Tuesday, September 25, 2012

Devon Goes Long

Many have been frustrated with Devon's short lateral lengths and timid frac jobs.  It sometimes feels like sitting in Tiger Stadium watching Coach Miles call his favorite two yard pass play.  The newly permitted Beech Grove 94H-1 is permitted for an 8006' lateral length.  The TMS in this area exhibits excellent log character with approximately 120' of pay.  With a long lateral and a large proppant volume, we should see results much improved from than the Beech Grove 98H-1.  The 98H-1 experienced a lot of hole issues while drilling.  It will be interesting to see if these have been resolved during the drilling of this wellbore.  In addition, Devon has stated that they've fine tuned their "target zone" in the shale.  I believe that this will be Devon's "breakout" well in this play.

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