Post by
ditchdigger251 on Nov 17, 2017 5:45pm
Velvet Elmworth/Karr Pad Drilling
Looking at the AER's site there's 5 wells identified as being drilled back to back off the same pad located at 11-2-68-3W6:
15-25-67-3 5675m MD @ 2280m TVD (ammended from 3-36 & lengthened from 5500m)
102/15-25-67-3 5500m MD @ 2275m TVD
1-36-67-3 5500m MD @ 2270m TVD
2-36-67-3 5500m MD @ 2265m TVD
8-36-67-3 5500m MD @ 2260m TVD
It seems that 15-25 might actually get finished very soon. The depths compare very well with RMP/IBR's. I also noticed Velvet has a spacing application which should shed some light on how their near term development plans compares with RMP's as well as how close their numbers look to RMP's in a very similar application submitted last month. Lots of capital now being invested RIGHT NEXT DOOR.