Vertical wells on the way - GoMarcellusShale.com2024-03-29T12:54:27Zhttps://gomarcellusshale.com/forum/topics/vertical-wells-on-the-way?feed=yes&xn_auth=noHBP on AEP land?
tag:gomarcellusshale.com,2015-01-23:2274639:Comment:6562232015-01-23T17:41:07.186ZJames Vanderinkhttps://gomarcellusshale.com/profile/JamesVanderink
<p>HBP on AEP land? </p>
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<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/35534866?profile=original" target="_self"><img width="500" src="http://storage.ning.com/topology/rest/1.0/file/get/35534866?profile=RESIZE_1024x1024" width="500" class="align-full"/></a></p>
<p>HBP on AEP land? </p>
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<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/35534866?profile=original" target="_self"><img width="500" src="http://storage.ning.com/topology/rest/1.0/file/get/35534866?profile=RESIZE_1024x1024" width="500" class="align-full"/></a></p> Sounds like those industry gu…tag:gomarcellusshale.com,2015-01-23:2274639:Comment:6563152015-01-23T16:03:13.846ZH.W. Plainviewhttps://gomarcellusshale.com/profile/CharlesWoner
Sounds like those industry guys (probably landmen) didn't know what they were talking about.<br />
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For traditional vertical development, an operator typically needs a source rock (creates the gas), a reservoir rock (holds the gas), and a trap rock that traps the gas in the reservoir. All three things need to present themselves in a location for a vertical well to be viable.<br />
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On the other hand, shale formations are unique in that the source, reservoir, and trap rocks are all contained in the shale…
Sounds like those industry guys (probably landmen) didn't know what they were talking about.<br />
<br />
For traditional vertical development, an operator typically needs a source rock (creates the gas), a reservoir rock (holds the gas), and a trap rock that traps the gas in the reservoir. All three things need to present themselves in a location for a vertical well to be viable.<br />
<br />
On the other hand, shale formations are unique in that the source, reservoir, and trap rocks are all contained in the shale itself. This basically means that the shale is a more continuous resource. It doesn't depend on unique geological features to provide suitable locations for drilling. This is one of the reasons why the companies are able to simply stack the drilling units next to each other in a uniform patern--the geology allows it.<br />
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So the idea from the industry guys is a mediocre one at best. It would be impossible for the companies to hold all of their shale leases with conventional vertical wells. I can guarantee that the companies don't have the locations since the verticals depend on trap features, which are not as uniform and continuous as the shale. Not a lot of the lease around…tag:gomarcellusshale.com,2015-01-18:2274639:Comment:6548852015-01-18T23:59:27.030Zevanhttps://gomarcellusshale.com/profile/evanhastings
Not a lot of the lease around this area Ed. I know a bunch that are vulnerable. A lot of those people didn't use attorneys. Not that it would have helped, I know a lot of attorneys who don't know much more than I've learned on here
Not a lot of the lease around this area Ed. I know a bunch that are vulnerable. A lot of those people didn't use attorneys. Not that it would have helped, I know a lot of attorneys who don't know much more than I've learned on here Unfortunately many of my neig…tag:gomarcellusshale.com,2015-01-18:2274639:Comment:6547932015-01-18T22:26:42.534ZPhilip Brutzhttps://gomarcellusshale.com/profile/PhilipBrutz
<p>Unfortunately many of my neighbors are stuck in old Oxford leases that vulnerable to this tactic.</p>
<p>Unfortunately many of my neighbors are stuck in old Oxford leases that vulnerable to this tactic.</p> Yes I was at the Wooden Wheel…tag:gomarcellusshale.com,2015-01-18:2274639:Comment:6549132015-01-18T14:51:17.924Zevanhttps://gomarcellusshale.com/profile/evanhastings
<p>Yes I was at the Wooden Wheel Good luck with everything </p>
<p>Yes I was at the Wooden Wheel Good luck with everything </p> This should be in bold. Lease…tag:gomarcellusshale.com,2015-01-18:2274639:Comment:6548582015-01-18T14:37:06.716ZS S Chttps://gomarcellusshale.com/profile/SSC
This should be in bold. Leases are sold in a heartbeat. Sometimes you do not even know it has happened. It is all about the wording of the lease not who you initially leased with.
This should be in bold. Leases are sold in a heartbeat. Sometimes you do not even know it has happened. It is all about the wording of the lease not who you initially leased with. Hey Evan
How are you ?
Lookin…tag:gomarcellusshale.com,2015-01-18:2274639:Comment:6547512015-01-18T13:54:40.456ZJimmy Wilsonhttps://gomarcellusshale.com/profile/JimmyWilson
<p>Hey Evan</p>
<p>How are you ?</p>
<p>Looking back bud that was one of my mistakes in the leasing process I made, dam it Jim.... Ha ha</p>
<p>They talked me out of free gas for the horizontal, I get that, but I should have added free gas for any vertical producing wells. You pointed out another thing I missed. I sure missed some bone headed things, should have thought it through a bit more.</p>
<p>Were you in the little Amish restaurant ?</p>
<p>Take care</p>
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<p>Jimmy</p>
<p>Hey Evan</p>
<p>How are you ?</p>
<p>Looking back bud that was one of my mistakes in the leasing process I made, dam it Jim.... Ha ha</p>
<p>They talked me out of free gas for the horizontal, I get that, but I should have added free gas for any vertical producing wells. You pointed out another thing I missed. I sure missed some bone headed things, should have thought it through a bit more.</p>
<p>Were you in the little Amish restaurant ?</p>
<p>Take care</p>
<p></p>
<p>Jimmy</p> I wouldn't think so EWK, I'm…tag:gomarcellusshale.com,2015-01-18:2274639:Comment:6548432015-01-18T13:37:29.545Zevanhttps://gomarcellusshale.com/profile/evanhastings
<p>I wouldn't think so EWK, I'm sure once there plugged and abandoned it would be awful tough if not legally impossible to do this. I could be mistaken . The name of the company is who I have my lease with and they have been known to patrol this sight, like many other companies , so I can't really come out and say it but Bo may be close.</p>
<p>I wouldn't think so EWK, I'm sure once there plugged and abandoned it would be awful tough if not legally impossible to do this. I could be mistaken . The name of the company is who I have my lease with and they have been known to patrol this sight, like many other companies , so I can't really come out and say it but Bo may be close.</p> My friend who does title work…tag:gomarcellusshale.com,2015-01-18:2274639:Comment:6546042015-01-18T13:20:36.149ZW PAhttps://gomarcellusshale.com/profile/WPA
<p>My friend who does title work just got laid off Friday. She say's a lot of people are going to be affected in the industry if the prices stay at this price.</p>
<p>My friend who does title work just got laid off Friday. She say's a lot of people are going to be affected in the industry if the prices stay at this price.</p> It does not matter which comp…tag:gomarcellusshale.com,2015-01-18:2274639:Comment:6546622015-01-18T13:07:41.246ZPhilip Brutzhttps://gomarcellusshale.com/profile/PhilipBrutz
<p>It does not matter which company you lease with. They can sell your lease to another company. What matters is the wording of your lease, they can't change that.</p>
<p>It does not matter which company you lease with. They can sell your lease to another company. What matters is the wording of your lease, they can't change that.</p>