Project Springboard (SCOOP Related)

How is Section 32-07N-06W doing in the Springboard? CLR should be in row 3 by now.

http://imaging.occeweb.com/OG/Well%20Records/1DD8A549.pdf CHESTER 2-32-5XHS

http://imaging.occeweb.com/OG/Well%20Records/1DD8A19B.pdf CHESTER 3-32-5XHS

Papa - They are in row 3. Probably waiting on fracking and completion now. When I went through last week they were fracking/completing 3 wells east of Tabler (I say 3 wells, but it is 3 locations so it could be 6 wells or more)… so they are headed your way.

Section 7-6N-6W … New applications - Cause CD NO. 201901646 thru 201901653

Total of 3 new wells in the Goddard formation (Springer). Wells will be in Sections 7 (BHL), 18 & 19 (SHL).

Not sure why I haven’t gotten anything in the mail yet. Found listed on OCC’s Case Processing Web Application.

Can any of you pros help me understand how, within the spring board project, oil is measure and transported. IN the past a company employee (pumper) measured the oil every day and a separate independent company (refiner) pick the oil up and the tally was made between the two. We could look up what the refiner picked up (bought) and what they paid for it on the OKCC website. As I toured the spring board project last week it was easy to see how they are piping water to a central reprocessing site. Are they doing a similar same with the oil and just quaking it somewhen along the line? I noticed a great deal of above ground piping connections that could have been either for gas or oil. I can’t seem to find who, if anybody, serves as the independent company who measures and buys the oil as the production is now reported by Continental on the gross production site. Any help in understanding what, if anything, may have changed from the older system would be of great help and interest. Thanks

Jake: I think technology has passed us by. In short, they don’t gauge the tanks anymore. Both gas & liquids volumes are measured with electronic devices. Most of the bigger operators send the oil directly down pipelines to Cushing or other collection facilities to gain a better price advantage. The multi well pads improve their efficiencies and thereby reduces the operators costs.

The “old” way still takes place where there aren’t multiple wells on a single pad.

Todd M. Baker

We have been offered $2000 an acre from Turner Oil and Gas on behalf of Continental at 1/8 and $2750 an acre from Blue Chip Energy Partners in section 2 9N 8W in Grady County. Do these seem like resonable offersfor this section.

Thank you.

thanks Todd, that is what I assumed. IN driving around I never saw a tanker truck. Suppose there is NO way now of getting a feel for the production rates until we get a pooling order on the wells that have been drilled on us and get get into the CLR system.

You will get a Division order for the wells, but it will not have production on it. You can search on the OK tax site for the wells and the production is posted there. It is not entirely accurate (especially for gas), but it will give the general idea. They will be about four-five months behind.

https://otcportal.tax.ok.gov/gpx/gp_displayPublicPUNListSearchDownload.php

Jake- If you are savvy, you can obtain most of that information from the various flow meters on the well equipment. :grin:

well it is going to have to be a savvy okey…i am down here is San Antonio. if any one gets any info on the 3 wheeler farms wells i would sure be obliged. when i was up last week i only saw 4 rigs working in the springer area west part of 6n 6w. new road and locations were built for the Ewing wells. Did CLR let a couple of rigs go?

thanks for the help, we are gong to have a small WI as well as a RI and I was trying to get all info I could before we get the pooling order and need to pony up some money. IF we get lucky again maybe it will be a few more months before we get the order and will have a bunch of money coming back in short order. Does any body know the first production dates for the Wheeler Farms 1,2,3 I am guessing late feb or early march?

Look the names up on the Tax site. The active date is usually first sales.

Jake, I’ve also been concerned with the slowdown of Springer activity in 6N 6W. I’m waiting for a long lateral in sec. 10, proposed over a year ago. I don’t see any recent permits for the Springer in this TS. We are also in the SE part of the TS and have seen a flurry of activity here, Woodford and Miss. I’m thinking CLR moved their Springboard rigs here for some reason. Does anyone think the Springer wells did not turn out to be what CLR expected in Springboard?

