Attached files
Exhibit 99.1
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5001 N. PENNSYLVANIA. SUITE 300
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PENN PARK OFFICE CENTER
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OKLAHOMA CITY. OKLAHOMA 73112
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(405) 840·5675
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March 6,2015
Fieldpoint Petroleum Corporation
Phillip H. Roberson
609 Castle Ridge
Ste 335
Austin TX 78746
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RE:
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Reserve and Economic Evaluation
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Fieldpoint Petroleum Corporation
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SEC Case Economics
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As of January 1, 2015
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Mr. Roberson:
As requested, I have prepared the Reserve and Economic Evaluation of various oil and gas properties owned by Fieldpoint Petroleum Corporation as of January 1, 2015. These evaluations consist of sixty-five (65) properties located throughout Oklahoma and Hemphill County, Texas. Many of these properties contain numerous wells with Behind-Pipe completions. This report contains seventy-three (73) evaluations consisting of sixty-five (65) Proved Developed Producing properties and eight (8) Behind-Pipe properties.
The Future Net Reserves and Future Net Revenue of the evaluated Fieldpoint Petroleum Corporation interests as of January 1, 2015, are as follows:
FLETCHER LEWIS ENGINEERING, INC.
FIELDPOINT PETROLEUM CORPORATION
Page 2
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NET OIL
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NET GAS
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FUTURE
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DISCOUNTED
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|||||||||||||
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(BBLS)
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(MCF)
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NET
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PRESENT
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|||||||||||||
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REVENUE
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WORTH 10%
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|||||||||||||||
| $ | $ | |||||||||||||||
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Proved Developed Producing
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54,881
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144,332
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3,581,697
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2,199,021
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Behind-Pipe
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112,895
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334,450
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8,015,425
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4,012,421
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Summary
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167,776
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478,782
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11,597,122
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6,211,442
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Following this report is a table listing the individual well or lease locations and the evaluated Working Interest and Net Revenue Interest. Following is a table listing the individual and summary Future Net Reserves and Future Net Revenue as of January 1, 2015. Also following this report are the individual production and economic projections of each of these wells and their summaries.
RESERVE CATEGORIES
The reserves were assigned as Producing, Probable and Possible. There may be some variation on the individual reserve entity but the aggregate of the reserves are multiple entities and should adhere to the required probabilities.
The reserves are estimated and anticipated to be recovered from known accumulations from a given date forward. These are based on the analysis of drilling, geological, geophysical and engineering data with the use of established technology under specified economic conditions which are generally accepted as being reasonable.
Proved reserves are those reserves that can be estimated with a high degree of certainty to be recoverable. There is at least a 90% probability that the quantities actually recovered will equal or exceed the estimated Proved reserves.
FLETCHER LEWIS ENGINEERING, INC.
FIELDPOINT PETROLEUM CORPORATION
Page 3
Probable reserves are those additional reserves are less certain to be recovered than Proved reserves. There is at least a 50% probability that the quantity actually recovered will equal or exceed the sum of the estimated Probable reserves.
Possible reserves are those additional reserves that are less certain to be recovered than Probable reserves. There is at least 10% probability that the quantity actually recovered will equal or exceed the sum of the estimated Possible reserves.
RESERVE DETERMINATION
All but three of the evaluated properties are disbursed by Halcon Resources Operating, Inc., although only slightly more than half are operated. The other three wells are operated and disbursed by Linn Operating. The public reported production for the wells are available through November 1, 2014, however there are many errors and inconsistencies in the public data. The Halcon Resources Operating and Linn Operating properties have production histories available by the remittances through October 2014. The outside operated properties had production by the remittances through June or July 2014.
The Proved Developed Producing properties were assigned reserves by assigning the latest available production rates and then extrapolating each property's historical production decline until its economic limit was reached.
FLETCHER LEWIS ENGINEERING, INC.
FIELDPOINT PETROLEUM CORPORATION
Page 4
The production data available through public services was often missing several months with a greater amount of errors in the more recent production. These public figures were compared to the volumes from the remittances, if the data did not agree the production histories were based on the remittance data. If there was consistent public data to compare with the processed gas, the public reported data was used with a calculated gas price from the total sales and production. For those properties with reduced gas volumes and no reliable public production numbers, the decline was based on the reduced gas volumes but with a higher gas price incorporating the plant products as part of the gas price.
