EOG has permitted their second well, the Gauthier #1. It has a PTD of 15000' and should intersect the TMS at approximately -13700'. Assuming that this is a vertical hole, like the Dupuy #1, that indicates that they plan to drill down into the Lower Cretaceous carbonates. At the TMS interval, this location is similar to depths of the Devon Murphy 63H-1. I'm glad to see EOG going deeper early. More pressure, more gas, and more calcite will help.
Rumors have it that they are considering acreage deeper in the TMS.
|Base of TMS structure; EOG permitted wells;|