Sentry Energy Services (EOG) has completed the drilling process on the Eagles Ranch 14H-1. Note that a pilot hole was drilled before kicking out horizontally. The drill times compare with the Louisiana Austin Chalk drilling phase that occurred in 2011. A permit has been filed for the frac job. It sounds like 4288' will be the perf range.
Finally the rumors have started and the mineral buying speculators have shown up. As always, they range from gusher to dry hole. Always entertaining.
The first significant data point will appear 30-60 days after the frac job completes. Until then, we'll all have to be patient. Note that this new Austin Chalk approach is different from the historical "naturally fractured" play. Review the prior posts regarding the Karnes Trough.
|Drill times: Eagles Ranch 14H-1 compared to 2011 Louisiana Austin Chalk wells|