Thanks for the post Michael. Another good well!!
Poteet #10 completion report, about 50/50 split. Two more to go #2 & #4
Karen, I will be there. I know Rick is there teaching CMM. He will do a great job. Look forward to seeing everyone in person!
Martha
Hello good people of Oklahoma. We (my cousins, my daughter, and I) will be in Oklahoma this week for the NARO-OK conference in Tulsa. We have been delighted to get to know some of you a little bit on this forum, and so grateful for all the help and information you have sent our way. We will be in Norman for the weekend after the conference. Any chance we could meet any of you while we are there? Hutch? Linda? MBarnes? I know Iâll get a chance to meet you, Rick Howell, because youâre an instructor for the exam prep course Iâm taking on Wednesday! Anyone else in the area?
Thanks again for being such super people!
Wanting some information please. Section 30, Township 2 South, Range 4 West regarding Continental Resources. And Section 13, Township 2 South, Range 5 West. McQueen well. Anybody have any information on these areas?
Pamela⌠thatâs just further south than I know about, but itâs really good oil country down there. We lived in Velma for six years when my husband managed an oil well servicing company, and I know itâs still hot oil/gas country now. Wish I could help!
Talked to a friend that works in the field, and he said it doesnât seem like Newfield is slowing up a bit nowadays, but they are moving some rigs further up north than our stuff. Still staying in the SCOOP and STACK though.
Pamela, have interest in nearby Section 36, Township 2 South, Range 4 West drilled by Continental. Production began March 2014. Checks didnât start until January 2015 due to title delay â CR paid required 6% interest. Current pricing depressed like everyone else. GOOD LUCK.
Karen, I would love to see you guys but Iâm down in Southeast Texas and canât make the trip. Please give my regards to Rick. Hutch
Karen, not sure which weekend you mean to be in Norman but if itâs one of the next couple of Saturdays we might could do that. If you havenât friended me already, do that and talk about arrangements there. My backâs still giving me lots of trouble so we might have to âplay it by earâŚor back,â okay? lol Would love to meet M. Barnes too so if sheâll be in Norman that would be great too.
Continued completions:
(remember 1st number is BOPD and 2nd is mcfgpd)
Newfield, Kelly #4, Section 11 2N4W was 1,195 oil (WOW) and 2,889 gas.
CR, Jeanna 6-24H in Grady County was 543 oil and 830, and Jeanna 1-24 was 666 oil and 945.
CR, Whatley 2-20H in Stephens was 304 oil and 11,047.
NF, Ferguson 1H-14X (Garvin) was 1,073 oil and 3,412.
NF, Mashburn #5H-33X (Garvin) was 694 oil and 6,025.
NF, Mashburn 3H-33X (Garvin) was 995 oil (GREAT) and 7,945.
CR, Good Martin 3-10-3XH, (Grady) 487 oil and 634.
CR-Marie Gregory 1-29H, (Garvin) 622 oil and 816.
HutchâŚI guess #2 is the one YOU are especially interested in if itâs the one that starts in Section 8, huh?
Hereâs Newfieldâs Report: http://www.newfield.com/assets/pdf/@NFX_2015-05-05.pdf
This taken from a first quarter report from Newfield:
Approximately 70% of the Companyâs planned capital investments in 2015 are being allocated to the Anadarko Basin SCOOP and STACK plays. SCOOP and STACK net production grew nearly 80% over the comparable quarter in 2014 and is expected to grow more than 45% year-over-year.
Also said they will have a conference call this morning at 10:00 CDT.
Webcast Q1 2015 Continental Resources, Inc. Earnings Conference Call (Live) 05/07/2015 at 12:00 pm ET
Oil (WTI) up over $61 a minute ago. (Whahoo!!!) Going the right way Praise The Lord!!!
Noticed that oil (WTI) was up to $60.88. We can use some more of that rise for sure. Wouldnât hurt my feelings a bit!
Thatâs good news Linda, I just saw $60.92. I hope CR sells a lot this month.
I hope the deal is not made, sanction them back into the stone age.
Linda, we have completion reports for all but #2 and 4. So far only 4 wells have been finalized and allocated by the OCC. No idea when we will get DOsâŚgoing crazy!