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.
JOHN%20J%20INTERVAL%20OHIO%20UTICA%20PSI%20GRADIENT%20MAP%20OVER%20...
Another map - https://storage.ning.com/topology/rest/1.0/file/get/97616115?profil...
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 Permalink Reply by Joseph-Ohio on September 23, 2015 at 5:11am
Permalink Reply by Joseph-Ohio on September 23, 2015 at 5:11am    BPW,
Wha' ?
Good luck to you and all of us friend.
J-O
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?
 Permalink Reply by John J Interval, P.G, C.P.G. on September 26, 2015 at 3:25pm
Permalink Reply by John J Interval, P.G, C.P.G. on September 26, 2015 at 3:25pm     Permalink Reply by Ken Marx on September 22, 2015 at 2:23pm
Permalink Reply by Ken Marx on September 22, 2015 at 2:23pm     Permalink Reply by Ken Marx on September 22, 2015 at 2:39pm
Permalink Reply by Ken Marx on September 22, 2015 at 2:39pm     Permalink Reply by Ken Marx on September 22, 2015 at 2:45pm
Permalink Reply by Ken Marx on September 22, 2015 at 2:45pm     Permalink Reply by Joseph-Ohio on September 22, 2015 at 11:17pm
Permalink Reply by Joseph-Ohio on September 22, 2015 at 11:17pm     Permalink Reply by Joseph-Ohio on September 23, 2015 at 11:38am
Permalink Reply by Joseph-Ohio on September 23, 2015 at 11:38am    .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?
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