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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Cal Gary who wrote (14843)3/12/2010 12:32:27 PM
From: johnlw  Read Replies (1) | Respond to of 24921
 
Good point about fraccing, top of my head I would think the gas is different from oil.

....The estimates were also based on a narrow definition of what parts of the Cardium can be economically developed. Smaller companies began to drill outside of those zones - in what's called the "halo" - and found oil.

"These guys are drilling wells where there wasn't supposed to be development," said Fleury, referring to Result, Berens and West.

"These guys are the ones that do things that bigger guys might not want to put capital into. They risk it all every day and our industry benefits from it."
google.com

Got a map? Where is the halo?



To: Cal Gary who wrote (14843)3/23/2010 3:24:11 PM
From: johnlw  Read Replies (2) | Respond to of 24921
 
BTW Cal, did you ever find out any tidbits about fraccing technique from your buddies?

I wonder if the formation will stay open after the initial frac if it is done properly?
On the old wells in these fields they would wax off and plug up, I wonder if the formation will do the same?
Could be expensive to maintain.
Maybe if TEC can get their act together they might be a reasonable play?


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