ODNR Production Report

  Hello all, O called the ODNR at about 9:45 AM they are in the process of a meeting about it now. They had a few discrepancies in the data and had to verify what they were looking at. HOWEVER I WAS TOLD IT WILL BE POSTED TODAY !

 In other news http://www.zanesvilletimesrecorder.com/article/20120402/NEWS01/2040... 

These companies have done two-dimensional and three-dimensional seismic surveys, paying literally $40,000 per square mile," Arnold said. "Their maps are much more accurate and very proprietary."

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Permalink Reply by time will tell on April 3, 2012 at 1:14am

They choke back the wells to make them last and to keep them from loading up with fluid .

These kind of wells do not have a pump jack to keep the fluid in check , the weight of the fluid would load the well up after time .

Permalink Reply by Kathleen on April 3, 2012 at 3:11am
In this artical a geologist from YSU states they aren't choked and are running full steam. I personally have no idea I just thought I would share the link. Otherwise the artical is positive and leans towards what I believe, the companies are investing here for a reason.
http://www.vindy.com/news/2012/apr/03/the-shale-scale/
015334grltd9mPermalink Reply by 015334grltd9m on April 3, 2012 at 1:21am

Now you guys are talking!  I believe the first figures last year, scaled by the day not by a six month period with an on and off valve.

Permalink Reply by Bluflame on April 3, 2012 at 1:56am

  I do not claim to be an expert, but I see reason for optimism rather than pessimism in the ODNR reports coupled with CHK's response. I recall Aubrey McClendon's assertion from last fall that the Utica Shale will be "similar to but economically superior to the Eagle Ford". I see nothing that changes that statement.

BluFlame

Permalink Reply by Bluflame on April 3, 2012 at 5:03am

DBD,

   In what county and state do you live?  Hopefully, the well you describe is on your property! If so, maybe you'll soon be lighting cigars with $100 bills!!!

BluFlame

Permalink Reply by Bluflame on April 3, 2012 at 7:07am

DBD,

   Good luck getting into a unit. You must be near the new CHK gas processing facility site. I have property in Belmont County leased to CHK. No drilling activity yet, but the fat lady seems to be warming up!

BluFlame

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