SM Energy ($SM) is reporting Strawn IPs up to 1,472 bbl/d in the southern Midland Basin.
Impressive.
I've seen a lot of IP reports. It goes like this:
Buy minerals on IP rates -> File BK -> Divorce -> Cry
The only number that matters is what the well does in months 12-24.
IP is a first date. EUR is the marriage.
4cast doesn't sell first dates - Piper
@rocks_boffin You guys are crazy. Thats the only way I prospect. Cool landowner at a bar? Let's drill! No seismic - no problem. There are lots of reasons to poke holes, and it could be there is good enough for me*!
*$100 oil helps a little
Watch this and not audibly gasp.
Immediately started looking for the stopwatch. How long until he is back on the ice like nothing happened. Hockey players aren’t real humans…
@Jimbo_Wise Reads as though the cement job had channeling and the Wilcox never did get a real isolated test. Sample description of Ordovician Wilcox looks like this sample photo.
The Wilcox Sd is the best Sd in NE Okla but v. illusive. We drilled this well yrs ago based on subsur geo/2-D seismic. This is an example of impatient partners having too much of a say. Should have made oil. Field made gas from upper Zns but Wx never produced. It’s still there!
@rocks_boffin Just please don't wash me down. Have the decency to twin it. Remember, I probably put tong dies on top of each plug and used way too much cement.
Separator install with the day-by-day, a college sophomore asking landmen if Python's actually worth learning, and a poll trying to figure out who picked up Scout's billion in the Western Anadarko. All floating around Collide, our community for oil and gas folks.
@rocks_boffin@collide_ai I can't login. If I get logged in I can't scroll down. I'm old and incompetent, but it's a problem. They did send me coffee mugs.
@rocks_boffin You could research the farm bill and plant legal CBD hemp plants that definitely aren't weeds, but smell very strong like weed. The CBD farm by my neighborhood smells for half a mile...
@rocks_boffin Sounds like the deal I was trying to test the market with at KIOGA. Didn't have the lease or know where it was, but it came from a real Geo and I need a place to send a rig. Result= market not yet strong enough for vendors to fund unknown well.
Side note- The Refinery is nice
@LandmanLando@parkertankus It takes a few months to get them white. Then, you can't have white tanks after Labor Day. Then there was an oil spill. Lots of reasons to paint tanks.