EOG to do 3D geophysical survey - GoMarcellusShale.com2024-03-29T15:55:53Zhttps://gomarcellusshale.com/forum/topics/eog-to-do-3d-geophysical-survey?commentId=2274639%3AComment%3A916028&x=1&feed=yes&xn_auth=noUtica Combo Play Improves Qua…tag:gomarcellusshale.com,2023-02-07:2274639:Comment:9160282023-02-07T04:08:36.348ZTusc-county-manhttps://gomarcellusshale.com/profile/paulmartinelli355
Utica Combo Play Improves Quality of Premium Inventory<br />
395k Net Acres in High Potential Combo Play - < $600/Net Acre Average Cost of Entry<br />
Basins to Identify Potential of Utica Combo Play<br />
- ~25% Uplift in Production and Reserves from Minerals Ownership<br />
Rapidly Moving Toward Delineation<br />
- Significant Double Premium Potential Across Acreage Position<br />
- 4 Wells Completed in Last 12 Months Confirm Reservoir Model<br />
- Targeting < $5/Boe Finding Cost and 3-Mile Laterals<br />
395,000 Total Net Acres<br />
EOG…
Utica Combo Play Improves Quality of Premium Inventory<br />
395k Net Acres in High Potential Combo Play - < $600/Net Acre Average Cost of Entry<br />
Basins to Identify Potential of Utica Combo Play<br />
- ~25% Uplift in Production and Reserves from Minerals Ownership<br />
Rapidly Moving Toward Delineation<br />
- Significant Double Premium Potential Across Acreage Position<br />
- 4 Wells Completed in Last 12 Months Confirm Reservoir Model<br />
- Targeting < $5/Boe Finding Cost and 3-Mile Laterals<br />
395,000 Total Net Acres<br />
EOG Wells Legacy Wells<br />
- Leveraged Extensive Data and Technical Understanding From Multiple<br />
1 100% Minerals Ownership Across ~135k Acres in South Utica - Product Mix Averages ~60-70% Liquids Across Acreage - Acquired Minerals Interest at Low Cost of ~$1,800/Acre<br />
2<br />
Enhances Returns<br />
- Control Over Development Pace Provides Significant Upside to Value of<br />
Investment in Minerals Interest<br />
- Reservoir Model Calibrated Through Extensive Data, Including 18 Legacy<br />
Wells Operated by EOG<br />
Development Plan<br />
Miles<br />
0 25 50<br />
- Planning ~20 Well Program for 2023<br />
Production and reserves uplift is based on a 20% royalty interest burden that would have been otherwise incurred if minerals interest were not acquired.<br />
Cost of minerals interest acquisition does not include cost to lease acreage.<br />
(1)<br />
(2)<br />
3Q 202 file:///var/mobile/Library/SM…tag:gomarcellusshale.com,2023-02-07:2274639:Comment:9160272023-02-07T04:06:10.965ZTusc-county-manhttps://gomarcellusshale.com/profile/paulmartinelli355
file:///var/mobile/Library/SMS/Attachments/74/04/DA7BEE1D-0387-4C2C-A0A4-1562C7CB0D9A/EOG_1122.pdf
file:///var/mobile/Library/SMS/Attachments/74/04/DA7BEE1D-0387-4C2C-A0A4-1562C7CB0D9A/EOG_1122.pdf they are reported to be drill…tag:gomarcellusshale.com,2023-02-07:2274639:Comment:9158542023-02-07T04:01:53.862ZTusc-county-manhttps://gomarcellusshale.com/profile/paulmartinelli355
they are reported to be drilling 20 wells here in 2023<br />
<br />
they are after the oil based on the rose well drilled in NW carroll county. 27500 barrels in 59 days out of a 162 acre unit, 6000' lateral
they are reported to be drilling 20 wells here in 2023<br />
<br />
they are after the oil based on the rose well drilled in NW carroll county. 27500 barrels in 59 days out of a 162 acre unit, 6000' lateral Big insider EOG buy this week tag:gomarcellusshale.com,2023-01-20:2274639:Comment:9156042023-01-20T03:12:17.198ZRalph cramdonhttps://gomarcellusshale.com/profile/Ralphcramdon
<p>Big insider EOG buy this week </p>
<p>Big insider EOG buy this week </p> they are here. actively drill…tag:gomarcellusshale.com,2023-01-19:2274639:Comment:9157672023-01-19T03:58:02.787ZTusc-county-manhttps://gomarcellusshale.com/profile/paulmartinelli355
they are here. actively drilling holes for dynamite charges
they are here. actively drilling holes for dynamite charges According to a recent article…tag:gomarcellusshale.com,2022-07-28:2274639:Comment:9097452022-07-28T17:45:08.672ZShower Bathhttps://gomarcellusshale.com/profile/ShowerBath
<p>According to a recent article EOG has been working some rigs in the Utica oil window and feel that at todays prices and with their drilling expertise, they may be able to profitably drill and produce in the oil window. They have taken over some older wells and leases from EAP and for them to do seismic in the oil window prior to leasing would make sense. $5 per acre is/was the going price in Harrison Co. a few years ago to shoot seismic.</p>
<p>According to a recent article EOG has been working some rigs in the Utica oil window and feel that at todays prices and with their drilling expertise, they may be able to profitably drill and produce in the oil window. They have taken over some older wells and leases from EAP and for them to do seismic in the oil window prior to leasing would make sense. $5 per acre is/was the going price in Harrison Co. a few years ago to shoot seismic.</p> Nobody has a comment. Did I d…tag:gomarcellusshale.com,2022-07-28:2274639:Comment:9099452022-07-28T16:09:35.196ZTusc-county-manhttps://gomarcellusshale.com/profile/paulmartinelli355
Nobody has a comment. Did I dream this up
Nobody has a comment. Did I dream this up Nobody has heard of this?tag:gomarcellusshale.com,2022-06-28:2274639:Comment:9015542022-06-28T20:19:56.307ZTusc-county-manhttps://gomarcellusshale.com/profile/paulmartinelli355
Nobody has heard of this?
Nobody has heard of this?