Tuesday, June 16, 2015

A Typical EOG 1920-Acre Overlapping Unit -- June 16, 2015

This is the "standard" EOG overlapping 1920-acre siting and horizontal:

It might be a little hard to see. I will watch for a better graphic. Whatever. It's a 3-section, L-shaped drilling unit. Of the few that I have bothered to check, these 1920-acre overlapping units have all started in the southeast section and drilled to the northwest. This particular one cuts into the northeast section a bit more than others I have seen. In some, the horizontal barely -- and I mean, barely -- cuts the lower left hand corner of the northeast section. The horizontal is a typical long lateral -- if anything, a bit shorter.

Someone owning 10 mineral acres in the far southwest of the northwest section will participate in this well. Pretty exciting for a lot of small-time mineral owners who never thought they would ever get a well.

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