3rd Qtr production reports updated - Chevron Kinsey wells much better

the ODNR updated the Q3 production report...........the most notable difference is the only 2 Chevron wells with Q3 production.......Kinsey wells..........they both show greater production as well as less days producing than the original report.

they went from about $17,000 and $18,000 per day, to $26,000 and $29,000 per day - pretty significant difference.

And pretty darn good production considering these laterals are on the shorter side.

.......that is, if the ODNR report is accurate this time.

http://oilandgas.ohiodnr.gov/production

 

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Replies to This Discussion

Permalink Reply by Greg Hamilton on February 15, 2014 at 1:49am

Great news!

Permalink Reply by bo boboski on February 15, 2014 at 3:45am

As the infrastructure is completed, you'll see better & better production reports. It will be nice when they can sell EVERYTHING that comes out of them thar holes.

Permalink Reply by Greg Hamilton on February 15, 2014 at 6:53am

!!!!!$$$$!!!!

Permalink Reply by Booger on February 15, 2014 at 7:39am

 these are really good numbers with laterals at 3,600 and 4,600.....and kindof on the west side of most of the action, darn near tusc........good to see chevron succeed.......wonder how they will treat landowners with royalty.

Permalink Reply by HarrisonCoBuckeye on March 9, 2014 at 5:12am

I know some neighbors that have a piece of them pies and they seemed happy enough with their royalty checks.  Both were HBP so they just are getting 12.5 net.  They indicated that they pretty much got more that the old Clinton provided.  They will have more acreage in once Chevron comes back and drills other legs.

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