Utica Shale: 57' of Point Pleasant Found at the JB Hayes Well in Athens County

 

https://wunderlich.bluematrix.com/sellside/EmailDocViewer?encrypt=5...

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Permalink Reply by Ann Sowers on September 16, 2013 at 5:59am

I run the Southern Athens County Landowners Assoc. If you have land with mineral rights in Athens Co. Please contact me.

Permalink Reply by Josh on September 16, 2013 at 7:44am

Can you say what kind of offers people are receiving to lease there minerals?

Permalink Reply by Ann Sowers on September 16, 2013 at 7:58am

My group has not received any offers. as of yet.

 

Permalink Reply by BirdDog on September 16, 2013 at 12:29pm

I saw this article. We are getting close...just a matter of time, in my opinion.

Permalink Reply by BirdDog on September 16, 2013 at 5:25pm

The specifics of this well bode well for Athens County. This article does not share the specifics, unfortunately.

015334grltd9mPermalink Reply by 015334grltd9m on September 17, 2013 at 1:44am

Follow the money, where they invest, they are backed with much,much more research.

Permalink Reply by Brian Powers on September 17, 2013 at 2:12am

BD-

I agree with your comment about lack of specifics" 57' of rock in a near vertical well is far different than 57' in a higher angle well; it's a simple trigonometry calculation.

 

Brian

Permalink Reply by Markus on September 17, 2013 at 5:11am

Hey Brian - 

I think I read a post by you a while back that said something along the lines of 50ft thickness probably being enough for a horizontal run.

According to the Wunderlich report, the Point Pleasant was at 57 feet in thickness with the Utica at 144 feet in thickness at the JB Hayes well site.

Is it fair that this is indeed thick enough for a horizontal well and that it is reasonable to couple the two formations into a total 'drillable' thickness for the two formations at that location to be 201 feet?

Thanks - 

Permalink Reply by Brian Powers on September 17, 2013 at 6:31am

Markus -

When horizontal drilling became more popular  in the U.S. in the mid '90's, operators in Central Texas were horizontally drilling into a 10-20 ft. thick oil rich Austin Chalk formation. Their biggest challenge was geo steering and keeping the bit in the formation. So the 201 ft. thickness in the two zones would likely be drillable; geosteering and keeping the hole stable enough to run a production liner would be my two principle concerns.

 

Brian 

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