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Roger Mills: Apache Corp.; Karen No. 1-25HD-N Well; NE1/4 NE1/4 NE1/4 NE1/4 (SL) of 25-16N-24W; 489 barrels oil per day, 500,000 cu-ft gas per day; TD 12,949.
Roger Mills: Apache Corp.; McCracken No. 2-16H Well; NW1/4 NE1/4 NE1/4 NE1/4 (BHL) of 16-16N-22W; 513 barrels oil per day, 331,000 cu-ft gas per day; TD 13,652.
Roger Mills: Apache Corp.; Karen No. 1-25HD-N Well; NE1/4 NE1/4 NE1/4 NE1/4 (SL) of 25-16N-24W; 489 barrels oil per day, 500,000 cu-ft gas per day; TD 12,949.
Roger Mills: Apache Corp.; McCracken No. 2-16H Well; NW1/4 NE1/4 NE1/4 NE1/4 (BHL) of 16-16N-22W; 513 barrels oil per day, 331,000 cu-ft gas per day; TD 13,652.
It cost $6,386,000 to drill well the in 5 . It looks like the well will pay that in less then 10 months. That is a little better return then at the bank.
Kershaw the well in 5-13n-23w is doing 8950 BO a month and 33,34,35-14n-23w tested over 350 BOD.
Comment by Kershaw Putnam LLC on April 12, 2013 at 6:05pm We are working on 1700 for 1/4 or 2200 for 1/5 right now. You're awesome. Thanks!
Kershaw I found a pooling in 27-14n-23w were the oil co. was ordered to offer $2,667 for 1/8th ,2500 for 3/16th ,2100 for 1/5th or 1000 for 1/4th. I'll see what else I can find when I get back from town.
Roger Mills: Chesapeake Operating Inc.; Deloft State 36-16-24 No. 1H Well; N1/2 S1/2 SE1/4 SE1/4 (SL) of 36-16N-24W; 163 barrels oil per day, 118,000 cu-ft gas per day; TD 12,831.
Chesapeake Operating Inc.; Roark Trust 14-14-24 No. 1H Well; SW1/4 SE1/4 SW1/4 SW1/4 (SL) of 14-14N-24W; 1,697 barrels oil per day, 6,278,000 cu-ft gas per day; TD 14,995.
Comment by Kershaw Putnam LLC on April 8, 2013 at 11:35pm Our last lease on 1.5 NMA recently expired in this Section and Todco Properties is now interested. This has never been leased for less than $500/ac for 3yrs & 3/16...most recently for $1000/ac in 2010. Just wondering what kind of offers others are getting lately.
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