CONSOL's Pickle Picture
http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NTE4MzUw...
Consol has a new presentation on its investor relations site. From a Barclays presentation dated 9/12/13.
Page 20 has an interesting take on the "sweet spot".
The graphic is enclosed in case my link doesn't work.
Views: 6589
- Attachments:
-
-
image.jpg, 232 KB
-
Replies to This Discussion
-
Permalink Reply by farmgas on
-
Very interesting report, JR! What can we expect from Consol CNX Gas next year with ramping up drilling & production in Pennsylvania? Will the Southwest vs.Central Operations locatons see an increase? The map showing the airport project shows nearly 100% coverage of the property with wells. Will this gas be wet or dry? Any thoughts...?
-
Permalink Reply by JR on
-
Interesting indeed. I think it's still early, and (given the location of our land) hopefully better techniques and technology will see excellent results for everyone in the green and beyond. My guess is 2 more years might show the pickle changing shape.
-
Permalink Reply by JR on
-
US, I agree with you in some aspects. I'm thinking more for the light green areas, which will take time to prove up for various reasons. Perhaps the quarterly reporting will help this map evolve at a faster pace as well.
-
Permalink Reply by Tim Tarr on
-
Page 18 Burket Shale
Great impact on underlying Marcellus wells that tested 10.0 MMcfd and 9.0 MMcfd
Wonder what that means?
-
Permalink Reply by The Hiker on
-
Nice map. Thanks for posting. Consol needs to redraw the map after Antero published the real results for the Rubel, Yontz, Wayne and Norman wells. At a BOE/D per lateral foot between 1.73 for the Yontz, 1.21 for one of the Rubels, and 1.12 for the Norman, the pickle grows a big wart on the lower right side into eastern Noble and western Monroe.
Someone recently posted a similar figure drawn by Wunderlich Securities and called it the "string of pearls" from the Buell in Mid-eastern Harrison down through the Shugart in mid western Belmont and into extreme western Monroe with the collection of Antero wells (Yontz, etc...) and hopefully (not proven) into Washington County with the Flat Rock Beardmore and the Farley wells (now resting). Best of luck to Washington.
-
Permalink Reply by The Hiker on
-
Good idea. It'll take some time to redraw. My guess is that it will shift a bit, but not radically. Like a lot of these presentations, the map might have been drawn this way to emphasize Consol's holdings in the pickle. How about gross $ per frac stage?
-
Permalink Reply by 015334grltd9m on
-
Consol! I have your pickle right here.
Interesting how every stock company has the best self-proclaimed wells.
-
Permalink Reply by JR on
-
And, consol is quoted in other articles that things should be good in mahoning, stark and Tyscarawas counties...but their pickle doesn't reflect that much promise right now...
-
Permalink Reply by Robin Hood on
-
What's with the very limited data in Columbiana and Mahoning counties. Chesapeake is no fun. I wish gulfport were up here, we wouldn't be shrouded in mystery. Are they holding Aces or bluffing? My guess is they have the golden goose and all the eggs.The pickle is just a mushroom stem.
-
-
AmI in the pickle?Couldnt read map very well, wasnt clear. I am signing a lease will Consol in Greene county, pa. Debbie
-
Permalink Reply by The Hiker on
-
The pickle is a contour map of BOE/day per foot of lateral for published well yields.....Take the published IP for a particular well....divide that number by the lateral length....and connect all the values that are roughly the same. Large numbers indicate better wells. Consol tried to do this (incomplete and generalized) and drew the pickle in an attempt to show that their holdings are in the best part of the play by BOED/ft of lateral. The Shale "experts" map appears to be a map of the "accepted" limits of the dry gas, wet gas, condensate and oil windows with company lease holdings overlaid. Apples and oranges.
Top Content
Latest Activity
© 2024 Created by Keith Mauck (Site Publisher).
Powered by
