Posting Some Comments Over The Past Couple Of Weeks That Did Not Get Posted For Some Reason -- December 30, 2017

Comments. For some reason these comments did not get posted. I'm going back through blooger to see if any other comments did not get posted. I try to post all comments and at least make a short reply. I apologize to folks who sent in a comment and I failed to post/reply. Here are the ones I have found so far. I will gradually go back and reply to them at the original post. 

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Texas reporting strikes again!
The production numbers cited in the article are incorrect!
Looking at just the FANG Reed well(s) this is actually three wells combined into one "Stacked Lateral."
"Stacked Laterals" are a regulatory tool for allocation of lease acreage and essentially combine multiple wells into one regulatory entity. This will appear as one or more wells with "inactive" status and one "Active" parent well that all the stacked laterals report production to.
So when the author claims the Reed well has made 674 MBO in 11 mo, that number is actually the total production of three horizontal wells, a Spraberry well, and two Wolfcamp wells (1 WCA, 1WCB).
This is a whole different issue than even allocated lease production...
If you want more proof refer to the P-16's for these wells.
If you want more resources to understand the nuances of Stacked Laterals please refer to the following at the RRC: http://www.rrc.state.tx.us/media/29117/psa-wells-allocation-wells-and-stacked-laterals.pdf 

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Correct. Vertical wells are hit or miss and VERY difficult to find even on 3D due to the very steep vertical nature of pinnacle reefs. There are a few more reefs drilled but thus far none with the oil accumulation near Dickinson.

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Speaking of CLR, remember the Whitman wells in Oakdale field? 2-34H has produced 1.59 million barrels of oil since Sept 2011. Drilling on 3-34H was stopped due to unsafe pressures and drilling conditions. It has finally been drilled to depth and completed. 61 stages, 14.5 million lbs proppant, 234 thousand barrels fluid. Production to date not impressive. At least not yet. 12,150 BBLS Oil in 21 days. 

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Not sure why RBN let out this fascinating solution for last mile logistics. Just another way in which costs are being crushed Disclosure- No interest in the company or its securities. I know a persons with shareholdings in company, http://www.solarisoilfield.com/solaris-solutions/videos-resources 

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8499, 1652, Amoco, Jim Creek, cum 1,525,818, PA

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Have you heard much about microproppants? If only 10% of the proppant are smaller sized, (10 % Diamter of those sands) the well flow increases up to 20%. There are smalLas fractres that need microproppanta. 

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Have you heard much about microproppants? If only 10% of the proppant are smaller sized, (10 % Diamter of those sands) the well flow increases up to 20%. There are smalLas fractres that need microproppanta. 

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Considering White Butte has permitted these wells now, you have believe that they(and many others who have been waiting out the last few years) will start drilling again once 2018 begins. 

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Well, looks like I get to sweat it out for 3 weeks and hope JMU doesn't repeat........ 

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See that power prices were over $500 a megawatt hour this morning.