Replies to This Discussion

Permalink Reply by Finnbear on April 12, 2012 at 4:36pm

Watch this video for a better idea of how horizontal drilling is done

http://www.youtube.com/watch?v=AYQcSz27Xp8

Permalink Reply by Finnbear on April 13, 2012 at 1:28am

Every well has its own permit. There are 2 permitted on the 701 pad and 5 permitted on the 702 pad site.

Attachments:

• Utica_weekly 4-1-12.pdf, 46 KB
• Whitacre wells.pdf, 156 KB

Permalink Reply by Finnbear on April 13, 2012 at 2:02am

Plat maps for the 2 newly permitted wells on Unit 701

Attachments:

• Whitacre221876.pdf, 1.4 MB
• Whitacre221877.pdf, 1.4 MB

Permalink Reply by Sam Moore on April 13, 2012 at 5:16am

Those are great.  Any chance you have a plat of unit 702.  I can sit on the deck and watch them building the pad for 702 but am not for sure if it is going to hit me very much if at all.

Permalink Reply by Sam Moore on April 13, 2012 at 9:42am

No, Randy is east  of the 701 pad and I'm west of the 702 pad.

Permalink Reply by Finnbear on April 13, 2012 at 10:39am

The plats for pad 702 are not online with ODNR yet. Since the permits were just posted last week, it may be a little while before the plats show up on the website.

Permalink Reply by Sam Moore on April 14, 2012 at 3:31am

Yes you are correct Randy is west of 701 and I am east of 702.  I have the farm next to Randys dad on Straightfork.  As to what the well is producing it varies with who you talk to from dry gas only to 300 barrels of oil a day.  Until they get a line in to move the gas and start sending out royalty checks no one is going to know for sure what it is doing.  Dom. is taking some gas but won't take it all.

Permalink Reply by Finnbear on April 14, 2012 at 6:51am

More like 3-6 million to put one in production.

Permalink Reply by Sam Moore on April 14, 2012 at 3:34am

Thanks Finnbear

I know seeing it on a map is not going to change anything but with it so close it does have me very interested and 703 looks to be even more promissing.

Permalink Reply by Sam Moore on April 16, 2012 at 2:17am

702 is located in Section 23 between CR 14 ( Long Run) and TR 280 ( Straightfork Rd)

703 is going to be in Section 18 between TR 280 and CR 12.  This would qualify as rumor at this time as no permits have been pulled.

Permalink Reply by Tom L A. on April 14, 2012 at 10:05am

I can assure you guys that the money that was spent on the first whitacre well approached 8 figures, if it didnt hit 8 figures...this was of course due to sidetracking that had to be done.

Permalink Reply by Finnbear on April 15, 2012 at 11:13am

They lost the lateral twice when drilling and the 3rd time drilling it they finally got it right.

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