The Mount Gilcrease Unit has significant Behind-Pipe reserves located throughout the unit. Productive Calvin, Thurman, Earlsboro and Lower Booch sands are found in numerous wells; nineteen of these wells have been completed in these sands, although it should be noted that in these wellbores, additional Behind-Pipe sands still exist. Behind-Pipe Lower Booch reserves were assigned to twenty-five (25) of the remaining forty seven (47) wellbores on a ten acre tract basis and on ten (10) of the fifteen (15) wellbores for the Calvin, Thurman and Earlsboro sands on a 40 acre tract basis; utilizing the porosities, water saturation and feet of net pay exhibited in the well logs, a 90% gas recovery factor for the Calvin, Thurman and Earlsboro zones and a 20% recovery factor for the Booch zones. These wells were scheduled to be completed in 2017 to 2021. These Behind-Pipe reserves are presented in two evaluations.
An additional two Gilcrease zones have been found to be productive in a recent recompletion and these same two zones are Behind-Pipe on the Britt Lease. Reserves were determined volumetrically utilizing the average net pay; porosity and water saturation exhibited though the area and a 15% recovery factor with a ten-acre drainage per Behind-Pipe well.
FLETCHER LEWIS ENGINEERING, INC.
FIELDPOINT PETROLEUM CORPORATION
Page 5
It is estimated that there are two wells with Behind-Pipe Gilcrease intervals in this lease. Reserves were assigned using an average initial production rate and decline to produce the volumetric reserves of each well and the recompletions are scheduled for January 2016.
The Butler property has an additional well with Behind-Pipe Gilcrease, Booch, Thurman and Earlsboro reserves. Gas reserves were assigned the Thurman and Earlsboro on a forty-acre basis utilizing the exhibited net pays, porosities and water saturations and utilizing a 90% recovery factor and oil reserves for the Gilcrease and Booch on a ten-acre basis utilizing a 20% recovery factor. This recompletion was scheduled for January 2016.
The Nan #1-30 has Behind-Pipe Booch and Thurman and the Nan #2-30 has Behind-Pipe Thurman. The Nan #1-30 was scheduled to complete the Behind-Pipe zones in January 2016, and the Nan #2-30 was scheduled to complete the Behind-Pipe zone in April 2016.
The Provence A lease has six Behind-Pipe Cromwell zones which are scheduled to be recompleted in July 2016, 2017 and 2018. These reserves were assigned based on analogous production.
Reserve estimates are only as reliable as the amount and quality of data that is available. The reserves assigned were developed with accepted engineering and evaluation principles, and are believed to be reasonable; however, the reserves should be accepted with the understanding that additional information subsequent to the date of this report might require their revision.
FLETCHER LEWIS ENGINEERING, INC.
FIELDPOINT PETROLEUM CORPORATION
Page 6
ECONOMIC ANALYSIS
The SEC rules require an average oil and gas price to be used that is derived from the first of the month oil and gas spot market prices as of the first of the month beginning in January through December 2014. The average posted price used was $87.33 per barrel and $4.21 per MCF. The individual first of the month prices and average prices are as follows:
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OIL PRICE$/BBL
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GAS PRICE$/MCF
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JAN 1, 2014
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91.63
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4.31
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FEB 1, 2014
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90.70
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5.10
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MAR 1, 2014
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95.80
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5.14
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APR 1, 2014
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92.95
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4.25
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MAY 1, 2014
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91.39
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4.41
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JUN 1, 2014
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94.62
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4.14
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JUL 1, 2014
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97.25
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4.32
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AUG 1, 2014
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89.79
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3.49
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SEP 1, 2014
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87.87
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3.72
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OCT 1, 2014
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82.64
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3.71
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NOV 1, 2014
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72.45
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3.73
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DEC 1, 2014
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60.91
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4.28
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AVERAGE
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87.33
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4.21
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The monthly oil price actually received was $2.29 per barrel above the posted prices and an oil price of $89.62 was used for these properties. This price was held constant for the life of the evaluation.
FLETCHER LEWIS ENGINEERING, INC.
FIELDPOINT PETROLEUM CORPORATION
Page 7
This average posted gas price was then adjusted by the individual remittances (differential) to assign the average price for each well. Plant products were incorporated into the gas price. For those properties in which only the processed gas volumes were available, incorporating the plant products resulted in high gas prices. These gas prices were held constant for the life of this evaluation.
