Paying big money to acquire land to drill horizontal clinton
There is a horizontal clinton well in that I think Enervest drilled. The well site has 6 big oil tanks on site just like most of the utica pads I see. There is a really big pump jack. Talking to the landowner he said Enervest must have really wanted his piece of land for this well because he got enough money to buy a brand new tractor to try to lower the amount taxes will take. He said the well is a great producer but is always broke. The oil company is constantly there working on it. When I drove by yesterday they had a rig there like they were pulling some pipe up. An oil guy my family knows who is involved with some of this said that on these horizontal clinton wells the pump is actually in the horizontal part of the well. Enervest liked this well enough that they moved from there to drill another one about 10 miles away. I think it is very exciting.
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Replies to This Discussion
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Permalink Reply by David Mohn on
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Jeff, where is the well at that you are talking about. County city etc?
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Permalink Reply by jeff on
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NW carroll county and then the well they moved to is in stark county off georgetown rd
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Permalink Reply by Kathi Albertson on
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Do you know if they used a previous bore hole or started from scratch?
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Permalink Reply by jeff on
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They started from scratch. there is a Utica pad about 1000 feet away also.
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Permalink Reply by Kathi Albertson on
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Do Clinton laterals go SE and NW like Utica?
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Permalink Reply by James Vanderink on -
There going to get the oil out somehow. This is a whole new play now. Back to the bread and butter aka the Clinton.
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Permalink Reply by TM on
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Interesting indeed. This is a 68 acre unit. This must be close to the Cairns Utica well Enervest drilled. Wonder since they can't get the oil out of the Utica like they want commercially right now they are going after the Clinton in the oil counties.
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Permalink Reply by James Vanderink on
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Ohio is a "Hybrid Unconventional Resource". I didn't make that up. Point Pleasant, Trenton/BR, Knox Formation and now the Clinton. Stacked Pay Play also comes to mind.
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Permalink Reply by Greg Hamilton on
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yes.
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Permalink Reply by Paul Martinelli on
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Back to top....
Seems Enervest is now permitting several Horizontal Clinton wells in Stark County OH.
Any O/G Pros out there care to shed some light on what is going on?
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Permalink Reply by pg guy on
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Maybe better directional drilling and completion technology means that the drill bit stays more solidly in the formation for the lateral, and better stimulation is achieved, compared to what was possible a few years ago, thereby increasing potential recovery.
Maybe the apparent inability to get crude oil out of the Utica oil window means that operators with large acreage positions in that area are seeking other ways to monetize their assets. Remember, even in the most depleted areas, as much as 75% of original oil in place remains in the Clinton.
Maybe crude at +/- $100.00 presents the opportunity for acceptable IRs, compared to gas at +/-$4.50.
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