Clint,
Could you translate these. Are they promising reports.
Thanks11
API 225-31389 Jamex Inc./Well # 2/Lease Name: J A Chandler 245 BOPD (Barrel Oil Per Day)/130,000 MCF (Thousand Cubic Feet) Gas Per Day
API 225-31361 EOG Resources/Well # 1H/Lease Name: Brees Unit 55 BOPD/40,000 MCF Gas Per Day
API 225-31382 Juneau Energy/Well # 105BR/Lease Name: Seven J Stock Farms 52,000 MCF Gas Per Day
Riceowl99, I would say that the Jamex well is a decent well but I doubt if the other 2 wells will ever pay for themselves. But that all depends on the length of the life of these two wells and the decline rate. Just my opinion.
Thanks Clint. We have mineral rights in the area a little closer to Crockett. Is this proving to be a promising play?
Riceowl99,
What is the Abstract # on your minerals so we can check the exact area? Location can make a difference…
Clint - thank you so much for tireless loading this info for such a long time.
I have tiny ownership in the “decent” Jamex well. Look forward to div order
soon. This is on the J.S. Bount (Blunt) A-11 survey. SEM just put in two wells
at the end of 2014, very close to the Jamex well. SEM has two other wells
permitted “across the street” from the Jamex well. The Jamex well is also
near a 30-35 year old stripper well.
Again thanks for the info.
Garry,
Looks like you are in a good area for production. Congratulations on your wells and future royalty checks.
Have a Safe Labor Day Weekend.