Operating expenses were examined and the average historical operating expenses were calculated for each property utilizing Joint Interest Billings supplied to Fieldpoint Petroleum. The Behind-Pipe properties were assigned operating expenses typical to the formation and area. These operating expenses were held constant throughout the life of the evaluation.
The estimated costs for completing the Behind-Pipe zones in the Mount Gilcrease Unit are $24,000.00 per Lower Booch completion and $30,000.00 per well for the shallower gas completions (the shallower completions will require additional cementing costs) for a single zone completion. The estimated costs for to recomplete the Nan #1 is $40,000.00 and the Nan #2 is $80,000.00. The Butler Behind-Pipe completion is $50,000.00. The Provence A Behind-Pipe recompletion costs are $30,000.00 per well.
Applicable Severance and Ad Valorum Taxes have been considered in the economic evaluations. No consideration has been given to depreciation or Federal or State Income Taxes. Also, no future value was given for salvage equipment nor future costs to plug or abandon these wells (in most cases the salvage value is equal to plugging costs), for this evaIuation.
FLETCHER LEWIS ENGINEERING, INC.
FIELDPOINT PETROLEUM CORPORATION
Page 8
GENERAL
In evaluating the information available for this appraisal only the engineering data was evaluated with no potential legal or accounting considerations. The conclusions expressed were derived using accepted and sound engineering methods; however, inherent uncertainties in interpretations of engineering data do exist and the conclusions represent only informed professional judgment.
The basic data and computations are not in this report, but are available for inspection and study by authorized parties. Should any additional information be required, please do not hesitate to call.
Sincerely,
Fletcher Lewis, P.E.
FLETCHER LEWIS ENGINEERING, INC.
FIELDPOINT PETROLEUM CORPORATION
Page 9
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WELL NAME
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LOCATION
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COUNTY
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Working Interest %
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Net Revenue Interest %
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ALEXANDER #1-3
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3 B&B SUR
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HEMPHILL
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0.0585
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0.0180
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BARGER #1-11
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11-9N-11
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W
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CADDO
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0.1953
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0.1587
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BARGER #2-11
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11-9N-11
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W
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CADDO
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0.1953
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0.1485
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BARROW #1-31
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31-10N-11
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W
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CADDO
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0.0974
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0.0842
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BARROW #2-31
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31-10N-11
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W
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CADDO
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0.3516
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0.3039
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BRITT LEASE
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20- 4N- 7
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E
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PONTOTOC
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25.0000
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18.5797
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BRITT 10 LEASE
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20- 4N- 7
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E
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PONTOTOC
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25.0000
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20.3125
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LOWINDA BROWN #6-8
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7-1N-8
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E
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COAL
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21.8750
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9.5703
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BUTLER LEASE
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30-5N-8
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E
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PONTOTOC
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25.0000
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20.9003
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CHANUTE LEASE
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36-5N-7
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E
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PONTOTOC
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25.0000
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21.8750
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CITY OF ARDMORE #1-3
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3-5S-2
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E
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CARTER
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0.8536
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0.6651
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DEVAUGHAN #1-31
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31-10N-11
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W
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CADDO
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0.3516
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0.3039
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DIAMOND LEASE
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30- 5N- BE
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PONTOTOC
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25.0000
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20.8840
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ECKROAT #1-15
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15-12N-2
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W
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OKLAHOMA
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16.7637
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13.4109
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FRANK EDGE #1-11
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11-9N-11
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W
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CADDO
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0.1953
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0.1587
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IDA EDGE #1-11
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11-9N-11
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W
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CADDO
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0.1953
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0.1587
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FOLMAR #1-27
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27-12N-2
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W
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OKLAHOMA
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17.1875
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14.9274
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DORA HELMS #3-2
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2-1N-7
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E
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OKLAHOMA
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18.8423
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15.7478
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DORA HELMS #4-2
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2-1N-7
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E
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PONTOTOC
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18.8423
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17.1831
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HENDRICKS #1-15
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15-6N-9
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W
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CADDO
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0.1094
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0.0634
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HENDRICKS TRUST #1-27
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27-12N-2
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W
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OKLAHOMA
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25.0000
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20.3125
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IDA HOLLIE #1-20
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20-7N-23
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E
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LEFLORE
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0.5207
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0.4232
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IDA HOLLIE #2-20
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20-7N-23
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E
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LEFLORE
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0.5207
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0.4232
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|||||||||||
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E E HOUSE #1-12
