Replies to This Discussion

Permalink Reply by GEOMAN on March 28, 2013 at 1:31am

I am not surprised at all with the core/cutting results from this area.  THe TOC looks good, the calculated Ro supports oil; however, I think the issue remains reservoir pressure.  I do think in the future the Point Pleasant will be drilled again but with current technology it may be a few years.  One well does not condem an entire area.

Permalink Reply by 0i7okn54zwbdo on March 28, 2013 at 2:37am

High TOC is a good starting point but as you know that's only a small piece of the picture.  It's like saying that the Dow is up so the whole economy is doing well.  There's more to it than that.  I suspect you know that, too.

Permalink Reply by 0i7okn54zwbdo on March 28, 2013 at 8:27am

You don't get a good look at the Utica/PP on the way down.  You get a sampling of geologic data that everyone already has. 

Permalink Reply by GEOMAN on March 30, 2013 at 11:23am

I disagree with you Marcus, as a geologist, any time you penetrate a formation and are able to collect data you are gathering information not available to the rest of the industry.  There is always information that is collected that is kept confidential to the companies operating the wells.  Also, because the seismic is specifically looking for Knox, does not mean a lot of great data will be collected for the Utica/PP and this is data that will not be shared with the industry!

Permalink Reply by 0i7okn54zwbdo on April 5, 2013 at 6:34am

Then they can lose 4x as much money as you initially thought.  Good deal.

Permalink Reply by Jim on November 23, 2013 at 6:09am

Two new well permits for Ashland County along State Route 71 near the truck scales.  MFC Drilling is drilling a well just east of Rt 71.  The rig can be seened from the Highway.  The well card indicates a depth of 4500 feet.

These well depths are deeper than the wells drilled by Devon.

Nothing exciting at 4500 feet, except other wells in the area are producing oil at 820 feet.  30 Barrels/year.  Other wells in the area are only 2400 feet deep. 

The other well location that has been permited is just west of 71 and the scales.  Also permited to 4500 feet.  Could these well be looking for oil in the Kitchen?

Using the ODNR well locator map, look for well number 24171 and 24172.  I-71 splits the two.  The truck scales is about 6.5 miles north of Rt 250.

Permalink Reply by dan gladyszewski on November 24, 2013 at 2:25pm

Jim, they just did seismic testing in the area this summer. Makes me wonder what they may have found. Yes, there are plenty of wells in the area, and I agree, none are that deep. Could be exploratory holes, hopefully we'll findout. I have friends in the area, maybe they'll be able to get more info from their neighbors. Amazing, that is deep though.

Permalink Reply by 0i7okn54zwbdo on November 24, 2013 at 5:35pm

4,500' is the Trempeauleau.  

Permalink Reply by James Vanderink on November 26, 2013 at 12:35am

Marcus, I see that MFC is drilling quite a few Trempeleau wells lately in Knox, Huron and Ashland. Is this part of the MFC/Abarta joint venture?

Permalink Reply by James Vanderink on November 26, 2013 at 12:52am

Permalink Reply by 0i7okn54zwbdo on November 26, 2013 at 4:40am

Yes.

Permalink Reply by James Vanderink on November 26, 2013 at 8:10am

Let's hope for something similar to their Warrior South Project.

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