Amended Abel G North, Antisdel M, Molly J South, Thall, Janet North, Felter SW, Duffield South, Mel, Felter SE, Foster North, Alton, Lattimer, Rose, Rossi, Floydie SW, Laurel, Roundtop, Yencha, Welles 2, Shores SE, Rocks South, Rocks North, Dunham, Floydie SE, Ward, Nichols West, Pruyne,Warner Valley, Harnett R, Upham R and Walters J units.
 Added eastern half of Tama North back in.
 Added Gypsy Hill - Eastabrook unit

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Wayne miller do you know exactly how many well are now drilled in bradford county? 

 There are currently about 650 units defined in Bradford Co. Many of them have more than one well. A few units of TLM were defined before wells were drilled. 610 wells were reported as producing to DEP for the last half of 2012.

The production data is located here. DM - This will also answer the question about East Smithfield well production.

https://www.paoilandgasreporting.state.pa.us/publicreports/Modules/...

Anyone know on Smithfield Twp production results. . good bad ??

T

Wayne,    Thanks as always. Your keeping track and reporting here is so generous. Amazing is all I keep saying, Bradford County Jan 2008 to now. A good source rode an elevator with a Chesapeake geologist Oct 2008, a PA energy convention focused on Marcellus potential. My source gently asked what do you think if Bradford county? He lite up excited and said he has just reviewed a well log there (Evanchick we deduced) and it was the best log he had seen in PA, covering all the legacy well logs up to that date,  that penetrated the Marcellus, which is over 1000+ well logs. Though few in the far NE - Bradford, Susquehanna, Wayne, had a total of approx 8.  He started asking more questions and the geo-guy caught himself and said he couldn’t say anything more.

 

Same when a consortium stared corralling data, gascos would pay 450k to be involved and had to contribute 2 comp0lete logs + other scientific data on 2 area wells. In return the gasco would get all the others data. I think 15+ gascos participated. The results are confidential otherwise at lest for a period of a few years. The “word” was the Southwestern Herrick Township, drilled march 2008 was the best looking log of all the submissions. That was as of summer 2009.

 

Cabot and Range Resources both reported great indications on their 1st wells, Feb 2008.   

Draw a line from the 1st Cabot well in Susquehanna County to  the 1st Range well in NW Lycoming, and the line goes directly through Wyalusing. It was widely known from long before 2008 that the primary geologic trend  in NE PE is SW to E NE.

 

And that says it all. Except, back then the hope was for 5 BCF lifetime and in the core of  cores it iss looking 10+ bcf lifetime. At an energy conference I heard a Statoil exec say the economics of the best line in NE PA has the best gas economics of any energy find in the world.

Amazing.

 

 

Very interesting, as time goes on what the gas cos "knew" is being exposed, but the drillbit tells the tale.

We hear lower Wilmot is coming in strong, but have no idea  just were/when gathering is complete. Have friends there. Might you know, if for exampl, Mobear, Circle Z or Circle H , Hattie, are producing?

 If the gascos knew in 2007, 08, where the core was, anything could have happened with gas at a 5-10$ backdrop. Their job is to acquire land that can produce for the best price they can, the same as any industry. In Auburn township summer 2007, a group's bid was 45$ / a, other bidders with shale experience just wouldn't bid $50 and win it. Today if there was a contigious mass of 20,000 acres there, I think they might get $20,000 bonus or more. Though in a part of Susquehanna County there was a small group, fall 2009, that leased for $5900, but now none or maybe 5% has gas. It doesn't all go the gascos way. 

When a rich gold vein is found in Bradford, we are now  prepared! 

no pipeline to Hattie yet, Willdonger pipeline just complete. Pipeline to Hart just getting started.

Lucarino had a 22 mmcf/d ip (Chief well next to the messersmith in the string), Bkt and CDJ are next in the string getting 6 wells each, finishing up in October.     Wells should be huge, 10 EUR easy.   Wyalusing South through Mehoopany/ Meshoppen is definately the best geology In the Northeast.  Wells in the core of the core, pay off a  6.5 million dollar well in 9-10 months.  The only reason companies aren't running more rigs up here is because the pipeline cos can't build takeaway capacity fast enough.. 

In Their own words...   Jeff Mobley of Chesapeake at Global Oil and Gas conference a couple months ago

On the Marcellus Shale – advancing the slide here, on the Marcellus Shale here, this continued to be an outstanding asset for us. Our growth in the play will be limited by takeaway capacity. We did get an uplift as new infrastructure was put on line late last year, similar amount of infrastructure will be added by the end of this year and that will be another step change in our production profile from the play.

We’re focused on two areas, the northern portion in the play, largely in Bradford, Susquehanna like Wyoming County as well as in the southwestern portion of the play. And what I’d like to highlight here is the northern portion of the play where we’ve recently sold some acreage and I really kind of highlights what our opportunity set is for the entire company just in this one microcosm of the map.

But what we’ve outlined in this play is – a green outline that we call the core of the core, it’s an area where we’ve drilled dozens and dozens of wells and we’ve achieved about 10 bcf on average. These are wells that can generate a 100% rate of return, very, very predictably. We’ve largely held that core of the core by production and we have about 100,000 acres in some of the best shale gas rocks in the world frankly. We have a thousand locations or more remaining in the play and that’s more than a 10-year inventory. And that’s where most of our rigs, if not all of our rigs, will be focused in this play going forward. And the growth will only be limited by infrastructure.

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