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http://webapps.rrc.state.tx.us/DP/d...cQuery=Y&name=DREES+A-179&univDocNo=485674074


murphy oil has taken over the permit for the drees well that meridian has originally put a permit for in a year ago. obviously meridian has a partner or sold out completely to murphy

the drees well is east of our acreages and a few miles west of the conocophillips bordovsky well that is currently being fracced

murhy oil has 100,000 eagleford shale acres

its no slouch in the world of corporates,

these are its competitors

Principal Subsidiaries: Murphy Eastern Oil Company (U.K.); Murphy Exploration & Production Company; Murphy Oil Company, Ltd. (Canada); Murphy Oil USA, Inc.

Principal Competitors: Alberta Energy Company Ltd.; Apache Corporation; BP Amoco plc; Canadian Occidental Petroleum Ltd.; Chevron Corporation; The Coastal Corporation; Enterprise Oil plc; Exxon Mobil Corporation; Kerr-McGee Corporation; Marathon Ashland Petroleum LLC; Noble Affiliates, Inc.; Petro-Canada; RaceTrac Petroleum, Inc.; Ranger Oil Limited; Royal Dutch/Shell Group; 7-Eleven, Inc.; Southern Mineral Corporation; Suncor Energy Inc.; Texaco Inc.; Texoil, Inc.; Union Pacific Resources Group Inc.; Unocal Corporation.


http://www.murphyoilcorp.com/about/default.aspx

forbes has murphy ranked 169 in The 400 Best Big Companies


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jestex12 said:
Bubba,

This would make sense why StrandEnergy was approved a permit 10.19 miles SW of Cuero. Everything seemed to be going north in McMullen and north of Kennedy in Karnes and Cuero in Dewitt. But Murphy's along with Strand's recent permits seems to be indicating that the play goes further south than what was initially thought.

StrandEnergy permit approved 7/3/09:

http://webapps.rrc.state.tx.us/DP/d...PublicQuery=Y&name=BRANDT&univDocNo=485656331
Click to expand...

jestex

murphy are in with meridian now, and i see dan hughes is looking a little south of runge.. maybe check that one out!

http://webapps.rrc.state.tx.us/DP/d...licQuery=Y&name=HALL+UNIT&univDocNo=485674070
 
Looks like the "fish" story on the EOG Milton well may be just that! The completion report came out today, with 112 bbls of oil 131 mcf of gas and 28 barrels of water.

This well is not being held back, it is on a huge choke (64/64) and has only 131 psi of flowing pressure, the well is also on gas lift. I think if you get too far updip you get into the oil part of the play, (not the gas condensate part that TCEI/COP are in) and the reservoir doesn't have enough pressure to lift all of the oil. The oil in this well is 43.8 gravity which means it is probably oil not condensate.

The well probaby started out at about 1000 barrels a day (it has already made 9200 barrels). But it declined very quickly as it just doesn't have enough reservoir energy to move the oil through the tight rock (shale).

My theory is that the eagleford won't be as good under the oil part of the Austin Chalk (barring some advances in engeering.) Tight rock (shale or sand) isn't as permeable to liquids as it is to gases. In the Sugarloaf area, it is likely that all of the gas and condensate exist as a gas only in the formation.
 
choppy said:
Looks like the "fish" story on the EOG Milton well may be just that! The completion report came out today, with 112 bbls of oil 131 mcf of gas and 28 barrels of water.

This well is not being held back, it is on a huge choke (64/64) and has only 131 psi of flowing pressure, the well is also on gas lift. I think if you get too far updip you get into the oil part of the play, (not the gas condensate part that TCEI/COP are in) and the reservoir doesn't have enough pressure to lift all of the oil. The oil in this well is 43.8 gravity which means it is probably oil not condensate.

The well probaby started out at about 1000 barrels a day (it has already made 9200 barrels). But it declined very quickly as it just doesn't have enough reservoir energy to move the oil through the tight rock (shale).

