It appears that the drilling stage at the Gerik Trust lease in Aquilla has been concluded. The rig has been disassembled, and I'm sure has found another temporary home somewhere in the Barnett Shale/Ft Worth Basin. This photo shows all that remained at the site as of Friday, Nov. 3rd.
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Saturday, November 04, 2006
Drill completed at Gerik Lease in Aquilla
It appears that the drilling stage at the Gerik Trust lease in Aquilla has been concluded. The rig has been disassembled, and I'm sure has found another temporary home somewhere in the Barnett Shale/Ft Worth Basin. This photo shows all that remained at the site as of Friday, Nov. 3rd.
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4 comments:
I have been reading all the blogs, NARO forum, etc. but I am not clear about the status of the Gerik Trust well. Now they have taken down drilling equipment, are they waiting on the pipeline? Or is the well non-productive? Thanks!!
I am uncertain as to the current status of the drill. I wish I had a more concrete answer. Ususally, with a 'horizontal' drill, the fracturing phase of the shale would take place next. However, the Gerik was a vertical drill. Also, there is no pipeline infrastructure in that part of Hill county to transport any production. I believe that until Aspect re-permits the Gerik as a horizontal drill, and the proposed pipelines are laid, the only thing that will be taken away from the Gerik lease is a ton of good information.
In your opinion, is all the activity taking place around Aquilla (pipeline, Gerik Trust, TAM)a good sign? Out of curiosity, what kind of information would the Gerik well provide? What is the expected timeframe for the pipeline to be laid? Sorry, I am a curious spectator and I have lots of questions. I don't live close by, so I am not privvy to "coffee shop" talk but I do like to keep up with all the excitement in the area.
I am certainly not an authority on the Barnett Shale in southern Hill county, but you can almost be certain that the heightened activity in the area is definitely a good sign. As far as a time frame for laying a pipeline, I haven't a clue. Those large transmission lines are very expensive, and I am sure that it will take several independants to finance a project of this magnitude. Also, pipeline right-of-way's (ROW) are being negotiated on a daily basis. That, in and of itself is a huge endeavor. There are literally hundreds of property and mineral owners that the gas companies must contact and make offers to. I understand that there have been numerous lawsuits over all of this. It is my understanding that a vertical well will show the depth and thickness of the Barnett, and any underlying formations. Armed with that info, and the results of the 2-D and 3-D seismic shoots, the operators can determine not only where to drill, but they can implement better drilling strategies. The gas is down there, it will just take a while to get it up and out.
It's all GOOD!
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