Permalink Reply by Paul Martinelli on April 27, 2012 at 5:53am Jimmy....if you can say how you are "well connected" that be great....you can be our pipeline!
Permalink Reply by TM on April 27, 2012 at 6:25am Jimmy if they drilled the horizontal too low in the formation like you said that would show the low numbers. So you are saying this well is doing 200 barrels a day in production? Imagine what could of been if they did the horizontal right like you mentioned. I believe when the techniques improve so will the BOE a day numbers in my opinion, I too dont believe Consol will get 7 wells this year. Where is Hess in this JV they have done nothing so far? Is this well producing any NGL's or just oil?
Permalink Reply by Jimmy Wilson on April 27, 2012 at 2:33pm Gents, again, What I tell you is pure rumor, however, 80% spot on since the Buell Well...
I have heard that EVEP , Chessy and Consol on this one are having a tough time figuring out the completion (fracking) techniques that seem to be the ticket here (In the Oil window).... again pure speculation and I am passing on what I hear.. I like Consol and wish them well, not bashing them
Hess has done nothing, that is fact, I heard they had title issues on some of the legacy ground from Consol... that is rumored
Talk about a crazy rumor..... had a guy tell me the other day, Hess was looking for the exit here on the whole play... who knows.. weeding through the BS to get to the truth is tough.. good luck guys, good luck to Consol too
Permalink Reply by Finnbear on April 27, 2012 at 4:17pm I was told they used "foam" in the fracking of the Troyer well and also the Portage county well by Congress Lake and that neither one worked out well. Don't know how much truth is in this but it is what I was told.
Permalink Reply by JR on April 27, 2012 at 4:28pm Again, sounds like they are working through the geology of the play. No matter what today says, seems like it's a trial and error thing right now. Let's hope they get it figured out. No one has come here with blinders on...It's just figuring things out.
Permalink Reply by Jimmy Wilson on May 11, 2012 at 6:43am Hey JR ? Are they flaring that well, get back to me, thanks
Jimmy
Permalink Reply by JR on May 11, 2012 at 7:07am
Permalink Reply by Jimmy Wilson on May 11, 2012 at 8:42am Ya, that's what I thought, looks like that one turned around a bit for them, heard some info on it this am, you notice more and more folks referring to a waiting period to allow some of the frac fluid back in the formation and the hydro's will actually switch place with them.
Will give you the scoop when I hear the numbers.... supposed to get back to me today
Thanks bud
Permalink Reply by JR on May 11, 2012 at 8:48am Cool thanks. My buddy also said lots of flaring and a pumpjack on site = oil. His business is very successful and well-placed in the Hess/Consol venture, and he was gangbusters positive about this whole deal. Keep us posted.
Permalink Reply by TM on May 11, 2012 at 9:04am I am really interested in seeing the numbers for this well. Must be some thick crude to keep flaring for as long as they have.
Permalink Reply by Jimmy Wilson on May 11, 2012 at 9:43am It's not thick crude, extreme thin too be exact, same thing Anadarko has in Noble, just the science on the completion is what is gonna take a while to figure out the best techniques, the clay swells on the frac and then if you flow it too soon you can hurt the volume to the well bore, they all are figuring it out.
Listen to the Enervest conference call this week and listen to John Walker talk about it and you will understand it better
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