One other possibility is that EOG is dispersing its rigs geographically across its leased acreage to get an overall assessment of value. It would seem that there is enough competition that leases that are expiring in 2012 (and later)time frame may be expensive to renew.
Bob On Oct 4, 7:59 am, David <[EMAIL PROTECTED]> wrote: > EOG moved two rigs into Burke TWP (Mountrail County) the past few > months TWP 155 90. (They also have 1 rig going in Vanville TWP in > Burke County, which is different and somewhat confusing). > > But now on the Active drilling list one of these Burke rigs is headed > way back south to Van Hook TWP 153 90. > > Does this suggest that a. the Burke TWP Mountrail wells are not > turning out quite as hoped, b. that the Van Hook wells so far are > better than expected, c. both of the above,or d. neither? > > I find this little move interesting as I thought EOG thought Burke TWP > Mountrail County was going to be the NEXT Austin TWP. > > ALL the well data on to test this theory one way or another is still > quite confidential, but I thought you guys might want to chew on this. > My theory at least is that the wells that have been drilled so far in > far SW Parshall TWP Extending into SE Van Hook TWP in some cases look > better than the wells drilled a year ago further on the North side of > Parshall TWP. No telling on the Burke TWP wells. School 16, with an > ip of 1721 bbla day is the one well no longer confidential that > somewhat supports this theory that things are getting better not worse > as you head south and particularly SW Wells on the strip of sections > immediately North of that School well seem to be coming in at 800-900 > bopd ip. > > Could Van Hook be the NEXT Parshall? Well,probably not, but....Only > those who really know Van Hook (the first one, not the current one, > actually) and Parshall can appreciate my offbeat humor this morning. > I may be the only person here to claim to have actually seen a movie > in the Van Hook movie theater, and too many in Oke Okeson's Parshall > theater to count besides. THe Okesons were Parshall's link to > Hollywood. > > David --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Bakken Shale Discussion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/bakken-shale-discussion?hl=en -~----------~----~----~----~------~----~------~--~---