My theory is that the eagleford won't be as good under the oil part of the Austin Chalk (barring some advances in engeering.) Tight rock (shale or sand) isn't as permeable to liquids as it is to gases. In the Sugarloaf area, it is likely that all of the gas and condensate exist as a gas only in the formation.
Click to expand...

have to agree choppy

i know from landowners it dropped back to 675 bopd within a week, so once the charge came out it it has a lot less flow alright.

i was given the impression TCEI always had the better acreages, and the northern aspect was always left for others to fight over.. maybe it will impact the longhorn acreages of AUT? they would have to explain their acreages better perhaps.. i think excelsior acreages across atascosia are probably due for a test at some atage also. tcei does have a strong presence there

the adi 23,000 acres do appear to be in the more favorable region..

i noticed the murphy presentation had the correct stars on it for the eagleford, but forgot about kennedy..

thanks again for your input choppy.
 
choppy said:
Looks like the "fish" story on the EOG Milton well may be just that! The completion report came out today, with 112 bbls of oil 131 mcf of gas and 28 barrels of water.

This well is not being held back, it is on a huge choke (64/64) and has only 131 psi of flowing pressure, the well is also on gas lift. I think if you get too far updip you get into the oil part of the play, (not the gas condensate part that TCEI/COP are in) and the reservoir doesn't have enough pressure to lift all of the oil. The oil in this well is 43.8 gravity which means it is probably oil not condensate.

The well probaby started out at about 1000 barrels a day (it has already made 9200 barrels). But it declined very quickly as it just doesn't have enough reservoir energy to move the oil through the tight rock (shale).

My theory is that the eagleford won't be as good under the oil part of the Austin Chalk (barring some advances in engeering.) Tight rock (shale or sand) isn't as permeable to liquids as it is to gases. In the Sugarloaf area, it is likely that all of the gas and condensate exist as a gas only in the formation.
Click to expand...


Wow that does not sound too encouraging for EOG and other companies in the immediate area. I agree with you Choppy it is very difficult to move liquids through any tight rock. This is especially true of shales in which the matrix permeabilities are measured in nano-darcies.
 
http://webapps.rrc.state.tx.us/DP/d...icQuery=Y&name=EMMA+TARTT&univDocNo=485458985

choppy

xto took a look at the eagleford in the emma tartt vertical well in atascosia.. the completion report on the vertical test in the eagleford was listed in february 09.. you may want to compare or comment on that one.

its hard to spot its in the middle of the wilkinson lease. look for the horizontal well there its right next to it
 
Agentm,

It is hard to base much on a vertical well test, but it appears that the XTO well may end up having the same problem as the EOG well. As a side note, geologically speaking it appears they are both drilled in a large regional graben that is known as the "Karnes Trough", so it could be that the graben isn't the place to be for the Eagleford.
 
thanks again for your very qualified response.

the "karnes trough" may also impact the chalks, i can see a few attempts seem to have been fairly unproductive.

the conoco bordovsky well, which is about to test the eagleford, sits maybe 5 miles south of the EOG milton well..

this is what it looked like less than a week ago.

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Leasing Activity has been strong throughout Gonzales County during the last several months. Griffith Land Associates has leased up a significant amount of the county, Does anyone know what company Griffith is buying leases for? It would be interesting to know who is making a move on the Eagleford in this area. EOG is picking up some lands on the Dewitt-Gonzales line.
 
There is some spotty Edwards production in the trough, but the good production is upthrown on the Fashing-Person fault. I bet after drilling the vertical hole on the #2 Milton, EOG will go horizontal again in the Eagleford or maybe even the chalk.
 