Hi John:

I am participating in several Springer units and like almost all areas, some wells are great, some wells average, some wells not so good. Nothing different here. As I have stated here before, I am in one unit in 6N-6W where on well had an IP of over 2,000 bopd and the offset, 660’ away, was around 500 bopd.

We also hope for the best, but know not all the dinosaurs are created equal.

Todd M. Baker

we should get a great deal of info at the end of month from the CLR earnings presentation and CC. i did notice that CLR did not do a march update or attend the Howard Weil conference which they had done for several years. they had 45 wells waiting on completion so I expect a great deal of info. I would also not be surprised if they wait and get some additional information (from production) as to the optimun unit well density levels for each formation.

We continue to get better offers to lease, now $3000 ac with a 1/4 royalty as of last week.

How about something like this in Grady County?

9 Wells in Blaine County totaling 7,422 bpd.

With a survey something like this.

Blaine 9 wells.pdf (203.7 KB)

COMPLETION

Blaine: Newfield Exploration Mid-Continent Inc.; Castonguay 1610 No. 2H-2X Well; SW1/4 NW1/4 NE1/4 NW1/4 (SL) of 02-16N-10W; 786 barrels oil per day, 1841,000 cu-ft gas per day; TD 19,609.

Newfield Exploration Mid-Continent Inc.; Castonguay 1610 No. 3H-2X Well; SW1/4 NW1/4 NE1/4 NW1/4 (SL) of 02-16N-10W; 1,216 barrels oil per day, 3142,000 cu-ft gas per day; TD 19,479.

Newfield Exploration Mid-Continent Inc.; Castonguay 1610 No. 5H-2X Well; NE1/4 NW1/4 NW1/4 NE1/4 (SL) of 02-16N-10W; 1,192 barrels oil per day, 2799,000 cu-ft gas per day; TD 19,500.

Newfield Exploration Mid-Continent Inc.; Castonguay 1610 No. 6H-2X Well; NE1/4 NW1/4 NW1/4 NE1/4 (SL) of 02-16N-10W; 1,421 barrels oil per day, 3003,000 cu-ft gas per day; TD 19,420.

Newfield Exploration Mid-Continent Inc.; Castonguay 1610 No. 7H-2X Well; NE1/4 NW1/4 NW1/4 NE1/4 (SL) of 02-16N-10W; 939 barrels oil per day, 2105,000 cu-ft gas per day; TD 19,638.

Newfield Exploration Mid-Continent Inc.; Castonguay 1610 No. 8H-2X Well; NE1/4 NW1/4 NE1/4 NE1/4 (SL) of 02-16N-10W; 1,136 barrels oil per day, 2126,000 cu-ft gas per day; TD 19,318.

Newfield Exploration Mid-Continent Inc.; Castonguay 1610 No. 9H-2X Well; NE1/4 NW1/4 NE1/4 NE1/4 (SL) of 02-16N-10W; 732 barrels oil per day, 1509,000 cu-ft gas per day; TD 19,475.

Version:1.0 StartHTML:000000255 EndHTML:000196168 StartFragment:000192728 EndFragment:000196110 StartSelection:000193141 EndSelection:000196088 SourceURL:https://newsok.com/article/5628575/oklahoma-oil-prices-and-drilling-report-for-april-13-2019

That “parent-child” well decline business did not happen up there!

Thanks Todd and Jake. Looks like CLR hit the pause button for now. The Springer well I mentioned in sec. 10 will be almost a 3 mile lateral (10,15,22) so they may be evaluating data to determine best density as Jake mentioned.

also john according to the “spring board presentation” last January “row 4” will not be completed until 2020. Just a guess, but I would think they will complete the rest of Row 2 and 3 next quarter and then begin to drill Row 4 late late summer early fall with completion early next year, unless they guide to a different timetable.

[quote=“Gordon_Lincoln_Cummings, post:370, topic:26899”] How about something like this in Grady County?

9 Wells in Blaine County totaling 7,422 bpd.

With a survey something like this.

Blaine 9 wells.pdf (203.7 KB)

How about 11 wells in 24-7-6 and 9 wells in 25-7-6?

11 wells 24-7-6.pdf (200.0 KB)

That’s close enough for government work!