Hemi Energy Group Inc. (fka HMGP)

[Al_Kan_1972]

DMB's research has me excited, the more I try to connect the story the more excited I get, to the point of wild speculation.

We know Keith is old Texas oil, Texas oil started on salt domes. The question becomes is Piqua gas storage a salt dome? DMB's research made me do some digging, surely this cannot be unplanned coincidence.

http://www.tsha.utexas.edu/handbook/online/articles/HH/doh7.html

Through continued yields from deeper horizons on the flanks, Humble field was still producing as it approached its tenth decade and as its cumulative total neared 153 million barrels of oil by 1994.

The Humboldt Chanute has produced in excess of 90,000,000 barrels of oil.

Next

The well came in on January 7, 1905, and gave up the first gusher production in the field with a potential of 8,500 barrels of oil per day from a depth of 1,012 feet.

This Texas field is shallow oil, found only a few years earlier than the Humboldt Chanute.

Next

From 1905 through 1913 development of the field concentrated on the caprock of the salt dome, producing at depths of 1,100 to 1,200 feet. By the end of 1906, with flush production waning, the field yielded less than 3.6 million barrels of oil, and by 1907 it gave up only 2.9 million barrels, most of which was shipped to refineries by railroad tank cars. From 1907 through 1913 field production averaged 2 million barrels of oil per year, and no deeper exploration was attempted.

Very similar to the Humboldt Chanute, shallow wells which decline rapidly.

The following, which I doubt is an accident.

By 1938 the field covered 2,250 proved acres, 331 producing wells,

Hemi has 2,000 acres with 110 "old wells" and a type of geological dome.

This is where the similarities end and my speculation begins.

. When deep production was found on the dome flanks at Sour Lake field, operators in Humble field drilled into zones below 2,500 feet , hoping to emulate the success at Sour Lake. In November 1913 the effort was rewarded when Producers Oil No. 11 Carroll came in with a potential of 10,000 barrels of oil per day at a total depth of 2,700 feet in the Miocene to establish flank production in Humble field.

I have not been able to find any wells deeper than 2000 feet in Woodson or nearby counties. Perhaps DMB can research this also?

Finally if Hemi leases do not have deeper potential, could the water flooding they are doing yield similar results?

Several secondary recovery projects, including salt-water injection for waterflood and pressure maintenance, steam injection for thermal recovery, and gas injection for attic recovery, were initiated in the field. At the end of 1985 annual production declined to 453,125 barrels of oil and 268,060,000 cubic feet of casinghead gas.

Nice production numbers from a 100 year old 2,300 acre lease with 331 wells pumping. One would think!