Overview
ConocoPhillips is an international, integrated energy company with operations in nearly 40 countries. As the third-largest integrated energy company in the United States and fifth-largest refiner in the world, ConocoPhillips' goal is to deliver energy in a safe, environmentally and socially responsible manner. Approximately 32,600 ConocoPhillips employees work worldwide to consistently deliver top performance and value to maintain the company's global market position. Employees' individual talents and strengths combine to create a diverse and energized workforce within ConocoPhillips. Headquartered in Houston, Texas, the company had $178 billion of assets as of December 31, 2007.
Description:
Position Summary:
The Lower 48 Gulf Coast BU Cote D'Or Operations Team is seeking a Facility and Production Engineering Supervisor to build a multi functional team working the Cote D'Or development in South Texas. The Cote D'Or project is a green field exploration and development carbonate-dominated resource play which covers approximately 250,000 acres to date in South Texas and continues to expand. The successful candidate will be responsible for the overall facility infrastructure development in the Cote D'Or area along with being responsible for all production engineering functions in the same area. The job is located at ConocoPhillips' Westlake Office in Houston, Texas.
Responsibilities:
The Facility and Production Engineering Supervisor will be responsible for overseeing the facility and production engineering team working on the Cote D'Or project in South Texas. This position will build and manage the team necessary to safely design, build and optimize the facilities needed to commercialize the Cote D'Or development project. Along with facility oversight this position will be responsible for building the team necessary to design and optimize production engineering for Cote D'Or. Additionally, they will be responsible for Cote D'Or facility and production engineering budget development and oversight.
The successful candidate will have 12+ years of increasing responsibility in facility engineering, production engineering and operations. They will have a minimum of 3 years supervisory experience and will have experience in the start up of new oil and gas developments. This position will be an integral part of the South Texas Operations Leadership Team and will be expected to be a fully engaged member of that team. They will also be a part of the larger Cote D'Or Development team and will be able to independently operate within and outside a formal organizational structure.
Qualifications
Required & Preferred Skills/Competencies
Required/Preferred Qualifications
• Bachelor of Science degree in Engineering
• Must have a strong commitment to safety and promoting safe work practices
• Be a proven and recognized leader within the organization he / she currently resides
• Strong interpersonal, teamwork and organizational skills
• Ability to travel approximately 20% each year to participate in various functions/meetings in South Texas or other Networking sites as necessary
• Ability to work as a creative member of many multi-disciplinary teams
• Gets Results - Must demonstrate an ability to operate in a decisive, urgent and committed way to deliver results that are sustainable and measurable.
Proven ability to deliver results on time and within budget.
Flexibility - Must be able to prioritize and execute multiple assignments in a changing environment.
Capable of handling a large volume of diverse tasks. Capable of adapting to changes in project scope
• Solid written and oral communication skills
• Proficient in Windows and all MS Office applications (Excel, Word, Powerpoint, etc.) and have a working knowledge of other industry and company supported software
• Legally authorized to work in the United States on a regular, full-time basis without restrictions.
Required/Preferred Qualifications
• Must have 12+ years of combined and increasingly responsible experience in facility engineering, production engineering and operations.
• Proven leadership track record with at least 3 years previous supervisory experience
• Proven, vocal and visible safety leader
• In depth knowledge/experience in design, operation, and optimization of production and facility systems.
• Familiarity with facility risk assessment processes included but not limited to PHA's, Haz Ops, etc.
• Familiarity and experience with completions, re-completions, workover practices, procedures, and well design
• Scoping, planning and scheduling skills
• Previous budget development and management responsibility
Desired Experience Level:
Candidates should have a minimum of 12 years experience in Production Engineering, Facility Engineering and Operations along with at least 3 years of varied supervisory experience.
Additional Information:
Minimum assignment duration of 3 years is required due to the strategic importance of developing the Cote D'Or project.
Job Function
: Engineering
Job Level
: Team Leader
Primary Location
: NORTH AMERICA-USA-TEXAS-LAREDO
Organization
: LOWER 48
Line of Business
: Exploration & Production
this is what the jvp is not allowed to discuss with their shareholders..
if you dont think COP is serious about the sugarkane, or Cote d'Or, then i suggest you also please go to their own website and see what sort of people they are employing for this operation
read it carefully, and understand what this means in terms of how COP view the play:
"This position will be an integral part of the South Texas Operations Leadership Team and will be expected to be a fully engaged member of that team. They will also be a part of the larger Cote D'Or Development team and will be able to independently operate within and outside a formal organizational structure."
enjoy!!
http://209.85.173.104/search?q=cach...ophillips+cote+d'or&hl=en&ct=clnk&cd=17&gl=au
Search jobs:
Supervisor - Facility and Production Engineering
Apply to this job Email this job View All Jobs
ConocoPhillips Company · Laredo , TX
Wednesday, August 27, 2008
Email Alert Signup
Enter your email address
below to sign up for an alert.
