Devon and the Ashland, Medina Counties wells.

The areas that Devon has recently drilled in Ashland and Medina Counties, and now stating their results disappointing, were not those areas mapped as "immature" in the initial, if you will, ODNR mapping?

So, Devon is not really disappointed in their drilling so much as they are in taking the chance that maybe those ODNR maps may have been wrong?   Maybe they had their hopes a little too high?

I realize that's a very simple outlook, but could that be the crux of it?  Yes?  No?

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Replies to This Discussion

Permalink Reply by Jim on August 22, 2012 at 5:04am

A well located in Marion County, south of the City of Marion was in production from 1978 to 1988 and produced around 142,000 BBO/oil and was only drilled to a depth of DTD 2402 feet.  API well number 34101201160000.  A second well close by was drilled to a DTD of only 1821feet between 1981 and 1995 and had production of around 23,000 BBO/oil.  API well number 34101201320000.   I would guess that if oil does not come to the surface on it's own from pressure, there are other ways to remove it, waterflooding, steam etc.  Devon uses steam in Canada.  Not all wells can be as lucky as Jed Clampett's.

Permalink Reply by Jim on August 22, 2012 at 8:33am

Corretion on this post.  My figures are for total production not BBO/oil, which is annual production.

Permalink Reply by Billy Park Whyde on August 22, 2012 at 3:34pm

Well   API # 34089257140000 took less than two weeks to complete  ten years produced 253084 BBL/Oil depth 4056 to 4153 Rose Run formation. 

With new seismic testing and interest it would not surprise me that they are looking a bit harder at everything not just Utica!  

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