Comment

Comment by paleface on April 12, 2013 at 1:00am

http://www.philly.com/philly/business/20130412_West_Chester_firm_la...

Comment by Thomas Lilli on April 10, 2013 at 11:10pm

Thanks Jack.

Comment by Jack Young on April 10, 2013 at 3:06am

That's not an area where we have acreage, so I've never looked at that part of the county much. But we had a swap arranged once for OGMs at Arnot that fell through, and I remember being very favorably impressed by what I learned at that time.

And the wells I had logs for all turned out fairly poorly despite nice thick sections of Marcellus. There's so much more to these things than just the amount of shale and whether it's dry or wet that I'm just not going to try to outguess the experts. The old shallow well logs were easy - these new ones are so loaded with data that it's really hard to even show graphically.

Comment by Thomas Lilli on April 9, 2013 at 10:05pm

Jack,

What is your projections for activity in the area of mt. Top road? I am leased with ANADARKO with a piece of property just adjacent to state land about a quarter mile east of Reynolds road. I heard a unit was formed about a mile east of my area.

Comment by paleface on April 9, 2013 at 3:26pm

 Jack did the wells turn out as the indicators suggest with the logs you have ? Thank You

Comment by Jack Young on April 9, 2013 at 2:29pm

They certainly used to when the logs were much less complex. I haven't been to a PA Geologic Survey office since horizontal drilling started, however, since the new logs are too complex for a layman to interprete. The DEP and the Geologic Survey have a ton of good information, but I'd rather wait to see production than try to outguess the experts who can actually understand the log data. I have several vertical Marcellus logs here in my office, and those can be tricky enough - lots of color and shading, not the old Gamma, Caliper, Density etc logs that used to be the top of the line.

Comment by paleface on April 9, 2013 at 12:38pm

 Jack do the gas companys release the log suite info to the DEP?  Thank You

Comment by Ann Ticopa on April 7, 2013 at 3:57pm

I take exception to the "accurate" part; it is DEP data after all. (grin)  But likely worthwhile to most for whom it's a business expense.  Thanks.

Comment by paleface on April 7, 2013 at 3:57pm

http://www.netl.doe.gov/technologies/oil-gas/publications/Tech_Asse...

Comment by Jack Young on April 7, 2013 at 2:57pm

I can't remember what I paid last time around - it's less than it used to be, I know that. Regarding well completion data, some operators have always been slow to provide it, and others don't report all the numbers you'd like to have, saying they're "not available". That being said, it's the best source for accurate data.   

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