We will send you an email
when new jobs meeting your
criteria are available.
Description:
Company Overview
ConocoPhillips is an international, integrated energy company with operations in nearly 40 countries. As the third-largest integrated energy company in the United States and fifth-largest refiner in the world, ConocoPhillips' goal is to deliver energy in a safe, environmentally and socially responsible manner. Approximately 32,600 ConocoPhillips employees work worldwide to consistently deliver top performance and value to maintain the company's global market position. Employees' individual talents and strengths combine to create a diverse and energized workforce within ConocoPhillips. Headquartered in Houston, Texas, the company had $178 billion of assets as of December 31, 2007.
Description:
Position Summary:
The Lower 48 Gulf Coast BU Cote D'Or Operations Team is seeking a Facility and Production Engineering Supervisor to build a multi functional team working the Cote D'Or development in South Texas. The Cote D'Or project is a green field exploration and development carbonate-dominated resource play which covers approximately 250,000 acres to date in South Texas and continues to expand. The successful candidate will be responsible for the overall facility infrastructure development in the Cote D'Or area along with being responsible for all production engineering functions in the same area. The job is located at ConocoPhillips' Westlake Office in Houston, Texas.
Responsibilities:
The Facility and Production Engineering Supervisor will be responsible for overseeing the facility and production engineering team working on the Cote D'Or project in South Texas. This position will build and manage the team necessary to safely design, build and optimize the facilities needed to commercialize the Cote D'Or development project. Along with facility oversight this position will be responsible for building the team necessary to design and optimize production engineering for Cote D'Or. Additionally, they will be responsible for Cote D'Or facility and production engineering budget development and oversight.
The successful candidate will have 12+ years of increasing responsibility in facility engineering, production engineering and operations. They will have a minimum of 3 years supervisory experience and will have experience in the start up of new oil and gas developments. This position will be an integral part of the South Texas Operations Leadership Team and will be expected to be a fully engaged member of that team. They will also be a part of the larger Cote D'Or Development team and will be able to independently operate within and outside a formal organizational structure.
Qualifications
Required & Preferred Skills/Competencies
Required/Preferred Qualifications
• Bachelor of Science degree in Engineering
• Must have a strong commitment to safety and promoting safe work practices
• Be a proven and recognized leader within the organization he / she currently resides
• Strong interpersonal, teamwork and organizational skills
• Ability to travel approximately 20% each year to participate in various functions/meetings in South Texas or other Networking sites as necessary
• Ability to work as a creative member of many multi-disciplinary teams
• Gets Results - Must demonstrate an ability to operate in a decisive, urgent and committed way to deliver results that are sustainable and measurable.
Proven ability to deliver results on time and within budget.
Flexibility - Must be able to prioritize and execute multiple assignments in a changing environment.
Capable of handling a large volume of diverse tasks. Capable of adapting to changes in project scope
• Solid written and oral communication skills
• Proficient in Windows and all MS Office applications (Excel, Word, Powerpoint, etc.) and have a working knowledge of other industry and company supported software
• Legally authorized to work in the United States on a regular, full-time basis without restrictions.
Required/Preferred Qualifications
• Must have 12+ years of combined and increasingly responsible experience in facility engineering, production engineering and operations.
• Proven leadership track record with at least 3 years previous supervisory experience
• Proven, vocal and visible safety leader
• In depth knowledge/experience in design, operation, and optimization of production and facility systems.
• Familiarity with facility risk assessment processes included but not limited to PHA's, Haz Ops, etc.
• Familiarity and experience with completions, re-completions, workover practices, procedures, and well design
• Scoping, planning and scheduling skills
• Previous budget development and management responsibility
Desired Experience Level:
Candidates should have a minimum of 12 years experience in Production Engineering, Facility Engineering and Operations along with at least 3 years of varied supervisory experience.
Additional Information:
Minimum assignment duration of 3 years is required due to the strategic importance of developing the Cote D'Or project.
Job Function
: Engineering
Job Level
: Team Leader
Primary Location
: NORTH AMERICA-USA-TEXAS-LAREDO
Organization
: LOWER 48
Line of Business
: Exploration & Production
Lucky_Country
Formerly known as ijh
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Well what we are all waiting for is confirmation from the jvp,s on what they rekon is down there.
In this market even that wouldnt stir the sp but a cumulative well development will increase the potential of the partners and there share prices.
