America’s conversation place for mineral & royalty owners
Mississippian Carbonate Play - Oil & Gas Discussion
Information
Oil & gas discussion group for those interested in the Mississippian Carbonate oil play. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news
Members: 32
Latest Activity: 9 hours ago
Discussion Forum
Can they drill on my land, get oil from my neighbor and not pay me?
Started by Paul Mark. Last reply by Paul Mark yesterday. 15 Replies 0 Likes
I have questions about a number of the provisions in the proposed leasing contract. Here is one:15 Easement. “For the same consideration stated above, Lessor further grants, sells, conveys and…Continue
Is that my oil/gas you're pumping over there??
Started by Jim Hoghton. Last reply by Kaye May 6. 3 Replies 0 Likes
I imagine this is a very common question. If I have 80 acres (in Okla.) and there’s a producing gas well on the next 80 to the West, well...what that well is pumping is quite likely to be coming…Continue
Horizontal drilling on neighboring quarter
Started by Paul Mark. Last reply by Ralpr Feb 27. 4 Replies 0 Likes
My wife has interest in family property in western KS where interest in leasing is heating up. The family own 3 of the four quarters on one of their sections. A landsman is interested in leasing but…Continue
Comment Wall
Comment
-
Comment by Ralpr on Wednesday
-
Let me add that other areas of Texas (bottom of the Panhandle) are featured in the Mississippian Carbonate Play as referenced below in the map (halfway down the article) per the last comment.
Regards,
Ralpr
-
-
Geology.com article "The Barnett Shale Gas Boom" by Marc Airhart, J...
The cool thing about this article is that the Mississippian Carbonate Formations are mapped (still expanding Play as you know) and include the Permian Basin of Texas info.
I thought I'd bring this old, but great, article to your attention.
Regards,
Ralpr
-
-
An Oil Monster Hardly Anybody Sees Coming - SD, CRL, CHK by Bryan M...
Very interesting stock pumping article concerning Circle Star Energy and talking about prospects for the MIssissippi Extension. What's the Mississippi Extension? Read about it here.
Regards,
Ralpr
-
-
Chesapeake Confident on Asset Sales, Shares Rise
CNBC.COM article (Reporting By Anna Driver in Houston, Matt Daily in New York and Svea Herbst in Boston, Editing by Gerald E. McCormick and Jeffrey Benkoe)
Talks about Mississippian Lime play asset sales in OK and KS still going as planned.
-
-
Barrons.com article by Writer Gabriel Sorbara "Three Picks in the P...
FYI - It doesn't give any prominence to the MIssissippian Carbonate (Limestone) Play at all. So, there you have it.
Regards,
Ralpr
-
-
My Take on Sandridge by Michael Filloon in SeekingAlpha.com
Great article by Writer Michael Filloon of SeekingAlpha.com about Sandridge Energy and their strategic thinking about the Central Basin Platform in Texas and the Mississippian Carbonate (Lime) Play in Oklahoma and Kansas (and the Play is expanding into Texas, etc). The greener method for fracking production waters being used by Sandridge sounds just nifty!!! CEO says SD will triple in price for it's stock in 3 years - definitely gets my attention!
Happy Mother's Day!
Regards,
Ralpr
-
-
Drilling Info article about Mississippi Lime Play by Matt Menacha -...
Lots of pertinent information for folks in OK and KS.
Regards,
Ralpr
-
-
Mississippi Lime (northern Oklahoma, southern Kansas): Chesapeake’s approximate 2.0 million net acres of leasehold is the largest position in the Mississippi Lime play. Production for the 2012 first quarter averaged 12,800 boe per day, up 22% sequentially compared to the 2011 fourth quarter. Approximately 40% of total Mississippi Lime production during the 2012 first quarter was oil, 15% was NGL and 45% was natural gas. The company has drilled 130 horizontal producing wells since 2009 with results that have been attractive and consistent. Well costs in the Mississippi Lime play are more than 50% less than typical wells in the Bakken play, resulting in very strong rates of return for the Mississippi Lime Play. The company is currently operating 22 rigs in the play and will maintain that level throughout the remainder of 2012. Chesapeake is currently pursuing a joint venture transaction on its leasehold and expects to announce a transaction in the next few months.
Three notable recent wells completed by Chesapeake in the Mississippi Lime during the quarter are as follows:
- The Rudy 20-26-13 1H in Woods County, OK achieved a peak rate of 325 bbls of oil, 150 bbls of NGL and 2.8 mmcf of natural gas per day, or approximately 950 boe per day;
- The Leeper Trust 9-25-12 1H in Alfalfa County, OK achieved a peak rate of 525 bbls of oil, 70 bbls of NGL and 2.0 mmcf of natural gas per day, or approximately 930 boe per day; and
- H J Davis 24-29-10 1H in Alfalfa County, OK achieved a peak rate of 640 bbls of oil, 40 bbls of NGL and 1.2 mmcf of natural gas per day, or approximately 880 boe per day.
-
-
Acid Mine Water for Fracking? By MATT HUGHES of The York Daily Record
Very interesting article - is there wastewater in Texas, Oklahoma, and Kansas, etc. that could be used instead of freshwater for fracking? Is the drilling wastewater just too high in Total Dissolved Solids (TDS - salt, etc.) to be useful for fracking? It looks like it is directly related to the distance from the source to be economical (like most goods and services).
Regards,
Ralpr
-
-
Market Watch Press Release from Pioneer Natural Resources' Q1 Press...
FYI - It has several mentions of the Mississippian LS and expected EURs, etc. and their target goals per Pioneer Natural Resources. Mississippian Carbonate/Limestone Play is getting more mention in press releases in Texas.
© 2012 Created by Kenny DuBose.
You need to be a member of Mississippian Carbonate Play - Oil & Gas Discussion to add comments!