Sunday, October 22, 2006

Devon rig on Nora Williams #1H 2.5 miles east of Lipan on Highway 4

Rig moved on lease during the week of October 23rd. This 655 acre lease is located within sight of the Ator leases. The Railroad Commission drilling permit was submitted and approved October 13th. Total drill length is 9,000 feet which is the same as Devon's Ator leases just to the west.

Monday, October 09, 2006

Ator Lease drilling completed, Frac jobs pending

Devon reports that the fracing of at least one of the Ator lease wells is likely to occur in November. That well has "frac valve" tops now in place (shown in picture). For the time being, the other well has a different "christmas tree" top until the frac process is to begin. As is normal, estimates of the economic potential of these wells is not being disclosed by the company. Even so, the completion of successful frac jobs are necessary to make a determination.