![]() on March 30 closed its acquisition of Uinta Basin assets in Utah previously owned by EP Energy for $690 million-several hundred million dollars less than originally announced. Nothing reported yet for the third well, called the Cambrai, that McMurdo said Verdun was still working on.Crescent Energy Co. They’re definitely still in the dry gas category but that’s an additional kicker. By comparison, the new wells to the west had combined production of 1600 barrels in one month. ![]() One variable between those first two wells and the new ones west of Shelby is that during their first two years of production, the Saint-Mihiel and Belleau Wood have each made about 6 BCF of gas but have had combined condensate production of less than 120 barrels, total. Each of them came on stream in December, 2019 but didn’t hit their peak month production until March, 2020 when the Saint-Mihiel made 449,304 mcf, and the Belleau Wood 322,127 mcf. Both of those earlier wells had horizontal legs that extended generally south. These April numbers are in line with the first two wells Verdun drilled that were east of Shelby. The earlier numbers that were reported indicate both wells were only online about half the month of March. ![]() On the Passchendaele (that extends generally south) they reported April production of 413,518 mcf with 962 bbl condensate. Verdun is still reporting those wells in “pending” status so their report dates vary, but yesterday RRC posted April production numbers for the Cantigny (that extends generally north) of 255,659 mcf with 656 bbl of condensate. If those most recent wells they drilled can do 5-6 BCF in a little over two years like the Saint Mihiel and Belleau Wood that seems pretty logical. So far each of the laterals Verdun has permit were located right at the edge of each unit, apparently leaving room where four, five or more wells could be added in each of them, which would probably require another drill site somewhere in the middle. Would the new pad you are talking about be close to that rectangular area that appears got left out of the Cantigny and Tannenberg units? I marked where the other two drill sites are located. If you are seeing another pad going in near the north corner of the Passchendaele unit and near the meeting hall, it must be for more wells they plan on drilling in the three units that join in that area.īelow is a cut and paste of the five unit plats Verdun filed that I put together to see how the boundaries match up. Those SM and BW units join the south side of the new Tannenberg and Gallipoli units and the drill site sits in the middle. The plats they filed show the initial wells in those two units being drilled from the same drill site south of 389 where Cutoff and Skull Creek Road intersect they had used to drill the Saint Mihiel and Belleau Wood wells at the end of 2019. Verdun formed two more big units last year on the other side of Shelby that they called the Tannenberg and the Gallipoli that were permitted in Austin Co. although part of the Passchendaele extends into Austin. I’m thinking the three wells you said Verdun drilled from the pad off Wunderlich Road were the initial ones permitted in what they called the Passchendaele, Cantigny and Cambrai Units.
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