Any more information on COP's Bordovsky horizontal test? Despite the promoters trying to sell a gas trend....the maturity finger prints oil in Karnes, north of the local proximity to the Edward's shelf margin, is oily. Did COP have any distinct EFS shale problems...pressure?.....even reminant pressure from oil/gas expulsion?....I'm in the same camp as PXD as to understanding the regional compartmentalization and impact on the trend's maturation and yields. I expect an oil test at the Bordovsky well.....with limited recovery...as experienced by EOG in the Milton....if the frac is controlled/constrained to the shales....unlike Petrohawks wells, were the "shale" is largely an interbedded limestone / shale sequence....up in Karnes the rock is marly...not as brittle as the Chalk.....and not holding the Lower Member EFS clastics seen over in Giddings.....I apologize for the rambling.
 
bart

ramble all you want... :D

still not hearing anything on bordovsky, we know they set up day before 4th july, and its certain they are eagleford there.

i agree they will be looking at an oil completion there like the other eagleford wells, i assume it also allows for closer well spacings? is that correct?

dan hughes has aone drilling near falls, they are listed as a chalks and a wildcat.. wonder what they chased there when they finished the pilot hole.

the eog milton is some 5 miles north of the bordovsky bart, i expect a different outcome myself to you.. i am told the view is that conoco has leases in the better acreages and they have far higher expectations on their wells.. the live oak wells are already demonstrating potential and are not requiring lift at all.. and i believe adi acreages is right on trend with them

i am hearing the barnett shale is scaling down a lot and they are all talking about the eagleford now

this from saf

Safiande - 28 Jul'09 - 09:27 - 58631 of 58638

The Economic Impact On South Texas

Eagle Ford Shale

"The article The Eagle Ford Shale discussed the new shale gas discovery in that is beginning to boom in McMullen, LaSalle, Dimmitt and Maverick Counties. Petrohawk Energy now has a handful of horizontal wells in the Tilden area that are exceeding expectations in both amount of gas and condensate produced and quality of gas in terms of hydrocarbon components.

Not Like Past Oil Booms In South Texas

Petrohawk has now leased almost 200,000 acres in LaSalle and McMullen counties and now other oil and gas companies are following suit, paying up to $400 an acre or more. Only because the price of natural gas has been below $4.00 per MCF has the lid on drilling stayed put. Once the Henry Hub price of natural gas (the measure by which it is traded on U.S. futures exchanges) gets above $6.00 we will see a dramatic increase in Eagle Ford shale drilling.
One thing that makes this natural gas play different from past oil and gas booms is the fact that, like the Barnett Shale, there is a very good chance that a well will be productive anywhere in the leasehold area.
While the Eagle Ford shale is not uniform and has different porosity and quality of gas depending on where it lies, it is for the most part uniform throughout much of McMullen and LaSalle county. This means that once the boundaries of the Eagle Ford shale have been determined a program of infill drilling will begin to fill in the spaces.
This will mean the creation of hundreds of oil and gas industry jobs in this area of Texas. In the 1980's the small town of Tilden enjoyed a brief oil boom with the development of the Olmos sand. Production is still being made from a few wells but the impact on the area in terms of oilfield jobs has diminished greatly.
Once the full extent of the Eagle Ford shale is being explored we should see a dramatic boom in the number of service company jobs. There will be a need for wireline logging trucks, workover rigs, pipeline construction crews, water haulers, hotshot delivery services, lease construction and more. The number of oilfield jobs in South Texas that could result is very encouraging.
Alice Texas and Corpus Christi Texas, currently feeling the effects of the oil and gas slump, should get a big boost from the Eagle Ford shale in the coming months. Small towns like Jourdanton, Pleasanton, Tilden, Three Rivers, Freer (already home to many service companies) and Cotulla should see a number of oilfield jobs created by the upcoming drilling activity. Owners of every type of business should benefit as royalty checks and oilfield payroll money is pumped back into the local economy. Local tax coffers should see more revenue and this is good news for small town school districts.
Another Barnett Shale?


