Replies to This Discussion

Permalink Reply by Jeanette Krunich on May 30, 2012 at 12:35am

Not sure,  but maybe Moorefield Twp, Harrison County?  Gulfport has two test vertical wells permitted.

Permalink Reply by bo boboski on May 30, 2012 at 6:32am

Maybe the verticle test well is complete, now maybe they"ll plug it back to the utica shale n bring in a bigger rig to drill the lateral leg ?  they initially had a verticle test well permit, then got a horizontal permit. same thing eclipse did at the miley well south of senecaville. big rig in there now from antero  doing the horizontal.  IMO.

Permalink Reply by bo boboski on May 30, 2012 at 10:11am

Another possible reason for the rig leaving; they may have reached their target depth with the lateral and are now waiting for it to be fracked?

Permalink Reply by Philip Brutz on May 30, 2012 at 9:30am

Gulfport Energy Corp.- May 9,2012 conference call

Gulfport completed leasing of 125,000 gross Utica Shale acres last quarter. The company hit total depth and has set pipe on their Wagner #1-28H well at 8,673 feet vertical depth with an 8,143 foot lateral. The company intersected a 123 feet of thickness in the Point Pleasant formation. GPOR has two rigs running and are drilling two "curve" sections on two wells as we speak. The target is to spud 20 wet gas Utica wells this year. The team will start unfracing the Wagner well next week.

Gulfport has adopted a procedure for a 60 day "rest period" for all their wet gas wells in the Utica. Gulfport says that due to the low water saturation of the shale that letting the water slowly disperse and dissipate prior to flow testing has permanent benefits. They point to Chesapeake's Buelle #8H well as the poster child for this procedure and note that the Buell well improved greatly by being shut in.

Gulfport remains high on the merits of their Utica acreage and stress that not all Utica acreage is created equal. Mark West is laying pipe at present and there should be no waiting on midstream facilities. Gulfport stated that Ohio will be a future operational emphasis of the company. Based on lines drawn by Chesapeake Energy, Gulfport's acreage should be 17% in the dry gas window, 73% in the wet gas window and the remaining 10% in the oil window. The company is still leasing in the Utica. Their current rate is $6,000 per acre and their weighted average is $3,000 per acre. During the question and answer period of the call Gulfport stated that the Wagner well had "wonderful shows" during drilling and that the permeability test was excellent but that they are still in the 60 day rest period. The dry gas window will probably have a 30 day rest period, the wet gas window 60 days and the oil window a 90 day rest period. Thus most of the Gulfport wells will have a 60 day rest period. The company further stated that they are learning from the experience of others.

The company thinks they will have 10 wells producing at the end of the year. The basic schedule is it takes one month to drill a well then one month to frac the well and two months to rest each well. Again the target is to spud 20 wells this year. Additionally Gulfport is developing an oil terminal on the river that will be scalable to other producers. Gulfport also pointed out that the state of Ohio production reports for Chesapeake's Buell well (which is just north of Gulfport acreage) does not include the natural gas liquids. The two wells currently being drilled will both have laterals of 7,300 and 7,700 feet.

Permalink Reply by bo boboski on June 4, 2012 at 11:03am

the well is drilled, waiting to be fracked. they went 7300' verticle, 5400' lateral. the rig is gone. they are currently fracking a well in harrison co. takes 3 weeks mol,to frac. then 60 days to set idle for flowback & flaring. then we'll see what we have in these here parts!

Permalink Reply by Jimmy Wilson on June 4, 2012 at 3:35pm

You seem a little bitter Bo, just my take, relax a bit.

Drove by the Boy Scout today, heard they were getting ready for Frac, Sight to see, Haliburton had a fleet of trucks in there, starting the frac tomorrow at sun up is what a pipe guy told me, impressive site !

Big, well laid out and crazy the pumps they had to pump water from Clendenning Reservoir up to the well pad , giant trailers plumbed into about an 18 inch rigid pipe for what maybe a couple miles ?? crazy

 

Good luck to them and the geology for the rest of us

Permalink Reply by bo boboski on July 8, 2012 at 1:22am

Drove by well this am. looks like the fracking is done, but have'nt set up the flare pipe yet.  watching for the sky to light up soon!  Looks like the production unit is only 167 acres for now. only invoves a handfull of landowners who will get royalties.  according to the unit map on the ODNR site. They wont be able to hold the rest of the surrounding leases by production unless the change it to 640,or 1280 unit. Or come back & drill some more laterals before the leases run out?

Permalink Reply by bo boboski on July 11, 2012 at 10:39pm

Flare pipes are up. flame coming out.

Permalink Reply by Robert Bond on July 12, 2012 at 12:49am

Great news please keep us posted,  Thank You!!

Permalink Reply by Paul Geiger on July 16, 2012 at 1:19am

My son  Chris took the kids for ice cream on Rt 22 last night , told to look at the flare coming out,   just a few tanker  trailer that's all .

Permalink Reply by bo boboski on July 18, 2012 at 10:08am

flare pipes are gone. christmas tree is set. I figure it's gonna be just shut down for 60/90 days now before production.

Permalink Reply by Paul Geiger on July 18, 2012 at 12:11pm

Thanks

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