i was reviewing the far western reaches of the efs a few motnhs...

i was reviewing the far western reaches of the efs a few motnhs back, and where operators were getting ip's 300 bopd, the Chesapeake bandwagon arrived and started 1300 - 1500 ips's

competitors then mimicked the frac, then they replicated 1300 ip's next to 300 ip wells!!

twinpeaks, to demonstrate the P#^$ing comp between EOG and marathon here is marathons effort

in texas, they do things big!! so this little comp between eog and marathon has been a huge fest of who's whatchemacallit is bigger...

In the case of the Burrow 2-H well highlighted here, we were confident an aggressive test would not cause any long-term recovery issues, and we wanted to demonstrate the quality of our assets in a headline fashion. With what some might call a monster well, the Burrow 2-H tested for 24 hours on an approximately ½ inch choke at 6,275 barrels of oil equivalent per day, with an oil condensate rate of over 4,600 barrels per day and an NGL rate of almost 800 barrels per day. This is 100% Marathon working interest well, and we expect to test at least 4 other wells on larger than normal choke sizes in Q4 with oil rates expected in the 2,000 to 4,000 barrel per day range. I will say, however, that our practice will continue to be to get stabilized tests at moderate choke ranges with a focus on ultimate recovery as our guide.


as much as the market is pricing the efs for texon at $8 k or whatever.. depending on how many $1k share parcels are dumped and the MC is decimated 20%... i think the mcmullen efs deal is not as undesirable as one would think..

sure, i understand the rbs representative on the corporate side is no oilman, and has no oil experience, which probably is not desirable, but i am hopeful that one day a deal may be done.

i think texon sits in a great position with the asset in that it can draw off that debt facility, and de-merger and imho texon II has some attraction, but how much cash will that sucker keep??? anyone know?? or do we have to see rbs make a killing and do another cap raising??