Replies to This Discussion

Permalink Reply by Donald Fogg on October 30, 2014 at 6:44am

thanks for the info. Do they truck ship the gas?

Permalink Reply by Mike Fulper on October 30, 2014 at 9:16am

All of the Gas is piped out of all of these EQT wells by

"gathering lines"

over to HELENA rd...

Dominon has a gas line over there....

they only truck Crude, Condensate, and brine out Cubbison

rd....

They sell the gas instantly to Dominion who pays EQT right away.

and that is why we all will get a GAS check first...

EQT pays Gas check in first 30 days of gas sales.

EQT pays OIL after 90 days.. which will be Dec 15th abouts

OIL will vary greatly .. as prices are not so good and I think they HOLD the oil at times till prices get better..

They are not trucking Oil every day out Cubbison.. varies..

Permalink Reply by Donald Fogg on October 30, 2014 at 1:51pm

Thanks for the info.

Permalink Reply by TM on December 5, 2014 at 8:04am

NCD3	580011	2193	2260	2049	12
NCD3	580010	3063	2852	2928	13
NCD3	580035	4304	5225	2476	12

Permalink Reply by Mike Fulper on December 5, 2014 at 8:38am

12 days of production..??????????

They have been producing Every day since Mid Sept....

cept for about 6 to 10 days for equiptment installation etc...

Sept production started about Sept 15th....

How about Oct Nov  ????????

These are HIGH numbers for only 12 days production....

the FIRST 5 DAYS of flowback... took out nearly THIRTY TANKERS of OIl...

I interviewed the TANKER DRIVERS   !!

30 tankers of OIL condensate etc is over 5000 Barrels alone....

something funny here   :)

Oh well.....Lets see what the payment shows this Month.....

Weez not complaining... just that these figures make no sense.....

12 Days...? Which month...??

What days does the 3rd quarter cover....?/  Maybe Just Sept alone....?

If so... what happened to the THIRTY TANKERS in 5 days.....:)

Maybe evaporation......

don't no one quit their Day jobs yet.....:)

STILL..... 12 days and over 2000 Bbls.....not bad.....

If the price of OIL goes any  lower.. we may have to refund EQT...??

duhhhhhhhhhhhhhhhhh  dumb me... 3RD QUARTER ENDS SEPT 30TH...

So all of this OIL was produced in the last 12 days of Sept....

I shoulda paid more attention in class... girls dis tracted me....:)

Permalink Reply by Mike Fulper on December 5, 2014 at 9:05am

I finally figured it out at the end of the message.. duhhhhhhhhhhhhhhhh

Dis regard the first part of the message... old age mental rambling  

Permalink Reply by Mike Fulper on December 6, 2014 at 11:47am

they do have High dollor Compressors doing GAS LIFT on each well tho..

That is what is bringing up the OIl....

What they tell me is.....the resevoir pressure is not affected that much...

the resevor pressure does help push the OIL to the Pickup point on

Vertical...

Actuallly.. with ZERO resevior pressure....

the OIL WILL DRAIN.....albeit slowly

to Vertical...

The way the well is designed is like this....

Its almost like a 'sink trap"

It does not just go Vertical down and immediatly go horizontal..

It goes down Vertical.. then UP.... as it turns OUT... to the turning point

and goes Horizontal... at an ANGLE UP

to end of Lateral....

In effect... the OIL is 'drained" 

  down to an area where the

GAS LIFT... picks it up....

so... resevior pressure is not that critical...... on NCD3

"Draining"  Fracked area is what is important....

They will be sucking OIL up out of these wells for years....

Permalink Reply by Robert Bond on December 6, 2014 at 12:05pm

How about wax (paraffin) is there going to be a problem with it?  Just curious as I know some oil contains a fair amount of it.

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