Howdy folks,
I've really enjoyed all of your contributions. Especial hats off to Ken M. for his digging - you ought to be getting that gold shield pretty soon!
From my side, I live in Brenham and have not yet come across the Eberle field, although I've looked on a bunch of maps and asked around. I'll keep checking.
I've checked our phone book and there is no Brenham Oil and Gas in the white or yellow pages, and this is a small town and even smaller phone book! Some would say ours is a half-assed phone book, that being the amount of anatomy covered when used to boost children at the dinner table.
I suspect that this is a holding company which is in ownership of some mineral rights somewhere here in the county. I have seen the figure of $80,000 is annual income from producing properties - can anyone confirm this?
For the average landowner in this area who is carrying 1/6 royalty interest in their subsurface rights (assuming they own 100%), this would be about the right amount of yearly income for a well which is producing around 40 million cubic feet per day. In other words, it sounds like these guys have an interest in one well, or a partial interest in a few wells. Does anybody know if these are gas wells or oil wells? There are a few older and shallower wells producing small structures around the county, none that I've found is called the Eberle field.
The (modern day) wells in this area are drilled into the Austin Chalk formation and are mostly gas wells. The typical well has 2 or more horizontal boreholes (i.e., the well is drilled vertically with a single borehole down to the Austin Chalk, then turned horizontally to maximize the well's exposure to the producing formation). Right now there are probably 4 - 8 rigs working this general area, they have been busy for the past 3 - 4 years.
The Austin Chalk is a tight, fractured limestone, with fractures which are oriented on a regional basis - the majority of the production is from these fractures, so it follows that the horizontal boreholes are drilled with the intention of intersecting as many of these as possible.
Typically, these wells deplete quickly. Last year, the most prolific well in the US was drilled here, and it tested to in excess of 100 million cubic feet/day. But as the fractures deplete, the production falls off quickly.
Well.....thats enough of a brain dump for now. Hope this helps some of you form a picture of the O&G side of things for this outfit.
Regards to all,
Aggie |
