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Wolfcamp Shale

A shale formation with general locational characteristics that extend from northern Midland to Lubbock, Texas. Depths range from 9-11,000 feet.

Members: 72
Latest Activity: Nov 14

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Comment by Ralpr on July 30, 2017 at 11:53am
You're welcome Rock Man. Hit me with an easy question why don't you? LOL! I have no clue, but for $120/bbl WTI pricing maybe that would help?

PS - I really think companies are focusing on conventional geologic formations with unconventional technology, which seems to me to now be conventional technology?

Ralpr
Comment by Rock Man on July 30, 2017 at 10:43am

Interesting info - thanks for posting. It is amazing how many "heavy oil / kerogen / asphaltic" deposits are present across the world. Madagascar, Alabama, Canada, others.

I wonder what price oil has to go to in order to support exploitation of these reservoirs???

Comment by Ralpr on July 30, 2017 at 8:55am
Carbon Capture Storage (CCS) and oil shale mining?

https://www.researchgate.net/profile/Qingxia_Liu4/publication/25157...
Comment by Ralpr on July 30, 2017 at 8:46am
Comment by Ralpr on July 30, 2017 at 8:28am
Maybe we'll be mining kerogen in Dawson County? Thanks again for your comments Rock Man. Less CO2 production -amazing!

https://www.wallstreetdaily.com/2015/06/17/kerogen-oil-shale-estoni...
Comment by Rock Man on July 29, 2017 at 10:52pm

Note that both RSP and Diamondback's multiple failures in Dawson Co were horizontal frac'd wells in the Wolfcamp and Spraberry sections. These are two of the most respected and successful modern "shale" players in the Permian Basin - their not wanting to pursue their large acreage positions in Dawson Co is a telling indication of the risk associated with that area.

Lots of marginally economic to uneconomic vertical Wolfcamp and Spraberry wells have been been drilled - with skinny results (especially in times of $50 oil). The technical support for spending $6 to $8 MM to go do more horizontal wells is not sufficient at this time to take that risk.

I have read over Scott Hamlin's abstract on the Wolfberry in the Midland Basin (note that I have seen Scott talk on this and other topics over the years and spoken to him about various technical issues - including the same ones we are debating here tonight).

His comments are very accurate for much of the basin as to reservoir quality, but his inference that all mudrocks are thermally mature is off base - and the BEG as well as the USGS have proven that with their own analysis (as have many operators including my old company). Specifics in sub areas of the Midland Basin like Dawson Co are the key - generalizations are fine in an academic sense, but the devil in is the details. And the details vary from area to area.

I totally understand your desire and beliefs that Dawson Co will "work" like Martin, Howard and other counties have worked as to the shale plays. I will disagree with you on the Dawson Co prospectivity based on my own personal experience in this basin (and specific area).

I plan to leave it as that we disagree on this prospectivity issue in Dawson Co and move on to other issues. 

I wish you the best in the future as to drilling results on your acreage.

Comment by Willard rogers on July 29, 2017 at 10:32pm

yes rock man I can see where the failures would be a problem, but before fracking came along I am sure lots of big oil co said the same thing you are, what Raphr and the good Dr are saying is that the oil is there we just have to figure out how to bring it up just like the frackers did. I own land in the different sections in south Dawson, I have 2 well producing now and hope for more, I follow this very close so if you have any more info or know of any one wanting to lease I have 2 areas in Dawson that I would love to get leased. here is my email, marc.rogers33@yahoo.com I live in Destin Fl so it is hard for the to see what is going  on out there thanks again

Comment by Rock Man on July 29, 2017 at 10:06pm

Recent horizontal shale play drilling failures and related thermal maturity analysis puts a big negative spin on Dawson Co. You can have the best rock in the world in these unconventionals - but if the oil is still sitting there as unrefined keorgen (tar) and immovable, you aren't going to get much.

Operators that have tried horizontal drilling in Dawson Co and walked away after dismal and uneconomic failures include RSP Permian and Diamondback.

Look up thermal maturity info from the USGS and see how "cool" things are in the northern Midland Basin. Plus there is a large amount of proprietary thermal maturity data that has been reviewed in data rooms that supports the "Dawson and Borden Co are too cool" theorum.

Guess I will agree to disagree with your opinions.

Plus the term "blanket formations" is a huge misnomer. Although a formation (e.g. Wolfcamp) may span counties, it is highly variable from area to area with respect to reservoir quality, organic content, porosity, perm, geomechanical properties, etc.

Guess I will agree to disagree with some of the comments listed here.

Comment by Ralpr on July 29, 2017 at 9:58pm
Comment by Willard rogers on July 29, 2017 at 9:51pm

Yes Ralpr I agree with you I have been told the same thing, Gary Hustchison called me from Colorado a while back and told me this he also told me Dawson county is a gold mine, it is just a matter of time, he told me the same thing you just wrote, thanks for the post.

 

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