BP Appraisal Wells For 2013

I know of a few locations for the planned "appraisal wells" that BP is planning for 2013.  Vienna, Hartford & kinsman.  Does anyone know of other locations and if they are only vertical for test - can they be drilled horizontally for production later? Thanks in advance for anyone willing to help us learn.

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Permalink Reply by Robert Bond on June 11, 2013 at 3:19am

Is this public information that Halcon expects to lose $8million on the Kibler well.  This is the first I have heard of this.  Are the companies further south in Harrison Co. also lossing this kind of money on wells?

0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on June 11, 2013 at 3:22am

I modeled the Phillips 1H in Mercer County.  1.45 BCF, 50,567 bbl. oil, 101,134 bbl. NGL over 20 years.  I was generous with the decline as well as pricing.  It would be a very nice well for a landowner and a very not so nice well for the operator. 

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