2012 Ohio Utica Results
and here they are.......what y'all think?
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Permalink Reply by Booger on
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here is the spreadsheet again with daily avg's for oil, gas, and $$$.
Money numbers are not completely accurate but should be somewhat close.....used $95/bbl oil.....used $4/mcf gas.
---cant get attachment to stick....!!?
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Permalink Reply by Michael Metzinger on
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State says Ohio Utica shale to produce "staggering" amounts of oil,...
Utica shale wells made up one-half of 1 percent of all oil wells in Ohio yet produced 12 percent of all oil in the state and 16 percent of its natural gas. Just three Utica shale wells produced for 300 or more days last year.
"We believe the Utica shale is the real deal," said Jim Zehringer, director of the Ohio Department of Natural Resources.
Sounds good to me!
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Permalink Reply by Booger on
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this one has $$ numbers added for the total year per well......
(also removed the previous company totals -flawed calc)
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Permalink Reply by Joseph-Ohio on
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Watched the whole thing.
I'll be more impressed when the activity box (shown on their slides) grows to encompass the rest of the Utica Play including the northern tier and of course Ashtabula County.
They say the best is yet to come.
Put the pedal to the metal and bring it on.
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Permalink Reply by Booger on
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yes that boy scout well looks good........only produced 32 days last year, but WOW.
also notice the decline in the Buell.
Buell 2011 (198 days) averaged 68bbl/day and 7,694mcf/day
Buell 2012 (341 days) averaged 29bbl/day and 4,861mcf/day
...still not too shabby.....ten to fourteen million(ish) dollars, in less than 2 years.
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Permalink Reply by Billy Park Whyde on
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Last I heard unless I missed an update the Buell Well was in deep trouble in law suit where the lease the coal mine operators had flipped to CHK had expired before CHK took it. Any follows I missed on this?
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Permalink Reply by Booger on
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Of the 13 wells that show over 200 days of production, the top 5 are;
Burgett 8-H .......................Carroll co Center twp - CHK
Kenneth Buell 8-H .............Harrison co Archer twp - CHK
Frec Nobl Brookfield 3-H.... Noble co Brookfield twp - Anadarko
Frec Nobl Sharon 1-H ........Noble co Sharon twp - Anadarko
Nac Gas Unit B 3-H ..........Jefferson co Wayne twp - Hess
Of the 25 wells that show 100 to 200 days production, the top 5 are;
Wagner 1-H....Harrison co Athens twp - Gulfport
Coniglio 6H.....Carroll co East twp - CHK
Brown 10H......Jefferson co Brush Creek twp - CHK
Snoddy 1H.....Carroll co Lee twp - CHK
Cairns 5H.......Carroll co Harrison twp - CHK
Of the 19 wells that show 25 to 100 days production, the top 5 are;
Boy Scout 1H.........Harrison co Nottinham twp - Gulfport (by a huge margin)
Sanford unit 1H.......Noble co Buffalo twp - Antero
Ayrview Acres 5H.....Columbiana co West twp - CHK
Walters 8H..............Carroll co Perry twp - CHK
Houyhouse 8H.........Carroll co Lee twp - CHK (followed closely by the Houyhouse 1H and Houyhouse 6H)
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Permalink Reply by Kathleen on
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During my first glance, I noticed the longer the wells are in production the lower the barrels overall are. One has a high oil count, but was in production for 4 days. That makes me wonder, what would the numbers be if that well had 120 days under its belt?
The numbers still look good though :0)
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Permalink Reply by Booger on
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anything under 20 days is likely just flowing back..then likely waiting for pipe.....but a bunch of goods during flowback is not a bad thing.
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