It will affect production in a negative way. However, I know that the efficiency (drainage radius and breadth) of the initial Fracs on many of the existing Eagleford wellbores is low. Look for refracking at a much reduced cost on hundreds of wellbores. No drilling rig needed.
TMS is ~ TX and the Shuckrow is kicking up
Well Name ______________ JAN BO __ JAN MCF __ JAN BOE
Horseshoe Hill 11-22H 1 __ 3,850 __ 7,255 __ 5,059
Black Stone 4H 2 __ 5,038 __ 5,574 __ 5,967
Fassmann 9H 1 __ 6,467 __ 5,815 __ 7,436
S. D. Smith 1H __ 5,143 __ 6,256 __ 6,186
Shuckrow 10H 1 __ 18,087 __ 17,523 __ 21,008
George Martens, at al 2H __ 10,687 __ 9,979 __ 12,350
HRC Operating TMS __ 49,272 __ 52,402 __ 58,006
Well tucker you finally figured out the TMS is not profitable, After all those pumps all those Hope & Dream posts of yours .
Once again ignoring the massive debt .....you are correct if they did not have massive debt they would be profitable open your eyes.....at $50 oil they are I trouble
You are not too bright ....not Mathers/Eranger or anyone else, you are a moron with multiple ID's too many to count
pfzelechoshi I know you are smart enough to have figured out that Tucker is just another ID that s.eranger/ JerryMathers uses. He is to obvious. Always trying to get a rise out of others. Not much going on in that poor guys life. I am through making a fool of him. He does a good enough job on his own.
TMS yes, the rest of your thought is fantasy. Sans transportation production costs in SD are about $32 and TX are in the mid $20s. Or do you make the case that the SEC filings are fictitious?
Debt matters and at $50 oil it really really matters.....TMS not profitable, El Halcon not profitable at $50 oil you never mention debt why is that ?
Darvonkbr - Brave post stick to your guns _ Thumbs up!
HK is managing their existing wells in these months. Shutting 6 of 31 wells that were steady at 150 BOD in the Eagle Nest and a couple in McGregory Buttes fields.
Next they brought on line one well of 4 newly drilled on a pad and the result was an increase in the BOD of 7 BOD across they fields. So their productivity numbers are up with less wells on-line.
HK needs to maintain leaseholds "Held By Production" so they'll utilize the current number of rigs to maximize their hedge budget.
Operating costs will be down this quarter, production will align with the hedge budget and Floyd will once again be a hero.
Half of the fields have entered February numbers and it proves you case. I see your point in a business case and you are on track with a good point that it isn't "just" the rig count.
What is a looser? Hey moron learn how to spell, that 5th grade education must be paying off, luckily McDonalds did not make you spell a few words before hiring you
tucker3210 you are a big looser & stupid to boot. tucker you are one of the Bigest Liars to ever post ! Such a looser !