Cana Woodford Shale (AKA Anadarko Woodford) - Oil & Gas Discussion archives


#4441

Received paperwork for increased density where we have 5 wells in Canadian county. Also received paperwork for relief sought: separate allowable. I understand increased density but what is separate allowable? Thank you.


#4442

Separate allowable is a good thing for royalty owners. Then each well gets to produce what they are allowed and not have to choke back and share with other wells.

The OCC decides what is best for the prudent production of the reservoir. Sometimes slow and easy is the best, sometimes quicker is best. Depends upon the geology.


#4443

Separate allowable is the amount of oil or gas that each well is allowed to produce per month under the regulations of the OCC. It is determined by reservoir, spacing, depth, etc. Sometimes wells have to share an allowable for an area and sometimes they each get their own. Read the paperwork to see what they are asking for. Sounds like each well will get their own (without me reading it.)


#4444

Thank you M Barnes!!


#4445

Thanks again for this explanation. Hearing is scheduled for October 19.


#4446

Interesting story in the Oklahoman today. http://newsok.com/oklahoma-stack-development-still-in-first-inning-…


#4447

Wonder why these companies are not making money then? Over-production is killing everyone from mineral owner to operators and they are hiding the fact they are spending a lot to make very little. Touting “Technically Recoverable Resources” is a joke when it is ECONOMIC RESERVES that matter. You don’t see that TRR BS in their SEC filings.


#4448

Wonder why these companies are not making money then? Over-production is killing everyone from mineral owner to operators and they are hiding the fact they are spending a lot to make very little. Touting “Technically Recoverable Resources” is a joke when it is ECONOMIC RESERVES that matter. You don’t see that TRR BS in their SEC filings.


#4449

No, once you have production in your spacing unit, you are held by the terms of the first lease. Increased density means they are asking for permission to drill additional wells. Good news for you! The commission granted a 640 ac spacing for the first well in the Springer, so the next well would be included under the same order. JMA is requesting the next well. Just sit back and enjoy the anticipated future royalties!


#4450

Got a notice for application of increased density well in section 17 T 6 W 11 by another company ( JMA) we already have a producing well there with sanguine LLC

hearing is Jan 23

Do they have to neonate another lease for this separate company that’s wants a density well ?


#4451

I meant negotiate


#4452

Got a notice for application of increased density well in section 17 T 6 W 11 by another company ( JMA) we already have a producing well there with sanguine LLC

hearing is Jan 23

Do they have to neonate another lease for this separate company that's wants a density well ?


#4453

I meant negotiate


#4454

No, once you have production in your spacing unit, you are held by the terms of the first lease. Increased density means they are asking for permission to drill additional wells. Good news for you! The commission granted a 640 ac spacing for the first well in the Springer, so the next well would be included under the same order. JMA is requesting the next well. Just sit back and enjoy the anticipated future royalties!


#4455

New report on potential of Anadarko Basin