Have we finally determined what county is the sweet spot of the Utica shale play?
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Permalink Reply by shawn miller on June 11, 2014 at 5:18am Has to be trumbull or mahoning!!! At least that is some peoples opinions!
Permalink Reply by The Rooster on June 11, 2014 at 5:21am yeah, has to be..lol.
Permalink Reply by shawn miller on June 11, 2014 at 5:38am Sorry that that doesnt awnser your post but i couldnt resist. At least you seem to have a sense of humor.
Permalink Reply by bo boboski on June 11, 2014 at 7:52am Really? REALLY?
Permalink Reply by bo boboski on June 11, 2014 at 7:57am Actually, it depends on if your looking for gas,oil,or wet gases. each will be located in a different county, even down to what twp. in the county. If you atre looking for Oil,western Guernsey county may be the place, if you are looking for wet gases, east Guernsey/Noble /Harrison/Monroe, may be the place. Strictly gas, Belmont/Jefferson, & east.
Permalink Reply by Paul Martinelli on June 11, 2014 at 8:32am I would be looking for TOP DOG measured by $$$$$ per acre produced. Pure gross sales numbers per acre.
Permalink Reply by bo boboski on June 11, 2014 at 10:38am Good idea ,Paul. May even have to consider "per well'. since some pads may have 18 wells,in 3 formations. Then some laterals may be 3500 ft. some 11000 ft. Seems to me, the closer you get to the oil window,with still some wet gases, would be a likely spot. Oil @ $100.+ per barrel.
Permalink Reply by jason irvine on June 11, 2014 at 2:00pm
Permalink Reply by searcherone on June 11, 2014 at 3:10pm How about dollars produced by 1,000 ft of lateral? That would make it a standard measurement and more comparable. That would equal a more realistic figure because the laterals vary so much in length from well to well.
Permalink Reply by Paul Martinelli on June 12, 2014 at 1:41am it is all about $$$$$$$$$
If I have an acre that has 3 laterals under it, from 3 formations, or 1 lateral from 1 formation......which acre pays the most is my TOP-DOG candidate......."1, 2,3,....the world may never know"
The issue with mmcf per foot is we don't know if that number would remain the same for another X amount of feet.
You could be in the hottest shale ever, and then 1000 feet later hit a dry area.
So you have could a 1000 foot lateral kicking out tons of product, and then have the 2ed half kicking out nothing.
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