Are these production numbers good? (135,844 mcf)

General Mineral Rights Discussion
1

I was able to find my lease production data on the TRC Oil & Gas Production Data Query. The Unicorn IH I think is complete and is capped while they drill the other wells or gas prices get higher. My question: Is 135,944 a good number for a month for 1 well?

Date

Feb 2010: 0 GW Gas (MCF) production, 0 disposition; 0 Condensate (BBL) production, 0 disposition; Operator: CHESAPEAKE OPERATING, INC.; Operator No.: 147715; Field Name: NEWARK, EAST (BARNETT SHALE); Field No.: 65280200

Mar 2010 to Jul 2010: NO RPT

Aug 2010: 135,944 GW Gas (MCF) production and disposition; 0 Condensate (BBL) production and disposition

Sep 2010 to Nov 2010: NO RPT

Total: 135,944 GW Gas (MCF) production and disposition; 0 Condensate (BBL) production and disposition

My well came in 21st out of 29,200. I can’t help but assume that is pretty good.

2

Well, I listed all leases in my district, then chose the month of August. My well came in 21st out of 29,200. I can’t help but assume that is pretty good.

3

I’ve learned this well came in at 4.35 MCF! Big even for this productive area. Also I can’t know if they ran the well the entire month so it could be higher. One well was planned, once this big one came in they permitted 3 more on the lease and are drilling them as I type this.

I’m not going to get rich on 1/4 acre, but it could pay the water bill.

:slight_smile: