Replies to This Discussion

Permalink Reply by oildude on July 22, 2012 at 11:35am

Has anyone heard any information about what this well is putting out in production numbers?

Permalink Reply by Teri on July 22, 2012 at 12:31pm

Yep, 0% ... it's non producing, a dead hole in the ground.  I guess that's not what ya'll wanted to hear but it's the truth none the less.  On the other hand, the cornfield that we planted using the well pad money is looking AMAZING!! Thank the Creator for helping us out with the rain!

Permalink Reply by Gary Cunagin on July 22, 2012 at 7:29pm

Yea, Teri, who cares about oil.  I got 3 inches of rain on my place, about 10 miles up the river from yours.  It looks to have saved a sorry looking bean field.  I signed with PDC about a year ago.  Hope this is just a bump in the road.  Thanks for the info.

Permalink Reply by Teri on August 10, 2012 at 7:59pm

Well honestly, it's hard to put stock into something that you're not counting on ... but we're counting on this corn crop! ha ha ... and most of the crop fields look a damn sight better now because of the rain!  YAY!!! and you're Welcome!

Permalink Reply by oildude on July 22, 2012 at 1:53pm

If it is a non-producing well, Why is PDC still leasing all the surrounding ground that they can get their hands on?

Permalink Reply by gary SWF on July 22, 2012 at 3:31pm

Third hand info.......something wrong with fracking work.....heard it was fixable.....again third hand info................ also core samples looked good........again third hand info.......gw

 

 

Permalink Reply by Teri on July 22, 2012 at 5:35pm

Maybe email the board of PDC and ask them?  The question was -

"Has anyone heard any information about what this well is putting out in production numbers?"

The production number right now, today, is 0.  It doesn't get any simpler than that.  I'm looking out my back window at the spot in question, and all that's out there is fracking tanks, a small portable pop up rig, some porta pottys, and a mound of top soil. Oh, and the torch that they were planning to light and the stuff with that.  There's noone here, there hasn't been for a few days now.  Hearsay is a great thing though, it has our "well" producing enough to fill 3 trucks a day, producing enough to keep the nearbye plant going, etc... but YES the core sample came back looking good.  Yep there's sand in the hole, something went wrong, it might be fixable, drilling is a gamble and things go right & wrong.. it just depends on what a Company is willing to put money into and how much money.  There's still a lot of options.  I figure the more money they have to spend to bring a well in, along with the amount they're estimating that well to produce so they can get their money back, weighs in for what they're willing to pay out in lease money?  I guess any info they want to share will be made public.

Permalink Reply by oildude on July 22, 2012 at 6:15pm

Teri

I was not casting doubt on your information and I apologize if it sounded that way. I was just thinking out loud. As always, any information is greatly appreciated. 

Permalink Reply by C G HAMILTON on July 22, 2012 at 7:02pm

when was it fracked?

Permalink Reply by Teri on August 10, 2012 at 8:03pm

It was fracked the first of July because the frack crew was trying to get everything pulled out that they could before the Holiday of July 4th.

Permalink Reply by gary SWF on August 9, 2012 at 9:05am

Teri, any undates on the status of the 1st Morgan County well ?....... Many thanks in advance.....

Permalink Reply by Teri on August 9, 2012 at 11:54am

Some trucks came in today and took out some frack tanks, they removed all their generators and heard they were getting ready to pull into Airport Road!  Franks coming tonight to discuss getting our cows back home before they calve ..... but still a lot of speculation on things.

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