Artex to drill shale wells in Muskingum and Noble counties.

In 2019 we began two new 3D seismic shoots, each of approximately 10 sq.miles: the Meigs South and the Brookfield East. We plan to drill a well in each of these 3D areas to prove out our significant scientific research.

The four fundamentals to our approach are:

  • Using our unique subsurface understanding, locate wells in structurally superior positions where organic content is greatest

  • Utilize 3D seismic to drill laterals in the target zone where hydrocarbon saturation is greatest

  • Drill longer laterals with optimal completions

  • Team with a midstream partner for infrastructure buildout

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Permalink Reply by Blueflame_02 on September 3, 2019 at 7:44am

Good to see these guys giving this a shot. Artex has always made some pretty sound investments - can't wait to hear how they do. 

Permalink Reply by bo boboski on September 3, 2019 at 8:04am

Artex has a lot of old Clinton wells. if they have the deep rights,their leasehold in these areas may be impressive.

Permalink Reply by James Vanderink on September 3, 2019 at 1:28pm

AEP acreage Bo

Permalink Reply by Blueflame_02 on September 4, 2019 at 2:44am

Artex was one of the largest O&G producers in Ohio before the Utica came along. I'm sure the majority of their leases in Guernsey, Muskingum & Noble all mostly not limited to specific depths. 

Permalink Reply by shakeshale on September 4, 2019 at 3:15am
Surface to Center
Permalink Reply by Bluejack Farms on September 4, 2019 at 1:03pm

https://www.artexenergy.com/our-approach

The Texans shot high. Should be like shootin’ fish in a barrel now. Lol.

Permalink Reply by Gary Castellini on September 7, 2019 at 2:56pm

Keeping the bit in the pay zone should help out, but the area is under pressured. Decline curve is too great for any of the real shale operators to have interest. Best of luck to Artex though. 

Permalink Reply by Gary Castellini on October 9, 2019 at 11:59pm

Just SE of The Wilds

Permalink Reply by Joe C. on January 28, 2020 at 2:09am

Brian, It is for Utica if you look where the Utica sits. The Utica sits in the group of the Trenton and Point Pleasant depth.

Permalink Reply by Jonathan Blair on October 23, 2019 at 7:30am

10/18/2019 NOBLE BROOKFIELD 34121246490100 Permitted ARTEX ENERGY GROUP LLC BROOKFIELD-NO-15SE 1HPA

Looks like it is permitted.

Permalink Reply by James Vanderink on November 14, 2019 at 8:13am

Permalink Reply by Joseph Robertson on November 15, 2019 at 5:56pm

Where did you obtain this information.  I've been monitoring the ODNR  Shale Well Drilling and Permitting, but they seem to update new permits the first of the week.

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