Thursday, October 4, 2012

Devon Thomas 38H-1 Initial Potential

The initial potential for the Devon Thomas 38H-1 has been reported on SONRIS:
COMPLETED 9/28/12 AS A OIL WELL IN THE TMS RA SUA RES;PM F 384 BOPD; 105 MCFD; 2400 FTP; 09/64 CK; 192 BWPD; 0.50%BS&W; 273 GOR; 41.0 GRVTY PERFS 12383-17114' (ST: 10)

That equates to 402 boepd.  I expect the well to improve as it cleans up and as they open the choke.

On September 24, 2012, I made this prediction on the Thomas IP and IP30:
"Based on the information below, I would expect the well to IP in the 350-500 boepd range.  Devon is using more proppant per stage than in the past, so it could be higher.  I would expect the well to have little gas.  424 boepd is my prediction for an IP30."
http://tuscaloosatrend.blogspot.com/2012/09/devon-thomas-38h-1-ip-prediction.html

That was based on our algorithm constructed from the database of existing completions along with a calculation of total feet of pay from well logs.


The IP for the well plotted directly on the best fit line on the chart below.


5 comments:

  1. Good well on a very tight choke. Any news on the Murphy 63 results ?

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  2. I think you have a simplistic correlation that is probably adequate in the 2 to 6 million pound range in the core area but I feel you will end up with a lot of scatter as the play evolves. 6 millions pounds is very different in a 4000 ft lateral vs 6 million in a 8000 ft lateral.

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  3. Kevin,
    No question. Many parameters/charts are being examined. This early in the play, it's a challenge to find any "apples to apples"

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