A surface owner has been contacted by a drilling company about constructing a pad on his property. Location was described to me as west of the Lakeview Methodist Conference Center and north of Highway 294. Expand has written leases in this area.
No info on timing. I will update if/when I get new information.
Based on some seismic company’s websites (e.g. SEI, Seitel), there are some smaller 3D surveys in this area plus a lot of 2D data. All this historical data is available for purchase - but there may be issues with data quality and fold (coverage intensity).
Interesting that they are moving dirt while the 3D seismic is still in the works. Do we think Expand is just building the surface pad now to hold a lease, or is there chatter about a big rig mobilizing to this spot immediately?