Differences Between The Eagle Ford Shale and Barnett Shale

While there are some very big differences in the Barnett Shale and the Eagle Ford shale we should see a similar rate of job creation. Barnett shale wells are much shallower, about 4000 feet shallower on average.
Eagle Ford shale wells cost more to drill due to the depth and because of more complex frac jobs that are required. However, the cost of drilling wells in the Eagle Ford shale will diminish with time and cost will become less relevant as the price of natural gas rises.
Another factor that makes McMullen and LaSalle counties an ideal location for a large gas field is the lack of any major city. In the case of the Barnett shale there are tremendous obstacles to drilling, including subdivisions, roads, golf courses, noise regulations, etc.
Another large headache to oil companies is the incredible number of parcels, some as small as thirty by fifty feet, on which gas royalty payments must be paid to landowners holding mineral rights. Most of the land in McMullen and LaSalle county is in the form of large ranches, which simplifies a number of things.
None of the obstacles seen in the Barnett shale exist in this sparsely populated part of Texas and this in itself will result in lower costs to oil companies.
What will the impact on the economy of South Texas be? Perhaps we can look to the Barnett shale for an example. In the Dallas - Fort Worth area it was estimated that the job creation effect in the past five years was equivalent to one Boeing aircraft plant opening every six months. These jobs largely resulted from drilling and completion of horizontal wells, pipeline construction and the trickle down effect on other professions.
In South Texas, should drilling in the Eagle Ford shale formation take off, there will be all kinds of jobs created besides oilfield jobs. As landowners get large royalty checks they often use this money for ranch improvements, bigger homes, cars and trucks and so on.
For an area of the country that has seen it's share of boom and bust oil activity, the Eagle Ford shale formation could mean quite a few lasting jobs."

http://www.energyindustryphotos.com/eagle_ford_shale_jobs_in_south_t.htm
 
Agentm said:
bart

ramble all you want... :D

still not hearing anything on bordovsky, we know they set up day before 4th july, and its certain they are eagleford there.

i agree they will be looking at an oil completion there like the other eagleford wells, i assume it also allows for closer well spacings? is that correct?

dan hughes has aone drilling near falls, they are listed as a chalks and a wildcat.. wonder what they chased there when they finished the pilot hole.

the eog milton is some 5 miles north of the bordovsky bart, i expect a different outcome myself to you.. i am told the view is that conoco has leases in the better acreages and they have far higher expectations on their wells.. the live oak wells are already demonstrating potential and are not requiring lift at all.. and i believe adi acreages is right on trend with them

i am hearing the barnett shale is scaling down a lot and they are all talking about the eagleford now

this from saf

Safiande - 28 Jul'09 - 09:27 - 58631 of 58638

The Economic Impact On South Texas

Eagle Ford Shale

"The article The Eagle Ford Shale discussed the new shale gas discovery in that is beginning to boom in McMullen, LaSalle, Dimmitt and Maverick Counties. Petrohawk Energy now has a handful of horizontal wells in the Tilden area that are exceeding expectations in both amount of gas and condensate produced and quality of gas in terms of hydrocarbon components.

Not Like Past Oil Booms In South Texas

Petrohawk has now leased almost 200,000 acres in LaSalle and McMullen counties and now other oil and gas companies are following suit, paying up to $400 an acre or more. Only because the price of natural gas has been below $4.00 per MCF has the lid on drilling stayed put. Once the Henry Hub price of natural gas (the measure by which it is traded on U.S. futures exchanges) gets above $6.00 we will see a dramatic increase in Eagle Ford shale drilling.
One thing that makes this natural gas play different from past oil and gas booms is the fact that, like the Barnett Shale, there is a very good chance that a well will be productive anywhere in the leasehold area.
While the Eagle Ford shale is not uniform and has different porosity and quality of gas depending on where it lies, it is for the most part uniform throughout much of McMullen and LaSalle county. This means that once the boundaries of the Eagle Ford shale have been determined a program of infill drilling will begin to fill in the spaces.
This will mean the creation of hundreds of oil and gas industry jobs in this area of Texas. In the 1980's the small town of Tilden enjoyed a brief oil boom with the development of the Olmos sand. Production is still being made from a few wells but the impact on the area in terms of oilfield jobs has diminished greatly.
Once the full extent of the Eagle Ford shale is being explored we should see a dramatic boom in the number of service company jobs. There will be a need for wireline logging trucks, workover rigs, pipeline construction crews, water haulers, hotshot delivery services, lease construction and more. The number of oilfield jobs in South Texas that could result is very encouraging.
Alice Texas and Corpus Christi Texas, currently feeling the effects of the oil and gas slump, should get a big boost from the Eagle Ford shale in the coming months. Small towns like Jourdanton, Pleasanton, Tilden, Three Rivers, Freer (already home to many service companies) and Cotulla should see a number of oilfield jobs created by the upcoming drilling activity. Owners of every type of business should benefit as royalty checks and oilfield payroll money is pumped back into the local economy. Local tax coffers should see more revenue and this is good news for small town school districts.
Another Barnett Shale?