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12-1N-7
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E
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PONTOTOC
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21.8750
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9.5704
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|||||||||||
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E E HOUSE #10-12
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12-1N-7
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E
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PONTOTOC
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21.8750
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9.5704
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|||||||||||
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JESSIE #1-24
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24-12N-13
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W
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CADDO
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0.4035
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0.3531
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|||||||||||
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JESSIE TOWNSITE #1-2
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2-1N-7
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E
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PONTOTOC
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18.8064
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17.0021
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|||||||||||
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KOLB #1-15
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15-12N-2
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W
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OKLAHOMA
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21.8750
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17.7734
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|||||||||||
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LEWIS #1-11
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11-5N-2
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W
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MCCLAIN
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11.2386
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9.6085
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|||||||||||
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LIVELY #1-6
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6-5N-20
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E
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LATIMER
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0.3906
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0.2930
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|||||||||||
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MCBRIDE #1-8
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8-9N-11
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W
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CADDO
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0.0977
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0.0794
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|||||||||||
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MCCURTAIN #1-1
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1-1N-7
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E
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PONTOTOC
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20.5625
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17.9922
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|||||||||||
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MCDONALD LEASE
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19-5N-8
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E
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PONTOTOC
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25.0000
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21.8750
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|||||||||||
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MCINTOSH #1-11
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11-4N-9
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W
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COMANCHE
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0.1297
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0.0979
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|||||||||||
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MOONEY #1-29
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29-6N-2
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W
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MCCLAIN
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17.1875
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13.6211
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|||||||||||
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MOUNT GILCREASE #3-12
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36-5N-7
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E
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PONTOTOC
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25.0000
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21.8750
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|||||||||||
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MOUNT GILCREASE #8-6
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36-5N-7
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E
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PONTOTOC
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25.0000
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21.8750
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|||||||||||
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MOUNT GILCREASE #8-9
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36-5N-7
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E
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PONTOTOC
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25.0000
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21.8750
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|||||||||||
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MOUNT GILCREASE UNIT
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25,26&35-5N-7
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E
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PONTOTOC
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25.0000
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21.7707
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|||||||||||
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MUSE #1-33
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33-2N-7
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E
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PONTOTOC
|
6.2500
|
5.4688
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|||||||||||
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NAN #1-30
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30-5N-8
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E
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PONTOTOC
|
25.0000
|
19.8242
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|||||||||||
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NAN #2-30
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30-5N-8
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E
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PONTOTOC
|
25.0000
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19.8242
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|||||||||||
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NORTHEAST FITTS UNIT
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22 & 23-2N-7
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E
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PONTOTOC
|
0.0009
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0.0008
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|||||||||||
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PARMENTER #2-4
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4-18N-15
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W
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DEWEY
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2.8438
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2.2395
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|||||||||||
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K 0 PAYNE #1-10
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10-17N-12
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W
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BLAINE
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1.1349
|
0.9431
|
|||||||||||
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PETTYJOHN B
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1- 1N- 7
|
E
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PONTOTOC
|
25.0000
|
20.5078
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|||||||||||
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CE PETTYJOHN
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1- 1N- 7
|
E
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PONTOTOC
|
25.0000
|
20.5078
|
|||||||||||
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GLADYS PETTYJOHN
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1- 1N- 7
|
E
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PONTOTOC
|
25.0000
|
21.0937
|
|||||||||||
|
POLLARD #2-31
|
31-19N-4
|
W
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LOGAN
|
4.5921
|
3.7411
|
|||||||||||
|
POWELL D #1-22
|
22-7N-8
|
W
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GRADY
|
3.1250
|
2.5000
|
|||||||||||
|
PROVENCE #1-2
|
2-1N-7
|
E
|
PONTOTOC
|
25.0000
|
20.8733
|
|||||||||||
|
PROVENCE A LEASE
|
2-1N-7
|
E
|
PONTOTOC
|
25.0000
|
20.8733
|
|||||||||||
|
ROSSER #1-31
|
31-10N-11
|
W
|
CADDO
|
0.3039
|
0.3516
|
|||||||||||
|
ROZIE #1-31
|
31-10N-11
|
W
|
CADDO
|
0.0974
|
0.0760
|
|||||||||||
|
ROZIE #2-31
|
31-10N-11
|
W
|
CADDO
|
0.0974
|
0.0760
|
|||||||||||
|
SANDY A #1-8
|
8-1N-8
|
E
|
COAL
|
4.9781
|
4.0771
|
|||||||||||
|
SHAW #1-11
|
11-9N-11
|
W
|
CADDO
|
0.1953
|
0.1587
|
|||||||||||
|
R W SIMPSON #1-12
|
12-1N-7
|
E
|
PONTOTOC
|
21.8750
|
19.1407
|
|||||||||||
|
TEX #1-14
|
14-4N-16
|
E
|
PITTSBURG
|
0.8203
|
0.6768
|
|||||||||||
|
THOMAS #1-20
|
20-2N-7
|
E
|
PONTOTOC
|
21.8750
|
18.8241
|
|||||||||||
|
GEORGE THOMPSON #1-1.
