Monday, December 31, 2012

Monday, December 24, 2012

Merry Christmas

Merry Christmas Tuscaloosa Trenders.  May 2013 bring the TMS some great success!

Anybody want to guess what rig this is?

Thursday, December 20, 2012

EOG Dupuy Land Co. 20H-1 - Initial Potential

All eyes have been on Avoyelles Parish and EOG's first horizontal TMS test, the Dupuy Land Co. 20H-1.  Rumors have been rampant the past ten days with a wide range of rumored flow rates.  I've been reluctant to make a post until accurate rates were confirmed.  From what I understand, an initial potential of 656 bopd will be released by the state.  The well is choked back and has produced 10,400 barrels over 23 days (Average: 452 bopd).  The IP30 will likely fall short of my estimate but when the choke is increased, this well should flow at an attractive rate.

Tuesday, December 4, 2012

TMS Production Updates

Here are some updated production charts and observations:
-All of the wells indicate that their curves are flattening; Some wells increased due to an increase in choke.
-Monthly decline rates are consistent
-Devon Beech Grove 68H-1: while a low rate producer, the well at 12 months has declined 77% which is in the "Eagle Ford" range.
-Cumulatives: Anderson 17H-1 65 MBO in 4.5 months; Anderson 18H-1 77 MBO in 4.5 months

Monday, December 3, 2012

Dupuy Estimate Update

With a confirmed number of successful stages in the Dupuy well, I've updated my estimate.  I believe that this well could produce over 700 boepd for thirty days.

Prior estimate with charts:

Sunday, December 2, 2012

Capital One Southcoast 2012 Energy Conference

I will be presenting on the Tuscaloosa Marine Shale at the Capital One Southcoast 2012 Energy Conference in New Orleans this Thursday.