Differences Between The Eagle Ford Shale and Barnett Shale

While there are some very big differences in the Barnett Shale and the Eagle Ford shale we should see a similar rate of job creation. Barnett shale wells are much shallower, about 4000 feet shallower on average.
Eagle Ford shale wells cost more to drill due to the depth and because of more complex frac jobs that are required. However, the cost of drilling wells in the Eagle Ford shale will diminish with time and cost will become less relevant as the price of natural gas rises.
Another factor that makes McMullen and LaSalle counties an ideal location for a large gas field is the lack of any major city. In the case of the Barnett shale there are tremendous obstacles to drilling, including subdivisions, roads, golf courses, noise regulations, etc.
Another large headache to oil companies is the incredible number of parcels, some as small as thirty by fifty feet, on which gas royalty payments must be paid to landowners holding mineral rights. Most of the land in McMullen and LaSalle county is in the form of large ranches, which simplifies a number of things.
None of the obstacles seen in the Barnett shale exist in this sparsely populated part of Texas and this in itself will result in lower costs to oil companies.
What will the impact on the economy of South Texas be? Perhaps we can look to the Barnett shale for an example. In the Dallas - Fort Worth area it was estimated that the job creation effect in the past five years was equivalent to one Boeing aircraft plant opening every six months. These jobs largely resulted from drilling and completion of horizontal wells, pipeline construction and the trickle down effect on other professions.
In South Texas, should drilling in the Eagle Ford shale formation take off, there will be all kinds of jobs created besides oilfield jobs. As landowners get large royalty checks they often use this money for ranch improvements, bigger homes, cars and trucks and so on.
For an area of the country that has seen it's share of boom and bust oil activity, the Eagle Ford shale formation could mean quite a few lasting jobs."

http://www.energyindustryphotos.com/eagle_ford_shale_jobs_in_south_t.htm
Click to expand...


Mate Agentm

Well written and thanks

I knew nothing about ADI until I started reading this thread and developed interest

But you proved to be a real champion with your tip on SLA in July and looks like to repeat it in August with ADI tip. The other persons will be competiting with your top slot probably be Grace and Seaspirite if I am not wrong.

I learnt few things on ADI from postings on this site and subsequent readings on this exploration.


Hope you be a winner and let me scratch some pennies to put on this stock:D
 
i didn't post a map but i think this one shows that the eog leases are very much ones accumulated later on, murphy took the leases over from meridian and have some good acres west of bordovsky and towards karnes city

bordovsky is a lot more south of the karnes trough that choppy discussed


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bart9 said:
Any more information on COP's Bordovsky horizontal test? Despite the promoters trying to sell a gas trend....the maturity finger prints oil in Karnes, north of the local proximity to the Edward's shelf margin, is oily. Did COP have any distinct EFS shale problems...pressure?.....even reminant pressure from oil/gas expulsion?....I'm in the same camp as PXD as to understanding the regional compartmentalization and impact on the trend's maturation and yields. I expect an oil test at the Bordovsky well.....with limited recovery...as experienced by EOG in the Milton....if the frac is controlled/constrained to the shales....unlike Petrohawks wells, were the "shale" is largely an interbedded limestone / shale sequence....up in Karnes the rock is marly...not as brittle as the Chalk.....and not holding the Lower Member EFS clastics seen over in Giddings.....I apologize for the rambling.
Click to expand...

