Thu, Jul 24, 2014, 5:19 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Abraxas Petroleum Corp. Message Board

  • zoom_bee zoom_bee Jun 29, 2013 10:15 AM Flag

    Pad next to Lillibridge East IP'd 9,339 BBO

    May 2013 numbers 145,918 BOE for one pad
    Company ___ __ Well Name _______ ___ BBO MCF BOE Days __ BOE/D __ IP
    BURLINGTON __ MORGAN 21-28MBH __ 23,073 __ 35,821 __ 29,249 __ 31 __ 944 __ 2,004
    BURLINGTON __ KIRKLAND 21-28MBH __ 23,794 __ 37,482 30,256 __ 31 __ 976 __ 2,325
    BURLINGTON __ MORGAN 21-28TFH __ 20,458 __ 35,425 __ 26,566 __ 31 __ 857 __ 2,084
    BURLINGTON __ KIRKLAND 21-28TFH __ 24,278 __ 37,190 __ 30,690 __ 31 __ 990 __ 2,926
    BURLINGTON __ Pad near Lillibridge __ 91,603 __ 145,918 __ 116,761 __ 31 __ 3,766 __ 9,339

    AXAS Lillibridge East pad flowing to sales

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • um, yes please!

    • Those wells are almost 1,000 BOE\D each well, each play Three Forks and Bakken and that's the next section from AXAS.

      Sentiment: Strong Buy

      • 2 Replies to kayoed3
      • Again here's the next door neighbor 3,780 feet from Lillibridge (Lateral to Lateral measurement) the Burlington well pad..

        All of a sudden Bob will report "early production" when he is in the "Bakken/Three Forks" and after strings are pulled and sand and salt water settles, here are your numbers... But wait there is more Lillibridge "West Pad" included in this deal; buy 1 share of AXAS and this is what you get. The West pad stimulated at the same price.

        Sentiment: Buy

      • Burlington well pad is 3,780 feet from Lillibridge but interesting the pad is in section 28 and the two Morgan wells (one a Three Forks the other a Bakken) are oriented and drain the same as Abraxas wells. That is a North to South drain to the wellhead. Burlington's Kirkland wells off that same pad were drilled South and drain South to North back to the wellhead. The Morgan lateral portion is only 3,400 feet from Abraxas lateral. Burlington can fit two more laterals closer when they construct a closer pad.

        There is a very strong case that when the Lillibridge East pad numbers are released the results will be similar.

        Sentiment: Strong Buy

 
AXAS
5.96+0.07(+1.19%)Jul 24 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.