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Author Topic: Kalamazoo County  (Read 23344 times)

wilsontownship

  • Guest
Re: Kalamazoo County
« Reply #45 on: May 17, 2015, 02:08:01 AM »
Can anyone provide an a summary and update of this particular action.  It was something I flagged way back when Megabucks mentioned oil discover and it was looking big.

How is this E&P coming along and what are the ramifications?

Thanks,
wilson

Bertram

  • Posts: 235
Re: Kalamazoo County
« Reply #46 on: May 18, 2015, 10:48:35 AM »
Wilson, 

The resource is there, but from what I have gathered, Liberty Energy the funding behind Axia on this project is slowing down the drilling money until prices get back to an acceptable level on crude for the Trenton.  All the permits are approved and bonded, so I expect 14 wells to be drilled over the next 3-5 years if we get $70.00 crude.    I bought some minerals over there and am likely going to start up again once this market starts to come back to life. 


If anyone can get a statement from Axia or any geology map that would be great because I have mapped their leasehold and it is way too big for a Trenton-Black River oil play-  nearly 4 townships leased.  Hope they find some unconventional as well oil or gas, as pipeline infrastructure is already in place on both.  Wilson/others I can send you a map of all the drilling units and wells if you want let me know. 


Bert

Bertram

  • Posts: 235
Re: Kalamazoo County
« Reply #47 on: June 30, 2015, 03:52:34 PM »
Anti-Drilling folks claiming 3 wells and 1 brine well caused these earthquakes...nonsense of course-  Mlive is full of sky is falling claims..all unfounded. 

Bertram

  • Posts: 235
Re: Kalamazoo County
« Reply #48 on: August 19, 2016, 09:41:48 AM »
New Well Proposed to offset original discovery, a 2nd attempt off the same pad.  There is also a brine disposal well on the same nearby acreage.    Most Lease Term were 5 year with 5 year renewals so all still leased.  Trenton Wells have traditionally been economical at a lower oil price than other formations Michigan.

Bertram

  • Posts: 235
Re: Kalamazoo County
« Reply #49 on: January 22, 2017, 07:00:16 AM »
Wolverine terminates 3 permitted and bonded wells south of Pease well.  Apparently Mr. Jasma and his geologists think it can be done differently.   

Bertram

  • Posts: 235
Re: Kalamazoo County
« Reply #50 on: March 01, 2017, 05:42:54 AM »
2 Permits reinstated with different drilling units.  Just cleaning up the pooling and leasehold. 

Bertram

  • Posts: 235
Re: Kalamazoo County
« Reply #51 on: May 25, 2017, 11:09:16 AM »
This play is slowing heating up.  Earlier potential mapping showed many more wells possible.  New Leasehold Map verifies much. 

megabuck7006

  • Posts: 11
Re: Kalamazoo County
« Reply #52 on: February 21, 2018, 06:15:53 PM »
Anything new going on around here?!?? Cricket cricket

 


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