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Linn Energy, LLC Message Board

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  • sandonthebeach47 sandonthebeach47 Dec 19, 2012 9:36 AM Flag

    OT: Cabot Oil Sets New Production Record in the Marcellus

    Do you know what this means?

    "Poster's Note: Poster's Note: This is 25% MORE than ALL the companies in the Bakken produce combined."

    Is that kinda like saying that the one big CHK Hogshooter well (IP rate) has produced more than all of the rest of the compaanies combined in the Marcellus?

    gee....why might that be?

    marcellus is not an oil play but it is a gas play.

    ....LOL

    So, now he is comparing a gas play to an oil play (the bakken) to make some irrelevant twisted point?

    What is the point?

    "This is 25% MORE"....of what.... gas?....in the bakken, an oil play....so ?

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    • Wah wah wah running to Daddy again because it's lil feelings were hurt? Let's see if Daddy can sooth poor lil Sandy's feelings. Wah wah wah.

      • 1 Reply to rlp2451
      • Just so you know what you are talking about.....you look like you may need some help again when the adhominum posts reappear like that one....so here is something that you have overlooked also.

        While that group of wells that you posted about does produce lots of gas....and that is great...

        Linn has ONE WELL (not a whole group of wells) that produced about the same as the whole group of wells that you posted about....

        Forget this also?

        the Black 50-1H well produced approximately 60.2 MMcfe/d.

        Compare that ONE WELL to the group of Cabot wells described in what you posted......so you can see why I am less than impressed with your post.

        "LINN Energy Announces 60.2 MMcfe Per Day Horizontal Granite Wash Well

        HOUSTON, Jul 22, 2010 (GlobeNewswire via COMTEX News Network) -- LINN Energy, LLC (Nasdaq:LINE) announced today results from its second operated horizontal Granite Wash well in the Stiles Ranch area of the Texas Panhandle. The Company owns a 63 percent working interest in the Black 50-1H well, which tested at a 24-hour production rate of 27.0 MMcf/d of natural gas and 3,190 Bbls/d of condensate at 2,150 psi flowing surface pressure. The natural gas production has a heating value of 1,316 Btu/cf, and when processed, should yield approximately 3,530 Bbls/d of natural gas liquids. Including estimated NGL recoveries and shrinkage associated with processing the natural gas, the Black 50-1H well produced approximately 60.2 MMcfe/d.

        "The outstanding results from this second well are considerably above what we expected. We believe this is the highest rate well reported in the Granite Wash trend. The liquids content of over 6,700 Bbls/d represents more than 65 percent of the production stream and we anticipate pay-out on this well in as little as two months. The well is located in an area where LINN has a large concentrated acreage position. As a result, there are numerous follow-up drilling opportunities," said Mark E. Ellis, President and Chief Executive Officer of LINN Energy. "Our operating team has continued to drill horizontal Granite Wash wells in less drilling days and at lower costs than expected. The Granite Wash area is a major component of our drilling program and is expected to provide significant organic growth for the Company." "

 
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