|
1-1N-7
|
E
|
PONTOTOC
|
15.1563
|
12.3145
|
|||||||||||
FLETCHER LEWIS ENGINEERING, INC.
FIELDPOINT PETROLEUM CORPORATION
Page 10
|
NAME
|
STATUS
|
NET OIL BBLS
|
NET GAS MCF
|
FUTURE NET
|
DISCOUNTED
|
|||||||||||||||
|
|
BBLS
|
MCF
|
CASHFLOW
|
10
|
%$
|
|||||||||||||||
|
ALEXANDER #1-3
|
PDP
|
0
|
81
|
53
|
44
|
|||||||||||||||
|
BARGER #1-11
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
BARGER #2-11
|
PDP
|
1
|
18
|
13
|
12
|
|||||||||||||||
|
BARROW #1-31
|
PDP
|
2
|
217
|
485
|
371
|
|||||||||||||||
|
BARROW #2-31
|
PDP
|
4
|
1,272
|
1,692
|
1,448
|
|||||||||||||||
|
BRITT LEASE
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
BRITT LEASE
|
BHP
|
6,799
|
0
|
493,726
|
278,515
|
|||||||||||||||
|
BRITT 10 LEASE
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
LOWINDA BROWN #6-8
|
PDP
|
563
|
5,659
|
47,325
|
34,337
|
|||||||||||||||
|
BUTLER LEASE
|
PDP
|
5,214
|
0
|
352,713
|
227,886
|
|||||||||||||||
|
BHP
|
565
|
61,239
|
155,312
|
118,628
|
||||||||||||||||
|
CHANUTE LEASE
|
PDP
|
1,159
|
0
|
42,502
|
30,293
|
|||||||||||||||
|
CITY OF ARDMORE #1-3
|
PDP
|
0
|
1,173
|
3,711
|
2,766
|
|||||||||||||||
|
DEVAUGHAN #1-31
|
PDP
|
3
|
1,042
|
1,167
|
946
|
|||||||||||||||
|
DIAMOND LEASE
|
PDP
|
11,570
|
0
|
743,760
|
457,614
|
|||||||||||||||
|
ECKROAT #1-15
|
PDP
|
384
|
0
|
17,829
|
11,652
|
|||||||||||||||
|
FRANK EDGE #1-11
|
PDP
|
4
|
79
|
129
|
111
|
|||||||||||||||
|
IDA EDGE #1-11
|
PDP
|
6
|
265
|
620
|
475
|
|||||||||||||||
|
FOLMAR #1-27
|
PDP
|
1,540
|
0
|
67,936
|
50,202
|
|||||||||||||||
|
DORA HELMS #3-2
|
PDP
|
207
|
0
|
2,491
|
2,250
|
|||||||||||||||
|
DORA HELMS #4-2
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
HENDRICKS #1-15
|
PDP
|
3
|
310
|
676
|
464
|
|||||||||||||||
|
HENDRICKS TRUST #1-27
|
PDP
|
181
|
0
|
2,646
|
2,304
|
|||||||||||||||
|
IDA HOLLIE #1-20
|
PDP
|
0
|
2,264
|
7,384
|
4,614
|
|||||||||||||||
|
IDA HOLLIE #2-20
|
PDP
|
0
|
517
|
1,135
|
773
|
|||||||||||||||
|
E E HOUSE #1-12
|
PDP
|
0
|
5,036
|
12,896
|
10,535
|
|||||||||||||||
|
E E HOUSE #10-12
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
JESSIE #1-24
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
JESSIE TOWNSITE #1-2
|
PDP
|
2,408
|
0
|
157,254
|
99,830
|
|||||||||||||||
|
KOLB #1-15
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
LEWIS #1-11
|
PDP
|
370
|
113,765
|
68,229
|
36,667
|
|||||||||||||||
|
LIVELY #1-6
|
PDP
|
0
|
574
|
2,616
|
2,004
|
|||||||||||||||
|
MCBRIDE #1-8
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
MCCURTAIN #1-1
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
MCDONALD LEASE
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
BHP
|
6,265
|
16,615
|
423,788
