So the likely scenario is that the asset was purchased strictly for PDP as the press release noted. I would be surprised if Flywheel does any permitting at all unless they have to lease wise. The more likely scenario would be as Rockman noted, Stone Ridge/Flywheel assign out some of the acreage to an exploration company.
Looks like Rig 1209 left Francis pad several days ago and is now on the Maddox+3 pad, and has been drilling for a couple of days already. Was told Maddox pad should have all 4 wells completed before the end of JanuaryâŚfor drilling not frac. So it looks like Francis pad with 3 wells to be fracked will be done same time Pecan pad is being fracked.
akGasXplorâ Are the EOG leases in Muldoon ongoing ? I do not see any leases recorded yet, or are they using another alias ? Do you know what field they are looking at? Is it Austin Chalk ? They just recently found a really good AC payline in Gonzales county that âsurprisedâ themâŚ.
MR_ML, I am sorry I do not know the answers, I can only say the information comes from an extremely reliable source that is much more informed on the leasing side of things than the geologic side of things. I might try to circle back and see if I can gleen any additional information especially with regard to any alias being used for leasing. It will be interesting to see their interest is primarily AC or EF in that Muldoon area is about halfway between mostly AC to the north and EF to the south.
EOG leasing in Muldoon area is ongoing⌠using âFlat Land Oil & Gas, LLCâ, they may be waiting to record leases to get as much as they can before competition arrives.
A company with a name like that should not have a Waco mailing address or be leasing in Fayette County. Maybe in Levelland⌠or Stanton.
Happy Thanksgiving everybody hope youâve enjoyed your weekend. Whatâs going on over at the pecan farm? Yaâll have all been quiet for over a week.
Iam no expert but looks like over kill. They have trailer wire line unit must be used to set off perforator guns. Couple of very tall Crains one hooked to monster rock and other to reisoner. I was told when they frack it weâll be with electric motors. There is eight silo that look like NASA launchpad they are now being filled with sand from Pleasanton. they are not using the sand boxes. They are hauling the sand in belly dump trailers. Think they may have one week left too finish with the sand hauling just what Iâve been told.. iâm waiting to see the trailer with the big coil of tubing to drill out the plugs in the casing, for they can start fracking. This is just my opinion.
The white âSiloâsâ are the same thing they used when they fracked Blackshear. For Parr they used the Halliburton âboxesâ. It seemed that a lot more water was used fracking with the silosâŚseveral hundred trips made by the water trucks during the first few days after fracking, during flowback⌠a lot more than Parr had.
Betting that they are going to frac both laterals at the same time - going from lateral to lateral and back again as they do each perf / frac / set plug stage.
Very efficient approach
FYI - there are no plugs in the casing pre-frac / once the casing is set to TD in each lateral, that pape is âopenâ with no plugs. There may be some sort of scraper run to clean out any cement that may be in the casing. But no plugs.
The plugs are set after each frac stage. They can be drilled out or them may be the type of plugs that are designed to dissolve after âxâ time so as to avoid having to drill out said plugs
Whether the proppant came from silos or boxes, the same amount of water should have been used during frac operations. More trucks pulling off water may have been the result of less water storage / temporary frac tanks on location thereby requiring continuous trucking of water.
Once Frac Focus reports are filed, we will know the water volumes for these wells.
Received a lot of info over the holidayâŚ..Sticking point between EOG/Redhawk and KEW and others is that these leases north of Pecan pad apparently go into option in 2026âŚ.should they wait to see if they expire and lease âem or negotiate on who will pay option bonusâŚ.and of course results of monster/Reimers.
Heard Reimers well logs âlook goodââŚno talk on Monster.
Told EOG/KEW and others have an agreement, since pecan pad is promisingâŚ.but will take EOG a while to research the other leases to see what still needs to be leased. Told numerous tracts that have been leased by others do not have 100% minerals leasedâŚso a lot of work to be done, especially when say KEW has 50% leased and now redhawk calls up for the other 50% confusing lease owners why they should lease with another company when their relatives leased with anotherâŚlot of explaining to doâŚadds time. So, âarea of interestâ has a lot of work to be done, and then final title before permitting. Was not told exact dates, but based on the toneâŚseems like months instead of weeksâŚalthough they could get 1-2 units up faster than the othersâŚ
I was thinking only 4 units in this area but could be more ?? based on the response I got.
