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Karnes County, TX - Oil & Gas Discussion

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Karnes County, TX - Oil & Gas Discussion

Eagle Ford and general oil & gas discussion group for those interested in Karnes County, TX. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.

Members: 126
Latest Activity: Dec 30, 2016

Discussion Forum

Karnes County TX Oil & Gas Permits

Started by Dave Thompson. Last reply by Clint Liles Dec 30, 2016. 563 Replies

Post, discuss and share information related to Karnes County Oil & Gas permits in the replies below.Thank you to Clint Liles for championing the effort to keep us all up to date.Continue

Permits

Started by jean austin. Last reply by jean austin Nov 20, 2016. 2 Replies

What is the easiest way to find out if, when and where EnerVest Corporation is drilling new wells in Karnes County?  EnerVest bought out Blackbrush Oil in July, 2016.Thanks for any help.  I am new at…Continue

Keywords: Permits

Permits

Started by jean austin Nov 19, 2016. 0 Replies

What is the easiest way to find out if, when and where EnerVest Corporation is drilling new wells in Karnes County?  EnerVest bought out Blackbrush Oil in July, 2016.Thanks for any help.  I am new at…Continue

Notice of New Wells

Started by jean austin Nov 19, 2016. 0 Replies

I am new to the forum, and hope that I will be educated by the members.  I am a royalty owner on a pooled lease in Karnes County.  A producing well is on the lease at the moment, which was drilled in…Continue

Keywords: Drilling, Additional

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Comment by Rock Man on October 6, 2015 at 3:14pm

The PPB floor that needs to be exceeded for companies to drill will be company dependent depending on their source of capital and related issues as well as theoretical D&C and operating costs.

A company like EOG (IMO) will have a lower floor for increased drilling versus a smaller private equity group that doesn't have the cash flow and is paying 8-10% per year on their equity funding.

Comment by James M. Schroeder on October 6, 2015 at 2:50pm

Re: Drilling multiple wells off one platform.

Every Royalty owner who has participated in royalties from an oil well in the EF shale knows that there is a very steep rate of depletion in production from a single well ( 87%) in a short period of time (two years).

However, according to a friend of mine who works for a fracking co.,  successive new wells can be drilled from the same platform which the original depleted well was drilled, starting the process all over again.

Obviously, because of the plunge in the PPB last year, and the resulting precipitous drop in royalty payments, production companies are not drilling new wells--or, if they've been drilled, perhaps just not putting them into production-- on those same platforms. Can anyone here shed any light on where the PPB has to rise in order for the drilling and production to resume?

Comment by Rock Man on April 11, 2015 at 4:12pm

Average life for an Eagle Ford well is an educated estimate since the play is still in its early stages, cut these types of reservoirs can produce for 20-30+ years assuming there are no mechanical failures with the wellbore that cannot be fixed.

Similar types of reservoirs (e.g. Barnett Shale) have seen wells with 30+ years of well life.

Of course, the majority of the well life will be low rates after this initial rapid decline in the first few years of production.

Comment by James M. Schroeder on April 11, 2015 at 3:45pm

Does anyone here know what is the estimated average production life of a typical oil well in the Eagle Ford Shale in Karnes County? 

Comment by Karen Cash on September 30, 2014 at 5:29pm

Thank you Rock Man I figured Cities would take a long time for division orders.  So many own 1 or 2 lots.  A lot of people to locate and sign up.

Texas Lady, good news about SW Unit.  thanks

Comment by Rock Man on September 30, 2014 at 5:21pm

There is no place for city name - use the pan option to scroll around the GIS map to the town / area you want to investigate.

Or if you know the survey number of the town you are seeking, enter that

Comment by Karen Cash on September 30, 2014 at 5:15pm

Rockman I could not find where to put in City Name.  I am inquiring about Fall City, Hobson & Helena and Kenedy

Comment by Texas Lady on September 30, 2014 at 4:42pm

rrc is a great site for karnes county sw unit has 3 more permits

Comment by Rock Man on September 30, 2014 at 4:19pm

I would go to the Tx RRC GIS viewer (link below) and navigate yourself to the towns in question to find recent drilling activity. 

http://www.rrc.state.tx.us/about-us/resource-center/research/gis-vi...#

Comment by Rock Man on September 30, 2014 at 4:15pm

Timing of division orders being sent out is directly tied to the complexity of the interests in the unit.

2-4 months is normal for non town units - town lot plays will take much longer

 

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