In this market even that wouldnt stir the sp but a cumulative well development will increase the potential of the partners and there share prices.
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Lucky_Country,, your incorrect
i am not trying to stir up the sp.. nor should i have to debate that with you imho.. i am posting my research here, i hope you appreciate it..
at least the shareholders can discuss the cote d'or,,
i am not trying to stir up the sp.. nor should i have to debate that with you imho.. i am posting my research here, i hope you appreciate it..
at least the shareholders can discuss the cote d'or,,
Lucky_Country
Formerly known as ijh
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AgentM I never said you were trying to stir the sp what I posted were my veiws on the sp.You are welcome to post your comments no matter what anyone says.
My comments were basically saying that the market is just not taking any notice of the potential due to the Credit Crisis fear is ruling the market.
ADI will gain some traction when the management come out and tell us conclusivley what they think they have found in Texas.
As each well is developed that will also be taken into account on the sp.
Anyone whom has bought today got them cheaper than what I paid 2 years ago and good luck to them and all of us.
My comments were basically saying that the market is just not taking any notice of the potential due to the Credit Crisis fear is ruling the market.
ADI will gain some traction when the management come out and tell us conclusivley what they think they have found in Texas.
As each well is developed that will also be taken into account on the sp.
Anyone whom has bought today got them cheaper than what I paid 2 years ago and good luck to them and all of us.
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its what COP call this major project
The Cote D'Or project is a green field exploration and development carbonate-dominated resource play which covers approximately 250,000 acres to date in South Texas and continues to expand.
its what adi has 23,000 acres of
The Cote D'Or project is a green field exploration and development carbonate-dominated resource play which covers approximately 250,000 acres to date in South Texas and continues to expand.
its what adi has 23,000 acres of
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meridian announced this news from a dual lateral a short while ago.. 3200 bopd is still pretty handy, our chalks are said to be similar to the east texas play, but we have got better porosity and possibly permiability according to recent presentations ..
HOUSTON, Aug. 28, 2008 (GLOBE NEWSWIRE) -- The Meridian Resource Corporation (NYSE:TMR) today announced initial production test results on its Davis A-388 No. 1 well, located in Polk County, Texas in the Company's East Texas Austin Chalk Play. The well was recently tested at gross daily flow rates as high as 19 million cubic feet of natural gas per day ("Mmcf/d") and 3,200 barrels of oil per day ("BOPD"). Flowing tubing pressure was measured at approximately 1,200 pounds per square inch through an open choke. Instantaneous shut-in pressure was measured at 4,650 psi. The well was drilled vertically to approximately 13,000 feet then added two horizontal laterals. The first lateral extends approximately 6,000 feet in length with the second extending approximately 5,500 feet for a total wellbore exposure in the Austin Chalk of 11,500 feet.
in our region there are things happening that indicate a very large amount of operations are coming our way.
there is an operator which puts down pads for the rigs who is putting in a permanent facility to store a lot of machinery and to deal with some long term full scale demand.. there is still talk of many rigs to arrive in the coming months, so to see this operator set up certainly points to the fact this is not about to stop..
HOUSTON, Aug. 28, 2008 (GLOBE NEWSWIRE) -- The Meridian Resource Corporation (NYSE:TMR) today announced initial production test results on its Davis A-388 No. 1 well, located in Polk County, Texas in the Company's East Texas Austin Chalk Play. The well was recently tested at gross daily flow rates as high as 19 million cubic feet of natural gas per day ("Mmcf/d") and 3,200 barrels of oil per day ("BOPD"). Flowing tubing pressure was measured at approximately 1,200 pounds per square inch through an open choke. Instantaneous shut-in pressure was measured at 4,650 psi. The well was drilled vertically to approximately 13,000 feet then added two horizontal laterals. The first lateral extends approximately 6,000 feet in length with the second extending approximately 5,500 feet for a total wellbore exposure in the Austin Chalk of 11,500 feet.
in our region there are things happening that indicate a very large amount of operations are coming our way.
there is an operator which puts down pads for the rigs who is putting in a permanent facility to store a lot of machinery and to deal with some long term full scale demand.. there is still talk of many rigs to arrive in the coming months, so to see this operator set up certainly points to the fact this is not about to stop..
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Agentm do you know whatever happened with the testing of Kennedy 1H , has this been done or is it ongoing?
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kennedy 1h well was tested, and last announcement was that TCEI will put it on production, very marginal rates of production due to well not being optimally completed for the chalks formation ..
the plan is to frac it again later this year or early next year..
focus is on an upper chalks completion open hole..
the plan is to frac it again later this year or early next year..
focus is on an upper chalks completion open hole..
