What would this look like as a horizontal well?
|Logging Co.||Appalchian Well Surveys||Core No.||Sample No.||API Well Number||34089257140000|
|Log Types||Perforating Depth Control, Perforating, Gamma Ray-Neutron,Density, Resistivity, Caliper, Density, Spectral density, Slim hole density, Vari, Gamma Ray, Radioactivity, Neutron||Permit Issued||10/6/2000|
|Measured||1720'NL & 480'WL OF LOT 15,SEC. 10|
|Landowner||PAINTER||Acres||40||Well No.||1||Date Commenced||12/4/2000|
|Owner||HILL DAVID R INC||Well No.||Date Completed||12/13/2000|
|GL||927||DF||KB||933||LTD||4170||DTD||4149||PB Depth||Date PB|
|TD Form.||ROSE RUN SANDSTONE||Prod. Form.||ROSE RUN SANDSTONE||Status||Producing|
|IP Natural||IP AT||60 MCF & 175 BO||Initial Rock Pressure||Date Abandoned|
|Perforations||PI: 4107-4125, Date: 12/22/2000, S/Ft: 36, # Shots: 36|
|Stimulations||SI: 4107-4125, Fmtn Cd: 367020, Stim In: CS, Type: ACID, Vol: 200 Gal|
|Casing Record||COND 12 0-120 SURF 8.625 0-629-0, Comment: 629, Sks: 160 T1 2.375 0-4101 PROD 4.5 0-4159|
|GULL RIVER FORMATION||4015||4056||Log||No|
|ROSE RUN SANDSTONE||4056||4153||Log||Yes||SHOW OIL & GAS|
Billy Park Whyde,
I could not reply directly to your email ( no reply link )...
What would this look like as a horizontal well? ..."
IF that "Painter" Rose-Run Sandstone well was drilled today, it would have generated $4.3 Million in Oil Sales in the first year. Break-Even in only about 12 months and it would generate about $22 Million Oil Sales over it's lifetime. WOW! Yes, that would be highly profitable even as a Horizontal Well. The Painter Well is the kind of well that the Marcellus drillers dream about!
Ormet Well = 8,000 barrels - 1st year (Marcellus Horz Well)
Painter Well = 43,000 barrels - 1st year (Rose Run Sandstone well)
The Ormet well is being choked back due to lack of infrastructure. In the Appalachia MH April 2012 "Corporate Presentation" to investors, look closely at page 28 "Marcellus Operations" and the Ormet well reference.
That's why I posted them. It all starts adding up when you look around a bit doesn't it?
Finn, Bill, Randy and all others who posted all the positive information on this site about the Marcellus in Eastern Ohio - THANK YOU VERY MUCH! All of your work and knowledge has been APPRECIATED GREATLY.
Which specific wells are you looking for production numbers on?
YES, when the price of Natural Gas doubles.
Ya know we are talking about formations, what we have paid notice too is the technology that could be used in other formations thus we are considering a buffet instead of A la carte menu. I think perhaps we that have not leased should look at multipul leases. Drill Baby suggest reserve the Queenston and above but look what might below!
More than one person has stated the O&G knows far more than we do, well I would hope they would but taking advantage with that knowledge in my opinion is wrong. I posted this well which is in a cluster of about 5 or six near Hebron, Ohio just west of the town. Look at the production of those wells that were only vertically drilled in the Rose Run that is below the Queenston or Utica. Note that these did not drop off no 60% the first year! These are different wells in that cluster.