Time frame for drilling AFTER seismic testing???

Just wondering does anyone know the "average" time frame between the end of seismic testing, and the possibility of the actual constructions of the pad, the well, etc.?

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0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on January 8, 2014 at 10:58am

Last year there was a lot of seismic activity here in Mahoning county and there has been no drilling done as of yet.  It has much more to do with capital allocation than anything else.

Permalink Reply by Mark McGrail on January 8, 2014 at 11:19am

Halcon spent a lot of money on seismic in SW Trumbull and NW Mahoning last year. From what I read the drilling program will be very limited. As Marcus stated; use of seismic data many times is connected to capital available to the company.

Seismic data does not go stale so there is no rush to use it. The answer to your questions is that there is no definitive answer.

Permalink Reply by gary SWF on January 8, 2014 at 11:41am
fudd54,.......
To me you are skipping a step....1.) seismic testing....to determine if there may be proper structure to warrant drilling......... 2.) Infrastructure plan and build out of processing (mid stream) equipment. .........3.) Production drilling.............what is the status of number 2.) in your area?......... Also to me it is the real deal when you see #2 taking place......

,.....All IMHO

Permalink Reply by fudd52 on January 8, 2014 at 11:51am

Thanks Marcus, Mark, and Gary for your answers...

Permalink Reply by Tom Driscoll on January 9, 2014 at 1:12pm

I am in Carroll Co. and it has been a little over a year since the testing. They applied for and got the drilling permit Dec. 26 and who knows when they will drill my well but I think it will be this spring. Hope this helped a little.

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