I just want to be clear that this is a map I made using the ITG information as a base map. I would be happy to discuss my findings.
Good luck to you and all of us friend.
John J Interval:
Nice post - thanks. I know the PP/Utica thins as you head south into Athens and Meigs counties but your conclusions do kindle a bit of hope for those in far eastern Athens county and the east half of Meigs county. Would you concur? Perhaps the last area to be drilled but still some hope as technologies improve and the easy stuff is already extracted?
.6 pressure gradient or thermal maturity/Ro?
Joseph--Storing the oil till later? I hear that all the time from landowners who don't understand the economics of oil production. So you've spent $8-10 million to drill and complete a well that found oil, but you aren't going to produce/sell the oil while you wait for higher prices? No one does that. The sunk costs and opportunity costs are too great. If they were just going to sit and wait for higher oil prices, why spend the $8-10 million to drill the well now?