Highlight: In Reeves County, Texas, EOG reported a number of successful wells from its 134,000 net acre position in the Delaware Basin Wolfcamp play. The State Apache 57 #1103H, #1104H, #1105H and #1107H were completed at initial rates ranging from 590 to 1,600 Bopd with 200 to 460 Bpd of NGLs and 1.3 to 3.0 MMcfd of natural gas. Also in Reeves County, the State Harrison Ranch 56 #302H and #303H began sales at 660 and 665 Bopd with 275 and 450 Bpd of NGLs and 1.8 and 2.9 MMcfd of natural gas, respectively. EOG has 100 percent working interest in these six wells. EOG continues to test various well spacing patterns and zones on its Delaware Basin Wolfcamp acreage.
Be sure and checkout your Permanent Liability on these well…selling them the Surface Best Way to Go…any kind of partnership with you keeping the Land is Very Risky Longterm!~!
What are the pros and cons of an Area of Mutual Interest (AMI) assignment of mineral interests in Reeves County? An AMI is new to me and I don’t know how they work. Donny
Re. section 300, Block 13…my three year lease is up in a couple of weeks with Clayton Williams. I figured the 2 year option would be exercised, but haven’t heard from them yet. The lease is about 3-4 miles west of Concho’s long lateral wells. Just wondering if anyone here has any info on this area.
Could anyone recommend a lawyer who could help transfer our mineral rights from just my mom into the family trust since we live in CA difficult to get to Pecos?
My company helps companies put together applications for SWD wells: assemble the data needed, fill out the forms, file the application, etc. They can be rather complicated and are probably the most complex permit application at the Texas Railroad Commission.
I just had a call from someone wanting to drop a microseismic line across our land (PSL BLock 70 Sec3). Anybody know anything about this? Rates? He says it would be like an extension cord put across the land for a few days – clearly for fracking a well that is NOT on our property). I sent him to our lawyer, but I’d be interested in any insight you have to offer.
Mary – I personally I have no experience on microseismic rates related to fracing other than ‘I’ve heard about it’. It is good news that they are so technical and hopfully you can work something out.
Do you happen to know what well they are planning for (or location if the well hasn’t been drilled as yet)? Thanks – Later – Buzz
The SWD operator is offering a nice percentage of the gross revenue of the well and a nice percentage of the skim oil, along with doing a few water wells for fresh (?) water to sell. This is at no cost to me.
Mary,
There is the University of Texas Schedule for Damages that can address the seismic fees.
Do you get payments from the freshwater well production as well…you should. Not sure if there is a water district in you area that would affect freshwater production.
One great thing is that your property can still be drilled for oil and gas since the disposal will almost certainly be into a non-productive zone.
Seismic lines are the backbone of oil and gas exploration. They have gotten so good that drilling sites can be identified where no wells have ever been drilled. They have raised the success rate of wells to levels that would have been thought impossible 50 years ago.
Basically, you are granting surface access to your land for a short term. There is no drilling involved, just sensors and some explosive charges. Seismic = sound. Rates?..not sure, but I would guess $2K - $3K.
Traditional seismic requires the use of surface sources of sound (vibrator, dynamite, or, in water, an air gun). The sound waves penetrate the ground and reflect off of geologic boundaries to sensors on the surface.
Microseismic does not require surface sound sources. As the rock fractures in the producing formation, the sound as the rock breaks creates sound waves picked up by passive sensors on the surface. There is no damage other than tire tracks.
Yes, thank you for the micro seismic explanation – and for comments from a number of you here. Since our land is already under lease with Cimarex, our lawyer will have to work all this out. The proposal I’ve seen involves approximately 20 sections of land NNW of Toyah, with the micro seismic lines in a radial pattern (1943 total stations proposed @ 55 ft spacing). This may affect a number of you (or perhaps already has). Please keep posting any updates.
