CGrowth Capital Inc (CGRA)

[pepeoil]

A horizontal well would not be deeper, the tvd is the same, the measured depth would be more.

With 20% porosity and 500 md perm, I doubt very seriously drilling horizontally is the way to go here, A vertical well could drain a large area with an active water drive and eor could be planned to develop the reserves more efficiently than a horizontal well,

In the right environment, a horizontal may drain more but not in many cases, In some cases, a horizontal is counter productive, You have to take the geology into consideration prior to engineering a plan. Many times a vertical well make more economic sense. Many shale play require horizontal wells because they have low porosity and low pern and require large stimulation jobs to create perm. Due to the low recovery factors, a horizontal well will expose more face of the rock to the wellbore. This is not the case of the minnelusa in the rocky point area