This info came from about 5 different really âconnectedâ peopleâŚ
Mr ML and/or Rockman, can you expand a little on the leasing process that EOG is doing using Blackshear and Pecan Farm as an example. Does EOG discover the area then choose the drill site and lease the area just enough to get a pool. Once it is drilled and the well results are favorable do they then go out and lease a block to secure the entire area. Then do they move to the adjacent area (N,S,E or W) and go through the same process. It seems like being on the fringe of the Eagleford they are making precision strikes as opposed to blanket leasing.
Sounds like you did all the good over the holiday weekend. Many thanks and it sounds cautiously optimistic.
Speaking for myself, I managed to eat and watch football for four days. Not exactly productive.
EOG has massive experience in many basins in the USA - and has an excellent geological and engineering team that can evaluate key subsurface information to determine what has the most potential.
This area is not their first rodeo.
EOG has had a TON of experience in the Texas trend chasing not only the Eagle Ford but also the Austin Chalk. There is heterogeneity in both trends, but the Austin Chalk has more extremes as to reservoir quality.
Some areas in the AC just will NOT work with respect to drilling horizontals and fracâing them to get production. EOG has cracked the code (as have others) as to what to look for in the AC to determine if the reservoir is such to make it viable for this approach.
They will have used all subsurface well control in the trend area to determine if the reservoir has the âright stuffâ. Plus, have tied this log control to rock work (cores, cuttings) plus then acquired seismic (probably 3d) to ID subsurface risk areas (e.g. faults) plus map the structure which will be followed during Hz drilling efforts.
I have done this same type of trend analysis in my past companies.
So, to answer your question, EOG had defined an area of interest based on all the above work. Then put together a lease position based on this work - all with a high degree of confidence that this new trend should be economics.
Drilling, fracâing and producing then âproves the pointâ and areas of further refined based on actual well results.
If some areas donât meet the muster as to prospectivity, EOG will either flip the acreage to another operator or just let it expire. Acreage is the least expensive aspect of any play like this.
Hope this explanation helps - a bit difficult to try to explain on this in a discussion site without maps and other tools.
1 Like
Very helpful, thanks!!
Concur with JBob. Very helpful.
Follow up question though. In one of the previous iterations of drilling excitement maybe eight years ago there was much discussion about the San Marcos Arch and how it would prevent any drilling in that area. This time there has been no mention of it. Has technology advanced to the point where itâs no longer an issue?
Although not mentioned in todayâs efforts, the San Marcos Arch (SMA) is a critical regional structural feature that significantly impacts the present-day subsurface spanning from the Buda / Cretaceous Limestones up thru the Eagle Ford and into the Austin Chalk section.
Early in the play (8-10 years ago), the stratigraphic relationships that are tied to the SMAâs presence and impact on deposition were not very well understood. That has changed over the years with more drilling. There have been numerous technical talks and publication done over the years that surgically evaluation the SMA area. Plus, some extensive work has been done on the reservoir rocks from this area (e.g. that work done by the Tx BEG).
Bottom line - the SMA is and always will be an issue as to drilling in this area. But the industry now better understands this impact as to how it impacts the various target intervals and their associated reservoir properties (as well as unconventional play potential).
1 Like
I also remember in the dayâŚsomething about the â Sligo Reefâ . Itâs extremely long and a portion of it runs from around Hallettsville to SchulenburgâŚbasically along US 77.
Was told many years ago this was an âissueâ. Also the âLlano upliftâ. This was a formation that when you see many Eagle ford maps, why Lavaca county all of a sudden gets sliced off the EF map. Could still be true because they are drilling in the AC instead.
1 Like
Sligo Reef essentially forms the downdip (SE) edge of the Eagle Ford and Austin Chalk plays in this area. Once one goes over (SE) of this subsurface reef / shelf edge, the aforementioned sections are thousands of feet deeper (and much thinner) than they are updip (NW) of this shelf edge.
Note that the Eagle Ford section gets very thin as one moves into the San Marcos Arch area from either direction. In some areas, the Eagle Ford is totally non-existent. Parallel to this EF thing, the Austin Chalk shows a lot of variability as to its reservoir properties as well as its unconventional play characteristics (e.g. organic source potential).
Difficult to explain in words - I am looking for a paper or two that may have some figures that illustrate some of these relationships
1 Like