# Update request Powell BD 1H 28932188

**URL:** https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954
**Category:** Leon County, TX
**Created:** [June 11, 2024, 8:13pm UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954 "2024-06-11T20:13:01Z")
**Posts on this page:** 13
**Page:** 1

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### Author: ![Rd\_Y](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/rd_y/32/18964_2.png) [@Rd\_Y](https://www.mineralrightsforum.com/u/Rd_Y)
#### Post date: [June 11, 2024, 8:13pm UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/1 "2024-06-11T20:13:01Z")

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Can anyone here help update us on the progress of this gas well? Last I heard, it spudded 1/28/24. Thank you.

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [June 11, 2024, 9:26pm UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/2 "2024-06-11T21:26:37Z")

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Looks like the rig is still on site. Not finished yet. No frac listed on FracFocus yet.

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### Author: ![Zipdrill-bb](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/z/dec6dc/32.png) [@Zipdrill-bb](https://www.mineralrightsforum.com/u/Zipdrill-bb)
#### Post date: [June 12, 2024, 1:36am UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/3 "2024-06-12T01:36:23Z")

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Yes, Cactus 139 is still onsite. After the Powell is TD. I understand is going to drill Hogue. The plan was and I guess still is after both wells are completely drilled. Frac is to be in September on both. Have to see how it plays out.

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### Author: ![Alan\_Herrington](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/b782af/32.png) [@Alan\_Herrington](https://www.mineralrightsforum.com/u/Alan_Herrington)
#### Post date: [June 12, 2024, 1:36am UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/4 "2024-06-12T01:36:59Z")

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Drilling was completed in mid-April. Here’s a link to the directional survey report, dated April 22:

[https://webapps.rrc.state.tx.us/dpimages/img/7700000-7799999//PR0007722581\_0001.pdf](https://webapps.rrc.state.tx.us/dpimages/img/7700000-7799999//PR0007722581_0001.pdf)

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### Author: ![Alan\_Herrington](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/b782af/32.png) [@Alan\_Herrington](https://www.mineralrightsforum.com/u/Alan_Herrington)
#### Post date: [June 12, 2024, 2:25am UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/5 "2024-06-12T02:25:36Z")

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Yes, the Hogue MMP 1H is being drilled from the same pad as the BD Powell. Spud date hasn’t been posted on the RRC site, but I would assume the rig is drilling the Hogue well now.

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### Author: ![Rd\_Y](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/rd_y/32/18964_2.png) [@Rd\_Y](https://www.mineralrightsforum.com/u/Rd_Y)
#### Post date: [June 12, 2024, 8:40pm UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/6 "2024-06-12T20:40:53Z")

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Thank you all, I appreciate your help.

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### Author: ![TyS](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/a4c791/32.png) [@TyS](https://www.mineralrightsforum.com/u/TyS)
#### Post date: [September 2, 2024, 8:21pm UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/7 "2024-09-02T20:21:18Z")

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Does anyone have any updated info on this well or the Houge well? I saw directional surveys for both, but it doesn’t look like anything has been reported to the RRC.

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### Author: ![Alan\_Herrington](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/b782af/32.png) [@Alan\_Herrington](https://www.mineralrightsforum.com/u/Alan_Herrington)
#### Post date: [September 2, 2024, 10:06pm UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/8 "2024-09-02T22:06:33Z")

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You are correct… drilling has been completed on both, directional surveys have been filed, but nothing has been filed regarding completion date or production.

I think I recall from their last earnings call that they have “paused” one of their frac crews, so that may be slowing things down. Comstock also reported that they now have the ability to transport gas to a storage facility near the Bethel plant in Anderson County. They may choose to move gas there, store it, and wait for higher prices before selling it.

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### Author: ![Rd\_Y](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/rd_y/32/18964_2.png) [@Rd\_Y](https://www.mineralrightsforum.com/u/Rd_Y)
#### Post date: [September 3, 2024, 2:35pm UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/9 "2024-09-03T14:35:08Z")

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Thanks again for the update. When might one reasonably expect to receive division orders for these wells?

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### Author: ![Reeves\_Rancher](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/b4bc9f/32.png) [@Reeves\_Rancher](https://www.mineralrightsforum.com/u/Reeves_Rancher)
#### Post date: [September 3, 2024, 2:52pm UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/10 "2024-09-03T14:52:22Z")

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Not sure I understand why it would be helpful to store the gas at a separate storage facility vs just leaving it stored in the ground? Makes me think they must envision an arbitrage opportunity between what they pay the mineral owner now and what they sell the gas for later?

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### Author: ![Alan\_Herrington](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/b782af/32.png) [@Alan\_Herrington](https://www.mineralrightsforum.com/u/Alan_Herrington)
#### Post date: [September 3, 2024, 4:59pm UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/11 "2024-09-03T16:59:42Z")

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Mineral owners don’t get paid until the gas is sold, so it’s beneficial to wait for higher prices.

It’s likely that only a portion of the gas produced will be stored… the rest will be sold immediately so that the lease area will be held by production. Comstock has leased a huge position, and I’m sure they would like to avoid paying lease extension money to the extent they can.

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### Author: ![Reeves\_Rancher](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/b4bc9f/32.png) [@Reeves\_Rancher](https://www.mineralrightsforum.com/u/Reeves_Rancher)
#### Post date: [September 4, 2024, 2:00am UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/12 "2024-09-04T02:00:39Z")

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Many leases have shut-in royalty payments on gas; seems like this would be cheaper than paying to store the gas. Do you have a link to where Comstock mentioned storing gas?

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [September 9, 2024, 8:13pm UTC](https://www.mineralrightsforum.com/t/update-request-powell-bd-1h-28932188/75954/13 "2024-09-09T20:13:08Z")

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