|
284,297
|
||||||||||||||||
|
MCINTOSH #1-11
|
PDP
|
0
|
125
|
282
|
227
|
|||||||||||||||
|
MOONEY #1-29
|
PDP
|
951
|
0
|
31,694
|
21,252
|
|||||||||||||||
|
MOUNT GILCREASE #3-12
|
PDP
|
0
|
2,579
|
1,058
|
874
|
|||||||||||||||
|
MOUNT GILCREASE #8-6
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
MOUNT GILCREASE #8-9
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
MOUNT GILCREASE UNIT
|
PDP
|
14,228
|
0
|
978,992
|
580,699
|
|||||||||||||||
|
BHP
|
0
|
234,286
|
487,644
|
368,577
|
||||||||||||||||
|
BHP
|
84,099
|
0
|
5,649,672
|
2,494,587
|
||||||||||||||||
|
MUSE #1-33
|
PDP
|
921
|
0
|
51,894
|
31,000
|
|||||||||||||||
|
NAN LEASE
|
PDP
|
105
|
0
|
1,352
|
1,198
|
|||||||||||||||
|
NAN #1-30
|
BHP
|
0
|
22,310
|
29,293
|
22,584
|
|||||||||||||||
|
NAN #2-30
|
BHP
|
2,799
|
0
|
50,297
|
35,655
|
|||||||||||||||
|
NORTHEAST FITTS UNIT
|
PDP
|
136
|
0
|
4,873
|
3,505
|
|||||||||||||||
|
PARMENTER #2-4
|
PDP
|
9
|
728
|
819
|
693
|
|||||||||||||||
|
K 0 pAYNE #1-10
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
PETTYJOHN B
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
CE PETTYJOHN
|
PDP
|
31
|
858
|
1,167
|
1,065
|
|||||||||||||||
|
GLADYS PETTYJOHN
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
POLLARD #2-31
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
POWELL D #1-22
|
PDP
|
0
|
3,969
|
7,666
|
5,310
|
|||||||||||||||
|
PROVENCE #1-2
|
PDP
|
100
|
0
|
1,036
|
958
|
|||||||||||||||
|
PROVENCE A LEASE
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
BHP
|
12,368
|
0
|
725,691
|
409,580
|
||||||||||||||||
|
ROSSER #1-31
|
PDP
|
4
|
817
|
873
|
656
|
|||||||||||||||
|
ROZIE #1-31
|
PDP
|
4
|
292
|
834
|
603
|
|||||||||||||||
|
ROZIE #2-31
|
PDP
|
4
|
671
|
2,677
|
1,714
|
|||||||||||||||
|
SANDY A #1-8
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
SHAW #1-11
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
R W SIMPSON #1-12
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
TEX #1-14
|
PDP
|
0
|
1,619
|
1,986
|
1,459
|
|||||||||||||||
|
THOMAS #1-20
|
PDP
|
10,622
|
0
|
742,767
|
449,212
|
|||||||||||||||
|
GEORGE THOMPSON #1-1
|
PDP
|
581
|
0
|
24,743
|
18,005
|
|||||||||||||||
|
PHARR THOMPSON #1-2
|
PDP
|
0
|
0
|
0
|
0
|
|||||||||||||||
|
THOMPSON HEIRS #4 & 5-1
|
PDP
|
3,567
|
0
|
191,045
|
102,473
|
|||||||||||||||
|
TROGDEN #1-15
|
PDP
|
0
|
146
|
155
|
130
|
|||||||||||||||
|
VIRGINIA #1-31
|
PDP
|
1
|
257
|
526
|
390
|
|||||||||||||||
|
PROVED DEVELOPED PRODUCING
|
54,881
|
144,332
|
3,581,697
|
2,199,021
|
||||||||||||||||
|
BEHIND-PIPE
|
112,895
|
334,450
|
8,015,425
|
4,012,421
|
||||||||||||||||
|
SUMMARY
|
167,776
|
478,782
|
11,597,122
|
6,211,442
|
||||||||||||||||