If they were not going to do Alfaro & Kenobi, the rig was going to Gonzales County or SW of that, and then come back for the SW Francis pad site by CR312/CR307/CR306… or it could go to Dorado permanently and we eventually get rig 1205 to try to hold the remaining units not drilled in our area that they want to keep before options due… However, some options are coming due this spring and summer leased by EOG, San Luis, or Gulftex (all assigned to EOG)… almost 98% of the Redhawk leases are still under primary term until 12/2026 or later… for each 1280-acre unit the options will cost over 1.5 million. Keep in mind that a lot of the tracts leased by EOG for the SW Francis pad new site were just leased at the last half of 2025… so I am not going to bet the farm (literally) that EOG will drill CR312/307/306 next as told… they are flip floppers… got to call lawyers again to get that bill even higher… they might know something they did not tell us last week.
Also looks like the mineral owners of the pad site for Rawlins+, which the tract is about 122.75 acres, only have about 20 acres total in the 2 units… since 100% have to be included this would lead to some legal financial ramifications which were supposed to have been dealt with last week… or was there a “promise” they would return? I would not take a promise from an oil company….
Now you have to look at the Matrix units/wells to the west of where Rawlins and Bruhn are. These wells did not come in very good at all, with the exception of Trinity which is north of Rawlins. Trinity is right under the Modern unit Grover… Even Hollbrook and Bullard which are units in the Maddox+3 pad border a Matrix unit that did not do too good.
Should be interesting to see what happens next, and where exactly rig 1209 goes to… I can no longer take EOG’s “word” what they tell the site surface owners… I believe they are just spewing out whatever they think you want to hear to calm you and the lawyers down…