i am hearing today that the conocophillips bordovsky multistage frac is currently progressing through the stages. thats the best i can do thus far bart9

if conoco know how its done and gets it right then TCEI will have the advantage of having a share in that intel on the frac.. which bodes well for the kennedy well that sits in the eagleford and needs to be opened up..
 
Bart9

Thanks for joining in the conversation. What type of recovery results would you predict when "shale" exploration moves updip of the Karnes Trough, into Gonzales and Wilson Counties. Multiple companies have taken large positions on the horst block that underlies "first shot field". Being that the EOG well is performing poorly for a multi-million dollar horizontal with a massive frac, and is situated in a massive graben, could placement over a horst improve the potential yields? Do you perceive any significant differences in the Eagleford rocks as you move updip out of the Trough? There were some great chalk wells drilled in the 90's updip of the trough
 
Outlaw,

The better chalk production was not on top of the San Marcos Arch (First Shot Field), it was on the flanks (Pearsall and Giddings Fields). The reason for this is because the Chalk was alot thinner up on the Arch. I think the Eagleford will work up there, but I don't think it will be a real sweet spot because it will be alot thinner, and will be oil. The Chalk and Eagleford are substantially thinner (50%?) up in Gonzales County as compared to in the Karnes Trough.
 
from another site, it discusses the eagleford.. in gonzales,, they have high hopes for the play there by the looks


Savoy Energy Corp. (SNVP.OB) Answers Questions about Eagleford Shale Formation

http://blogs.transworldnews.com/QualityStocks/Post.aspx?postID=43886

Posted on 7/28/2009 12:27:17 PM

Savoy Energy Corporation, the Texas-based oil and gas company focused on bringing old well sites back to life, is actively working the Texas Cretaceous Trend, the largest single pool field in Texas. The company has a special interest in the Eagleford Shale Formation, which has a history of long-producing wells, and holds a number of properties in the Gonzales County area of southern Texas. Savoy feels it can pull from 5,000 to as much as 140,000 barrels from a single vertical well.

In response to investor inquiries, Savoy has addressed the most frequently asked questions regarding their plans for Eagleford.


• Will the production be oil or gas?

In most cases, production will be oil, primarily above the 11,000 foot level.

• What is oil quality in the area?

Oil quality in Savoy’s area of interest varies from heavy to very desirable high-gravity crude.

• How much oil can be recovered from the initial target area?

Hundreds of millions of barrels are in place. Identifying the “sweet spots” for exploitation is key in determining what can actually be recovered. Savoy plans to start in areas of known tests or where high-quality oil shows.

• How much production can be expected from a good horizontal well at Eagleford?

Based upon the production profile of the best vertical Eagleford well, 300-400 BOPD (barrels of oil per day) can be expected, and possibly above 75 BOPD for an extended period of 5-8 years. A dual lateral well in the basal Eagleford may well recover 400,000 barrels of oil. The idea is to explore with vertical and exploit with horizontal. The sweet spots can be identified with vertical wells before taking on the higher costs associated with horizontal wells.

• Why are Savoy’s properties in Gonzales County considered prime for tapping the Eagleford?

The Savoy/Louis Zavadil #1 actually flowed 35 BOPD on test from the Eagleford back in 1978 before being plugged in search of higher deliverability. The well is also in close proximity to an Eagleford well that produced 142 MBO as a vertical completion


http://www.savoyenergycorp.com/index.html



back on topic a bit,, adi will release the quarterly tomorrow as we all know

but will it contain the magic farmout or will we stay in groundhog days for a whule longer?
 

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